Surrender of Debentures. Upon any redemption of this Debenture pursuant to Sections 3.2, 3.5 or 6.2, or upon maturity pursuant to Section 2.4, the Holder shall either deliver this Debenture by hand to the Company at its principal executive offices or surrender the same to the Company at such address by nationally recognized overnight courier. Payment of the redemption price or the amount due on maturity specified in Section 2.4, shall be made by the Company to the Holder against receipt of this Debenture (as provided in this Section 3.5) by wire transfer of immediately available funds to such account(s) as the Holder shall specify by written notice to the Company. If payment of such redemption price is not made in full by the redemption date, or the amount due on maturity is not paid in full by the Maturity Date, the Holder shall again have the right to convert this Debenture as provided in Article 3 hereof or to declare an Event of Default.
Surrender of Debentures. Upon any redemption of this Debenture or upon maturity, the Holder shall either deliver this Debenture by hand to the Company at its principal executive offices or surrender the same to the Company at such address by nationally recognized overnight courier. Payment of the redemption price or the amount due on maturity shall be made by the Company to the Holder against receipt of this Debenture (unless converted and paid in common stock) by wire transfer of immediately available funds to such account(s) as the Holder shall specify by written notice to the Company (if the Company has not elected to pay this debenture with shares of its Common Stock.
Surrender of Debentures. Notwithstanding anything to the contrary set forth herein, upon conversion of the Debentures in accordance with the terms hereof, a Holder shall not be required to physically surrender the Debenture to the Company unless the entire number of shares represented by such Debenture are so converted. The Holder and the Company shall maintain records showing the number of shares so converted and the dates of such conversions or shall use such other method, reasonably satisfactory to the Holder and the Company, so as not to require physical surrender of such Debenture upon each such conversion. Notwithstanding the foregoing, if any portion of the Debenture is converted as aforesaid, the Holder may not transfer such Debenture unless the Holder first surrenders such Debenture to the Company, whereupon the Company will forthwith issue and deliver upon the order of the Holder a new Debenture, registered as the Holder may request, representing in the aggregate the remaining principal amount owed by the Company to the Holder thereunder. The Holder and any assignee, by acceptance of a certificate representing shares of Common Stock pursuant to a conversion, acknowledge and agree that, unless a substitute Debenture is provided by the Company and accepted by the Holder, by reason of the provisions of this paragraph, following such conversion, the principal amount of such Debenture may be less than the number stated thereon.
Surrender of Debentures. (a) The Company may, as a condition of payment of all or any of the principal of, and interest on, this Debenture, in whole or in part, require the holder to present this Debenture for notation of such payment and, if this Debenture be paid in full, require the surrender hereof.
(b) Anything herein to the contrary notwithstanding, the entire principal plus accrued interest amount of this Debenture, or any part hereof, may be surrendered to the Company by the Holder for redemption and cancellation as payment of the exercise price of any warrant to acquire common stock of the Company. If less than the entire principal amount of this Debenture is so surrendered and redeemed, a new Debenture in the remaining outstanding principal amount shall be redelivered to the Holder.
Surrender of Debentures. (a) If the giving of notice of redemption shall have been completed as above provided, the Debentures or portions of Debentures to be redeemed specified in such notice shall become due and payable on the date and at the place stated in such notice at the applicable redemption price, together with interest (including Compounded Interest) accrued to the date fixed for redemption and interest on such Debentures or portions of Debentures shall cease to accrue on and after the date fixed for redemption, unless the Company shall default in the payment of such redemption price and accrued interest with respect to any such Debenture or portion thereof. On presentation and surrender of such Debentures on or after the date fixed for redemption at the place of payment specified in the notice, said Debentures shall be paid and redeemed at the applicable redemption price, together with interest (including Compounded Interest) accrued thereon to the date fixed for redemption (but if the date fixed for redemption is an Interest Payment Date, the interest installment payable on such date shall be payable to the registered holder at the close of business on the applicable record date pursuant to Section 2.03).
(b) Upon presentation of any Debenture which is to be redeemed in part only, the Company shall execute and the Trustee shall authenticate and the office or agency where the Debenture is presented shall deliver to the holder thereof, at the expense of the Company, a new Debenture or Debentures, of authorized denominations in principal amount equal to the unredeemed portion of the Debenture so presented.
Surrender of Debentures. The Company may, as a condition of payment of all or any of the principal of, and interest on, this Debenture, in whole or in part, require the holder to present this Debenture for notation of such payment and, if this Debenture be paid in full, require the surrender hereof.
Surrender of Debentures. Upon any redemption of this Debenture or upon maturity, the Holder shall either deliver this Debenture by hand to the Company at its principal executive offices or surrender the same to the Company at such address by nationally recognized overnight courier. Payment of the redemption price or the amount due on maturity shall be made by the Company to the Holder against receipt of this Debenture (unless converted and paid in common stock) by wire transfer of immediately available funds to such account(s) as the Holder shall specify by written notice to the Company.
Surrender of Debentures. On the Maturity Date, the Holder shall surrender its Debenture to the Trustee at the offices of the Trustee as shown in the Debenture, or at such other offices of the Trustee or its paying agent as the Trustee may notify the Holder in writing, against delivery by the Trustee or its paying agent of all principal and interest owing on the respective Debenture. If any Holder fails to surrender its Debenture within 30 days of the Maturity Date, the amount necessary to pay and discharge the principal and interest owing on such Debentures may be set aside by the Trustee in trust for such Holder, to be held without interest in a separate account maintained at a Canadian chartered bank, and such setting aside shall for all purposes be deemed a payment to the Holder of the sum so set aside, and to that extent said Debenture shall thereafter not be considered as outstanding hereunder to the extent of such payment and the Holder shall have no right except to receive payment out of the moneys so paid and deposited upon surrender and delivery up of his Debenture of the principal and interest owing on such Debentures.
Surrender of Debentures. Upon any redemption of this Debenture or upon maturity, the Holder shall either deliver this Debenture by hand to the Company at its principal executive offices or surrender the same to the Company at such address by nationally recognized overnight courier. Payment of the redemption price or the amount due on maturity shall be made by the Company to the Holder against receipt of this Debenture (unless converted and paid in common stock) by wire transfer of immediately available funds to such account(s) as the Holder shall specify by written notice to the Company (if the Company has not elected to pay this debenture with shares of its Common Stock. ___________________ Initials 5 ____________________ Initials
Surrender of Debentures. Upon any redemption of this Debenture pursuant to Sections 3.2, 3.5, 3.6 or 6.2, the Holder shall either deliver this Debenture by hand to the Company at its principal executive offices or surrender the same to the Company at such address by nationally recognized overnight courier. Payment of the redemption price shall be made by the Company to the Holder against receipt of this Debenture (as provided in this Section 3.8) by wire transfer of immediately available funds to such account(s) as the Holder shall specify by written notice to the Company. If payment of such redemption price is not made in full by the redemption date, the Holder shall again have the right to convert this Debenture as provided in Article 3 hereof or to declare an Event of Default.
