Make Whole. In the event that an Event of Default (as defined in the Note) occurs, and such amount received by the Purchaser is less than the True Up Amount, the Company shall immediately make payment to the Purchaser that satisfies such deficit, upon receipt of notice thereof from the Purchaser. “True Up Amount” means the Principal Amount, plus prepayment fees required by the Note, plus any default charges or interests charges owed by the Company under the Note.
Appears in 2 contracts
Sources: Securities Purchase Agreement (Novo Integrated Sciences, Inc.), Securities Purchase Agreement (Novo Integrated Sciences, Inc.)