Pro-Rata Redemption. The Company agrees that if it shall redeem any of the Convertible Debentures, that it shall make such redemption pro-rata among all Lenders in proportion their respective initial purchases of such securities pursuant to this Agreement.
Appears in 7 contracts
Samples: Loan Agreement (Pawnbroker Com Inc), Loan Agreement (Aquis Communications Group Inc), Loan Agreement (American Champion Entertainment Inc)
Pro-Rata Redemption. The Company agrees that if it shall redeem any of the Convertible DebenturesExchangeable Preferred Stock, that it shall make such redemption pro-rata among all Lenders Investors in proportion their respective initial purchases of such securities pursuant to this Agreement.
Appears in 1 contract
Samples: Exchangeable Preferred Stock and Warrants Purchase Agreement (Dental Medical Diagnostic Systems Inc)
Pro-Rata Redemption. The Company agrees that if it shall redeem any of the Convertible Debentures, that it shall make offer such redemption pro-rata among all Lenders Investors in proportion to their respective initial purchases of such securities pursuant to this Agreement.
Appears in 1 contract
Samples: Convertible Debentures and Warrants Purchase Agreement (Calypte Biomedical Corp)
