Common use of Purchased Notes Clause in Contracts

Purchased Notes. Subject to the terms and conditions hereof, the Seller shall transfer and sell to the Purchaser, and the Purchaser shall purchase from the Seller, twenty-two million five hundred ninety thousand and thirteen million dollars ($22,590,013) aggregate principal amount of the Senior Convertible Notes plus all accrued and unpaid interest thereon (the “Purchased Notes”) for an aggregate purchase price equal to the sum of (i) thirty-one million five hundred and thirteen and sixty-eight dollars and fourteen cents ($31,513,068.14) and (ii) all accrued and unpaid interest on the Purchased Notes through the Closing Date (the “Purchase Price”).