Pro-rata Conversion and Prepayment. In the event the Company receives an Optional Conversion Notice from the Holder and the Other Holders on the same day and the Company can convert and prepay some, but not all, of this Note pursuant to this Section 3.8, the Company shall convert and prepay from the Holder and each Other Holder electing to have its Other Notes converted and prepaid at such time an amount equal to the Holder or such Other Holder’s pro-rata amount of all the Notes and the Other Notes being converted and prepaid at such time.
Appears in 6 contracts
Samples: Juma Technology Corp., Juma Technology Corp., Juma Technology Corp.
Pro-rata Conversion and Prepayment. In the event the Company receives an Optional a Conversion Notice from the Holder and the Other Holders on the same day and the Company can convert and prepay some, but not all, of this Note pursuant to this Section 3.8, the Company shall convert and prepay from the Holder and each Other Holder electing to have its Other Notes converted and prepaid at such time an amount equal to the Holder or such Other Holder’s 's pro-rata amount of all the Notes and the Other Notes being converted and prepaid at such time.
Appears in 2 contracts
Samples: Security Agreement (Juma Technology Corp.), Stock Purchase Agreement (Total Luxury Group Inc)
Pro-rata Conversion and Prepayment. In the event the Company receives an Optional a Conversion Notice from the Holder and the Other Holders on the same day and the Company can convert and prepay some, but not all, of this Note pursuant to this Section 3.8, the Company shall convert and prepay from the Holder and each Other Holder electing to have its Other Notes converted and prepaid at such time an amount equal to the Holder or such Other Holder’s pro-'s pro rata amount of all the Notes and the Other Notes being converted and prepaid at such time.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Total Luxury Group Inc), Total Luxury Group Inc
