Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 104 contracts
Sources: Security Agreement (Mitesco, Inc.), Security Agreement (Mitesco, Inc.), Convertible Security Agreement (White River Energy Corp.)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 36 contracts
Sources: Convertible Security Agreement (FireFly Automatix, Inc.), Convertible Security Agreement (FireFly Automatix, Inc.), Convertible Security Agreement (G Medical Innovations Holdings Ltd.)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 (12) thirty (30) calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 33 contracts
Sources: Convertible Security Agreement (Giga Tronics Inc), Convertible Security Agreement (Giga Tronics Inc), Share Exchange Agreement (Giga Tronics Inc)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 30-calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 32 contracts
Sources: Convertible Note (BTCS Inc.), Convertible Note (BTCS Inc.), Senior Secured Convertible Promissory Note (Fathom Holdings Inc.)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debenture (the “Note Debenture Register”).
Appears in 29 contracts
Sources: Security Agreement (Madison Technologies Inc.), Securities Purchase Agreement (Amergent Hospitality Group, Inc), Exchange Agreement (Notis Global, Inc.)
Interest Calculations. Interest on the outstanding principal amount shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 12 contracts
Sources: Security Agreement (Intellinetics, Inc.), Security Agreement (Intellinetics, Inc.), Security Agreement (Bridgeline Digital, Inc.)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages interest and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 11 contracts
Sources: Security Agreement (Drinks Americas Holdings, LTD), Security Agreement (Drinks Americas Holdings, LTD), Security Agreement (Drinks Americas Holdings, LTD)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “"Note Register”").
Appears in 10 contracts
Sources: Convertible Security Agreement (Greenhouse Solutions, Inc.), Convertible Security Agreement (Avant Diagnostics, Inc), Convertible Security Agreement (Premier Biomedical Inc)
Interest Calculations. Interest on the outstanding principal amount shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment or conversion in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 8 contracts
Sources: Convertible Security Agreement (NewBridge Global Ventures, Inc.), Convertible Security Agreement (Intellinetics, Inc.), Convertible Security Agreement (Intellinetics, Inc.)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar (12) thirty (30)-calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 7 contracts
Sources: Security Agreement (GlyEco, Inc.), Security Agreement (GlyEco, Inc.), Security Agreement (GlyEco, Inc.)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, year and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principalprincipal sum, together with all accrued and unpaid interest, liquidated damages interest and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debentures (the “Note "Debenture Register”").
Appears in 6 contracts
Sources: Securities Purchase Agreement (Medialink Worldwide Inc), Securities Agreement (Maverick Oil & Gas, Inc.), Security Agreement (Rapid Link Inc)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest shall cease to accrue with respect to any principal amount converted. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 6 contracts
Sources: 10% Secured Convertible Note (Medefile International, Inc.), Unsecured Subordinated Note (Las Vegas Railway Express, Inc.), Convertible Security Agreement (Green PolkaDot Box Inc)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 6 contracts
Sources: Share Exchange Agreement (DPW Holdings, Inc.), Convertible Security Agreement (Aeon Global Health Corp.), Convertible Security Agreement (Authentidate Holding Corp)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, year and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principalprincipal sum, together with all accrued and unpaid interest, liquidated damages interest and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debentures (the “Note Debenture Register”).
Appears in 6 contracts
Sources: Security Agreement (Zone Mining LTD), Security Agreement (Uni-Pixel), Security Agreement (Uni-Pixel)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until the date of payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 5 contracts
Sources: Convertible Security Agreement (Smart for Life, Inc.), Convertible Security Agreement (Smart for Life, Inc.), Convertible Security Agreement (Smart for Life, Inc.)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue and compound daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 5 contracts
Sources: Convertible Security Agreement (THC Therapeutics, Inc.), Security Agreement (YayYo, Inc.), Convertible Security Agreement (Amarantus Bioscience Holdings, Inc.)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, year and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principalprincipal sum, together with all accrued and unpaid interest, liquidated damages interest and other amounts which may become due hereunder, has been made. Interest shall be compounded monthly. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note Notes (the “Note Register”).
