Common use of Loan Notes Clause in Contracts

Loan Notes. 2.1 The aggregate principal amount of the Loan Notes shall total USD $3,000,000. 2.2 Subject to this Instrument, the Loan Notes shall rank pari passu equally and rateably without discrimination or preference between them and as unsecured obligations of the Company under this Instrument. 2.3 Interest shall be payable on the Loan Notes in accordance with Clause 6. 2.4 This Instrument may be one of a series which have the exact same financial terms except as to the date of issuance and tenor.

Appears in 1 contract

Sources: Convertible Note (Innovative Eyewear Inc)

Loan Notes. 2.1 The aggregate principal amount of the Loan Notes shall total USD $3,000,0002,000,000. 2.2 Subject to this Instrument, the Loan Notes shall rank pari passu equally and rateably without discrimination or preference between them and as unsecured obligations of the Company under this Instrument. 2.3 Interest shall be payable on the Loan Notes in accordance with Clause 6. 2.4 This Instrument may be one of a series which have the exact same financial terms except as to the date of issuance and tenor.

Appears in 1 contract

Sources: Convertible Note (Innovative Eyewear Inc)

Loan Notes. 2.1 The aggregate principal amount of the Loan Notes shall total USD $3,000,0005,000,000. 2.2 Subject to this Instrument, the Loan Notes shall rank pari passu equally and rateably without discrimination or preference between them and as unsecured obligations of the Company under this Instrument. 2.3 Interest shall be payable on the Loan Notes in accordance with Clause 6. 2.4 This Instrument may be one of a series which have the exact same financial terms except as to the date of issuance and tenor.

Appears in 1 contract

Sources: Amendment and Restatement Agreement (Guident Corp.)