Common use of Prepayment of Principal Clause in Contracts

Prepayment of Principal. Subject to Payee’s right to convert the principal of this Note into shares of S2C’s Common Stock in accordance with the provisions of Section 4 below, S2C may prepay all or any portion of the principal at any time without penalty.

Appears in 4 contracts

Sources: Amendment (S2c Global Systems, Inc.), Amendment (S2c Global Systems, Inc.), Amendment to Note Agreement (S2c Global Systems, Inc.)