Common use of Prepayment by the Company Clause in Contracts

Prepayment by the Company. At any time upon ten (10) days written notice to the Holder, the Company may prepay any portion of the principal amount of this Note and any accrued and unpaid interest. If the Company exercises its right to prepay the Note, the Company shall make payment to the Holder of an amount in cash equal to 120% of the sum of (i) the then outstanding principal amount of this Note and (ii) accrued interest thereon within three (3) Business Days after such ten (10) day period. The Holder may convert the Note from the date notice of the prepayment is given until the date of the prepayment.

Prepayment by the Company. At any time upon ten (10) days written notice to the Holder, the Company may prepay any portion of the principal amount of this Note and any accrued and unpaid interest. If the Company exercises its right to prepay the Note, the Company shall make payment to the Holder of an amount in cash equal to 120% of the sum of (i) the then outstanding principal amount of this Note and (ii) accrued interest thereon within three (3) Business Days after such ten (10) day period. The Holder may convert the Note from the date notice of the prepayment is given until the date of the prepayment.

Prepayment by the Company. At any time upon ten (10) days written notice to the Holder, the Company may prepay any portion of the principal amount of this Note and any accrued and unpaid interest. If the Company exercises its right to prepay the this Note, the Company shall make payment to the Holder of an amount in cash equal to 120% of the sum of (i) the then outstanding principal amount of this Note to be prepaid and (ii) accrued interest thereon within three (3) Business Days after such ten (10) day period. The Holder may convert the Note from the date notice of the prepayment is given until the date of the prepayment.

Prepayment by the Company. At any time upon ten (10) days written notice to the Holder, the Company may prepay any portion of the principal amount of this Note and any accrued and unpaid interest. If the Company exercises its right to prepay the Note, the Company shall make payment to the Holder of an amount in cash equal to 120% of the sum of (i) the then outstanding principal amount of this Note and (ii) accrued interest thereon within three (3) Business Days after such ten (10) day period. The Holder may convert (to the extent provided herein) the Note from the date notice of the prepayment is given until the date of the prepayment.