Company: BDRX
Filing Date: 2025-01-08
Form Type: 424B3
Source: 0001214659-25-000306
Chunk: 98

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-01-08
Form: 424B3
Chunk 98
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 U and X the Federal Reserve Board, as in effect from time to time
and all official rulings and interpretations thereunder or thereof), or to extend credit to others for the purpose of purchasing or carrying
margin stock or to refund indebtedness originally incurred for such purpose; or

(ix) Any Event of
Default (as defined in any Other Notes or in any Transaction Document other than this Note) occurs with respect to any Other Notes, or
any breach of any material term of any other debenture, note, or instrument held by the Holder in the Company or any agreement between
or among the Company and the Holder resulting in a right by the Holder to accelerate the maturity of such indebtedness in an amount in
excess of $100,000; or

(x) The Company
shall fail to observe or perform any material covenant, agreement or warranty contained in, or otherwise commit any material breach or
default of any provision of this Note (except as may be covered by Section (2)(a)(i) through (2)(a)(x) hereof) or any other Transaction
Document, which is not cured or remedied within the time prescribed therein, or if no time is prescribed, withing ten (10) Business Days.

(b) During the time that any
portion of this Note is outstanding, if any Event of Default has occurred and is continuing, (other than an event with respect to the
Company described in Section (2)(a)(ii)), the full unpaid Principal amount of this Note, together with interest and other amounts owing
in respect thereof, to the date of acceleration shall become at the Holder’s election given by notice pursuant to Section (4), immediately
due and payable in cash; provided that, in the case of any event with respect to the Company described in Section (2)(a)(ii), the full
unpaid Principal amount of this Note, together with interest and other amounts owing in respect thereof to the date of acceleration, shall
automatically become due and payable, in each case without presentment, demand, protest or other notice of any kind, all of which are
hereby waived by the Company. The Holder need not provide and the Company hereby waives any presentment, demand, protest or other notice
of any kind, and the Holder may immediately enforce any and all of its rights and remedies hereunder and all other remedies available
to it under applicable law. Such declaration may be rescinded and annulled by the Holder in writing at any time prior