Payment of Interest in Cash or Kind. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 8% per annum, which interest amount shall be guaranteed. All interest payments hereunder will be payable in cash or Common Stock in the Holder’s discretion. Accrued and unpaid interest shall be due and payable on each Conversion Date and on the Maturity Date, or as otherwise set forth herein.
Appears in 20 contracts
Samples: Securities Purchase Agreement (Premier Biomedical Inc), Securities Purchase Agreement (Premier Biomedical Inc), Force Protection Video Equipment Corp.
Payment of Interest in Cash or Kind. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note Debenture at the rate of 810% per annum, which interest amount shall be guaranteed. All interest payments hereunder will be payable in cash, or subject to the Equity Conditions, in cash or Common Stock in the HolderCompany’s discretion. Accrued and unpaid interest shall be due and on payable on each Conversion Date and on the Maturity Date, or as otherwise set forth herein.
Appears in 8 contracts
Samples: Exchange Agreement (Notis Global, Inc.), Medbox, Inc., Medbox, Inc.
Payment of Interest in Cash or Kind. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 810% per annum, which interest amount shall be guaranteed. All interest payments hereunder will be payable in cash or Common Stock in the Holder’s 's discretion. Accrued and unpaid interest shall be due and payable on each Conversion Date and on the Maturity Date, or as otherwise set forth herein.
Appears in 7 contracts
Samples: Premier Biomedical Inc, Premier Biomedical Inc, Premier Biomedical Inc
Payment of Interest in Cash or Kind. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 810% per annum, which twelve (12) months’ interest amount shall be guaranteed. All interest payments hereunder will be payable in cash or Common Stock in the Holder’s discretion. Accrued and unpaid interest shall be due and , payable on each Conversion Date (as to that principal amount then being converted) and on the Maturity DateDate in cash or, at the Company’s option, in duly authorized, validly issued, fully paid and non-assessable shares of Common Stock or as otherwise set forth hereina combination thereof.
Appears in 5 contracts
Samples: Directview Holdings Inc, Directview Holdings Inc, Directview Holdings Inc
Payment of Interest in Cash or Kind. The Company Companies shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 810% per annum, which interest amount shall be guaranteed. All interest payments hereunder will be payable in cash, or subject to the Equity Conditions, in cash or Common Stock in the Holder’s Companies’ discretion. Accrued and unpaid interest shall be due and on payable on each Conversion Date Date, prepayment date, and on the Maturity Date, or as otherwise set forth herein.
Appears in 4 contracts
Samples: Notis Global, Inc., Notis Global, Inc., Notis Global, Inc.
Payment of Interest in Cash or Kind. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 8% per annum, which interest amount shall be guaranteed. All interest payments hereunder will be payable in cash, or subject to the Equity Conditions being satisfied, in Common Stock or a combination of cash or and Common Stock in the Holder’s discretion. Accrued and unpaid interest shall be due and payable on each Conversion Date and on the Maturity Date, or as otherwise set forth herein.
Appears in 3 contracts
Samples: NXT-Id, Inc., xG TECHNOLOGY, INC., xG TECHNOLOGY, INC.
Payment of Interest in Cash or Kind. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 812% per annum, which twelve (12) months’ interest amount shall be guaranteed. All interest payments hereunder will be payable in cash or Common Stock in the Holder’s discretion. Accrued and unpaid interest shall be due and , payable on each Conversion Date (as to that principal amount then being converted) and on the Maturity DateDate in cash or, at the Company’s option, in duly authorized, validly issued, fully paid and non-assessable shares of Common Stock or as otherwise set forth hereina combination thereof.
Appears in 3 contracts
Samples: Directview Holdings Inc, Terra Tech Corp., TWO RIVERS WATER & FARMING Co
Payment of Interest in Cash or Kind. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 8% per annum, which interest amount shall be guaranteed. All interest payments hereunder will be payable in cash, or subject to the Equity Conditions in the event of a conversion, in cash or Common Stock in the Holder’s discretion. Accrued and unpaid interest shall be due and payable on each Conversion Date and on the Date, Prepayment Date, and/or Maturity Date, or as otherwise set forth herein.
Appears in 3 contracts
Samples: DSG Global Inc., DSG Global Inc., DSG Global Inc.
