Common use of Mandatory Prepayment Clause in Contracts

Mandatory Prepayment. (i) Upon the occurrence of an Event of Default (as defined in Section 5), the outstanding principal of and all accrued interest on this Senior Convertible Note shall be accelerated and shall automatically become immediately due and payable, without presentment, demand, protest or notice of any kind, all of which are expressly waived by the Payor, notwithstanding anything contained herein to the contrary.

Mandatory Prepayment. (i) Upon the occurrence of an Event of Default (as defined in under Section 53(d) or (e)), the outstanding principal of and all accrued interest on this Senior Convertible Note shall be accelerated and shall automatically become immediately due and payable, without presentment, demand, protest or notice of any kind, all of which are expressly waived by the Payor, notwithstanding anything contained herein to the contrary.

Mandatory Prepayment. (i) Upon the occurrence of an Event of Default (as defined in under Section 56 (d) or (e), the outstanding principal of and all accrued interest on this Senior Subordinated Convertible Note shall be accelerated and shall automatically become immediately due and payable, without presentment, demand, protest or notice of any kind, all of which are expressly waived by the Payor, notwithstanding anything contained herein to the contrary.

Mandatory Prepayment. (i) Upon the occurrence of an Event of Default (as defined in Section 56), the outstanding principal of and all accrued interest on this Senior Convertible Note shall be accelerated and shall automatically become immediately due and payable, without presentment, demand, protest or notice of any kind, all of which are expressly waived by the PayorMaker, notwithstanding anything contained herein to the contrary.

Mandatory Prepayment. (i) Upon the occurrence of an Event of Default (as defined in under Section 56(d) or (e)), the outstanding principal of and all accrued interest on this Senior Subordinated Convertible Note shall be accelerated and shall automatically become immediately due and payable, without presentment, demand, protest or notice of any kind, all of which are expressly waived by the Payor, notwithstanding anything contained herein to the contrary.