Payment of Principal and Redemption. (a) In the event of an occurrence of an Event of Default, then the outstanding principal balance of this Note shall be due and payable in full on the Maturity Date. Prior to the Mandatory Conversion Date this Note may not be prepaid. (b) Nothing in this Section 5 shall impair the Holder’s right to convert this Note pursuant to Section 3 prior to the Mandatory Conversion Date.
Appears in 7 contracts
Samples: Convertible Promissory Note and Warrant Purchase Agreement (VG Life Sciences Inc.), Convertible Promissory Note and Warrant Purchase Agreement (VG Life Sciences Inc.), Convertible Promissory Note and Warrant Purchase Agreement (VG Life Sciences Inc.)
Payment of Principal and Redemption. (a) In To the event of an occurrence of an Event of Defaultextent not converted in full on or prior to the Maturity Date, as contemplated herein, then the outstanding principal balance of this Note shall be due and payable in full on the Maturity Date. Prior to the Mandatory Conversion Date this Note may not be prepaid.
(b) Nothing in this Section 5 shall impair the Holder’s right to convert this Note pursuant to Section 3 prior to the Mandatory Conversion Date.
Appears in 3 contracts
Samples: Convertible Promissory Note and Warrant Purchase Agreement (VG Life Sciences Inc.), Convertible Promissory Note and Warrant Purchase Agreement (VG Life Sciences Inc.), Convertible Promissory Note and Warrant Purchase Agreement (VG Life Sciences, Inc.)
Payment of Principal and Redemption. (a) In To the event of an occurrence of an Event of Defaultextent not converted in full on or prior to the Maturity Date, as contemplated herein, then the outstanding principal balance of this Note shall be due and payable in full on the Maturity Date. Prior to the Mandatory Conversion Date this Note may not be prepaid.
(b) Nothing in this Section 5 shall impair the Holder’s 's right to convert this Note pursuant to Section 3 prior to the Mandatory Conversion Date.
Appears in 1 contract
Samples: Convertible Promissory Note and Warrant Purchase Agreement (VG Life Sciences, Inc.)
Payment of Principal and Redemption. (a) In the event of an occurrence of an Event of Default, then the outstanding principal balance of this Note shall be due and payable in full on the Maturity Date. Prior to the Mandatory Conversion Date this Note may not be prepaid.
(b) Nothing in this Section 5 shall impair the Holder’s 's right to convert this Note pursuant to Section 3 prior to the Mandatory Conversion Date.
Appears in 1 contract
Samples: Convertible Promissory Note and Warrant Purchase Agreement (VG Life Sciences, Inc.)
