Common use of Repayment Upon Sale Event Clause in Contracts

Repayment Upon Sale Event. Upon the consummation of a Sale Event during the term this Note remains outstanding, the outstanding principal amount of and all accrued but unpaid interest under this Note shall become immediately due and payable along with an additional payment equal to one hundred percent (100%) of the original principal amount advanced hereunder.

Appears in 5 contracts

Samples: www.sec.gov, Ritter Pharmaceuticals Inc, Ritter Pharmaceuticals Inc

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