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 Debenture at the rate of 10% per annum, payable on the Maturity Date in cash or, with the written consent of the Holder, in an equivalent value in shares of Common Stock of the Company based upon a $0.05 / share price.

Payment of Interest in Cash. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Debenture at the rate of 108% per annum, payable on each Conversion Date (as to that principal amount then being converted), and on the Maturity Date Date, solely in cash or, with the written consent of the Holder, in an equivalent value in shares of Common Stock of the Company based upon a $0.05 / share priceCompany.

Payment of Interest in Cash. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Debenture Note at the rate of 106% per annum, payable on each Conversion Date (as to that principal amount then being converted) and on the Maturity Date in cash or, with the written consent of at the Holder’s option, in an equivalent value in duly authorized, validly issued, fully paid and non-assessable shares of Common Stock of the Company based upon or a $0.05 / share pricecombination thereof.

Payment of Interest in Cash. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Debenture at the rate of 1012% per annum, payable on the Maturity Date in cash or, with the written consent of the Holder, in an equivalent value in shares of Common Stock of the Company based upon a $0.05 / share priceDate.

Payment of Interest in Cash. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Debenture Note at the rate of 1012% per annum, payable on the Maturity Date in cash or, with (or at the written consent election of the Holder, in an equivalent value in shares of Common Stock of Conversion Shares at the Company based upon a $0.05 / share priceConversion Price).

Payment of Interest in Cash. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Debenture Note at the rate of 10% twelve (12%) percent per annum, payable on the Maturity Date in cash or, with (or at the written consent election of the Holder, in an equivalent value in shares of Common Stock of Conversion Shares at the Company based upon a $0.05 / share priceConversion Price).