Prepayment. At any time prior to the date that an Event of Default occurs under this Note (the “Prepayment Period”), the Borrower shall have the right, exercisable on three (3) Trading Days prior written notice to the Holder of the Note, to prepay the outstanding Principal Amount and interest then due under this Note in accordance with this [Section 1.9]. Any notice of prepayment hereunder (an “Optional Prepayment Notice”) shall be delivered to the Holder of the Note at its registered addresses and shall state: # that the Borrower is exercising its right to prepay the Note, and # the date of prepayment which shall be three (3) Trading Days from the date of the Optional Prepayment Notice (the “Optional Prepayment Date”). The Holder shall have the right, at all times prior to the receipt of the full prepayment amount on the Optional Prepayment Date, to convert all or any portion of the Note pursuant to the terms of this Note, including the amount of this Note to be prepaid by the Borrower in accordance with this [Section 1.9]. On the Optional Prepayment Date, the Borrower shall make payment of the amounts designated below to or upon the order of the Holder as specified by the Holder in writing to the Borrower. If the Borrower exercises its right to prepay the Note in accordance with this [Section 1.9], the Borrower shall make payment to the Holder of an amount in cash equal to the sum of: # 100% multiplied by the Principal Amount then outstanding plus # accrued and unpaid interest on the Principal Amount to the Optional Prepayment Date plus # to reimburse Holder for administrative fees.
Prepayment. At any time prior to the date that an Event of Default occurs under this Note (the “Prepayment Period”),Note, the Borrower shall have the right, exercisable on three (3)seven (7) Trading Days prior written notice to the Holder of the Note, to prepay the outstanding Principal Amount and interest then due under this Note in accordance with this [Section 1.9]. Any notice of prepayment hereunder (an “Optional Prepayment Notice”) shall be delivered to the Holder of the Note at its registered addresses and shall state: # that the Borrower is exercising its right to prepay the Note, and # the date of prepayment which shall be three (3)seven (7) Trading Days from the date of the Optional Prepayment Notice (the “Optional Prepayment Date”). The Holder shall have the right, at all times prior toduring the period beginning on the date of Holder’s receipt of the Optional Prepayment Notice and until the Holder’s actual receipt of the full prepayment amount on the Optional Prepayment Date, to instead convert all or any portion of the Note pursuant to the terms of this Note, including the amount of this Note to be prepaid by the Borrower in accordance with this [Section 1.9]. On the Optional Prepayment Date, the Borrower shall make payment of the amounts designated below to or upon the order of the Holder as specified by the Holder in writing to the Borrower. If the Borrower exercises its right to prepay the Note in accordance with this [Section 1.9], the Borrower shall make payment to the Holder of an amount in cash equal to the sum of: # 100%115% multiplied by the Principal Amount then outstanding plus # 115% multiplied by the accrued and unpaid interest on the Principal Amount to the Optional Prepayment Date plus # to reimburse Holder for administrative fees.
Prepayment. AtNotwithstanding anything to the contrary contained in this Note, at any time prior toduring the date that an Event of Default occurs underperiods set forth on the table immediately following this Noteparagraph (the “Prepayment Period”Periods”), or as otherwise agreed to between the Borrower and the Holder, the Borrower shall have the right, exercisable on not more than three (3) Trading Days prior written notice to the Holder of the Note,Note to prepay the outstanding Principal AmountNote (principal and interest then due under this Noteaccrued interest), in full, in accordance with this [Section 1.9]7]. Any notice of prepayment hereunder (an “Optional Prepayment Notice”) shall be delivered to the Holder of the Note at its registered addresses and shall state: # that the Borrower is exercising its right to prepay the Note, and # the date of prepayment which shall be not more than three (3) Trading Days from the date of the Optional Prepayment NoticeNotice. On the date fixed for prepayment (the “Optional Prepayment Date”). The Holder shall have the right, at all times prior to the receipt of the full prepayment amount on the Optional Prepayment Date, to convert all or any portion of the Note pursuant to the terms of this Note, including the amount of this Note to be prepaid by the Borrower in accordance with this [Section 1.9]. On the Optional Prepayment Date,, the Borrower shall make payment of the amounts designated belowOptional Prepayment Amount (as defined below) to Holder, or upon the orderdirection of the Holder as specified by the Holder in a writing to the Borrower.Borrower (which shall direction to be sent to Borrower by the Holder at least one (1) business day prior to the Optional Prepayment Date). If the Borrower exercises its right to prepay the Note in accordance with this [Section 1.9],Note, the Borrower shall make payment to the Holder of an amount in cash equal to the percentage (“Prepayment Percentage”) as set forth in the table immediately following this paragraph opposite the applicable Prepayment Period, multiplied by the sum of: # 100% multiplied by the Principal Amount then outstanding principal amount of this Note plus # accrued and unpaid interest on the Principal Amountunpaid principal amount of this Note to the Optional Prepayment Date plus # Default Interest, if any, on the amounts referred to reimbursein [clauses [(w) and (x)])]])] plus # any amounts owed to the Holder for administrative fees.pursuant to [Section 1.4] hereof (the “Optional Prepayment Amount”).
