Common use of Payments of Principal Clause in Contracts

Payments of Principal. On the Maturity Date, the Company shall pay to the Holder an amount in cash representing all outstanding Principal, accrued and unpaid Interest and accrued and unpaid Late Charges (as defined in Section 23(c)) on such Principal and Interest). Other than as specifically permitted by this Note, the Company may not prepay any portion of the outstanding Principal, accrued and unpaid Interest or accrued and unpaid Late Charges on Principal and Interest, if any.

Appears in 4 contracts

Sources: Note Agreement (Top Ships Inc.), Note Purchase Agreement (Top Ships Inc.), Note (Top Ships Inc.)

Payments of Principal. On the Maturity Date, the Company shall pay to the Holder an amount in cash representing 100% of all outstanding Principal, accrued and unpaid Interest and accrued and unpaid Late Charges (as defined in Section 23(c24(c)) on such Principal and Interest). Other than as specifically permitted by this Note, the Company may not prepay any portion of the outstanding Principal, accrued and unpaid Interest or accrued and unpaid Late Charges on Principal and Interest, if any.

Appears in 1 contract

Sources: Security Agreement (Esports Entertainment Group, Inc.)

Payments of Principal. On the Maturity Date, the Company shall pay to the Holder an amount in cash representing all outstanding Principal, accrued and unpaid Interest and accrued and unpaid Late Charges (as defined in Section 23(c26(c)) on such Principal and Interest). Other than as specifically permitted by this Note, the Company may not prepay any portion of the outstanding Principal, accrued and unpaid Interest or accrued and unpaid Late Charges on Principal and Interest, if any.

Appears in 1 contract

Sources: Securities Purchase Agreement (EF Hutton Acquisition Corp I)

Payments of Principal. On the Maturity Date, the Company shall pay to the Holder an amount in cash representing all outstanding Principal, accrued and unpaid Interest and accrued and unpaid Late Charges (as defined in Section 23(c24(c)) on such Principal and Interest). Other than as specifically permitted by this Note, the Company may not prepay any portion of the outstanding Principal, accrued and unpaid Interest or accrued and unpaid Late Charges on Principal and Interest, if any.

Appears in 1 contract

Sources: Securities Purchase Agreement (Globus Maritime LTD)

Payments of Principal. On the Maturity Date, the Company shall pay to the Holder an amount in cash representing all outstanding Principal, Principal and accrued and unpaid Interest and accrued and unpaid Late Charges (as defined in Section 23(c)) on such Principal and Interest). Other than as specifically permitted by this Note, the The Company may not prepay prepay/redeem pursuant to a Company Optional Redemption, all or any portion of the outstanding Principal, accrued and unpaid Interest or accrued and unpaid Late Charges on Principal and Interest, if any, in accordance with the terms hereof.

Appears in 1 contract

Sources: Securities Purchase Agreement (Adagio Medical Holdings, Inc.)

Payments of Principal. On the Maturity Date, the Company shall pay to the Holder an amount in cash representing all outstanding Principal, accrued and unpaid Interest and accrued and unpaid Late Charges (as defined in Section 23(c)if any) on such Principal and Interest). Other than as specifically permitted by this Note, the The Company may not prepay any portion of the outstanding Principal, accrued and unpaid Interest or accrued and unpaid Late Charges on Principal and Interest, if any, at any time prior to the Maturity Date in its sole discretion subject to the Intercreditor Agreement.

Appears in 1 contract

Sources: Securities Restructuring Agreement (Sundial Growers Inc.)

Payments of Principal. On the Maturity Date, the Company shall pay to the Holder an amount in cash representing all outstanding Principal, accrued and unpaid Interest and accrued and unpaid Late Charges (as defined in Section 23(c24(c)) on such Principal and Interest). Other than as specifically permitted by this NoteDebenture, the Company may not prepay any portion of the outstanding Principal, accrued and unpaid Interest or accrued and unpaid Late Charges on Principal and Interest, if any.

Appears in 1 contract

Sources: Securities Purchase Agreement (Baxano Surgical, Inc.)

