Prepayment Option. The Company may prepay in cash all or any portion of the outstanding principal amount of this Note, without penalty, on the 10th day following written notice to the Holder (the “Redemption Date”). The Holder shall have the right to convert any outstanding Principal or Interest in accordance with Article II hereof up until the Redemption Date.
Appears in 3 contracts
Samples: SKM Media Corp., Piper Acquisition II, Inc., Piper Acquisition II, Inc.
Prepayment Option. The Company may prepay in cash all or any portion of the outstanding principal amount of this Note, without penalty, on the 10th 30th day following written notice to the Holder (the “Redemption Date”). The Holder shall have the right to convert any outstanding Principal principal or Interest interest in accordance with Article II hereof up until the Redemption Date. If the Company elects to redeem the Notes and the Notes are not converted prior to the Redemption Date, the Company will be required to pay all remaining interest payable on the Notes had the Notes remained outstanding until the Maturity Date.
Appears in 3 contracts
Samples: STW Resources Holding Corp., STW Resources Holding Corp., STW Resources Holding Corp.
