Company: BDRX
Filing Date: 2025-01-08
Form Type: 424B3
Source: 0001214659-25-000303
Chunk: 97

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-01-08
Form: 424B3
Chunk 97
---
 Installment Date (collectively, the “”). The Repayment Schedule may be modified from time to time upon mutual consent.

(d) .
Whenever any payment or other obligation hereunder shall be due on a day other than a Business Day, such payment shall be made on the
next succeeding Business Day.

(e) . The
Company may prepay at any time and from time to time, in whole or in part, the outstanding Principal balance and accrued interest on the
Principal amount being prepaid to the date of repayment without premium or penalty. For the avoidance of doubt, any amount prepaid shall
reduce the outstanding Installment Amount due on such Installment Date immediately following the prepayment.

(2) .

(a) An “”, wherever used herein, means any one of the following events (whatever the reason and whether it shall be voluntary
or involuntary or effected by operation of law or pursuant to any judgment, decree or order of any court, or any order, rule or regulation
of any administrative or governmental body):

(i) the Company’s
failure to pay to the Holder any amount of (x) Principal or Interest when and as due under this Note or (y) other amounts owing under
this Note within five (5) Business Days of when due;

(ii) The Company
or any Subsidiary of the Company shall commence, or there shall be commenced against the Company or any Subsidiary of the Company under
any applicable bankruptcy or insolvency laws as now or hereafter in effect or any successor thereto, or the Company or any Subsidiary
of the Company commences any other proceeding under any reorganization, arrangement, adjustment of debt, relief of debtors, dissolution,
insolvency or liquidation or similar law of any jurisdiction whether now or hereafter in effect relating to the Company or any Subsidiary
of the Company any such bankruptcy, insolvency or other proceeding which remains undismissed for a period of sixty one (61) days; or the
Company or any Subsidiary of the Company is adjudicated insolvent or bankrupt; or any order of relief or other order approving any such
case or proceeding is entered; or the Company or any Subsidiary of the Company suffers any appointment of any custodian, private or court
appointed receiver or the like for it or all or substantially all of its property which continues undischarged or unstayed for a period
of sixty one (61) days; or the Company or any Subsidiary of