Appears in 4 contracts
Sources: Convertible Security Agreement (U.S. Aerospace, Inc.), Convertible Security Agreement (U.S. Aerospace, Inc.), Convertible Security Agreement (U.S. Aerospace, Inc.)
Interest Calculations. Interest shall be calculated on the basis of a 360365-day year, consisting of twelve 30 calendar day periods, year and actual days elapsed and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debenture (the “Note Debenture Register”).
Appears in 4 contracts
Sources: Convertible Security Agreement (Visualant Inc), Convertible Security Agreement (Visualant Inc), Convertible Security Agreement (Visualant Inc)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages interest and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debenture (the “Note Debenture Register”).
Appears in 4 contracts
Sources: Convertible Security Agreement (CrowdGather, Inc.), Convertible Security Agreement (CrowdGather, Inc.), Convertible Security Agreement (CrowdGather, Inc.)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 (12) thirty (30) calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company Companies regarding registration and transfers of this Note (the “Note Register”).
Appears in 4 contracts
Sources: Convertible Security Agreement (Notis Global, Inc.), Convertible Security Agreement (Notis Global, Inc.), Convertible Security Agreement (Notis Global, Inc.)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting year and the actual number of twelve 30 calendar day periodsdays elapsed, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debenture (the “Note Debenture Register”).
Appears in 4 contracts
Sources: Convertible Security Agreement (NanoVibronix, Inc.), Convertible Security Agreement (NanoVibronix, Inc.), Securities Purchase Agreement (Blackboxstocks Inc.)
Interest Calculations. Interest shall be calculated on the basis of a 360365/366-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages interest and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 4 contracts
Sources: Senior Convertible Promissory Note (Ayala Pharmaceuticals, Inc.), Convertible Note Agreement (Ayala Pharmaceuticals, Inc.), Senior Convertible Promissory Note (Ayala Pharmaceuticals, Inc.)
Interest Calculations. Interest shall be calculated on the basis of a 360365-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debenture (the “Note Debenture Register”).
Appears in 3 contracts
Sources: Debenture Agreement (Pet Airways Inc.), Debenture Agreement (American Antiquities, Inc.), Security Agreement (China North East Petroleum Holdings LTD)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, year and actual days elapsed and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 3 contracts
Sources: Convertible Security Agreement (ARJ Consulting, LLC), Convertible Security Agreement (Verus International, Inc.), Convertible Security Agreement (Verus International, Inc.)
Interest Calculations. Interest shall be calculated on the basis of a 360-day three hundred sixty (360)-day year, consisting of twelve 30 (12) thirty (30) calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principalPrincipal Amount, together with all accrued and unpaid interest, liquidated damages interest and other amounts which may become due hereunder, has been mademade or until such Principal Amount and interest have been duly converted. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”)Note.
Appears in 3 contracts
Sources: Subordinated Convertible Note (Know Labs, Inc.), Subordinated Convertible Note, Subordinated Convertible Note (Know Labs, Inc.)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date January 1, 2013 until payment in full of the outstanding principal, principal together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, interest has been made. Interest shall cease to accrue with respect to any principal amount converted. Interest hereunder will be paid to the Person person or entity in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”)Company.
Appears in 3 contracts
Sources: Second Note Amendment Agreement (Magnolia Solar Corp), Second Note Amendment Agreement (Magnolia Solar Corp), Second Note Amendment Agreement (Magnolia Solar Corp)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debenture (the “Note Debenture Register”).
