Common use of Payment of Interest in Cash Clause in Contracts

Payment of Interest in Cash. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 5% per annum. All interest payments hereunder will be payable in cash. Accrued and unpaid interest shall be due on payable on the Maturity Date, or as otherwise set forth herein.

Appears in 3 contracts

Samples: Mphase Technologies Inc, Mphase Technologies Inc, SurgePays, Inc.

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Payment of Interest in Cash. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 512.5% per annum. All interest payments hereunder will be payable in cash. Accrued and unpaid interest shall be due on payable on the Maturity Date, or as otherwise set forth herein.

Appears in 2 contracts

Samples: PetVivo Holdings, Inc., ComSovereign Holding Corp.

Payment of Interest in Cash. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 510% per annum. All interest payments hereunder will be payable in cash. Accrued and unpaid interest shall be due on payable on the Maturity Date, or as otherwise set forth herein.

Appears in 2 contracts

Samples: Mitesco, Inc., Mitesco, Inc.

Payment of Interest in Cash. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of five percent (5% %) per annum. All interest payments hereunder will be payable in cash. Accrued and unpaid interest shall be due on payable on the Maturity Date, or as otherwise set forth herein.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Corphousing Group Inc.), Luxurban Hotels Inc.

Payment of Interest in Cash. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 512% per annum. All interest payments hereunder will be payable in cash. Accrued and unpaid interest shall be due on payable on the Maturity Date, or as otherwise set forth herein.

Appears in 2 contracts

Samples: MDNA Life Sciences, Inc., MDNA Life Sciences, Inc.

Payment of Interest in Cash. The Company shall pay interest to the Holder on the aggregate then unconverted and then outstanding principal amount of this Note at the rate of 5% per annum. All interest payments hereunder will be payable in cash. Accrued and unpaid interest shall be due on , payable on the Maturity Date, or as otherwise set forth hereinin cash.

Appears in 2 contracts

Samples: Elio Motors, Inc., Elio Motors, Inc.

Payment of Interest in Cash. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 512% per annum. All interest payments hereunder will be , compounded quarterly, subject to adjustment as set forth herein, payable in cash. Accrued and unpaid interest shall be due on payable cash on the Maturity Date, Date or as otherwise set forth hereinearlier date of payment.

Appears in 1 contract

Samples: Pegasi Energy Resources Corporation.

Payment of Interest in Cash. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 512% per annum. All interest payments hereunder will be , payable in cash. Accrued and unpaid interest shall be due on payable cash on the Maturity Date, or except as otherwise set forth hereinprovided.

Appears in 1 contract

Samples: Actiga Corp

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Payment of Interest in Cash. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 510% per annum. All interest payments hereunder will be payable in cash. Accrued and unpaid interest shall be due on payable on the Maturity Date, or as otherwise set forth herein.

Appears in 1 contract

Samples: EVmo, Inc.

Payment of Interest in Cash. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 55.0% per annum. All interest payments hereunder will be payable in cash. Accrued and unpaid interest shall be due on payable on the Maturity Date, or as otherwise set forth herein.

Appears in 1 contract

Samples: ComSovereign Holding Corp.

Payment of Interest in Cash. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 513.0% per annum. All interest payments hereunder will be payable in cash. Accrued and unpaid interest shall be due on payable on the Maturity Date, or as otherwise set forth herein.

Appears in 1 contract

Samples: Cell Source, Inc.

Payment of Interest in Cash. The Company shall pay interest to the Holder on the aggregate then unconverted and then outstanding principal amount of this Note at the rate of five percent (5% %) per annum. All interest payments hereunder will be payable in cash. Accrued and unpaid interest shall be due on , payable on the Maturity Date, or as otherwise set forth hereinin cash.

Appears in 1 contract

Samples: Elio Motors, Inc.

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