Exit Fee. Upon any prepayment by the Company in cash of all or any of the principal amount of this Debenture (whether on or prior to the Maturity Date), the Company shall pay to the Holder concurrently with such prepayment an exit fee in an amount equal to 15% of the principal amount of this Debenture being prepaid (an “Exit Fee”).
Appears in 7 contracts
Sources: Convertible Security Agreement (Blackboxstocks Inc.), Convertible Security Agreement (NanoVibronix, Inc.), Convertible Security Agreement (Blackboxstocks Inc.)