Payment of Interest in Cash or Kind. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 810% per annum, which interest amount shall be guaranteedguaranteed and the total amount of interest due on the Note shall be deemed earned as of the Original Issue Date. All interest payments hereunder will be payable in cash, or subject to the Equity Conditions being satisfied, in cash or Common Stock in the Holder’s discretion. Accrued and unpaid interest shall be due and payable on each Conversion Date and on the Maturity Date, or as otherwise set forth herein.
Appears in 2 contracts
Samples: OSL Holdings Inc., OSL Holdings Inc.
Payment of Interest in Cash or Kind. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 8% per annum, which interest amount shall be guaranteed. All interest payments hereunder will be payable in cash, or subject to the Equity Conditions, in cash or Common Stock in the HolderCompany’s discretion. Accrued and unpaid interest shall be due and payable on each Conversion Date and on the Maturity Date, or as otherwise set forth herein.
Appears in 2 contracts
Samples: Epic Stores Corp., CLS Holdings USA, Inc.
Payment of Interest in Cash or Kind. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 812% per annum, of which six (6) months’ interest amount shall be guaranteed. All interest payments hereunder will be , payable in cash or Common Stock in the Holder’s discretion. Accrued and unpaid interest shall be due and payable on each Conversion Date and on the Maturity DateDate in cash or, at the Company’s option, in duly authorized, validly issued, fully paid and non-assessable shares of Common Stock or as otherwise set forth hereina combination thereof. The value of such Common Stock shall be mutually determined by the Company and the Holder at such time.
Appears in 2 contracts
Samples: Amarantus Bioscience Holdings, Inc., Amarantus Bioscience Holdings, Inc.
Payment of Interest in Cash or Kind. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note Debenture at the rate of 85% per annum, which interest amount shall be guaranteed. All interest payments hereunder will be payable in cash, or subject to the Equity Conditions, in cash or Common Stock common stock in the HolderCompany’s discretion. Accrued and unpaid interest shall be due and on payable on each Conversion Date and on the Maturity Date, or as otherwise set forth herein.
Appears in 2 contracts
Samples: Medbox, Inc., Medbox, Inc.
Payment of Interest in Cash or Kind. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 8% per annum, which interest amount shall be guaranteed. All interest payments hereunder will be payable in cash or Common Stock in the Holder’s discretion. Accrued and unpaid interest shall be due and payable on each Conversion Date and on the Maturity Date, or as otherwise set forth hereinin cash or, at the Holder’s option, in duly authorized, validly issued, fully paid and non-assessable shares of Common Stock at the Conversion Price.
Appears in 2 contracts
Samples: Exchange Agreement (Blue Calypso, Inc.), Blue Calypso, Inc.
Payment of Interest in Cash or Kind. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 8five percent (5%) % per annum, which twelve (12) months’ interest amount shall be guaranteed. All interest payments hereunder will be payable in cash, or subject to the Equity Conditions, in cash or Common Stock in the Holder’s discretion. Accrued and unpaid interest shall be due and on payable on each Conversion Date Date, prepayment date, and on the Maturity Date, or as otherwise set forth herein.
Appears in 2 contracts
Samples: Black Cactus Global, Inc., Black Cactus Global, Inc.
Payment of Interest in Cash or Kind. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note Debenture at the rate of 810% per annum, which interest amount shall be guaranteed. All interest payments hereunder will be payable in cash, or subject to the Equity Conditions, in cash or Common Stock common stock in the HolderCompany’s discretion. Accrued and unpaid interest shall be due and on payable on each Conversion Date and on the Maturity Date, or as otherwise set forth herein.
Appears in 2 contracts
Samples: Medbox, Inc., Medbox, Inc.
Payment of Interest in Cash or Kind. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 810% per annum, which half of the base interest amount shall be guaranteedguaranteed and the total amount of interest due on the Note for a period of six (6) months shall be deemed earned as of the Original Issue Date. All interest payments hereunder will be payable in cash or Common Stock in the Holder’s discretioncash. Accrued and unpaid interest shall be due and on payable on each Conversion Date and on the Maturity Date, or as otherwise set forth herein.
