Purchase and Sale of Note and Warrant. On the Closing Date (as hereinafter defined), subject to the terms and conditions of this Agreement, the Investor hereby agrees to purchase, and the Company hereby agrees to sell and issue, the Note and the Warrant.
Purchase and Sale of Note and Warrant. Subject to the satisfaction (or, where legally permissible, the waiver) of the conditions set forth in Section 4.1, the Company shall issue and sell to the Investor, and the Investor shall purchase from the Company on the Closing Date (as defined below), the Note and the Warrant (the “Closing”).
Purchase and Sale of Note and Warrant. 1.1 Purchase and Sale of Note and Warrant.
Purchase and Sale of Note and Warrant. Upon the following terms and conditions, the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, a senior secured convertible promissory note in the aggregate principal amount of Three Million One Hundred Thousand Dollars ($3,100,000.00) bearing interest at the rate of eight percent (8%) per annum, due ______ __, 2005, convertible into shares of the Company's common stock, par value $.01 per share (the "Common Stock"), in substantially the form attached hereto as Exhibit B (the "Note") and a warrant to purchase shares of Common Stock, in substantially the form attached hereto as Exhibit C (the "Warrant"). The Company and the Purchaser are executing and delivering this Agreement in accordance with and in reliance upon the exemption from securities registration afforded by Section 4(2) of the U.S. Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder (the "Securities Act"), including Regulation D ("Regulation D") as promulgated by the Commission under the Securities Act, and/or upon such other exemption from the registration requirements of the Securities Act as may be available with respect to any or all of the investments to be made hereunder.
Purchase and Sale of Note and Warrant. 1.1 ISSUANCE AND SALE OF 8% CONVERTIBLE PROMISSORY NOTE AND WARRANT. Subject to the terms and conditions of this Agreement, the Investor agrees to purchase at the Closing (as hereafter defined), and the Company agrees to issue and sell to the Investor at the Closing, the Note and the Warrant, for an aggregate purchase price of Two Hundred Fifty Thousand ($250,000) Dollars (the "Purchase Price").
Purchase and Sale of Note and Warrant. (a) Sale and Issuance of Note and Warrant. Subject to the terms and conditions of this Agreement, the Investor agrees to purchase at the Closing (as defined below), and the Company agrees to sell and issue to the Investor at the Closing, for a purchase price of $2,000,000 delivered in accordance with Section 1(b)(ii) below, the Note and the Warrant.
Purchase and Sale of Note and Warrant. Subject to the terms and conditions of this Agreement, the Company will issue and sell to the Purchaser, and the Purchaser will purchase from the Company (i) the Note at a purchase price of 100% of the principal amount of the Note (the “Purchase Price”) and (ii) the Warrant. The Purchase Price is set forth on that Purchaser’s signature page, and the number of shares of Common Stock subject to the Warrant issued to each Purchaser is set forth on the signature page for that Purchaser. The Note, the Warrant and the equity securities issuable upon conversion or exercise thereof are collectively referred to herein as the “Securities.”
Purchase and Sale of Note and Warrant. (a) Upon the following terms and conditions, the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, (i) a 10% senior secured convertible promissory note in the aggregate principal amount of $1,020,000, convertible into shares of the Company’s common stock, par value $0.01 per share (the “Common Stock”), in substantially the form attached hereto as Exhibit A (the “Note”). The Company and the Purchaser are executing and delivering this Agreement in accordance with and in reliance upon the exemption from securities registration afforded by Section 4(2) of the U.S. Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder (the “Securities Act”), including Regulation D (“Regulation D”), and/or upon such other exemption from the registration requirements of the Securities Act as may be available with respect to any or all of the investments to be made hereunder.
Purchase and Sale of Note and Warrant. (a) Upon the following terms and conditions, the Company shall issue and sell to the Investor, and the Investor shall purchase from the Company, (i) one or more senior secured promissory notes in an aggregate principal amount of up to $5,600,000 and (ii) a common stock purchase warrant, in substantially the form attached hereto as Exhibit A (the “Warrant”), to purchase 1,000,000 shares of Common Stock, par value $0.10 per share, of the Company (the “Common Stock”) at the exercise price and upon the terms and conditions set forth therein.
Purchase and Sale of Note and Warrant. (a) Upon the following terms and conditions, the Company shall issue and sell to the Investors, and the Investors shall purchase from the Company, (i) one or more promissory notes in an aggregate principal amount of One Million Five Hundred Fifty Thousand Dollars ($1,550,000) substantially in the form attached hereto as Exhibit A, (the “Notes”) and (ii) one or more common stock purchase warrants, in substantially the form attached hereto as Exhibit B (the “Warrants”), to purchase 200,000 shares of Common Stock of the Company at the exercise price and upon the terms and conditions set forth therein.
