Common use of Interest Calculations Clause in Contracts

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

Appears in 101 contracts

Samples: Securities Purchase Agreement (Corphousing Group Inc.), White River Energy Corp., Mitesco, Inc.

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Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

Appears in 34 contracts

Samples: G Medical Innovations Holdings Ltd., G Medical Innovations Holdings Ltd., G Medical Innovations Holdings Ltd.

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 (12) thirty (30) calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

Appears in 33 contracts

Samples: Security Agreement (Giga Tronics Inc), Security Agreement (Giga Tronics Inc), Permitted Indebtedness and Liens (Exactus, Inc.)

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debenture (the “Note Debenture Register”).

Appears in 29 contracts

Samples: Security Agreement (Amergent Hospitality Group, Inc), Madison Technologies Inc., Exchange Agreement (Notis Global, Inc.)

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 30-calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

Appears in 26 contracts

Samples: Dyadic International Inc, Fathom Holdings Inc., Terra Tech Corp.

Interest Calculations. Interest on the outstanding principal amount shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

Appears in 12 contracts

Samples: Intellinetics, Inc., Intellinetics, Inc., Bridgeline Digital, Inc.

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages interest and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

Appears in 11 contracts

Samples: Drinks Americas Holdings, LTD, Drinks Americas Holdings, LTD, Drinks Americas Holdings, LTD

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the "Note Register").

Appears in 10 contracts

Samples: Greenhouse Solutions, Inc., Avant Diagnostics, Inc, Premier Biomedical Inc

Interest Calculations. Interest on the outstanding principal amount shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment or conversion in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

Appears in 8 contracts

Samples: NewBridge Global Ventures, Inc., Intellinetics, Inc., Intellinetics, Inc.

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar (12) thirty (30)-calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

Appears in 7 contracts

Samples: GlyEco, Inc., GlyEco, Inc., GlyEco, Inc.

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

Appears in 6 contracts

Samples: Share Exchange Agreement (DPW Holdings, Inc.), Share Exchange Agreement (Avalanche International, Corp.), Security Agreement (Authentidate Holding Corp)

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, year and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principalprincipal sum, together with all accrued and unpaid interest, liquidated damages interest and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debentures (the “Note "Debenture Register").

Appears in 6 contracts

Samples: Western Power & Equipment Corp, Rapid Link Inc, Medialink Worldwide Inc

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest shall cease to accrue with respect to any principal amount converted. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

Appears in 6 contracts

Samples: Medefile International, Inc., Las Vegas Railway Express, Inc., Green PolkaDot Box Inc

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, year and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principalprincipal sum, together with all accrued and unpaid interest, liquidated damages interest and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debentures (the “Note Debenture Register”).

Appears in 6 contracts

Samples: Securities Purchase Agreement (Hartville Group Inc), Zone Mining LTD, Uni-Pixel

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until the date of payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

Appears in 5 contracts

Samples: Smart for Life, Inc., Smart for Life, Inc., Smart for Life, Inc.

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue and compound daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

Appears in 5 contracts

Samples: THC Therapeutics, Inc., YayYo, Inc., Amarantus Bioscience Holdings, Inc.

Interest Calculations. Interest shall be calculated on the basis of a 360365/366-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages interest and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

Appears in 4 contracts

Samples: Ayala Pharmaceuticals, Inc., Ayala Pharmaceuticals, Inc., Ayala Pharmaceuticals, Inc.

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages interest and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debenture (the “Note Debenture Register”).

Appears in 4 contracts

Samples: CrowdGather, Inc., CrowdGather, Inc., CrowdGather, Inc.

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, year and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principalprincipal sum, together with all accrued and unpaid interest, liquidated damages interest and other amounts which may become due hereunder, has been made. Interest shall be compounded monthly. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note Notes (the “Note Register”).

Appears in 4 contracts

Samples: U.S. Aerospace, Inc., U.S. Aerospace, Inc., U.S. Aerospace, Inc.

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 (12) thirty (30) calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company Companies regarding registration and transfers of this Note (the “Note Register”).

Appears in 4 contracts

Samples: Notis Global, Inc., Notis Global, Inc., Notis Global, Inc.

