Common use of Voluntary Exchange Clause in Contracts

Voluntary Exchange. If the Note Amount is not paid in full on ------------------ or prior to February 15, 2002, then, at any time thereafter while this Note is outstanding, Holder may, at the Holder's option, exchange this Note including accrued interest thereon to the date of exchange, in accordance with the provisions of paragraph (b) below hereof, in whole or in part, for a Series A Note in the initial principal amount equal to the amount of this Note being exchanged, including all accrued and unpaid interest on this Note.

Appears in 1 contract

Sources: Exchangeable Note and Warrant Purchase Agreement (Vsource Inc)

Voluntary Exchange. If the Note Amount is not paid in full on ------------------ or prior to February August 15, 2002, then, at any time thereafter while this Note is outstanding, Holder may, at the Holder's option, exchange this Note including accrued interest thereon to the date of exchange, in accordance with the provisions of paragraph (b) below hereof, in whole or in part, for a Series A Note in the initial principal amount equal to the amount of this Note being exchanged, including all accrued and unpaid interest on this Note.

Appears in 1 contract

Sources: Exchangeable Note and Warrant Purchase Agreement (Vsource Inc)