Partial Prepayment. In case of the prepayment of only part of this Debenture, the notice shall specify the portion of the face amount being prepaid. Upon payment of the portion prepaid, this Debenture shall be cancelled and a new Debenture issued for the unpaid balance.
Appears in 2 contracts
Sources: Subordinated Convertible Debenture (Intelligent Living Corp), 12% Subordinated Convertible Debenture (Elgrande Com Inc)