Common use of Issuance of New Note Clause in Contracts

Issuance of New Note. Upon any partial conversion of this Note, a new Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Borrower to the Holder for the principal balance of this Note and interest which shall not have been converted or paid. The Borrower will pay no costs, fees or any other consideration to the Holder for the production and issuance of a new Note.

Appears in 58 contracts

Samples: Convertible Term Note (Axesstel Inc), Note (Micro Component Technology Inc), Convertible Term Note (Electric City Corp)

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Issuance of New Note. Upon any partial conversion of this Note, a new Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Borrower Company to the Holder for the principal balance of this Note and interest which shall not have been converted or paid. The Borrower will Subject to the provisions of Article IV of this Note, the Company shall not pay no any costs, fees or any other consideration to the Holder for the production and issuance of a new Note.

Appears in 32 contracts

Samples: Securities Purchase Agreement (Modtech Holdings Inc), Securities Purchase Agreement (Standard Management Corp), Accentia Biopharmaceuticals Inc

Issuance of New Note. Upon any partial conversion of this Note, a new Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Borrower to the Holder for the principal balance of this Note and interest which shall not have been converted or paid. The Subject to the provisions of Article IV, the Borrower will pay no costs, fees or any other consideration to the Holder for the production and issuance of a new Note.

Appears in 29 contracts

Samples: Cryomass Technologies, Inc., Andina Gold Corp., Andina Gold Corp.

Issuance of New Note. Upon any partial conversion of this Note, a new Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Borrower Companies to the Holder for the principal balance of this Note and interest which shall not have been converted or paid. The Borrower will Subject to the provisions of Article IV of this Note, the Companies shall not pay no any costs, fees or any other consideration to the Holder for the production and issuance of a new Note.

Appears in 11 contracts

Samples: Other Companies (American Technologies Group Inc), Other Companies (ProLink Holdings Corp.), Other Companies (ProLink Holdings Corp.)

Issuance of New Note. Upon any partial conversion redemption of this Note, a new Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Borrower Company to the Holder for the principal balance of this Note and interest which shall not have been converted or paid. The Borrower will Subject to the provisions of Article II of this Note, the Company shall not pay no any costs, fees or any other consideration to the Holder for the production and issuance of a new Note.

Appears in 9 contracts

Samples: Pervasip Corp, Pervasip Corp, Pervasip Corp

Issuance of New Note. Upon any partial conversion of this Note, a new Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Borrower Companies to the Holder for the principal balance of this Note and interest which shall not have been converted or paid. The Borrower will Subject to the provisions of Article IV of this Note, no Company shall pay no any costs, fees or any other consideration to the Holder for the production and issuance of a new Note.

Appears in 9 contracts

Samples: Other Companies (American Technologies Group Inc), Other Companies (American Technologies Group Inc), American Technologies Group Inc

Issuance of New Note. This Note may be converted by the Borrower or Holder in whole or in part as described herein and Section 9 of the Purchase Agreement. Upon any partial conversion of this Note, a new Note containing the same date and provisions of this Note shall, at the request of the HolderHolder and upon the cancellation of this Note, be issued by the Borrower to the Holder for the principal balance of this Note and interest which shall not have been converted or paid. The Borrower will pay no costs, fees or any other consideration to the Holder for the production and issuance of a new Note.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Nestor Inc), Nestor Inc, Nestor Inc

Issuance of New Note. Upon any partial conversion payment of this Note, a new Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Borrower Companies to the Holder for the principal balance of this Note and interest which shall not have been converted or paid. The Borrower will pay no costs, fees or any other consideration to the Holder for the production and issuance of a new Note.

Appears in 3 contracts

Samples: Small World Kids Inc, Micro Component Technology Inc, Ronco Corp

Issuance of New Note. Upon any partial conversion of this Note, a new Note promissory note containing the same date and provisions of this Note shall, at the request of the Holder, shall be issued by the Borrower Company to the Holder for the principal balance of this Note and interest which shall not have been converted or paid. The Borrower will Holder shall not pay no any costs, fees or any other consideration to the Holder Company for the production and issuance of a new Notepromissory note.

Appears in 3 contracts

Samples: Intercreditor and Subordination Agreement (Co-Diagnostics, Inc.), Securities Purchase Agreement (Co-Diagnostics, Inc.), HyreCar Inc.

Issuance of New Note. Upon any partial conversion of this Note, a new Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Borrower to the Holder for the principal balance of this Note and interest which shall not have been converted or paid. The Borrower will Subject to the provisions of Article IV of this Note, the Company shall not pay no any costs, fees or any other consideration to the Holder for the production and issuance of a new Note.