Interest Calculations. Interest shall be calculated on the basis of a 360365-day year, consisting of twelve 30 calendar day periods, year and actual days elapsed and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debenture (the “Note Debenture Register”).

Appears in 4 contracts

Samples: Visualant Inc, Visualant Inc, Visualant Inc

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date January 1, 2013 until payment in full of the outstanding principal, principal together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, interest has been made. Interest shall cease to accrue with respect to any principal amount converted. Interest hereunder will be paid to the Person person or entity in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”)Company.

Appears in 3 contracts

Samples: Second Note Amendment Agreement (Magnolia Solar Corp), Second Note Amendment Agreement (Magnolia Solar Corp), Second Note Amendment Agreement (Magnolia Solar Corp)

Interest Calculations. Interest shall be calculated on the basis of a 360-day three hundred sixty (360)-day year, consisting of twelve 30 (12) thirty (30) calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principalPrincipal Amount, together with all accrued and unpaid interest, liquidated damages interest and other amounts which may become due hereunder, has been mademade or until such Principal Amount and interest have been duly converted. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”)Note.

Appears in 3 contracts

Samples: Know Labs, Inc., assets2.flashfunders.com, Know Labs, Inc.

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, year and actual days elapsed and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

Appears in 3 contracts

Samples: ARJ Consulting, LLC, Verus International, Inc., Verus International, Inc.

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debenture (the “Note Debenture Register”).

Appears in 3 contracts

Samples: Securities Amendment Agreement (Emmaus Life Sciences, Inc.), Guided Therapeutics Inc, Emmaus Life Sciences, Inc.

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 (12) thirty (30) calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

Appears in 3 contracts

Samples: Giga Tronics Inc, Ault Alliance, Inc., Giga Tronics Inc

Interest Calculations. Interest shall be calculated on the basis of a 360365-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debenture (the “Note Debenture Register”).

Appears in 3 contracts

Samples: Pet Airways Inc., American Antiquities, Inc., China North East Petroleum Holdings LTD

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principalPrincipal Amount, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debenture (the “Note Debenture Register”).

Appears in 2 contracts

Samples: Securities Purchase Agreement (NewCardio, Inc.), Security Agreement (NewCardio, Inc.)

Interest Calculations. Interest Unless otherwise provided under this Debenture, interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

Appears in 2 contracts

Samples: Vaccinex, Inc., Vaccinex, Inc.

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, year and shall accrue daily commencing on the Original Issue Date respective dates set forth in Section 1(a), as applicable, until payment in full of the outstanding principal, together with all any then unpaid and accrued and unpaid interest, liquidated damages interest and other amounts which may become due payable hereunder, has been made. Interest hereunder will shall be paid to the Person in whose name this Note is registered on the records of the Company regarding registration ownership and transfers of this Note (the “Note Register”).

Appears in 2 contracts

Samples: Nuburu, Inc., Seldin David

Interest Calculations. Interest shall be calculated on the basis of a 360-day three hundred sixty (360)-day year, consisting of twelve 30 (12) thirty (30) calendar day periods, and shall accrue daily commencing on the Original Issue Date Date, until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages interest and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

Appears in 2 contracts

Samples: Vape Holdings, Inc., Vape Holdings, Inc.

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periodsyear and actual days elapsed, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person person or entity in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”)Note.

Appears in 2 contracts

Samples: Green Ballast, Inc., Green Ballast, Inc.

Interest Calculations. Interest shall be calculated on the basis of a 360365-day year, consisting of twelve 30 calendar day periods, year and actual days elapsed and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debenture (the “Note "Debenture Register").

Appears in 2 contracts

Samples: Debt Purchase Agreement (Titan Iron Ore Corp.), Debt Purchase Agreement (Titan Iron Ore Corp.)

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date January 1, 2012 until payment in full of the outstanding principal, principal together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, interest has been made. Interest shall cease to accrue with respect to any principal amount converted. Interest hereunder will be paid to the Person person or entity in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”)Company.

Appears in 2 contracts

Samples: Second Note Amendment Agreement (Magnolia Solar Corp), Note Amendment Agreement (Magnolia Solar Corp)

Interest Calculations. Interest shall be calculated on the basis of a three-hundred and sixty (360-) day year, consisting of twelve 30 (12) thirty (30) calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment the conversion in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

Appears in 2 contracts

Samples: UAS Drone Corp., UAS Drone Corp.