Appears in 3 contracts
Sources: Securities Amendment Agreement (Emmaus Life Sciences, Inc.), 12% Senior Secured Debenture (Guided Therapeutics Inc), Security Agreement (Emmaus Life Sciences, Inc.)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 (12) thirty (30) calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 3 contracts
Sources: Convertible Security Agreement (Giga Tronics Inc), Convertible Security Agreement (Ault Alliance, Inc.), Convertible Security Agreement (Giga Tronics Inc)
Interest Calculations. Interest shall be calculated on the basis of a 360365-day year, consisting of twelve 30 calendar day periods, year and actual days elapsed and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debenture (the “Note "Debenture Register”").
Appears in 2 contracts
Sources: Debt Purchase Agreement (Titan Iron Ore Corp.), Debt Purchase Agreement (Titan Iron Ore Corp.)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principalPrincipal Amount, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debenture (the “Note Debenture Register”).
Appears in 2 contracts
Sources: Securities Purchase Agreement (NewCardio, Inc.), Securities Purchase Agreement (NewCardio, Inc.)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periodsyear and actual days elapsed, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person person or entity in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”)Note.
Appears in 2 contracts
Sources: 12% Senior Secured Note (Green Ballast, Inc.), 12% Senior Secured Note (Green Ballast, Inc.)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date January 1, 2012 until payment in full of the outstanding principal, principal together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, interest has been made. Interest shall cease to accrue with respect to any principal amount converted. Interest hereunder will be paid to the Person person or entity in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”)Company.
Appears in 2 contracts
Sources: Second Note Amendment Agreement (Magnolia Solar Corp), Note Amendment Agreement (Magnolia Solar Corp)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 (12) thirty (30) calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, the Make-Whole Amount, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 2 contracts
Sources: Convertible Security Agreement (Avalanche International, Corp.), Convertible Security Agreement (Avalanche International, Corp.)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the first year anniversary of the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debenture (the “Note Debenture Register”).
Appears in 2 contracts
Sources: Convertible Security Agreement (Dih Holding Us, Inc.), Convertible Security Agreement (Dih Holding Us, Inc.)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, year and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principalprincipal sum, together with all accrued and unpaid interest, liquidated damages interest and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debenture (the “Note Debenture Register”).
Appears in 2 contracts
Sources: Convertible Security Agreement (Advanced Cell Technology, Inc.), Convertible Security Agreement (Advanced Cell Technology, Inc.)
Interest Calculations. Interest Unless otherwise provided under this Debenture, interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 2 contracts
Sources: Convertible Security Agreement (Vaccinex, Inc.), Convertible Security Agreement (Vaccinex, Inc.)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principalprincipal amount of this Note, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 2 contracts
Sources: Convertible Security Agreement (Alpha Healthcare Acquisition Corp Iii), Convertible Security Agreement (Alpha Healthcare Acquisition Corp Iii)
Interest Calculations. Interest shall be calculated on the basis of a three-hundred and sixty (360-) day year, consisting of twelve 30 (12) thirty (30) calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment the conversion in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 2 contracts
Sources: Debenture Agreement (UAS Drone Corp.), Debenture Agreement (UAS Drone Corp.)
Interest Calculations. Interest shall be calculated on the basis of a 360-day three hundred sixty (360)-day year, consisting of twelve 30 (12) thirty (30) calendar day periods, and shall accrue daily commencing on the Original Issue Date Date, until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages interest and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 2 contracts
Sources: Convertible Promissory Note (Vape Holdings, Inc.), Convertible Promissory Note (Vape Holdings, Inc.)
Interest Calculations. Interest shall be calculated on the basis of a 360365-day year, consisting of twelve 30 actual calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 2 contracts
Sources: Convertible Security Agreement (Avant Diagnostics, Inc), Convertible Security Agreement (Avant Diagnostics, Inc)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 2 contracts
Sources: Convertible Security Agreement (Cachet Financial Solutions, Inc.), Convertible Security Agreement (Cachet Financial Solutions, Inc.)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debenture (the “Note Debenture Register”).
