Common use of Purchase and Sale of Note Clause in Contracts

Purchase and Sale of Note. In exchange for the Purchase Price paid by the Investor, the Company will sell and issue the Note to the Investor. The Note will have a principal balance equal to the Principal Amount.

Purchase and Sale of Note. In exchange for the Purchase Price Consideration paid by the Investor, the Company will sell and issue the Note to the Investor. The Note will have a principal balance equal to the Principal AmountConsideration paid by the Investor for such Note, as set forth on the Investor’s signature page hereto and will accrue interest as set forth under the terms of the Note.