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 (12) thirty (30) calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, the Make-Whole Amount, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

Appears in 2 contracts

Samples: Avalanche International, Corp., Avalanche International, Corp.

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debenture (the “Note Debenture Register”).

Appears in 2 contracts

Samples: Synthesis Energy Systems Inc, Synthesis Energy Systems Inc

Interest Calculations. Interest shall be calculated on the basis of a 360365-day year, consisting of twelve 30 actual calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

Appears in 2 contracts

Samples: Avant Diagnostics, Inc, Avant Diagnostics, Inc

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

Appears in 2 contracts

Samples: Cachet Financial Solutions, Inc., Cachet Financial Solutions, Inc.

Interest Calculations. Interest shall be calculated on the basis of a 360-day three hundred sixty (360)-day year, consisting of twelve 30 (12) thirty (30) calendar day periods, and shall accrue daily commencing on the Original Issue Date Date, until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages interest and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the "Note Register").

Appears in 2 contracts

Samples: Vape Holdings, Inc., Vape Holdings, Inc.

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principalprincipal amount of this Note, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

Appears in 2 contracts

Samples: Alpha Healthcare Acquisition Corp Iii, Alpha Healthcare Acquisition Corp Iii

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, year and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principalprincipal sum, together with all accrued and unpaid interest, liquidated damages interest and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debenture (the “Note Debenture Register”).

Appears in 2 contracts

Samples: Advanced Cell Technology, Inc., Advanced Cell Technology, Inc.

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily quarterly commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

Appears in 1 contract

Samples: Oz Rey LLC

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting year and the actual number of twelve 30 calendar day periodsdays elapsed, and shall accrue daily commencing on the Original Issue Date May __, 2016, until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debenture (the “Note Debenture Register”).

Appears in 1 contract

Samples: Intercloud Systems, Inc.

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar calendar-day periods, periods and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debenture (the “Note Debenture Register”).

Appears in 1 contract

Samples: Teton Energy Corp

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date date of the Event of Default until the earlier of payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made, or the cure of the Event of Default. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debenture (the “Note "Debenture Register").

Appears in 1 contract

Samples: Stevia Corp

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Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar (12) thirty (30) day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

Appears in 1 contract

Samples: DPW Holdings, Inc.

Interest Calculations. Interest shall be calculated on the basis of a 360-day three hundred sixty (360)-day year, consisting of twelve 30 (12) thirty (30) calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages interest and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”)Note.

Appears in 1 contract

Samples: Saleen Automotive, Inc.

Interest Calculations. Interest Interest, if applicable, shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date any day that a Registration Default is pending until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

Appears in 1 contract

Samples: Note Purchase Agreement (Property Solutions Acquisition Corp.)

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principalprincipal sum, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debenture (the “Note "Debenture Register").

Appears in 1 contract

Samples: Amendment Agreement (Telanetix,Inc)

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting year and for the actual number of twelve 30 calendar day periods, and shall accrue daily days elapsed commencing on the Original Issue Date until payment in full of the outstanding principalprincipal sum, together with all accrued and unpaid interest, liquidated damages interest and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debenture (the “Note Debenture Register”).

Appears in 1 contract

Samples: DSL Net Inc

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting year and the actual number of twelve 30 calendar day periodsdays elapsed, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

Appears in 1 contract

Samples: Securities Purchase Agreement (Mullen Automotive Inc.)

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages interest and other amounts which may become due hereunder, has been made. Interest shall cease to accrue with respect to any principal amount converted. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debenture (the “Note Debenture Register”).

Appears in 1 contract

Samples: Apollo Endosurgery, Inc.

Interest Calculations. Interest shall be calculated on the basis of a 360365-day year, consisting of twelve 30 calendar day periods, year and actual days elapsed and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

Appears in 1 contract

Samples: Fuel Performance Solutions, Inc.

Interest Calculations. Interest shall be calculated on the basis of a 360365-day year, consisting of twelve 30 calendar day periods, year and actual days elapsed and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the "Note Register"). For the avoidance of doubt, the interest on this Note shall be simple interest and shall not compound.

Appears in 1 contract

Samples: Fuel Performance Solutions, Inc.