Prepayment. At any time prior to the date that an Event of Default occurs under this Note (the “Prepayment Period”), the Borrower shall have the right, exercisable on three (3) Trading Days prior written notice to the Holder of the Note, to prepay the outstanding Principal Amount and interest then due under this Note in accordance with this [Section 1.9]. Any notice of prepayment hereunder (an “Optional Prepayment Notice”) shall be delivered to the Holder of the Note at its registered addresses and shall state: # that the Borrower is exercising its right to prepay the Note, and # the date of prepayment which shall be not more than three (3) Trading Days from the date of the Optional Prepayment NoticeNotice. On the date fixed for prepayment (the “Optional Prepayment Date”). The Holder shall have the right, at all times prior to the receipt of the full prepayment amount on the Optional Prepayment Date, to convert all or any portion of the Note pursuant to the terms of this Note, including the amount of this Note to be prepaid by the Borrower in accordance with this [Section 1.9]. On the Optional Prepayment Date,, the Borrower shall make payment of the amounts designated belowapplicable prepayment amount to or upon the order of the Holder as specified by the Holder in writing to the Borrower.Borrower at least one (1) business day prior to the Optional Prepayment Date. If the Borrower exercisesdelivers an Optional Prepayment Notice and fails to pay the applicable prepayment amount due to the Holder of the Note within two (2) business days following the Optional Prepayment Date, the Borrower shall forever forfeit its right to prepay the Note in accordance withpursuant to this [Section 1.9], the Borrower shall make payment to the Holder of an amount in cash equal to the sum of: # 100% multiplied by the Principal Amount then outstanding plus # accrued and unpaid interest on the Principal Amount to the Optional Prepayment Date plus # to reimburse Holder for administrative fees..
Prepayment. At any time prior to the date that an Event of Default occurs under this Note (the “Prepayment Period”), the Borrower shall have the right, exercisable on three (3) Trading Days prior written notice to the Holder of the Note, to prepay the outstanding Principal Amount and interest then due under this Note in accordance with this [Section 1.9]. Any notice of prepayment hereunder (an “OptionalOptional Prepayment Notice”Notice) shall be delivered to the Holder of the Note at its registered addresses and shall state: # that the Borrower is exercising its right to prepay the Note, and # the date of prepayment which shall be not more than three (3) Trading Days from the date of the Optional Prepayment Notice (the “Optional Prepayment Date”). The Holder shall have the right, at all times prior to the receipt of the full prepayment amount on the Optional Prepayment Date, to convert all or any portion of the Note pursuant to the terms of this Note, including the amount of this Note to be prepaid by the Borrower in accordance with this [Section 1.9].Notice. On the Optionaldate fixed for prepayment (the Optional Prepayment Date,Date), the Borrower shall make payment of the amounts designated belowapplicable prepayment amount to or upon the order of the Holder as specified by the Holder in writing to the Borrower.Borrower at least one (1) business day prior to the Optional Prepayment Date. If the Borrower exercisesdelivers an Optional Prepayment Notice and fails to pay the applicable prepayment amount due to the Holder of the Note within two (2) business days following the Optional Prepayment Date, the Borrower shall forever forfeit its right to prepay the Note in accordance withpursuant to this [Section 1.9], the Borrower shall make payment to the Holder of an amount in cash equal to the sum of: # 100% multiplied by the Principal Amount then outstanding plus # accrued and unpaid interest on the Principal Amount to the Optional Prepayment Date plus # to reimburse Holder for administrative fees..
