Voluntary Prepayment. For so long as no Event of Default shall have occurred and is continuing, the Company may, at its option, repay, in whole or in part, the Convertible Note, per the formula set forth in Section 5.1 of Exhibit A hereto, following at least five (5) Business Days prior written notice to Purchaser (the expiration of such five (5) Business Day period being referred to as the “prepayment date”); provided, however, that if such date is not a Business Day, the prepayment date shall be the next Business Day thereafter.
Appears in 4 contracts
Sources: Securities Purchase Agreement (Hepalife Technologies Inc), Securities Purchase Agreement (Royal Spring Water Inc), Securities Purchase Agreement (Hepalife Technologies Inc)
Voluntary Prepayment. For so long as no Event of Default shall have occurred and is continuing, the Company may, at its option, repay, in whole or in part, the Convertible Note, per the formula terms set forth in Section 5.1 4 of Exhibit EXHIBIT A hereto, thereof following at least five (5) Business Days prior written notice to Purchaser (the expiration of such five (5) Business Day period being referred to as the “"prepayment date”"); providedPROVIDED, howeverHOWEVER, that if such date is not a Business Day, the prepayment date shall be the next Business Day thereafter.
Appears in 3 contracts
Sources: Securities Purchase Agreement (ERF Wireless, Inc.), Securities Purchase Agreement (ERF Wireless, Inc.), Securities Purchase Agreement (ERF Wireless, Inc.)
Voluntary Prepayment. For so long as no Event of Default shall have occurred and or is continuing, the Company may, at its option, repay, in whole or in part, the Convertible NoteDebentures, per the formula set forth in Section 5.1 3 of Exhibit A hereto, thereof following at least five (5) Business Days prior written notice to Purchaser (the expiration of such five (5) Business Day period being referred to as the “"prepayment date”"); provided, however, that if such date is not a Business Day, the prepayment date shall be the next Business Day thereafter.
Appears in 3 contracts
Sources: Securities Purchase Agreement (Directplacement Inc), Securities Purchase Agreement (Directplacement Inc), Securities Purchase Agreement (Dial Thru International Corp)
Voluntary Prepayment. For so long as no Event of Default shall have occurred and is continuing, the Company may, at its option, repay, in whole or in part, the Convertible NoteNotes, per the formula set forth in Section 5.1 of Exhibit A hereto, thereof following at least five (5) Business Days prior written notice to Purchaser (the expiration of such five (5) Business Day period being referred to as the “"prepayment date”"); provided, however, that if such date is not a Business Day, the prepayment date shall be the next Business Day thereafter.
Appears in 3 contracts
Sources: Securities Purchase Agreement (Lahaina Acquisitions Inc), Securities Purchase Agreement (Lahaina Acquisitions Inc), Securities Purchase Agreement (Galaxy Minerals Inc)
Voluntary Prepayment. For so long as no Event of Default shall have occurred and is continuing, the Company may, at its option, repay, in whole or in part, the Convertible NoteDebentures, per the formula set forth in Section accordance with Sections 3 and 5.1 of Exhibit A hereto, following at least five (5) Business Days prior written notice to Purchaser (the expiration date of such five (5) Business Day period being referred to as the “"prepayment date”"); provided, however, that if such date is not a Business Day, the prepayment date shall be the next Business Day thereafter.
Appears in 2 contracts
Sources: Securities Purchase Agreement (American International Petroleum Corp /Nv/), Exchange Agreement (American International Petroleum Corp /Nv/)
Voluntary Prepayment. For so long as no Event of Default shall have occurred and is continuing, the Company may, at its option, repay, in whole or in part, the Convertible NoteDebentures, per the formula set forth in Section 5.1 of Exhibit EXHIBIT A hereto, thereof following at least five (5) Business Days prior written notice to Purchaser (the expiration of such five (5) Business Day period being referred to as the “"prepayment date”"); providedPROVIDED, howeverHOWEVER, that if such date is not a Business Day, the prepayment date shall be the next Business Day thereafter.
Appears in 2 contracts
Sources: Securities Purchase Agreement (Eagle Wireless International Inc), Securities Purchase Agreement (Emissions Testing Inc)
Voluntary Prepayment. For so long as no Event of Default shall have occurred and is continuing, the Company may, at its option, repay, in whole or in part, the Convertible Note, per the formula set forth in Section 5.1 of Exhibit A hereto, thereof following at least five (5) Business Days prior written notice to Purchaser (the expiration of such five (5) Business Day period being referred to as the “prepayment date”); provided, however, that if such date is not a Business Day, the prepayment date shall be the next Business Day thereafter.
Appears in 1 contract
Sources: Securities Purchase Agreement (Liberty Star Uranium & Metals Corp.)
