Payment of Interest on the Notes. The parties to this Amendment hereby agree that, notwithstanding anything to the contrary contained in the Notes, any and all payments of interest on the Notes shall be made, at the option of the Company (and not of the Holder), in cash or in shares of Common Stock at the then applicable Conversion Price.
Appears in 2 contracts
Samples: Callable Secured Convertible Notes (Grant Life Sciences, Inc.), Callable Secured Convertible Notes (Veridicom International Inc)
Payment of Interest on the Notes. The parties to this Amendment hereby confirm and agree that, notwithstanding anything to the contrary contained in the Notes, any and all payments of interest on the Notes shall be made, at the option of the Company (and not of the Holder), in cash or in shares of Common Stock at the then applicable Conversion Price.
Appears in 1 contract
Samples: Callable Secured Convertible Notes (Avitar Inc /De/)
Payment of Interest on the Notes. The parties to this Amendment hereby agree that, notwithstanding anything to the contrary contained in the Notes, any and all payments of interest on the Notes shall be made, at the option of the Company (and not of the Holder), made in cash or in shares of Common Stock at the then applicable Conversion Pricecash.
Appears in 1 contract
Samples: Callable Secured Convertible Notes (Veridicom International Inc)