Prepayment. At any time prior to the date that an Event of Default occurs under this Note (the “Prepayment Period”), the Borrower shall have the right, exercisable on three (3) Trading Days prior written notice to the Holder of the Note, to prepay the outstanding Principal Amount and interest then due under this Note in accordance with this [Section 1.9]. Any notice of prepayment hereunder (an “Optional Prepayment Notice”) shall be delivered to the Holder of the Note at its registered addresses by physical mail and shall state: # that the Borrower is exercising its right to prepay the Note, and # the date of prepayment which shall be not more than three (3) Trading Days from the date of the Optional Prepayment NoticeNotice. On the date fixed for prepayment (the “Optional Prepayment Date”). The Holder shall have the right, at all times prior to the receipt of the full prepayment amount on the Optional Prepayment Date, to convert all or any portion of the Note pursuant to the terms of this Note, including the amount of this Note to be prepaid by the Borrower in accordance with this [Section 1.9]. On the Optional Prepayment Date,, the Borrower shall make payment of the amounts designated belowapplicable prepayment amount to or upon the order of the Holder as specified by the Holder in writing to the Borrower. If the Borrower exercisesdelivers an Optional Prepayment Notice and fails to pay the applicable prepayment amount due to the Holder of the Note within two (2) business days following the Optional Prepayment Date, the Borrower shall forever forfeit its right to prepay the Note in accordance withpursuant to this [Section 1.9], the Borrower shall make payment to the Holder of an amount in cash equal to the sum of: # 100% multiplied by the Principal Amount then outstanding plus # accrued and unpaid interest on the Principal Amount to the Optional Prepayment Date plus # to reimburse Holder for administrative fees..
Prepayment. At any time prior toduring the period beginning on the Issue Date and ending on the date that an Event of Default occurs under this Note (the “Prepayment Period”),which is ninety (90) days following the Issue Date, the Borrower shall have the right, exercisable on not less than three (3) Trading Days prior written notice to the Holder of the Note,Note to prepay the outstanding Principal AmountNote (principal and interest then due under this Noteaccrued interest), in accordance with this [Section 1.9]. Any notice of prepayment hereunder (an “Optional Prepayment Notice”) shall be delivered to the Holder of the Note at its registered addresses and shall state: # that the Borrower is exercising its right to prepay the Note, and # the date of prepayment which shall be three (3) Trading Days from the date of the Optional Prepayment Notice (the “Optional Prepayment Date”). The Holder shall have the right, at all times prior to the receipt of the full prepayment amount on the Optional Prepayment Date, to convert all or any portion of the Note pursuant to the terms of this Note, including the amount of this Note to be prepaid by the Borrower in accordance with this [Section 1.9]. On the Optional Prepayment Date, the Borrower shall make payment of the amounts designated below to or upon the order of the Holder as specified by the Holder in writing to the Borrower. If the Borrower exercises its right to prepay the Note in accordance with this [Section 1.9], the Borrower shall makemaking a payment to the Holder of an amount in cash equal to 140%, multiplied by the sum of: # 100% multiplied by the Principal Amount then outstanding principal amount of this Note plus # accrued and unpaid interest on the Principal Amount to the Optional Prepayment Dateunpaid principal amount of this Note plus # to reimburse Holder for administrative fees.Default Interest.
Prepayment. At any time prior toNotwithstanding the date thatforegoing, so long as Borrower has not received a Lender Conversion Notice (as defined below) or an Installment Notice (as defined below) from Lender where the applicable Conversion Shares have not yet been delivered and so long as no Event of Default occurs under this Note (the “Prepayment Period”)has occurred since the Effective Date (whether declared by Lender or undeclared and regardless of whether or not cured), thethen Borrower shall have the right, exercisable on three (3)not less than five (5) Trading Days prior written notice to the Holder of the Note,Lender to prepay the outstanding Principal Amount and interest then due underOutstanding Balance of this NoteNote, in full, in accordance with this [Section 1.9]1]. Any notice of prepayment hereunder (an “OptionalOptional Prepayment Notice”Notice) shall be delivered to the Holder of the NoteLender at its registered addressesaddress and shall state: # that the Borrower is exercising its right to prepay thethis Note, and # the date of prepaymentprepayment, which shall be three (3)not less than five (5) Trading Days from the date of the Optional Prepayment Notice (the “Optional Prepayment Date”). The Holder shall have the right, at all times prior to the receipt of the full prepayment amount on the Optional Prepayment Date, to convert all or any portion of the Note pursuant to the terms of this Note, including the amount of this Note to be prepaid by the Borrower in accordance with this [Section 1.9].Notice. On the Optionaldate fixed for prepayment (the Optional Prepayment Date, theDate), Borrower shall make payment of the amounts designated belowOptional Prepayment Amount (as defined below) to or upon the order of the HolderLender as may be specified by the HolderLender in writing to the Borrower. If the Borrower exercises its right to prepay the Note in accordance with this [Section 1.9], theNote, Borrower shall make payment to the HolderLender of an amount in cash equal to the sum of: # 100%125% (the Prepayment Premium) multiplied by the Principalthen Outstanding Balance of this Note (the Optional Prepayment Amount). In the event Borrower delivers the Optional Prepayment Amount then outstanding plus # accrued and unpaid interest on the Principal Amountto Lender prior to the Optional Prepayment Date plus # or without delivering an Optional Prepayment Notice to reimburse Holder for administrative fees.Lender as set forth herein without Lenders prior written consent, the Optional Prepayment Amount shall not be deemed to have been paid to Lender until the Optional Prepayment Date. Moreover, in such event the Optional Prepayment Liquidated Damages Amount will automatically be added to the Outstanding Balance of this Note on the day Borrower delivers the Optional Prepayment Amount to Lender. In the event Borrower delivers the Optional Prepayment Amount without an Optional Prepayment Notice, then the Optional Prepayment Date will be deemed to be the date that is five (5) Trading Days from the date that the Optional Prepayment Amount was delivered to Lender and Lender shall be entitled to exercise its conversion rights set forth herein during such five (5) day period. In addition, if Borrower delivers an Optional Prepayment Notice and fails to pay the Optional Prepayment Amount due to Lender within two (2) Trading Days following the Optional Prepayment Date, Borrower shall forever forfeit its right to prepay this Note.
