Common use of No Payment of Interest Clause in Contracts

No Payment of Interest. This Debenture was issued for an Original Issue Discount. No interest payments shall be due and payable to the Holder hereunder.

Appears in 5 contracts

Samples: Escrow Agreement (Synthetic Blood International Inc), Fellows Energy LTD, Fellows Energy LTD

AutoNDA by SimpleDocs

No Payment of Interest. This Debenture Note was issued for an Original Issue Discount. No interest payments shall be due and payable to the Holder hereunder.

Appears in 2 contracts

Samples: DOC.COM Inc., Synthetic Blood International Inc

AutoNDA by SimpleDocs

No Payment of Interest. This Debenture was issued for an Original Issue Discount. No interest payments shall be due and payable to the Holder hereunderthereunder.

Appears in 1 contract

Samples: Id-Confirm, Inc.

Time is Money Join Law Insider Premium to draft better contracts faster.