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 without setoff or counterclaim directly by check duly mailed or delivered to the Purchaser at its address referred to in Section 9.03 hereof, without any presentment or notation of payment, except that prior to any transfer of any Note, the holder thereof 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. All payments and prepayments of principal of and interest on the Notes shall be applied (to the extent thereof) to all of the Notes pro rata based on the principal amount --- ---- outstanding and held by each holder thereof.

Appears in 2 contracts

Samples: Loislaw Com Inc, Lionbridge Technologies Inc /De/

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Payments and Endorsements. (a) Payments of principal, interest and ------------------------- premium, if any, on the Notes shall be made without setoff set off or counterclaim counterclaim, directly by check duly mailed or delivered wire transfer to the Purchaser at its address referred to an account designated in Section 9.03 hereofwriting by each Noteholder, without any presentment or notation of payment, except that prior to any transfer of any Note, the holder thereof 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. All payments and prepayments of principal of of, and interest on on, the Notes shall be applied (to the extent thereof) to all of the Notes pro rata based on the principal amount --- ---- outstanding and held by each holder thereof.

Appears in 2 contracts

Samples: Convertible Note Purchase Agreement (Open Link Financial, Inc.), Subordinated Note Purchase Agreement (Alma Lasers Ltd.)

Payments and Endorsements. (a) Payments of principal, interest and ------------------------- premium, if any, on the Notes shall be made without setoff set off or counterclaim counterclaim, directly by check duly mailed or delivered wire transfer to the Purchaser at its address referred to an account designated in Section 9.03 hereofwriting by each Noteholder, without any presentment or notation of payment, except that prior to any transfer of any Note, the holder thereof 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. All payments and prepayments of principal of of, and interest on on, the Notes shall be applied (to the extent thereof) to all of the Notes pro rata PRO RATA based on the principal amount --- ---- outstanding and held by each holder thereof.

Appears in 2 contracts

Samples: Subordinated Note Purchase Agreement (Clayton Holdings Inc), Purchase Agreement (Clayton Holdings Inc)

Payments and Endorsements. Payments of principal, principal and interest and ------------------------- premium, if any, on the Notes shall be made without setoff or counterclaim directly by check duly mailed or delivered wire transfer of funds to the Purchaser at its address referred to account or accounts designated in Section 9.03 hereofwriting by the Purchaser, without any presentment or notation of payment, except that prior to any transfer of any Notethe Notes, the holder thereof shall endorse on such that Note a record of the date to which interest has been paid and all payments made on account of principal of such that Note. All If at any time more than one Note is outstanding, then all payments and prepayments of principal of and interest on the Notes shall be applied (to the extent thereof) to all holders of the Notes pro rata based on the principal amount --- ---- outstanding and held by each holder thereofholder.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Open Port Technology Inc)

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Payments and Endorsements. Payments of principal, principal and interest and ------------------------- premium, if any, on the Notes shall be made without setoff or counterclaim directly by check duly mailed or delivered means of wire transfer in accordance with the written instructions provided to the Purchaser at its address referred to in Section 9.03 hereofCompany by the holder of each Note, without any presentment or notation of payment, except that prior to any transfer of any Note, the holder thereof 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. All payments and prepayments of principal of and interest on the Notes shall be applied (to the extent thereof) to all of the Notes pro rata based on the principal amount --- ---- outstanding and held by each holder thereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (Oncure Medical Corp)

Payments and Endorsements. (a) Payments of principal, principal and interest and ------------------------- premium, if any, on the Notes shall be made without setoff set off or counterclaim directly by bank or certified check duly mailed or delivered by wire transfer to the Purchaser at its address referred to an account designated in Section 9.03 hereofwriting by each Noteholder, without any presentment or notation of payment, except that prior to any transfer of any Note, the holder thereof 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. All payments and prepayments of principal of and interest on the Notes shall be applied (to the extent thereof) to all of the Notes pro rata based on the principal amount --- ---- outstanding and held by each holder thereof.

Appears in 1 contract

Samples: Subordinated Note and Warrant Purchase Agreement (Allou Health & Beauty Care Inc)

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