Partial Call. In the event of a partial call by the Company pursuant to this Article 12, the aggregate principal amount of each call of Convertible Notes pursuant to Section 12.1 hereof, shall be allocated among the Convertible Notes at the time outstanding, in proportion, as nearly as practicable, to the respective unpaid principal amounts of such Convertible Notes.
Appears in 2 contracts
Sources: Convertible Subordinated Note Purchase Agreement (Langer Inc), Convertible Subordinated Note Purchase Agreement (Langer Partners LLC)
Partial Call. In the event of a partial call by the Company pursuant to this Article 12XIII, the aggregate principal amount of each call of Convertible Notes pursuant to Section 12.1 13.1 hereof, shall be allocated among the Convertible Notes at the time outstanding, in proportion, as nearly as practicable, to the respective unpaid principal amounts of such Convertible Notes.
Appears in 1 contract
Sources: Convertible Subordinated Note Purchase Agreement (Langer Inc)