Appears in 2 contracts
Sources: Convertible Security Agreement (Synthesis Energy Systems Inc), Convertible Security Agreement (Synthesis Energy Systems Inc)
Interest Calculations. Interest shall be calculated on the basis of a 360-day three hundred sixty (360)-day year, consisting of twelve 30 (12) thirty (30) calendar day periods, and shall accrue daily commencing on the Original Issue Date Date, until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages interest and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “"Note Register”").
Appears in 2 contracts
Sources: Convertible Promissory Note (Vape Holdings, Inc.), Secured Series B Preferred Stock Convertible Promissory Note (Vape Holdings, Inc.)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, year and shall accrue daily commencing on the Original Issue Date respective dates set forth in Section 1(a), as applicable, until payment in full of the outstanding principal, together with all any then unpaid and accrued and unpaid interest, liquidated damages interest and other amounts which may become due payable hereunder, has been made. Interest hereunder will shall be paid to the Person in whose name this Note is registered on the records of the Company regarding registration ownership and transfers of this Note (the “Note Register”).
Appears in 2 contracts
Sources: Secured Promissory Note (Nuburu, Inc.), Secured Promissory Note (Seldin David)
Interest Calculations. Interest shall be calculated on the basis of a 360-day three hundred sixty (360)-day year, consisting of twelve 30 (12) thirty (30) calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 1 contract
Sources: 12% Redeemable Security Agreement (Treasure Global Inc)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 30-calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “"Note Register”").
Appears in 1 contract
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar 12 30-day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages interest and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 1 contract
Interest Calculations. Interest shall be calculated on the basis of a 360365-day year, consisting year and the actual number of twelve 30 calendar day periodsdays elapsed, and shall accrue daily monthly commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages interest and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debenture (the “Note Debenture Register”).
Appears in 1 contract
Sources: Convertible Security Agreement (Targeted Medical Pharma, Inc.)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid shall cease to accrue with respect to any principal amount converted into Common Stock from and after the Person in whose name this Note is registered on the records date of the Company regarding registration and transfers of this Note (the “Note Register”)such conversion.
Appears in 1 contract
Sources: Convertible Security Agreement (Intercloud Systems, Inc.)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periodsyear and actual days elapsed, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 1 contract
Interest Calculations. Interest Interest, if applicable, shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date any day that a Registration Default is pending until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 1 contract
Sources: Collateral Agency and Intercreditor Agreement (Property Solutions Acquisition Corp.)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, year and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principalprincipal sum or conversion of this Note in full, together with all accrued and unpaid interest, liquidated damages interest and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note Notes (the “Note Register”).
Appears in 1 contract
Sources: Convertible Security Agreement (Vistula Communications Services, Inc.)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, year and shall accrue daily commencing on the 91st day following the Original Issue Date until payment in full of the outstanding principalprincipal sum, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debenture (the “Note Debenture Register”).
Appears in 1 contract
Sources: Convertible Security Agreement (HyperSpace Communications, Inc.)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date date of the Event of Default until the earlier of payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made, or the cure of the Event of Default. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debenture (the “Note "Debenture Register”").
Appears in 1 contract
Interest Calculations. Interest shall be calculated on the basis of a 360365-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 1 contract
Sources: Convertible Security Agreement (Avant Diagnostics, Inc)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting year and the actual number of twelve 30 calendar day periodsdays elapsed, and shall accrue daily commencing on the Original Issue Date daily, until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debenture (the “Note Debenture Register”).
Appears in 1 contract
Sources: Convertible Security Agreement (Intercloud Systems, Inc.)
Interest Calculations. Interest shall be calculated on the basis of a 360-day three hundred sixty five (365)-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principalPrincipal Amount, together with all accrued and unpaid interest, liquidated damages interest and other amounts which may become due hereunder, has been mademade or until such Principal Amount and interest have been duly converted. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”)Note.
Appears in 1 contract
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting year and the actual number of twelve 30 calendar day periodsdays elapsed, and shall accrue daily commencing on the Original Issue Date May __, 2016, until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debenture (the “Note Debenture Register”).
