Prepayment Upon an Event of Default. Notwithstanding anything to the contrary contained herein, upon the occurrence of an Event of Default described in Sections 2.1(b)-(i), (l), (m) and (n) hereof, the Holder shall have the right, at the Holder’s option, to require the Makers to prepay in cash all or a portion of this Note at a price equal to one hundred percent (100%) of the aggregate principal amount of this Note plus all accrued and unpaid Interest applicable at the time of such request. Nothing in this Section 3.7(a) shall limit the Holder’s rights under Section 2.2 hereof.
Appears in 13 contracts
Samples: Bridge Note (Vision Capital Advisors, LLC), Bridge Note (Vision Capital Advisors, LLC), Bridge Note (Vision Capital Advisors, LLC)
Prepayment Upon an Event of Default. Notwithstanding anything to the contrary contained herein, upon the occurrence of an Event of Default described in Sections 2.1(b)-(i), ) or (l), (m) and (nl)-(m) hereof, the Holder shall have the right, at the such Holder’s option, to require the Makers Maker to prepay in cash all or a portion of this Note at a price equal to one hundred and ten percent (100110%) of the aggregate principal amount of this Note plus all accrued and unpaid Interest interest applicable at the time of such request. Nothing in this Section 3.7(a3.6(a) shall limit the Holder’s rights under Section 2.2 hereof.
Appears in 5 contracts
Samples: Senior Convertible Promissory Note (Urigen Pharmaceuticals, Inc.), Senior Convertible Promissory Note (Urigen Pharmaceuticals, Inc.), Senior Secured Convertible Promissory Note (Urigen Pharmaceuticals, Inc.)
Prepayment Upon an Event of Default. Notwithstanding anything to the contrary contained herein, upon the occurrence of an Event of Default described in Sections 2.1(b)-(i)) , (l)) , (m) and (n) hereof, the Holder shall have the right, at the Holder’s option, to require the Makers to prepay in cash all or a portion of this Note at a price equal to one hundred percent (100%) of the aggregate principal amount of this Note plus all accrued and unpaid Interest applicable at the time of such request. Nothing in this Section 3.7(a) shall limit the Holder’s rights under Section 2.2 hereof.
Appears in 4 contracts
Samples: Bridge Note (Juma Technology Corp.), Bridge Note (Juma Technology Corp.), Bridge Note (Juma Technology Corp.)
Prepayment Upon an Event of Default. Notwithstanding anything to the contrary contained herein, upon the occurrence of an Event of Default described in Sections 2.1(b)-(i), (l), (m) and (n2.1(a)-(m) hereof, the Holder shall have the right, at the such Holder’s option, to require the Makers Company to prepay in cash all or a portion of this Note at a price equal to one hundred percent (100%) 150% of the aggregate principal amount of this Note plus and all accrued and unpaid Interest interest applicable at the time of such requestrequest (the “Event of Default Prepayment Price”). Nothing in this Section 3.7(a3.6(b) shall limit the Holder’s rights under Section 2.2 hereof.
Appears in 3 contracts
Samples: Membership Interest Purchase Agreement (Boxlight Corp), Convertible Promissory Note (Boxlight Corp), Convertible Promissory Note (Boxlight Corp)
Prepayment Upon an Event of Default. Notwithstanding anything to the contrary contained herein, upon the occurrence of an Event of Default described in Sections 2.1(b)-(i), (l), (m) and (n2.1(b)-(m) hereof, the Holder shall have the right, at the such Holder’s option, to require the Makers Maker to prepay in cash all or a portion of this Note at a price equal to one hundred and twenty five percent (100125%) of the aggregate principal amount of this Note plus all accrued and unpaid Interest interest applicable at the time of such request. Nothing in this Section 3.7(a3.6(a) shall limit the Holder’s rights under Section 2.2 hereof.
Appears in 3 contracts
Samples: Senior Secured Convertible Promissory Note (Cordex Pharma, Inc.), Senior Secured Convertible Promissory Note (Cordex Pharma, Inc.), Senior Secured Convertible Promissory Note (Cordex Pharma, Inc.)
Prepayment Upon an Event of Default. Notwithstanding anything to the contrary contained herein, upon the occurrence of an Event of Default described in Sections 2.1(b)-(i), ) or (l), (m) and (n) hereof, the Holder shall have the right, at the such Holder’s option, to require the Makers Maker to prepay in cash all or a portion of this Note at a price equal to one hundred and fifteen percent (100115%) of the aggregate principal amount of this Note plus all accrued and unpaid Interest interest applicable at the time of such request. Nothing in this Section 3.7(a3.6(a) shall limit the Holder’s rights under Section 2.2 hereof.
Appears in 2 contracts
Samples: 10% Senior Secured Convertible Promissory Note (Wits Basin Precious Minerals Inc), Convertible Promissory Note (Wits Basin Precious Minerals Inc)
Prepayment Upon an Event of Default. Notwithstanding anything to the contrary contained herein, upon the occurrence of an Event of Default described in Sections 2.1(b)-(i2.1(a)-(i), (l), (m) and (n) hereof, the Holder shall have the right, at the such Holder’s 's option, to require the Makers Company to prepay (prior to the Maturity Date) in cash all or a portion of this the applicable Note at a price equal to one hundred percent (100%) of the aggregate principal amount of this Note plus all outstanding Principal Amount and accrued and but unpaid Interest of each applicable at Note (the time "Event of such requestDefault Prepayment Price"). Nothing in this Section 3.7(a3.6(a) shall limit the Holder’s 's rights under Section 2.2 hereof2.2.
