Common use of COMMITMENT NOTE Clause in Contracts

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.

Appears in 1 contract

Sources: Equity Purchase Agreement (MyDx, Inc.)

COMMITMENT NOTE. As a condition and commitment fee 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 Fifty Thousand ($50,000 50,000) (the "Note") on the Execution Subscription Date.

Appears in 1 contract

Sources: Equity Purchase Agreement (Appiphany Technologies Holdings Corp)