Appears in 2 contracts
Samples: Lifelogger Technologies Corp, Lifelogger Technologies Corp
Payment of Interest in Cash or Kind. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 8% twelve percent (12%) per annum, which interest amount shall be guaranteed. All interest payments hereunder will be payable in cash, or subject to the Equity Conditions, in cash or Common Stock in the HolderCompany’s discretion. Accrued and unpaid interest shall be due and payable on each Conversion Date Date, prepayment date, and on the Maturity Date, or as otherwise set forth herein.
Appears in 1 contract
Samples: Spectrum Global Solutions, Inc.
Payment of Interest in Cash or Kind. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 85% per annum, which nine months of interest amount shall be guaranteed. All interest payments hereunder will be payable in cash, or subject to the Equity Conditions being satisfied, in Common Stock or a combination of cash or and Common Stock in the Holder’s discretion. Accrued and unpaid interest shall be due and payable on each Conversion Date and on the Maturity Date, or as otherwise set forth herein.
Appears in 1 contract
Samples: xG TECHNOLOGY, INC.
Payment of Interest in Cash or Kind. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 810% per annum, which interest amount shall be guaranteed. All interest payments hereunder will be payable in cash, or subject to the Equity Conditions being satisfied, in cash or Common Stock in the Holder’s discretion. Accrued and unpaid interest shall be due and payable on each Conversion Date and on the Maturity Date, or as otherwise set forth herein.
Appears in 1 contract
Samples: Myecheck, Inc.
Payment of Interest in Cash or Kind. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 8% per annum, which interest amount shall be guaranteed. All interest payments hereunder will be payable in cash, or subject to the Equity Conditions in the event of a conversion, in cash or Common Stock in the Holder’s discretion. Accrued and unpaid interest shall be due and payable on each Conversion Date and on the (as to that principal amount then being converted), Prepayment Date (as to that principal amount then being prepaid), and/or Maturity Date, or as otherwise set forth herein.
Appears in 1 contract
Samples: Avant Diagnostics, Inc
Payment of Interest in Cash or Kind. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 810% per annum, which interest amount shall be guaranteed. All interest payments hereunder will be payable in cash, or subject to the Equity Conditions, in cash or Common Stock in the HolderCompany’s discretion. Accrued and unpaid interest shall be due and on payable on each Conversion Date Date, prepayment date, and on the Maturity Date, or as otherwise set forth herein.
Appears in 1 contract
Samples: Guided Therapeutics Inc
Payment of Interest in Cash or Kind. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 810% per annum, which interest amount shall be guaranteed. All interest payments hereunder will be payable in cash, or subject to the Equity Conditions, in cash or Common Stock in the HolderCompany’s discretion. Accrued and unpaid interest shall be due and payable on each Conversion Date and on the Maturity Date, or as otherwise set forth herein.
Appears in 1 contract
Samples: CLS Holdings USA, Inc.
Payment of Interest in Cash or Kind. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 86% per annum, which interest amount shall be guaranteed. All interest payments hereunder will be payable annually in cash or Common Stock in arrears on each anniversary of the Holder’s discretion. Accrued and unpaid interest shall be due and payable Issue Date, on each Conversion Date (as to that principal amount then being converted), and on the Maturity DateDate in cash or, at the Holder’s option, in shares of the Company’s Common Stock at the Conversion Price, or as otherwise set forth hereina combination thereof.
Appears in 1 contract
Samples: U.S. Rare Earths, Inc
Payment of Interest in Cash or Kind. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 810% per annum, which interest amount shall be guaranteed. All interest payments hereunder will be payable in cash or Common Stock in the Holder’s discretion. Accrued and unpaid interest shall be due and payable on each Conversion Date and on the Maturity Date, or as otherwise set forth herein.
Appears in 1 contract
Samples: Premier Biomedical Inc
Payment of Interest in Cash or Kind. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 810% per annum, which interest amount shall be guaranteed. All interest payments hereunder will be payable in cash, or subject to the Equity Conditions, in cash or Common Stock in the Holder’s discretion. Accrued and unpaid interest shall be due and payable on each Conversion Date and on the Maturity Date, or as otherwise set forth herein.
Appears in 1 contract
Samples: Growlife, Inc.
Payment of Interest in Cash or Kind. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the a rate of 812% per annum, which interest amount shall be guaranteed. All interest payments hereunder will be payable in cash, or subject to the Equity Conditions in the event of a conversion, in cash or Common Stock in the Holder’s discretion. Accrued and unpaid interest shall be due and payable on each Conversion Date and on the Date, Prepayment Date, and/or Maturity Date, or as otherwise set forth herein.