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Prepayment Upon an Event of Default. Notwithstanding anything to the contrary contained herein, upon the occurrence of an Event of Default described in Sections 2.1(b)-(i), (l), (m) and (n) Section 2.1 hereof, the Holder shall have the right, at the such Holder’s 's option, to require the Makers Maker to prepay in cash all or a portion of this Note at a price equal to one hundred twenty percent (100120%) of the aggregate principal amount of this Note plus all accrued and unpaid Interest applicable at an amount equal to the time of such requestaggregate interest payments that would have been payable on this Note had the prepayment occurred on the Maturity Date. Nothing in this Section 3.7(a3.5(a) shall limit the Holder’s 's rights under Section 2.2 hereof.
Appears in 1 contract
Samples: Secured Convertible Promissory Note (Cyber Defense Systems Inc)
Prepayment Upon an Event of Default. Notwithstanding anything to the contrary contained herein, upon the occurrence of an Event of Default described in Sections 2.1(b)-(i), (l), (m) and (n2.1(b)-(k) hereof, the Holder shall have the right, at the such Holder’s 's option, to require the Makers Maker to prepay in cash all or a portion of this Note at a price equal to one hundred percent (100%) of the aggregate principal amount of this Note plus all accrued and unpaid Interest interest applicable at the time of such request. Nothing in this Section 3.7(a) shall limit the Holder’s 's rights under Section 2.2 hereof.
Appears in 1 contract
Samples: Convertible Promissory Note (Juma Technology Corp.)
Prepayment Upon an Event of Default. Notwithstanding anything to the contrary contained herein, upon the occurrence of an Event of Default described in Sections 2.1(b)-(i), (l), (m) and (n2.1(b)-(k) hereof, the Holder shall have the right, at the such Holder’s 's option, to require the Makers Maker to prepay in cash all or a portion of this Note at a price equal to one hundred percent the Triggering Event Prepayment Price (100%as defined in Section 3.7(c) of the aggregate principal amount of this Note plus all accrued and unpaid Interest below) applicable at the time of such requestrequest (the "Event of Default Prepayment Price"). Nothing in this Section 3.7(a) shall limit the Holder’s 's rights under Section 2.2 hereof.
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Prepayment Upon an Event of Default. Notwithstanding anything to the contrary contained herein, upon the occurrence of an Event of Default described in Sections 2.1(b)-(i2.1(a)-(i), (l), (m) and (n) hereof, the Holder shall have the right, at the such Holder’s option, to require the Makers Company to prepay (prior to the Maturity Date) in cash all or a portion of this the applicable Note at a price equal to one hundred percent (100%) of the aggregate principal amount of this Note plus all outstanding Principal Amount and accrued and but unpaid Interest of each applicable at Note (the time "Event of such requestDefault Prepayment Price"). Nothing in this Section 3.7(a3.6(a) shall limit the Holder’s rights under Section 2.2 hereof2.2.
Appears in 1 contract
Prepayment Upon an Event of Default. Notwithstanding anything to the contrary contained herein, upon the occurrence of an Event of Default described in Sections 2.1(b)-(i), (l), (m) and (n2.1(b)-(k) hereof, the Holder shall have the right, at the such Holder’s 's option, to require the Makers to prepay in cash all or a portion of this Note at a price equal to one hundred percent (100%) of the aggregate principal amount of this Note plus all accrued and unpaid Interest interest applicable at the time of such request. Nothing in this Section 3.7(a) shall limit the Holder’s 's rights under Section 2.2 hereof.
Appears in 1 contract
Samples: Convertible Promissory Note (Juma Technology Corp.)
Prepayment Upon an Event of Default. Notwithstanding anything to the contrary contained herein, upon the occurrence of an Event of Default described in Sections 2.1(b)-(i), (l), (m2.1(a)(i) and (nthrough a(ii) hereof, the Holder shall have the right, at the such Holder’s option, to require the Makers Maker to prepay in cash all or a portion of this Note at a price equal to one hundred percent (100%) of the aggregate principal amount of this Note being prepaid plus all accrued and unpaid Interest interest applicable at the time of such request. Nothing in this Section 3.7(a3.1(a) shall limit the Holder’s rights under Section 2.2 hereof.
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Prepayment Upon an Event of Default. Notwithstanding anything to the contrary contained herein, upon the occurrence of an Event of Default described in Sections 2.1(b)-(i), (l), (m) and (n) hereof, the Holder shall have the right, at the Holder’s option, to require the Makers to prepay in cash all or a portion of this Note at a price equal to one hundred percent (100%) of the aggregate principal amount of this Note plus all accrued and unpaid Interest interest applicable at the time of such request. Nothing in this Section 3.7(a) shall limit the Holder’s rights under Section 2.2 hereof.
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