Partial Payment. In the event of partial payment by the Holder, the principal sum due to the Holder shall be prorated based on the consideration actually paid by lender such that the company is only required to repay the amount funded and the company is not required to repay any unfunded portion of this note.
Appears in 23 contracts
Samples: Convertible Note Agreement (Blue Water Global Group, Inc.), Note (Brazil Minerals, Inc.), Note (Brazil Minerals, Inc.)
Partial Payment. In the event of partial payment by the Holder, the principal sum due to the Holder shall be prorated based on the consideration actually paid by lender the Holder such that the company Company is only required to repay the amount funded and the company Company is not required to repay any unfunded portion of this noteNote, with the exception of any OID contemplated herein.
Appears in 10 contracts
Samples: Securities Purchase Agreement (Bemax, Inc.), Convertible Note (Pura Naturals, Inc.), Securities Purchase Agreement (Bemax, Inc.)
Partial Payment. In the event of partial payment by the Holder, the principal sum due to the Holder shall be prorated based on the consideration actually paid by lender the Holder such that the company Company is only required to repay the amount funded and the company Company is not required to repay any unfunded portion of this note.Note, with the exception of any OID contemplated herein
Appears in 3 contracts
Samples: Convertible Note (Bemax, Inc.), Convertible Promissory Note (Bemax, Inc.), Convertible Note Agreement (Bemax, Inc.)
Partial Payment. In the event of partial payment by the Holder, the principal sum due to the Holder shall be prorated based on the consideration actually paid by lender the Holder such that the company Company is only required to repay the amount funded and the company Company is not required to repay any unfunded portion of this noteNote, with the exception of any 010 contemplated herein.
Appears in 2 contracts
Samples: Convertible Note Agreement (Clean Energy Technologies, Inc.), Convertible Note Agreement (Clean Energy Technologies, Inc.)
Partial Payment. In the event of partial payment by the Holder, ,the principal sum due to the Holder shall be prorated based on the consideration actually paid by lender such that the company is only required to repay the amount funded and the company is not required to repay any unfunded portion of this note.
Appears in 1 contract
Samples: Note (Eventure Interactive, Inc.)
Partial Payment. In the event of partial payment by the Holder, the principal sum due to the Holder shall be prorated based on the consideration actually paid by lender the Holder such that the company Company is only required to repay the amount funded and the company Company is not required to repay any unfunded portion of this noteNote, with the exception of anything specifically contemplated herein.
Appears in 1 contract
Samples: Note (No Borders, Inc.)
Partial Payment. In the event of partial payment by the Holder, the principal sum due to the Holder shall be prorated based on the consideration actually paid by lender the Holder such that the company Company is only required to repay the amount funded and the company Company is not required to repay any unfunded portion of this noteNote, with the exception of any OID contemplated herein, if any.
Appears in 1 contract
Samples: Note (Jammin Java Corp.)
Partial Payment. In the event of partial payment by the Holder, the principal sum due to the Holder shall be prorated based on the consideration actually paid by lender Holder such that the company Company is only required to repay the amount funded and the company Company is not required to repay any unfunded portion of this note.
Appears in 1 contract
Samples: Note (Brazil Minerals, Inc.)
