Redemption by the Company. 2.1 This Note may be redeemed in whole or in part at any time by the Company and all accrued but unpaid interest. Any redemption by the Company shall be made rateably to all holders of Notes. Promptly upon making any such determination, the Company shall give notice thereof to the Holder. All payments hereunder shall be credited, first, to accrued and unpaid interest and second, to the outstanding principal and shall be without set-off or counterclaim and without deduction or withholding for any taxes. All payments hereunder shall be made to the Holder at the address as may be designated by the Holder from time to time.
Appears in 2 contracts
Samples: Exchange Agreement Series a/B Loan (Voice Mobility International Inc), Exchange Agreement (Voice Mobility International Inc)
Redemption by the Company. 2.1 This Note promissory note (the "Note") may be redeemed in whole or in part at any time by the Company and including payment of all accrued but unpaid interest. Any redemption by the Company shall be made rateably to all holders of Notes. Promptly upon making any such determination, the Company shall give notice thereof to the Holder. All payments hereunder shall be credited, first, to accrued and unpaid interest interest, and second, to the outstanding principal and shall be without set-off or counterclaim and without deduction or withholding for any taxes. All payments hereunder shall be made to the Holder at the address as may be designated by the Holder from time to time.
Appears in 2 contracts
Samples: Loan Subscription Agreement (Voice Mobility International Inc), Loan Subscription Agreement (Voice Mobility International Inc)
Redemption by the Company. 2.1 This Note may be redeemed in whole or in part at any time by the Company and all accrued but unpaid interest. Any redemption by the Company shall be made rateably to all holders of Notes. Promptly upon making any such determination, the Company shall give notice thereof to the Holder. All payments hereunder shall be credited, first, to accrued and unpaid interest interest, and second, to the outstanding principal and shall be without set-off or counterclaim and without deduction or withholding for any taxes. All payments hereunder shall be made to the Holder at the address as may be designated by the Holder from time to time.
Appears in 1 contract
Samples: Loan Subscription Agreement (Voice Mobility International Inc)
Redemption by the Company. 2.1 This Note promissory note (the "Note") may be redeemed in whole or in part at any time by the Company and including payment of all accrued but unpaid interest. Any redemption by the Company shall be made rateably to all holders of Notes. Promptly upon making any such determination, the Company shall give notice thereof to the Holder. All payments hereunder shall be credited, first, to accrued and unpaid interest interest, and second, to the outstanding principal and shall be without set-off or counterclaim and without deduction or withholding for any taxes. All payments hereunder shall be made to the Holder at the address as may be designated by the Holder from time to time.
Appears in 1 contract
Samples: Loan Subscription Agreement (Voice Mobility International Inc)