Appears in 2 contracts

Samples: On the Go Healthcare Inc, On the Go Healthcare Inc

Issuance of New Note. Upon any partial conversion of this Note, a new Note containing the same date and provisions of this Note shall, at the written request of the Holder, be issued by the Borrower to the Holder for the principal balance of this Note and accrued interest which shall not have been converted or paid. The Subject to the provisions of Article IV, the Borrower will pay no costs, fees or any other consideration to the Holder for the production and issuance of a new Note.

Appears in 2 contracts

Samples: Elec Communications Corp, Elec Communications Corp

Issuance of New Note. Upon any partial conversion of this Note, a new Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Borrower Maker to the Holder for the principal balance of this Note and interest which shall not have been converted or paid. The Borrower Subject to the provisions of Section 4, the Holder will pay no costs, fees or any other consideration to the Holder Maker for the production and issuance of a new Note.

Appears in 1 contract

Samples: Restatement and Amendment Agreement (Command Center, Inc.)

Issuance of New Note. Upon any partial conversion of this Note, a new Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Borrower and Clinical Data to the Holder for the principal balance of this Note and interest which shall not have been converted or paid. The Subject to the provisions of Article IV, neither the Borrower nor Clinical Data will pay no costs, fees or any other consideration to the Holder for the production and issuance of a new Note.

Appears in 1 contract

Samples: Clinical Data Inc

Issuance of New Note. Upon any partial conversion of this Note, a new -------------------- Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Borrower to the Holder for the principal balance of this Note and interest which shall not have been converted or paid. The Borrower will pay no costs, fees or any other consideration to the Holder for the production and issuance of a new Note.

Appears in 1 contract

Samples: Sequiam Corp

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Issuance of New Note. Upon any partial conversion of this Note, a new Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Borrower Borrowers to the Holder for the principal balance of this Note and interest which shall not have been converted or paid. The Borrower Subject to the provisions of Article IV, the Borrowers will pay no costs, fees or any other consideration to the Holder for the production and issuance of a new Note.

Appears in 1 contract

Samples: Return on Investment Corp

Issuance of New Note. Upon any partial conversion of this Note, and subject to the surrender of this Note to the Borrower, a new Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Borrower to the Holder for the principal balance of this Note and interest which shall not have been converted or paid. The Borrower will pay no costs, fees or any other consideration to the Holder for the production and issuance of a new Note.

Appears in 1 contract

Samples: Equifin Inc

Issuance of New Note. Upon any partial conversion of this Note, a new Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Borrower a21 to the Holder for the principal balance of this Note and interest which shall not have been converted or paid. The Borrower will Subject to the provisions of Article IV of this Note, a21 shall not pay no any costs, fees or any other consideration to the Holder for the production and issuance of a new Note.

Appears in 1 contract

Samples: A21 Inc

Issuance of New Note. Upon any partial conversion of this NoteNote but no more frequently than once per quarter, a new Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Borrower to the Holder for the principal balance of this Note and interest which shall not have been converted or paid. The Borrower will pay no costs, fees or any other consideration to the Holder for the production and issuance of a new Note.

Appears in 1 contract

Samples: Innovative Companies Inc

Issuance of New Note. Upon any partial conversion of this Note, a new Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Borrower to the Holder for the principal balance of the Principal Amount, interest thereon and other amounts payable under this Note and interest which shall not have been converted or paid. The Subject to the provisions of Article 4, the Borrower will pay no costs, fees or any other consideration to the Holder for the production and issuance of a new Note.

Appears in 1 contract

Samples: Tm Bioscience Corp

Issuance of New Note. Upon any partial conversion of this Note, a new Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Borrower to the Holder for the principal balance of this Note and interest which shall not have been converted or paid. The Subject to the provisions of Article IV, the Borrower will pay no costs, fees or any other consideration to the Holder for the production and issuance of a new Note.. Acceris Communications Confidential Materials October 14, 2004

Appears in 1 contract

Samples: Acceris Communications Inc

Issuance of New Note. Upon any partial conversion of this Note, a new Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Borrower Company to the Holder for the principal balance of this Note and interest which shall not have been converted or paid. The Borrower will Upon reissuance to the Holder of each new Note, the Holder shall promptly return to the Company the Note replaced thereby. Subject to the provisions of Article IV of this Note, the Company shall not pay no any costs, fees or any other consideration to the Holder for the production and issuance of a new Note.

Appears in 1 contract

Samples: Path 1 Network Technologies Inc

Issuance of New Note. Upon any partial conversion of this Note, a new Note containing the same date and provisions of this Note shall, at the request of the Holder, be issued by the Borrower to the Holder for the principal balance of this Note and interest which shall not have been converted or paid. The Borrower will pay no costs, fees or any other consideration to the Holder for the production and issuance of a new Note.. -----------------------------------------------------------------------------------------------------------------

Appears in 1 contract

Samples: Ventures National Inc

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