Prepayment Right. The Maker has the right to prepay this Note in lawful money of the United States with the written consent of the Holder. If this Note is prepaid in lawful money of the United States prior to an IPO, the payment amount shall equal 110% of the Principal Amount.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Ideal Power Inc.), Senior Secured Convertible Promissory Note (Ideal Power Inc.), Senior Secured Convertible Promissory Note (Ideal Power Inc.)
Prepayment Right. The Maker has the right to prepay this Note in lawful money of the United States with the written consent of the Holder. If this Note is prepaid in lawful money of the United States prior to an IPO, the payment amount shall equal 110% of the Principal Amount.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Ideal Power Inc.), Senior Secured Convertible Promissory Note (Ideal Power Inc.)
Prepayment Right. The Maker has the right to prepay this Note in lawful money of the United States with the written consent of the Holder. If this Note is prepaid in lawful money of the United States prior to an IPOa Public Offering, the payment amount shall equal 110% of the Principal Amount.
Appears in 1 contract
