Common use of Partial Payment Clause in Contracts

Partial Payment. In the event of partial payment by the Holder, the principal sum due to the Holder shall be prorated based on the consideration actually paid by lender such that the company is only required to repay the amount funded and the company is not required to repay any unfunded portion of this note.

Appears in 23 contracts

Samples: Blue Water Global Group, Inc., Brazil Minerals, Inc., Brazil Minerals, Inc.

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Partial Payment. In the event of partial payment by the Holder, the principal sum due to the Holder shall be prorated based on the consideration actually paid by lender the Holder such that the company Company is only required to repay the amount funded and the company Company is not required to repay any unfunded portion of this noteNote, with the exception of any OID contemplated herein.

Appears in 10 contracts

Samples: Please Be (XLI Technologies, Inc.), Bemax, Inc., Pura Naturals, Inc.

Partial Payment. In the event of partial payment by the Holder, the principal sum due to the Holder shall be prorated based on the consideration actually paid by lender the Holder such that the company Company is only required to repay the amount funded and the company Company is not required to repay any unfunded portion of this note.Note, with the exception of any OID contemplated herein

Appears in 3 contracts

Samples: Bemax, Inc., Bemax, Inc., Bemax, Inc.

Partial Payment. In the event of partial payment by the Holder, the principal sum due to the Holder shall be prorated based on the consideration actually paid by lender the Holder such that the company Company is only required to repay the amount funded and the company Company is not required to repay any unfunded portion of this noteNote, with the exception of any 010 contemplated herein.

Appears in 2 contracts

Samples: Clean Energy Technologies, Inc., Clean Energy Technologies, Inc.

Partial Payment. In the event of partial payment by the Holder, the principal sum due to the Holder shall be prorated based on the consideration actually paid by lender Holder such that the company Company is only required to repay the amount funded and the company Company is not required to repay any unfunded portion of this note.

Appears in 1 contract

Samples: Brazil Minerals, Inc.

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Partial Payment. In the event of partial payment by the Holder, ,the principal sum due to the Holder shall be prorated based on the consideration actually paid by lender such that the company is only required to repay the amount funded and the company is not required to repay any unfunded portion of this note.

Appears in 1 contract

Samples: Eventure Interactive, Inc.

Partial Payment. In the event of partial payment by the Holder, the principal sum due to the Holder shall be prorated based on the consideration actually paid by lender the Holder such that the company Company is only required to repay the amount funded and the company Company is not required to repay any unfunded portion of this noteNote, with the exception of anything specifically contemplated herein.

Appears in 1 contract

Samples: No Borders, Inc.

Partial Payment. In the event of partial payment by the Holder, the principal sum due to the Holder shall be prorated based on the consideration actually paid by lender the Holder such that the company Company is only required to repay the amount funded and the company Company is not required to repay any unfunded portion of this noteNote, with the exception of any OID contemplated herein, if any.

Appears in 1 contract

Samples: Jammin Java Corp.

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