Payment of Interest in Cash. The Company shall pay interest to the Holder on the aggregate principal amount of this Note outstanding from time to time at the Applicable Interest Rate, payable monthly in arrears as of the last Business Day of each calendar month (commencing on the Original Issue Date) and on the Maturity Date, in cash (by wire transfer of immediately available funds to the account of the Holder).
Appears in 3 contracts
Samples: Securities Purchase Agreement (ObsEva SA), Securities Purchase Agreement (ObsEva SA), Securities Purchase Agreement (ObsEva SA)
Payment of Interest in Cash. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note outstanding from time to time Debenture at the Applicable Interest Rate, payable monthly in arrears as of the last Business Trading Day of each calendar month (commencing on the Original Issue Date) and on the Maturity DateDate (if any such date is not a Business Day, then the applicable payment shall be due on the next succeeding Business Day) in cash (by wire transfer of immediately available funds to the account of the Holder)cash.
Appears in 2 contracts
Samples: Convertible Security Agreement (Intercloud Systems, Inc.), Convertible Security Agreement (Intercloud Systems, Inc.)
Payment of Interest in Cash. The Company shall pay interest to the Holder on the aggregate principal amount of this Note outstanding from time to time at the Applicable Interest Rate, payable monthly semi-annually in arrears as of the last Business Day of each calendar month (commencing on the Original Issue Date) August and January and on the Maturity Date, in cash (by wire transfer of immediately available funds to the account of the Holder). On the Maturity Date the Company also shall pay to the Holder the Catch-up Interest Amount.
Appears in 1 contract
Samples: Securities Purchase Agreement (Emmaus Life Sciences, Inc.)
Payment of Interest in Cash. The Company shall pay interest to the Holder on the aggregate principal amount of this Note outstanding from time to time at the Applicable Interest Rate, payable monthly in arrears as of the last Business Day of each calendar month (commencing on the Original Issue DateDecember 31, 2020) and on the Maturity Date, in cash (by wire transfer of immediately available funds to the account of the Holder).
Appears in 1 contract
Samples: Security Agreement (NewAge, Inc.)
