Common use of Scheduled Payment Clause in Contracts

Scheduled Payment. The Company shall pay the Accreted Principal Amount or, if less, the outstanding principal amount of this Note to the holder of this Note on March 31, 2011, together with all accrued and unpaid interest on the principal amount being repaid. At the election of the Purchaser in its sole discretion and upon written notice to the Company no later than August 15, 2010, such maturity date shall be extended until August 31, 2013 (either such date, the "Maturity Date").

Appears in 3 contracts

Samples: Convertible Promissory Note (Quantum Fuel Systems Technologies Worldwide Inc), Convertible Promissory Note (Quantum Fuel Systems Technologies Worldwide Inc), Note Purchase Agreement (Quantum Fuel Systems Technologies Worldwide Inc)

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Scheduled Payment. The Company shall pay the Accreted Principal Amount or, if less, the outstanding principal amount of this Note to the holder of this Note on March 31July 1, 20112009, together with all accrued and unpaid interest on the principal amount being repaid. repaid At the election of the Purchaser Purchasers in its their sole discretion and upon written notice to the Company no later than August May 15, 20102009, such maturity date shall be extended until August 31July 1, 2013 (either such date, the "Maturity Date")2012.

Appears in 2 contracts

Samples: Convertible Senior Subordinated Note Purchase Agreement (Quantum Fuel Systems Technologies Worldwide Inc), Convertible Senior Subordinated Note Purchase Agreement (Quantum Fuel Systems Technologies Worldwide Inc)

Scheduled Payment. The Company shall pay the Accreted Principal Amount or, if less, the outstanding principal amount of this Note to the holder of this Note on March August 31, 20112010, together with all accrued and unpaid interest on the principal amount being repaid. repaid At the election of the Purchaser in its sole discretion and upon written notice to the Company no later than August 15, 2010, such maturity date shall be extended until August 31, 2013 (either such date, the "Maturity Date").

Appears in 2 contracts

Samples: Convertible Promissory Note (Quantum Fuel Systems Technologies Worldwide Inc), Note Purchase Agreement (Quantum Fuel Systems Technologies Worldwide Inc)

Scheduled Payment. The Company shall pay the Accreted Principal Amount or, if less, the outstanding principal amount of this Note to the holder of this Note on March 31August 1, 20112009, together with all accrued and unpaid interest on the principal amount being repaid, notwithstanding anything to the contrary herein including but not limited to the provisions of Section 6.1(c) herein. At the election of the Purchaser in its sole discretion and upon written notice to the Company no later than August May 15, 20102009, such maturity date shall be extended until August 31July 1, 2013 2012 (either such date, the "Maturity Date").

Appears in 1 contract

Samples: Note Purchase Agreement (Quantum Fuel Systems Technologies Worldwide Inc)

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Scheduled Payment. The Company shall pay the Accreted Principal Amount or, if less, the outstanding principal amount of this Note to the holder of this Note on March July 31, 2011, together with all accrued and unpaid interest on the principal amount being repaid, notwithstanding anything to the contrary herein including but not limited to the provisions of Section 6.1(c) herein. At the election of the Purchaser in its sole discretion and upon written notice to the Company no later than August 15June 30, 20102011, such maturity date shall be extended until August 31, 2013 (either such date, the "Maturity Date").

Appears in 1 contract

Samples: Convertible Promissory Note Agreement (Quantum Fuel Systems Technologies Worldwide, Inc.)

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