Common use of Exit Payment Clause in Contracts

Exit Payment. On the Maturity Date or any other date when the is Debenture is paid in full pursuant to Section 3(a), Section 3(b), Section 8(b) or otherwise, the Company will pay to the Holder an exit payment equal to five percent 5% of the original principal amount of this Debenture, which is $______ (the “Exit Payment”).

Exit Payment. On the Maturity Date or any other date when the is Debenture is paid in full pursuant to Section 3(a), Section 3(b), Section 8(b) or otherwise, the Company will pay to the Holder an exit payment equal to five percent 5% of the original principal amount of this Debenture, which is $[______ ] (the “Exit Payment”).