Payment and Redemption Sample Clauses
Payment and Redemption. Upon three (3) days written notice to the Holder (each, a “Repayment Period”), the Company may repay the total outstanding amount under this Note as provided herein. If the Company exercises its right to repay the Note, the Company shall make payment to the Holder of an amount in cash equal to the sum of the then outstanding principal amount and interest of this Note multiplied by 120% (the “Repayment Amount”). Holder cannot convert the Note during each Repayment Period unless an Event of Default has occurred hereunder and at least six months and 3 days have elapsed since the Original Issue Date. Upon the occurrence of an Event of Default, which is not cured within the three (3) calendar days as provided in Section 6, the Holder shall have the right to require the Company to make payment to the Holder of an amount in cash equal to the Mandatory Default Amount.
Payment and Redemption. Upon ten (10) days written notice to the Holder (each, a “Repayment Period”), the Company may repay the total outstanding amount under this Note as provided herein. If the Company exercises its right to repay the Note, the Company shall make payment to the Holder of an amount in cash equal to the sum of the then outstanding principal amount and interest of this Note multiplied by 130% within the first 90 days of Issuance or 150% beyond 90 of Issuance (the “Repayment Amount”). Holder can convert the Note during each Repayment Period. Upon the occurrence of an Event of Default, the Holder shall have the right to require the Company to make payment to the Holder of an amount in cash equal to the Mandatory Default Amount.
Payment and Redemption. OF LOCAL BOND
Payment and Redemption. Payment of Rental Payments and Related Amounts 16 Section 6.2 Defeasance and Redemption 17 Section 6.3 Payments and Rights Assigned 18 Section 6.4 Obligations Absolute and Unconditional 18 Section 7.1 Maintenance 19 Section 7.2 Additions and Modifications 19 Section 7.3 Permits 19 Section 7.4 Use 19 Section 7.5 Inspection and Local Government's Books and Records 19 Section 7.6 Ownership 20 Section 7.7 Sale or Encumbrance 20 Section 7.8 Lawful Charges 20 Section 7.9 Construction Contractors 21 Section 7.10 Environmental Responsibilities 21
Payment and Redemption