3Delivery. At the Closing and each Additional Closing (i) each Purchaser shall deliver to the Company a check or wire transfer funds in the amount of such Purchaser's Loan Amount; and (ii) the Company shall issue and deliver to each Purchaser a Note in favor of such Purchaser payable in the principal amount of such Purchaser's Loan Amount.
Appears in 2 contracts
Sources: Convertible Promissory Note Purchase Agreement (New Jersey Mining Co), Convertible Promissory Note Purchase Agreement (New Jersey Mining Co)