Prepayment. At any time prior toduring the period beginning on the Issue Date and ending on the date that an Event of Default occurs under this Note (the “Prepayment Period”),which is ninety (90) days following the Issue Date, the Borrower shall have the right, exercisable on not less than three (3) Trading Days prior written notice to the Holder of the Note,Note to prepay the outstanding Principal AmountNote (principal and interest then due under this Noteaccrued interest), in accordance with this [Section 1.9]. Any notice of prepayment hereunder (an “Optional Prepayment Notice”) shall be delivered to the Holder of the Note at its registered addresses and shall state: # that the Borrower is exercising its right to prepay the Note, and # the date of prepayment which shall be three (3) Trading Days from the date of the Optional Prepayment Notice (the “Optional Prepayment Date”). The Holder shall have the right, at all times prior to the receipt of the full prepayment amount on the Optional Prepayment Date, to convert all or any portion of the Note pursuant to the terms of this Note, including the amount of this Note to be prepaid by the Borrower in accordance with this [Section 1.9]. On the Optional Prepayment Date, the Borrower shall make payment of the amounts designated below to or upon the order of the Holder as specified by the Holder in writing to the Borrower. If the Borrower exercises its right to prepay the Note in accordance with this [Section 1.9], the Borrower shall makemaking a payment to the Holder of an amount in cash equal to 135%, multiplied by the sum of: # 100% multiplied by the Principal Amount then outstanding principal amount of this Note plus # accrued and unpaid interest on the Principal Amount to the Optional Prepayment Dateunpaid principal amount of this Note plus # to reimburse Holder for administrative fees.Default Interest, if any.
Prepayment. At any time prior toduring the period beginning the day which is ninety one (91) days following the Issue Date and ending on the date that an Event of Default occurs under this Note (the “Prepayment Period”),which is one hundred eighty (180) days following the Issue Date, the Borrower shall have the right, exercisable on not less than three (3) Trading Days prior written notice to the Holder of the Note,Note to prepay the outstanding Principal AmountNote (principal and interest then due under this Noteaccrued interest), in accordance with this [Section 1.9]. Any notice of prepayment hereunder (an “Optional Prepayment Notice”) shall be delivered to the Holder of the Note at its registered addresses and shall state: # that the Borrower is exercising its right to prepay the Note, and # the date of prepayment which shall be three (3) Trading Days from the date of the Optional Prepayment Notice (the “Optional Prepayment Date”). The Holder shall have the right, at all times prior to the receipt of the full prepayment amount on the Optional Prepayment Date, to convert all or any portion of the Note pursuant to the terms of this Note, including the amount of this Note to be prepaid by the Borrower in accordance with this [Section 1.9]. On the Optional Prepayment Date, the Borrower shall make payment of the amounts designated below to or upon the order of the Holder as specified by the Holder in writing to the Borrower. If the Borrower exercises its right to prepay the Note in accordance with this [Section 1.9], the Borrower shall makemaking a payment to the Holder of an amount in cash equal to 150%, multiplied by the sum of: # 100% multiplied by the Principal Amount then outstanding principal amount of this Note plus # accrued and unpaid interest on the Principal Amount to the Optional Prepayment Dateunpaid principal amount of this Note plus # to reimburse Holder for administrative fees.Default Interest, if any.
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