Prepayment Procedures. (a) Any permitted prepayment or redemption of the Convertible Bridge Notes, as applicable pursuant to Sections 3.2 or 3.3 above shall be deemed to be effective and consummated (for purposes of determining the Formula Price and the time at which Purchaser shall thereafter not be entitled to deliver a Notice of Conversion for the Convertible Bridge Notes) as follows:
Appears in 2 contracts
Samples: Securities Purchase Agreement (Titan Iron Ore Corp.), Securities Purchase Agreement (3dicon Corp)
Prepayment Procedures. (a) Any permitted prepayment or redemption of the Convertible Bridge Notes, as applicable Note pursuant to Sections 3.2 or 3.3 Section 3.4 above shall be deemed to be effective and consummated (for purposes of determining the Formula Price and the time at which Purchaser shall thereafter not be entitled to deliver a Notice of Conversion for the Convertible Bridge Notes) as follows:
Appears in 1 contract
Samples: Securities Purchase Agreement (Directplacement Inc)
