Common use of Notes Exercise Clause in Contracts

Notes Exercise. By surrender to the Company of any notes or other obligations issued by the Company with all such notes or other obligations of the Company so surrendered being credited against the Option Exercise Price in an amount equal to the principal amount thereof plus the amount of any interest accrued thereon to the date of such surrender;

Notes Exercise. By surrender to the Company Corporation of any promissory notes or other obligations issued by the Company Corporation, with all such notes or other obligations of the Company Corporation so surrendered being credited against the Option Warrant Exercise Price in an amount equal to the principal amount thereof plus the amount of any accrued and unpaid interest accrued thereon to the date of such surrender;