Common use of COMMITMENT NOTE Clause in Contracts

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.

Appears in 2 contracts

Sources: Equity Financing Agreement, Equity Financing Agreement (Natural Health Farm Holdings Inc)

COMMITMENT NOTE. As an inducement the The Company shall issue to the Investor, a forty thirty thousand dollar ($40,00030,000) promissory note to offset transaction costs (“Commitment Note”). The Commitment Note shall be deemed earned upon the execution of this Agreement.

Appears in 1 contract

Sources: Equity Financing Agreement (Ozop Surgical Corp.)