COMMITMENT NOTE. Upon the execution of this Agreement, the Company shall issue to the Investor a $45,000 Promissory Note, maturing nine (9) months from execution, as a Commitment Note ("Commitment Note"). The Commitment Note shall be deemed earned upon the execution of this Agreement. SECTION III
COMMITMENT NOTE. As a condition for the execution of this Agreement by the Investor, the Company shall issue to the Investor a convertible note in the principal amount equal to $50,000 (the “Note”) on the Execution Date.
COMMITMENT NOTE. As a condition for the execution of this Agreement by the Investor, the Company shall issue to the Investor a note in the principal amount equal to $65,000 (the “Secured Note”) on the Execution Date.
COMMITMENT NOTE. As an inducement the Company shall issue to the Investor, a forty thousand dollar ($40,000) promissory note to offset transaction costs (“Commitment Note”). The Commitment Note shall be deemed earned upon the execution of this Agreement.
COMMITMENT NOTE. The Company shall issue to the Investor a fifty thousand dollar ($50,000) promissory note to offset transaction costs ("Commitment Note"). The Commitment Note shall be deemed earned upon the execution of this Agreement. SECTION IT INVESTOR'S REPRESENTATIONS, WARRANTIES AND COVENANTS The Investor represents and warrants to the Company, and covenants, that to the best of the Investor's knowledge:
COMMITMENT NOTE. In consideration for the Lender’s execution and delivery of this Agreement, the Borrower shall deliver to the Lender, concurrently with the execution of this Agreement, a convertible promissory note, in an amount of $500,000, in substantially the form attached hereto as Exhibit [_] (the “Commitment Note”) which note shall be convertible into shares of common stock, the “Note Shares”) on the terms and subject to the conditions set forth therein. For the avoidance of doubt, the Commitment Note and all of the Note Shares shall be fully earned as of the closing date.
COMMITMENT NOTE. In consideration for the Investor’s execution and delivery of this Agreement and the Registration Rights Agreement (the “Closing”), the Company shall deliver to the Investor, concurrently with the execution of this Agreement, a convertible promissory note, in substantially the form attached as Exhibit F (the “Commitment Note”), which note shall be convertible into shares of Common Stock (such shares of Common Stock, the “Note Shares”) on the terms and subject to the conditions set forth therein. For the avoidance of doubt, the Commitment Note and all of the Note Shares shall be fully earned as of the Closing Date, regardless of whether any Fixed Purchases, VWAP Purchases, or Additional VWAP Purchases are effected hereunder and regardless of any subsequent termination of this Agreement.
COMMITMENT NOTE. The Company shall deliver to the Purchaser a Note issued by the Company convertible into shares of Common Stock (the "Commitment Note") in the amount of 3% times the Commitment Amount, upon filing of the Registration Statement.
COMMITMENT NOTE. As a condition for the execution of this Agreement by the Investor, the Company shall issue to the Investor a convertible note in the principal amount equal to $120,000.00 (the “Note”) on the Subscription Date. During the first 180 days of the Convertible Note is in effect, the Company shall have the option to redeem this Convertible Note and pay the Investor 150% of the unpaid principal and accrued interest amount due under this Convertible Note, in full. The redemption must be be closed and paid within 3 business days of the Company sending the Investor a notice of redemption of the Convertible Note.
COMMITMENT NOTE. As a condition for the execution of this Agreement by the Investor, the Company shall issue to the Investor a convertible note in the principal amount equal to $________________ (the “Note”) on the Execution Date.
