PAYMENT OF PENALTIES. Any accrued penalties incurred herein by the Company for failure to act in a timely manner, as described in this Agreement, shall be charged to the Face Amount of the Debenture (as defined in the Debenture), unless specifically noted otherwise. The Holder reserves the rights to take Payment of Penalties in cash or in Common Stock priced at the Conversion Price (as defined in the Debenture Agreement). * * *
Appears in 5 contracts
Samples: Preferred Stock Registration Rights Agreement (Naturewell Inc), Debenture Registration Rights Agreement (Execute Sports Inc), Debenture Registration Rights Agreement (Enigma Software Group, Inc)
PAYMENT OF PENALTIES. Any accrued penalties incurred herein by the Company for failure to act in a timely manner, as described in this Agreement, shall be charged to the Face Amount of the Debenture (as defined in the Debenture), unless specifically noted otherwise. The Holder reserves the rights to take Payment of Penalties in cash or in Common Stock priced at the Conversion Price (as defined in the Debenture Agreement). * * *.
Appears in 4 contracts
Samples: Debenture Registration Rights Agreement (Union Dental Holdings, Inc.), Debenture Registration Rights Agreement (Network Installation Corp), Debenture Registration Rights Agreement (Securac Corp)
PAYMENT OF PENALTIES. Any accrued penalties incurred herein by the Company for failure to act in a timely manner, as described in this Agreement, shall be charged to the Face Amount of the Debenture (as defined in the Debenture), unless specifically noted otherwise. The Holder reserves the rights to take Payment of Penalties in cash or in Common Stock priced at the Fixed Conversion Price (as defined in the Debenture Agreement). * * *.
Appears in 3 contracts
Samples: Debenture Registration Rights Agreement (Walker Financial Corp), Debenture Registration Rights Agreement (Locateplus Holdings Corp), Debenture Registration Rights Agreement (Hybrid Fuel Systems)
PAYMENT OF PENALTIES. Any accrued penalties incurred herein by the Company for failure to act in a timely manner, as described in this Agreement, shall be charged to the Face Amount of the Debenture (as defined in the Debenture), unless specifically noted otherwise. The Holder reserves the rights to take Payment of Penalties in cash or in Common Stock priced at the Fixed Conversion Price (as defined in the Debenture Agreement). * * *
Appears in 2 contracts
Samples: Debenture Registration Rights Agreement (Eagle Broadband Inc), Debenture Registration Rights Agreement (Eagle Broadband Inc)
PAYMENT OF PENALTIES. Any accrued penalties incurred herein by the Company for failure to act in a timely manner, as described in this Agreement, shall be charged to the Face Amount of the Debenture (as defined in the Debenture), unless specifically noted otherwise. The Holder reserves the rights to take Payment of Penalties in cash or in Common Stock priced at the Conversion Price (as defined in the Debenture Agreement). * * *.
Appears in 1 contract
Samples: Debenture Registration Rights Agreement (Locateplus Holdings Corp)