Appears in 1 contract
Sources: Convertible Security Agreement (Intercloud Systems, Inc.)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principalprincipal sum, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debenture (the “Note "Debenture Register”").
Appears in 1 contract
Sources: Amendment Agreement (Telanetix,Inc)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”)Holder.
Appears in 1 contract
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment or conversion in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”)Note.
Appears in 1 contract
Sources: Convertible Security Agreement (Awaysis Capital, Inc.)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar calendar-day periods, periods and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debenture (the “Note Debenture Register”).
Appears in 1 contract
Sources: Debenture (Teton Energy Corp)
Interest Calculations. Interest shall be calculated on the basis of a 360-day three hundred sixty (360)-day year, consisting of twelve 30 (12) thirty (30) calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages interest and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”)Note.
Appears in 1 contract
Sources: Convertible Security Agreement (Saleen Automotive, Inc.)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date date of issue of this Note until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 1 contract
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interestInterest, liquidated damages and other amounts which may become due hereunder, has been made. Interest shall cease to accrue with respect to any principal amount converted. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 1 contract
Sources: Convertible Secured Promissory Note and Loan Agreement (Green PolkaDot Box Inc)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting year and for the actual number of twelve 30 calendar day periods, and shall accrue daily days elapsed commencing on the Original Issue Date until payment in full of the outstanding principalprincipal sum, together with all accrued and unpaid interest, liquidated damages interest and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debenture (the “Note Debenture Register”).
Appears in 1 contract
Sources: Security Agreement (DSL Net Inc)
Interest Calculations. Interest Unless otherwise provided under this Note, interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 1 contract
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 thirty calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest shall cease to accrue with respect to any principal amount converted. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 1 contract
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily quarterly commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 1 contract
Sources: Convertible Note (Oz Rey LLC)
Interest Calculations. Interest shall be calculated on the basis of a 360-day three hundred sixty (360)-day year, consisting of twelve 30 (12) thirty (30) calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principalprincipal (as such amount may be increased from time to time by the amount of interest paid in kind), together with all accrued and unpaid interest, liquidated damages interest and other amounts (including any make-whole premium) which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on in the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 1 contract
Sources: Senior Secured Convertible Note (Douglas Elliman Inc.)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 1 contract
Sources: Convertible Security Agreement (Windtree Therapeutics Inc /De/)
Interest Calculations. Interest shall be calculated on the basis of a 360365-day year, consisting of twelve 30 calendar day periods, year and actual days elapsed and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 1 contract
Sources: Convertible Security Agreement (Fuel Performance Solutions, Inc.)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 (12) thirty (30) calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 1 contract
Sources: Convertible Security Agreement (Intercloud Systems, Inc.)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid shall cease to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”)accrue with respect to any principal amount converted.
Appears in 1 contract
Sources: Convertible Security Agreement (Intercloud Systems, Inc.)
Interest Calculations. Interest Interest, if any, shall be calculated on the basis of a 360-day year, consisting year and the actual number of twelve 30 calendar day periodsdays elapsed, and shall accrue daily commencing on the Original Issue Interest Accrual Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 1 contract
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar (12) thirty (30) day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 1 contract
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages interest and other amounts which may become due hereunder, has been made. Interest shall cease to accrue with respect to any principal amount converted. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debenture (the “Note Debenture Register”).
Appears in 1 contract
Sources: Convertible Security Agreement (Apollo Endosurgery, Inc.)
Interest Calculations. Interest shall be calculated on the basis of a 360365-day year, consisting of twelve 30 calendar day periodsyear and actual days elapsed, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 1 contract
Sources: Convertible Security Agreement (Green Ballast, Inc.)
Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting year and the actual number of twelve 30 calendar day periodsdays elapsed, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).
Appears in 1 contract
Sources: Securities Purchase Agreement (Mullen Automotive Inc.)