Common use of Payments and Endorsements Clause in Contracts

Payments and Endorsements. Payments of principal, interest and premium, if any, on the Notes, shall be made directly by wire transfer or by checks duly mailed or delivered to the Investor at address specified in the Notes without any presentment or notation of payment, except that prior to any transfer of any Note, the holder of record shall endorse on such Note a record of the date to which interest has been paid and all payments made on account of principal of such Note.

Appears in 4 contracts

Samples: Note Purchase Agreement (Positron Corp), Note Purchase Agreement (Positron Corp), Note Purchase Agreement (Positron Corp)

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Payments and Endorsements. Payments of principal, interest and premium, if any, on the Notes, shall be made directly by wire transfer or by checks check duly mailed or delivered to the Investor Purchaser at its address specified referred to in Section 7.03 hereof or, if requested by the Notes Purchaser, by wire transfer to an account designated by the Purchaser, without any presentment or notation of payment, except that prior to any transfer of any Note, the holder of record shall endorse on such Note a record of the date to which interest has been paid and all payments made on account of principal of such Note.

Appears in 3 contracts

Samples: Note Purchase Agreement (Dynasil Corp of America), Note Purchase Agreement (Dynasil Corp of America), Security Agreement (Dynasil Corp of America)

Payments and Endorsements. Payments of principal, interest and premium, if any, on the Notes, Notes shall be made directly by wire transfer or by checks check duly mailed or delivered to the Investor Purchaser at the address specified in the Notes enumerated on Schedule I hereto, without any presentment or notation of payment, except that prior to any transfer of any Notethe Notes, the holder of record shall endorse on such the Note a record of the date to which interest has been paid and all payments made on account of principal of such Notethe Notes.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Gigabeam Corp)

Payments and Endorsements. Payments of principal, interest principal and premiuminterest, if any, on the Notes, Notes shall be made directly by wire transfer or by checks duly mailed or delivered to the Investor each Purchaser at its address specified in the Notes enumerated on Schedule I hereto, without any presentment or notation of payment, except that prior to any transfer of any Note, the holder of record shall endorse on such the Note a record of the date to which interest has been paid and all payments made on account of principal of such the Note.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Yellowbrix Inc)

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Payments and Endorsements. Payments of principal, interest and --------------------------- premium, if any, on the Notes, shall be made directly by wire transfer or by checks duly mailed or delivered to the Investor at address addresses specified in the Notes Note without any presentment or notation of payment, except that prior to any transfer of any Note, the holder of record shall endorse on such Note a record of the date to which interest has been paid and all payments made on account of principal of such Note.

Appears in 1 contract

Samples: Corporation Note Purchase Agreement (Positron Corp)

Payments and Endorsements. Payments of principal, interest and premium, if any, on the Notes, Note shall be made directly by wire transfer or by checks check duly mailed or delivered to the Investor Purchaser at the address specified in the Notes enumerated on Schedule I hereto, without any presentment or notation of payment, except that prior to any transfer of any the Note, the holder of record shall endorse on such the Note a record of the date to which interest has been paid and all payments made on account of principal of such the Note.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Gigabeam Corp)

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