Common use of PAYMENTS WITHOUT PREMIUM OR PENALTY Clause in Contracts

PAYMENTS WITHOUT PREMIUM OR PENALTY. The Borrower shall have the option before the Maturity Date or upon the occurrence of an Event of Default of paying the Outstanding Balance to the Lender in full or part at any time and from time to time without any premium or penalty.

Appears in 13 contracts

Sources: Senior Secured Note (Vyteris Holdings (Nevada), Inc.), Senior Secured Note (Vyteris Holdings (Nevada), Inc.), Senior Secured Note (Vyteris Holdings (Nevada), Inc.)

PAYMENTS WITHOUT PREMIUM OR PENALTY. The Borrower shall have the option before the Maturity Date or upon the occurrence of an Event of Default of paying the Outstanding Balance Principal Amount to the Lender Holder in full or part at any time and from time to time without any premium or penalty.

Appears in 1 contract

Sources: Securities Purchase Agreement (Treasure Mountain Holdings Inc)