Common use of Purchase and Sale of the Note Clause in Contracts

Purchase and Sale of the Note. In reliance upon the representations of the Company contained in Section 1.6 and of the representations of the Lender contained in Section 1.7, and subject to the terms and conditions set forth herein, the Company shall issue to the Lender the Note and the Lender shall lend to the Company at the Closings (as defined in Section 1.4) up to the maximum aggregate principal amount of Five Million United States Dollars (US$5,000,000) (the "Maximum Loan Commitment Amount").

Appears in 4 contracts

Samples: Note Purchase Agreement (Genesisintermedia Com Inc), Note Purchase Agreement (Genesisintermedia Com Inc), Note Purchase Agreement (Genesisintermedia Com Inc)

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Purchase and Sale of the Note. In reliance upon the representations of the Company contained in Section 1.6 and of the representations of the Lender contained in Section 1.7, and subject to the terms and conditions set forth herein, the Company shall issue to the Lender the Note and the Lender shall lend to the Company at the Closings (as defined in Section 1.4) up to the maximum aggregate principal amount of Five Ten Million United States Dollars (US$5,000,00010,000,000) (the "Maximum Loan Commitment Amount").

Appears in 1 contract

Samples: Note Purchase Agreement (Genesisintermedia Com Inc)

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Purchase and Sale of the Note. In reliance upon the representations of the Company contained in Section 1.6 and of the representations of the Lender contained in Section 1.7, and subject to the terms and conditions set forth herein, the Company shall issue to the Lender the Note and the Lender shall lend to the Company at the Closings (as defined in Section 1.4) up to the maximum aggregate principal amount of Five Six Million United States Dollars (US$5,000,0006,000,000) (the "Maximum Loan Commitment Amount").

Appears in 1 contract

Samples: Note Purchase Agreement (Genesisintermedia Com Inc)

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