Appears in 1 contract
Samples: Avant Diagnostics, Inc
Payment of Interest in Cash or Kind. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 810% per annum, which six (6) months’ interest amount shall be guaranteed. All interest payments hereunder will be payable in cash or Common Stock in the Holder’s discretion. Accrued and unpaid interest shall be due and , payable on each Conversion Date (as to that principal amount then being converted) and on the Maturity DateDate in cash or, or at the Holder’s option as otherwise set forth hereinin the Notice of Conversion, in duly authorized, validly issued, fully paid and non-assessable shares of Common Stock or a combination thereof.
Appears in 1 contract
Samples: Mobiquity Technologies, Inc.
Payment of Interest in Cash or Kind. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 85% per annum, which interest amount shall be guaranteed. All interest payments hereunder will be payable in cash, or subject to the Equity Conditions being satisfied, in Common Stock or a combination of cash or and Common Stock in the Holder’s discretion. Accrued and unpaid interest shall be due and payable on each Conversion Date and on the Maturity Date, or as otherwise set forth herein.
Appears in 1 contract
Samples: xG TECHNOLOGY, INC.
Payment of Interest in Cash or Kind. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 812% per annum, of which twelve (12) months’ interest amount shall be guaranteed. All interest payments hereunder will be payable in cash or Common Stock in the Holder’s discretion. Accrued and unpaid interest shall be due and , payable on each Conversion Date (as to that principal amount then being converted) and on the Maturity DateDate in cash or, at the Holder’s option, in duly authorized, validly issued, fully paid and non-assessable shares of Common Stock or as otherwise set forth hereina combination thereof; provided that the Equity Conditions are satisfied at such time.
Appears in 1 contract
Samples: Terra Tech Corp.
Payment of Interest in Cash or Kind. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 810% per annum, which interest amount shall be guaranteed. All interest payments hereunder will be payable in cash or Common Stock in cash, and/or converted into common stock of the Company by the Holder, in Xxxxxx’s sole discretion. Accrued and unpaid interest shall be due and on payable on each Conversion Date and on the Maturity Date, or as otherwise set forth herein.. Notwithstanding anything to the contrary contained herein, the Company
Appears in 1 contract
Samples: Axiom Corp.
Payment of Interest in Cash or Kind. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 810% per annum, which interest amount shall be guaranteed. All interest payments hereunder will be payable in cash, or subject to the Equity Conditions, in cash or Common Stock in the HolderCompany’s discretion. Accrued and unpaid interest shall be due and on payable on each Conversion Date and on the Maturity Date, or as otherwise set forth herein.
Appears in 1 contract
Samples: Ascent Solar Technologies, Inc.
Payment of Interest in Cash or Kind. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 810% per annum, which interest amount shall be guaranteed. All interest payments hereunder will be payable in cash or Common Stock in the Holder’s discretion. Accrued and unpaid interest shall be due and payable on each Conversion Date and on the Maturity Date, or as otherwise set forth herein.
Appears in 1 contract
Samples: Grow Solutions Holdings, Inc.
Payment of Interest in Cash or Kind. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 85% per annum, which twelve (12) months' interest amount shall be guaranteed. All interest payments hereunder will be payable in cash or Common Stock in guaranteed from the Holder’s discretion. Accrued and unpaid interest shall be due and date of issuance, payable on each Conversion Date (as to that principal amount then being converted) and on the Maturity DateDate in cash or, at the Company's option, in duly authorized, validly issued, fully paid and non-assessable shares of Common Stock or as otherwise set forth hereina combination thereof.
Appears in 1 contract
Samples: Cardiff International Inc
Payment of Interest in Cash or Kind. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 8% per annum, which interest amount shall be guaranteed. All interest payments hereunder will be payable in cash, or subject to the Equity Conditions in the event of a conversion, in cash or Common Stock in the Holder’s 's discretion. Accrued and unpaid interest shall be due and payable on each Conversion Date and on the Date, Prepayment Date, and/or Maturity Date, or as otherwise set forth herein.
Appears in 1 contract
Samples: Avant Diagnostics, Inc