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: Convertible Note Agreement (Juma Technology Corp.), Convertible Note Agreement (Juma Technology Corp.), Convertible Note Agreement (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: Convertible Promissory Note (Juma Technology Corp.), Senior Secured Note (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: Convertible Note (Total Luxury Group Inc), Convertible Note (Total Luxury Group Inc)