REPAYMENT ELECTION NOTICE Sample Clauses

REPAYMENT ELECTION NOTICE. (To be executed by the Borrower in order to pay all or part of a Monthly Amount with Common Stock) [Name and Address of Holder] NUMEREX CORP. hereby elects to pay $ of the Monthly Amount due on [specify applicable Repayment Date] under the Secured Convertible Term Note issued by it dated December 29, 2006 by delivery of Shares of its Common Stock on and subject to the conditions set forth in Article II of such Note.
Sample 1
AutoNDA by SimpleDocs
REPAYMENT ELECTION NOTICE. (To be executed by the Borrower in order to pay all or part of a Monthly Amount with Common Stock) [Name and Address of Holder] AXESSTEL, INC. hereby elects to pay $ of the Monthly Amount due on [specify applicable Repayment Date] under the Convertible Term Note issued by AXESSTEL, INC. dated August , 2004 by delivery of Shares of Common Stock of AXESSTEL, INC. on and subject to the conditions set forth in Article II of such Note.
Sample 1
REPAYMENT ELECTION NOTICE. (To be executed by the Borrower in order to pay all or part of a Monthly Amount with Common Stock) [Name and Address of Holder] ELECTRIC CITY CORP. hereby elects to pay $ of the Monthly Amount due on [specify applicable Repayment Date] under the Convertible Term Note issued by ELCTRIC CITY CORP. dated September 11, 2003 by delivery of Shares of Common Stock of ELECTRIC CITY CORP. on and subject to the conditions set forth in Article II of such Note.
Sample 1
REPAYMENT ELECTION NOTICE. (To be executed by the Borrower in order to pay all or part of a Monthly Amount with Common Stock) [Name and Address of Holder] VENTURES-NATIONAL INCORPORATED D/B/A TITAN GENERAL HOLDINGS, INC. hereby elects to pay $_________ of the Monthly Amount due on [specify applicable Repayment Date] under the Convertible Term Note issued by VENTURES-NATIONAL INCORPORATED D/B/A TITAN GENERAL HOLDINGS, INC. dated _______, 200__ by delivery of shares of Common Stock of VENTURES-NATIONAL INCORPORATED D/B/A TITAN GENERAL HOLDINGS, INC. on and subject to the conditions set forth in Article II of such Note.
Sample 1
REPAYMENT ELECTION NOTICE. (To be executed by the Borrower in order to pay all or part of a Monthly Amount with Common Stock) [Name and Address of Holder] EQUIFIN, INC. hereby elects to pay $ of the Monthly Amount due on [specify applicable Repayment Date] under the Convertible Term Note issued by EQUIFIN, INC. dated December , 2003 by delivery of Shares of Common Stock of EQUIFIN, INC. on and subject to the conditions set forth in Article II of such Note.
Sample 1
REPAYMENT ELECTION NOTICE. (To be executed by the Borrower in order to pay all or part of a Monthly Amount with Common Stock) [Name and Address of Holder] INNOVATIVE COMPANIES, INC. hereby elects to pay $ of the Monthly Amount due on [specify applicable Repayment Date] under the Convertible Term Note issued by INNOVATIVE COMPANIES, INC. dated January , 2004 by delivery of Shares of Common Stock of INNOVATIVE COMPANIES, INC. on and subject to the conditions set forth in Article II of such Note.
Sample 1

Related to REPAYMENT ELECTION NOTICE

  • Borrowing/Election Notice The Borrower shall give the Administrative Agent an irrevocable Borrowing/Election Notice of each conversion of a Floating Rate Loan into a Eurodollar Rate Loan or continuation of a Eurodollar Rate Loan not later than 11:00 a.m. (Chicago time) three (3) Business Days prior to the date of the requested conversion or continuation, specifying: (i) the requested date (which shall be a Business Day) of such conversion or continuation; (ii) the amount and Type of the Loan to be converted or continued; and (iii) the amount of Eurodollar Rate Loan(s) into which such Loan is to be converted or continued, and the duration of the Interest Period applicable thereto.

  • INSTRUCTIONS FOR COMPLETING REPAYMENT ELECTION FORM AND EXERCISING REPAYMENT OPTION Capitalized terms used and not defined herein have the meanings defined in the accompanying Repayment Election Form.

  • Selection Notice A Selection Notice to be effective must be:

  • Termination Notice Except in the event of Executive's death, a termination under this Agreement shall be effected by means of a Termination Notice.