Payments of Principal. On the Maturity Date, the Company shall pay to the Holder an amount in cash representing all outstanding Principal, accrued and unpaid Interest and accrued and unpaid Late Charges (as defined in Section 23(c19(c)) on such Principal and Interest). Other than as specifically permitted by this Note, the Company may not prepay any portion of the outstanding Principal, accrued and unpaid Interest or accrued and unpaid Late Charges on Principal and Interest, if any.

Appears in 1 contract

Sources: Waiver and Amendment Agreement (Aclarion, Inc.)

Payments of Principal. On the Maturity Date, the Company shall pay to the Holder an amount in cash representing all outstanding Principal, and any accrued and unpaid Interest and accrued and unpaid Late Charges (as defined in Section 23(c22(c)) on such Principal and Interest). Other than as specifically permitted by this Note, the Company may not prepay any portion of the outstanding Principal, accrued and unpaid Interest or accrued and unpaid Late Charges on Principal and Interest, if any.

Appears in 1 contract

Sources: Securities Purchase Agreement (SOL Strategies Inc.)

Payments of Principal. On the Maturity Date, the Company shall pay to the Holder an amount in cash representing all outstanding Principal, accrued and unpaid Interest and accrued and unpaid Late Charges (as defined in Section 23(c21(c)) on such Principal and Interest). Other than as specifically permitted by this Note, the Company may not prepay any portion of the outstanding Principal, Make-Whole Amount, accrued and unpaid Interest or accrued and unpaid Late Charges on Principal Principal, Make-Whole Amount and Interest, if any.

Appears in 1 contract

Sources: Settlement Agreement (Avenir Wellness Solutions, Inc.)

Payments of Principal. On the Maturity Date, the Company shall pay to the Holder an amount in cash representing all outstanding Principal, accrued and unpaid Interest and accrued and unpaid Late Charges (as defined in Section 23(c)) on such Principal and Interest). Other than as specifically permitted by this Note, the Company may not prepay any portion of the outstanding Principal, accrued and unpaid Interest or accrued and unpaid Late Charges on Principal and Interest, if any.

Appears in 1 contract

Sources: Securities Purchase Agreement (Crumbs Bake Shop, Inc.)

Payments of Principal. On the Maturity Date, the Company shall pay to the Holder an amount in cash representing all outstanding Principal, accrued and unpaid Interest (if any) and accrued and unpaid Late Charges (as defined in Section 23(c24(c)) on such Principal and Interest). Other than as specifically permitted by this Note, the Company may not prepay any portion of the outstanding Principal, accrued and unpaid Interest or accrued and unpaid Late Charges on Principal and Interest, if any.

Appears in 1 contract

Sources: Securities Purchase Agreement (Sundial Growers Inc.)

Payments of Principal. On the Maturity Date, the Company shall pay to the Holder an amount in cash representing 100% of all outstanding Principal, accrued and unpaid Interest and accrued and unpaid Late Charges (as defined in Section 23(c25(c)) on such Principal and Interest). Other than as specifically permitted by this Note, the Company may not prepay any portion of the outstanding Principal, Make-Whole Amount, accrued and unpaid Interest or accrued and unpaid Late Charges on Principal and Interest, if any.

Appears in 1 contract

Sources: Securities Purchase Agreement (NewGenIvf Group LTD)

Payments of Principal. On the Maturity Date, the Company shall pay to the Holder an amount in cash representing 100% of all outstanding Principal, accrued and unpaid Interest and accrued and unpaid Late Charges (as defined in Section 23(c26(c)) on such Principal and Interest). Other than as specifically permitted by this Note, the Company may not prepay any portion of the outstanding Principal, Make-Whole Amount, accrued and unpaid Interest or accrued and unpaid Late Charges on Principal and Interest, if any.

Appears in 1 contract

Sources: Securities Purchase Agreement (NewGenIvf Group LTD)

Payments of Principal. On the each Maturity Date, the Company shall pay to the Holder an amount in cash representing all 1/16th of the initial outstanding Principal, accrued and unpaid Interest and accrued and unpaid Late Charges (as defined in Section 23(c24(c)) on such Principal and Interest). Other than as specifically permitted by this NoteDebenture, the Company may not prepay any portion of the outstanding Principal, accrued and unpaid Interest or accrued and unpaid Late Charges on Principal and Interest, if any.

Appears in 1 contract

Sources: Securities Purchase Agreement (Baxano Surgical, Inc.)