Interest Calculations. Interest shall be calculated on the basis of a 360-day three hundred sixty five (365)-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principalPrincipal Amount, together with all accrued and unpaid interest, liquidated damages interest and other amounts which may become due hereunder, has been mademade or until such Principal Amount and interest have been duly converted. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”)Note.

Appears in 1 contract

Samples: Ammo, Inc.

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interestInterest, liquidated damages and other amounts which may become due hereunder, has been made. Interest shall cease to accrue with respect to any principal amount converted. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

Appears in 1 contract

Samples: Note and Loan Agreement (Green PolkaDot Box Inc)

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”)Holder.

Appears in 1 contract

Samples: Security Agreement (Straight Path Communications Inc.)

Interest Calculations. Interest shall be calculated on the basis of a 360365-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

Appears in 1 contract

Samples: Avant Diagnostics, Inc

Interest Calculations. Interest shall be calculated on the basis of a 360365-day year, consisting of twelve 30 calendar day periodsyear and actual days elapsed, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

Appears in 1 contract

Samples: Green Ballast, Inc.

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periodsyear and actual days elapsed, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

Appears in 1 contract

Samples: Green Ballast, Inc.

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 (12) thirty (30) calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

Appears in 1 contract

Samples: Intercloud Systems, Inc.

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid shall cease to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”)accrue with respect to any principal amount converted.

Appears in 1 contract

Samples: Intercloud Systems, Inc.

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date date of issue of this Note until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

Appears in 1 contract

Samples: Cellectar Biosciences, Inc.

Interest Calculations. Interest shall be calculated on the basis of a 360-day three hundred sixty (360)-day year, consisting of twelve 30 (12) thirty (30) calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

Appears in 1 contract

Samples: Redeemable Senior Note (Treasure Global Inc)

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid shall cease to accrue with respect to any principal amount converted into Common Stock from and after the Person in whose name this Note is registered on the records date of the Company regarding registration and transfers of this Note (the “Note Register”)such conversion.

Appears in 1 contract

Samples: Intercloud Systems, Inc.

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, year and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principalprincipal sum, together with all accrued and unpaid interest, liquidated damages interest and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the registexxx xx xxe records of the Company regarding registration and transfers of this Note Debentures (the “Note "Debenture Register").

Appears in 1 contract

Samples: Intrac Inc

Interest Calculations. Interest shall be calculated on the basis of a 360365-day year, consisting year and the actual number of twelve 30 calendar day periodsdays elapsed, and shall accrue daily monthly commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages interest and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debenture (the “Note Debenture Register”).

Appears in 1 contract

Samples: Targeted Medical Pharma, Inc.

Interest Calculations. Interest shall be calculated on the basis of a 360365-day year, consisting of twelve 30 calendar day periods, year and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”)Company.

Appears in 1 contract

Samples: SILC Holdings LLC

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, year and shall accrue daily commencing on the 91st day following the Original Issue Date until payment in full of the outstanding principalprincipal sum, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debenture (the “Note Debenture Register”).

Appears in 1 contract

Samples: HyperSpace Communications, Inc.

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar 12 30-day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages interest and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

Appears in 1 contract

Samples: AtheroNova Inc.

Interest Calculations. Interest Unless otherwise provided under this Note, interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

Appears in 1 contract

Samples: Slinger Bag Inc.

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 thirty calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest shall cease to accrue with respect to any principal amount converted. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

Appears in 1 contract

Samples: Securities Purchase Agreement (Protalex Inc)

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, year and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principalprincipal sum or conversion of this Note in full, together with all accrued and unpaid interest, liquidated damages interest and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note Notes (the “Note Register”).

Appears in 1 contract

Samples: Vistula Communications Services, Inc.

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 30-calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the "Note Register").

Appears in 1 contract

Samples: Terra Tech Corp.

Interest Calculations. Interest shall be calculated on the basis of a 360-day year, consisting year and the actual number of twelve 30 calendar day periodsdays elapsed, and shall accrue daily commencing on the Original Issue Date daily, until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note Debenture is registered on the records of the Company regarding registration and transfers of this Note Debenture (the “Note Debenture Register”).

Appears in 1 contract

Samples: Intercloud Systems, Inc.

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