No Payment of Interest. The Company shall not pay interest to the Holder on this Debenture. The Company acknowledges and agrees that this Debenture was issued for an Original Issue Discount in lieu of future cash interest payments.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Sunburst Acquisitions Iv Inc), RCG Companies Inc
No Payment of Interest. The Company shall not pay interest to the Holder on this Debenture. The Company acknowledges and agrees that this Debenture was issued for an Original Issue Discount in lieu of future cash interest paymentsDiscount.
Appears in 1 contract
Samples: Pacific Gold Corp
No Payment of Interest. The Company shall not pay interest to the Holder on this Debenture. The Company acknowledges and agrees that this Debenture was issued for at an Original Issue Discount in lieu of future cash interest paymentsoriginal issue discount.
Appears in 1 contract
Samples: TNX Television Holdings Inc