  • Prepayment Notice The Borrower shall give written notice to the Administrative Agent of each voluntary prepayment pursuant to Section 9.2. Such notice (a “Prepayment Notice”) shall be irrevocable, shall be given in accordance with Section 3.10 and shall specify:

  • Election Form The Consideration shall be payable in accordance with the election made by Contributor in the Consideration Election Form (“Election Form”) accompanying the PPM, the results of which election are set forth on Exhibit A hereto. If, pursuant to the Election Form, Contributor (A) elected all or part of Contributor’s consideration payable hereunder to be in the form of units of limited partnership interests of the Operating Partnership (“OP Units”) and (B) submitted to the Operating Partnership (x) an executed Investor Questionnaire representing and warranting to the Operating Partnership that Contributor is an “accredited investor” as defined in the Investor Questionnaire and (y) any other documentation required by the Operating Partnership, including, but not limited to, a signature page to the Partnership Agreement (as hereinafter defined), Contributor shall receive OP Units in an amount determined in the manner described on Exhibit A hereto. The portion of the Consideration, if any, payable in cash is set forth on Exhibit A. Contributor agrees that the cash payment shall be made and the OP Units shall be registered in the name of the persons or entities set forth on the Election Form. OP Units will only be delivered to Contributor if Contributor has represented to the Operating Partnership that Contributor is an “accredited investor”. No fractional OP Units will be issued and OP Units will be rounded to the nearest whole number. The Consideration payable to Contributor, whether in cash, in OP Units or a combination thereof, may be reduced by the amount the Operating Partnership reasonably determines must be withheld for tax purposes. The rights and obligations of holders of OP Units as of the Closing will be as set forth in the First Amended and Restated Agreement of Limited Partnership of the Operating Partnership (the “Partnership Agreement”), a draft copy of which is included as an exhibit to the PPM.

  • BENEFIT PAYMENT ELECTIONS Not earlier than 90 days, but not later than 30 days, before the Participant's annuity starting date, the Advisory Committee must provide a benefit notice to a Participant who is eligible to make an election under this Section 6.03. The benefit notice must explain the optional forms of benefit in the Plan, including the material features and relative values of those options, and the Participant's right to defer distribution until he attains the later of Normal Retirement Age or age 62. If a Participant or Beneficiary makes an election prescribed by this Section 6.03, the Advisory Committee will direct the Trustee to distribute the Participant's Nonforfeitable Accrued Benefit in accordance with that election. Any election under this Section 6.03 is subject to the requirements of Section 6.02 and of Section 6.04. The Participant or Beneficiary must make an election under this Section 6.03 by filing his election with the Advisory Committee at any time before the Trustee otherwise would commence to pay a Participant's Accrued Benefit in accordance with the requirements of Article VI.

  • Early Termination Notice If the Corporate Taxpayer chooses to exercise its right of early termination under Section 4.1 above, the Corporate Taxpayer shall deliver to each TRA Party a notice (“Early Termination Notice”) and a schedule (the “Early Termination Schedule”) specifying the Corporate Taxpayer’s intention to exercise such right and showing in reasonable detail the calculation of the Early Termination Payment(s) due for each TRA Party. Each Early Termination Schedule shall become final and binding on all parties thirty (30) calendar days from the first date on which all TRA Parties are treated as having received such Schedule or amendment thereto under Section 7.1 unless, prior to such thirtieth calendar day, the TRA Party Representative (a) provides the Corporate Taxpayer with notice of a material objection to such Schedule made in good faith (“Material Objection Notice”) or (b) provides a written waiver of such right of a Material Objection Notice, in which case such Schedule will become binding on the date the waiver is received by the Corporate Taxpayer (the “Early Termination Effective Date”). If the Corporate Taxpayer and the TRA Party Representative, for any reason, are unable to successfully resolve the issues raised in such notice within thirty (30) calendar days after receipt by the Corporate Taxpayer of the Material Objection Notice, the Corporate Taxpayer and the TRA Party Representative shall employ the Reconciliation Procedures in which case such Schedule shall become binding ten (10) calendar days after the conclusion of the Reconciliation Procedures.

  • Net Exercise Election The undersigned Holder elects to convert the Warrant into shares of Warrant Stock by net exercise election pursuant to Section 2.5 of the Warrant. This conversion is exercised with respect to __________ shares of Common Stock of Aura Systems, Inc. (the "Warrant Stock") covered by the Warrant.

  • Interest Election Notice To make an election pursuant to this Section, Borrower shall deliver, by hand delivery or telecopier, a duly completed and executed Interest Election Request to the Administrative Agent not later than the time that a Borrowing Request would be required under Section 2.03 if Borrower were requesting a Revolving Borrowing or Term Borrowing of the Type resulting from such election to be made on the effective date of such election. Each Interest Election Request shall be irrevocable. Each Interest Election Request shall specify the following information in compliance with Section 2.02:

Time is Money Join Law Insider Premium to draft better contracts faster.