Amount and Terms of the Note Sample Clauses

Amount and Terms of the Note. Subject to the terms of this Agreement, at the Closing (as defined below) the Company agrees to issue and sell to the Purchaser, and the Purchaser agrees to purchase from the Company, a secured convertible promissory note in the form attached to this Agreement as Exhibit A (the “Note”) in the principal amount set forth on the Purchaser’s signature page hereto (the “Loan Amount”). The principal amount of all Note shall be Fifty-Five Thousand Dollars ($55,000).
Sample 1
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Amount and Terms of the Note. Subject to the terms and conditions of this Agreement, the Company agrees to and does issue, sell and deliver to Purchaser, and Purchaser agrees to and hereby does purchase from the Company in the full amount set forth in the Note (the “Principal Balance”), a Note in the form attached hereto as Exhibit 1, to be signed by the Company and made payable in the amount of the Principal Balance plus Interest as set forth in the Note. Purchaser’s obligation hereunder is unconditional, without limitation, and is not conditioned on the issue and sale of any other Notes to any other person or entity.
Sample 1
Amount and Terms of the Note. 1.1 The Note and Warrant at the Initial Closing. Subject to the terms of this Agreement, the Purchaser hereby agrees to purchase at the Initial Closing from the Company and the Company agrees to sell and issue to the Purchaser a Note in the principal amount set forth on Schedule 1 opposite the Purchaser’s name against the issuance and delivery by the Company of such Note and a Warrant to purchase that number of shares of Common Stock indicated with respect to the Purchaser on Schedule 1.
Sample 1
Amount and Terms of the Note. Subject to the terms and conditions of this Agreement, the Company agrees to sell and issue to Investor and Investor agrees to purchase from the Company a secured promissory Note in the form of note attached hereto as Exhibit A (as amended, restated, supplemented or otherwise modified from time to time, the (“Note”) in the aggregate principal amount equal to Two Million Dollars ($2,000,000.00) (the “Aggregate Commitment”). The Note shall not be issued at a discount.
Sample 1
Amount and Terms of the Note 
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Related to Amount and Terms of the Note

  • Amount and Terms of Loan The Borrower agrees to borrow from IREDA and IREDA agrees to lend to the Borrower, on the terms and conditions contained herein as also in the General Conditions, the sum mentioned in Schedule-I amounting to Rs. lakhs (Rupees only). The said sum is hereinafter referred to as "the Loan".

  • Amount and Terms of the Loans 2.1 Commitments 25 2.2 Borrowings 26 2.3 Disbursements; Funding Reliance; Domicile of Loans 29 2.4 Evidence of Debt; Notes 30

  • Amount and Terms of the Commitment Section 2.1 The Advances.................................................... 7 Section 2.2 Making the Advances............................................. 8 Section 2.3 Fees............................................................ 10 Section 2.4 Reduction or Termination of the Commitment...................... 10 Section 2.5 Repayments of Interest Advances or the Final Advance............ 10 Section 2.6 Repayments of Downgrade Advances and Non-Extension Advances.......................................... 11 Section 2.7 Payments to the Liquidity Provider Under the Intercreditor Agreement......................................... 12 Section 2.8 Book Entries.................................................... 12 Section 2.9 Payments from Available Funds Only.............................. 12

  • Amount and Terms of Loans 2.1 Revolving Credit Loans

  • Amount and Terms of the Commitments 30 Section 2.1. General Description of Facilities 30 Section 2.2. Revolving Loans 31 Section 2.3. Procedure for Revolving Borrowings 31 Section 2.4. Swingline Commitment 31 Section 2.5. Funding of Borrowings 33 Section 2.6. Interest Elections 33 Section 2.7. Optional Reduction and Termination of Commitments 34 Section 2.8. Repayment of Loans 35 Section 2.9. Evidence of Indebtedness 35 Section 2.10. Optional Prepayments 35 Section 2.11. Mandatory Prepayments 36 Section 2.12. Interest on Loans 36 Section 2.13. Fees 37 Section 2.14. Computation of Interest and Fees 38 Section 2.15. Inability to Determine Interest Rates 38 Section 2.16. Illegality 38 Section 2.17. Increased Costs 39 Section 2.18. Funding Indemnity 40 Section 2.19. Taxes 40 Section 2.20. Payments Generally; Pro Rata Treatment; Sharing of Set-offs 43 Section 2.21. Letters of Credit 45 Section 2.22. Increase of Commitments; Additional Lenders 49 Section 2.23. Mitigation of Obligations 52 Section 2.24. Replacement of Lenders 52 Section 2.25. Defaulting Lenders 53 Section 2.26. All Obligations to Constitute Joint and Several Obligations 54 ARTICLE III

  • Amount and Terms of the Credit Facility 2.1. The Commitments; Increase in Total Commitments. (a) Subject to the terms and conditions hereof, each Lender severally agrees to make revolving credit loans in Dollars to the Borrower from time to time during the Commitment Period in an aggregate principal amount at any one time outstanding that will not result in such Lender’s Exposure exceeding such Lender’s Commitment. During the Commitment Period the Borrower may use the Commitments by borrowing, prepaying the Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. Notwithstanding anything to the contrary in this Agreement, in no event may Loans be borrowed under this Section 2.1 if, after giving effect thereto, the aggregate principal amount (a) of the Total Exposures at such time would exceed the Total Commitments then in effect or (b) the Exposure of any Lender at such time would exceed such Lender’s Commitment. The Loans may from time to time be Eurodollar Loans or ABR Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.2 and 2.6. The respective obligations of the Lenders under this Agreement are several and not joint and no Lender shall be responsible for the failure of any other Lender to satisfy its obligations hereunder.

  • Terms of the Notes The following terms relating to the Notes are hereby established:

  • Amount and Terms of Commitments 2.1 [Reserved].

  • Amount and Terms of Credit 1.1 Credit Facilities

  • Amounts and Terms of Loans 1 1.1. Loans..........................................................................................1

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