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)-(k) hereof, the Holder shall have the right, at such Holder's option, to require the Maker to prepay in cash all or a portion of this Note at a price equal to one hundred twenty percent (120%) of the aggregate principal amount of this Note 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 2 contracts
Samples: Note and Warrant Purchase Agreement (Remote Dynamics Inc), Note and Warrant Purchase Agreement (Remote Dynamics 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)-(k) hereofDefault, the Holder shall have the right, at such Holder's option, to require the Maker to prepay in cash all or a portion of this Note at a price equal to one hundred twenty percent (120100%) 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 2 contracts
Samples: Convertible Note (Total Luxury Group Inc), Convertible Note (Total Luxury Group 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)-(k) hereof, the Holder shall have the right, at such Holder's option, to require the Maker to prepay in cash all or a portion of this Note at a price equal to one hundred twenty ten percent (120110%) 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 2 contracts
Samples: Senior Secured Convertible Promissory Note (Quest Oil Corp), Note and Warrant Purchase Agreement (Financialcontent 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)-(k) hereof, the Holder shall have the right, at such Holder's option, to require the Maker to prepay in cash all or a portion of this Note at a price equal to one hundred twenty ten percent (120110%) of the aggregate principal amount of this Note 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 2 contracts
Samples: Convertible Promissory Note (Quest Oil Corp), Convertible Promissory Note (Manaris 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)-(k2.1(a)-(o) hereof, the Holder shall have the right, at such the Holder's ’s option, to require the Maker to prepay in cash all or a portion of this Note at a price equal to one hundred twenty percent (120%) of the aggregate principal amount of this Note applicable at the time of such requestPrepayment Price. Nothing in this Section 3.7(a) section shall limit the Holder's ’s rights under Section 2.2 hereof.
Appears in 1 contract
Samples: Convertible Note (ChromaDex 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)-(k) Section 2.1 hereof, the Holder shall have the right, at such Holder's option, to require the Maker to prepay in cash all or a portion of this Note at a price equal to one hundred twenty ten percent (120110%) 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 1 contract
Samples: Senior Secured Convertible Promissory Note (SEAMLESS 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)-(k) hereofDefault, the Holder shall have the right, at such Holder's ’s option, to require the Maker to prepay in cash all or a portion of this Note at a price equal to one hundred twenty and thirty percent (120130%) of the aggregate principal amount of this Note plus all accrued and unpaid interest (if any) applicable at the time of such request. Nothing in this Section 3.7(a3.6(a) shall limit the Holder's ’s rights under Section 2.2 hereof.
Appears in 1 contract
Samples: Zero Coupon Senior Secured Note (Valcent Products 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)-(k) Section 2.1 hereof, the Holder shall have the right, at such Holder's option, to require the Maker to prepay in cash all or a portion of this Note at a price equal to one hundred twenty percent (120%) 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 1 contract
Samples: Senior Secured Convertible Promissory Note (Glowpoint 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)-(k) hereof, the Holder shall have the right, at such Holder's ’s option, to require the Maker to prepay in cash all or a portion of this Note at a price equal to one hundred twenty ten percent (120110%) 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 ’s rights under Section 2.2 hereof.
Appears in 1 contract
Samples: Senior Secured Convertible Promissory Note (Interlink Global Corp)