Common use of Pay Market Price Loss in Cash Clause in Contracts

Pay Market Price Loss in Cash. The Borrower must pay the Market Price Loss by cash payment, and any such cash payment must be made by the third business day from the time of the Holder’s written notice to the Borrower.

Appears in 4 contracts

Samples: Securities Agreement (Airborne Wireless Network), Security Agreement (POSITIVEID Corp), Security Agreement (Airborne Wireless Network)

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Pay Market Price Loss in Cash. The Borrower must pay the Market Price Loss by cash payment, and any such cash payment must be made by the third business day from the time of the Holder’s written notice to the Borrower. Option B – Add Market Price Loss to Principal Sum. The Borrower must pay the Market Price Loss by adding the Market Price Loss to the balance of the Principal Sum (under Holder’s and the Borrower’s expectation that any Market Price Loss amounts will tack back to the original date of issue of this Note).

Appears in 1 contract

Samples: Securities Purchase Agreement (Lithium Exploration Group, Inc.)

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