Common use of Termination of Payments Clause in Contracts

Termination of Payments. Notwithstanding section 2.2, no payments shall be due to Purchaser xXxx Purchaser has received an aggregate amount under this Note, including payments made by the Company pursuant to section 2.3, equal to (i) the Principal Amount (as defined in the Investor Information Sheet above), multiplied by (ii) the Maximum Payment Multiple. We refer to the result of this multiplication as the “Maximum Payment Amount.”

Appears in 254 contracts

Samples: Investment Agreement, Investment Agreement, Investment Agreement

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Termination of Payments. Notwithstanding section 2.2, no payments shall be due to Purchaser xXxx afler Purchaser has received an aggregate amount under this Note, including payments made by the Company pursuant to section 2.3, equal to (i) the Principal Amount (as defined in the Investor Information Sheet above), multiplied by (ii) the Maximum Payment Multiple. We refer to the result of this multiplication as the “Maximum Payment Amount.”

Appears in 174 contracts

Samples: Investment Agreement, Investment Agreement, Investment Agreement

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