Voluntary Prepayment. For so long as no Event of Default shall have occurred and is continuing, the Company may, at its option, repay, in whole or in part, the Convertible Promissory Note, per the formula set forth in Section 5.1 4 of Exhibit A hereto, thereof following at least five (5) Business Days prior written notice to Purchaser (the expiration of such five (5) Business Day period being referred to as the “"prepayment date”"); provided, however, that if such date is not a Business Day, the prepayment date shall be the next Business Day thereafter.
Appears in 1 contract
Sources: Securities Purchase Agreement (Metropolitan Health Networks Inc)
Voluntary Prepayment. For so long as no Event of Default shall have occurred and is continuing, the Company may, at its option, repay, in whole or in part, the Convertible NoteDebentures, per the formula set forth in Section accordance with Sections 3 and 5.1 of Exhibit A hereto, following at least five (5) Business Days prior written notice to Purchaser (the expiration of such five (5) Business Day period being referred to as the “"prepayment date”"); provided, however, that if such date is not a Business Day, the prepayment date shall be the next Business Day thereafter.
Appears in 1 contract
Sources: Securities Purchase Agreement (Creative Host Services Inc)
Voluntary Prepayment. For so long as no Event of Default shall have occurred and is continuing, the Company may, at its option, repay, in whole or in part, the Convertible NoteDebentures, per the formula set forth in Section 5.1 5 of Exhibit A hereto, thereof following at least five (5) Business Days prior written notice to Purchaser (the expiration of such five (5) Business Day period being referred to as the “"prepayment date”"); provided, however, that if such date is not a Business Day, the prepayment date shall be the next Business Day thereafter.
Appears in 1 contract
Sources: Securities Purchase Agreement (Metropolitan Health Networks Inc)
Voluntary Prepayment. For so long as no Event of Default shall have occurred and is continuing, the Company may, at its option, repay, in whole or in part, the Senior Convertible NoteNote , per the formula set forth in Section 5.1 of Exhibit A hereto, thereof following at least five (5) Business Days prior written notice to Purchaser (the expiration of such five (5) Business Day period being referred to as the “prepayment date”); provided, however, that if such date is not a Business Day, the prepayment date shall be the next Business Day thereafter.
Appears in 1 contract
Voluntary Prepayment. For so long as no Event of Default shall have occurred and is continuingcontinuing and the Company is not taking any affirmative steps to cure, the Company may, at its option, repay, in whole or in part, the Convertible NoteBridge Notes, per the formula set forth in Section 5.1 of Exhibit A hereto, thereof following at least five (5) Business Days prior written notice to Purchaser (the expiration of such five (5) Business Day period being referred to as the “prepayment date”); provided, however, that if such date is not a Business Day, the prepayment date shall be the next Business Day thereafter.
Appears in 1 contract
Sources: Securities Purchase Agreement (Titan Iron Ore Corp.)
Voluntary Prepayment. For so long as no Event of Default shall have occurred and is continuing, the Company may, at its option, repay, in whole or in part, the Convertible NoteBridge Notes, per the formula set forth in Section 5.1 of Exhibit A hereto, thereof following at least five (5) Business Days prior written notice to Purchaser (the expiration of such five (5) Business Day period being referred to as the “prepayment date”); provided, however, that if such date is not a Business Day, the prepayment date shall be the next Business Day thereafter.
Appears in 1 contract
Voluntary Prepayment. For so long as no Event of Default shall have occurred and is continuing, the Company may, at its option, repay, in whole or in part, the Convertible NoteDebentures, per the formula set forth in Section 5.1 of Exhibit EXHIBIT A hereto, thereof following at least five (5) Business Days prior written notice to Purchaser (the expiration of such five (5) Business Day period being referred to as the “"prepayment date”"); providedPROVIDED, howeverHOWEVER, that if such date is not a Business Day, the prepayment date shall be the next Business Day thereafter.. ARTICLE
Appears in 1 contract
Sources: Securities Purchase Agreement (Eagle Wireless International Inc)
Voluntary Prepayment. For so long as no Event of Default shall have occurred and is continuing, the Company may, at its option, repay, in whole or in part, the Convertible Secured Note, per the formula set forth in Section accordance with Sections 3 and 5.1 of Exhibit A hereto, following at least five seven (57) Business Days prior written notice to Purchaser (the expiration date of such five seven (57) Business Day period being referred to as the “"prepayment date”"); provided, however, that if such date is not a Business Day, the prepayment date shall be the next Business Day thereafter.
Appears in 1 contract
Sources: Exchange Agreement (Donini Inc)
Voluntary Prepayment. For so long as no Event of Default shall have occurred and or is continuing, the Company may, at its option, repay, in whole or in part, the Convertible NoteDebentures, per the formula set forth in Section 5.1 5 of Exhibit A hereto, thereof following at least five (5) Business Days prior written notice to Purchaser (the expiration of such five (5) Business Day period being referred to as the “"prepayment date”"); provided, however, that if such date is not a Business Day, the prepayment date shall be the next Business Day thereafter.
Appears in 1 contract
Sources: Securities Purchase Agreement (Dial Thru International Corp)