Common use of Sale and Purchase of Bonds Clause in Contracts

Sale and Purchase of Bonds. The Company will issue and sell to the Purchasers and, subject to the terms and conditions hereof, the Purchasers will purchase from the Company, at a purchase price of 100% of the principal amount thereof, on the Closing Date, Bonds in the aggregate principal amount of Fifteen Million Dollars ($15,000,000).

Sale and Purchase of Bonds. The Company will issue and sell to the Purchasers Purchaser and, subject to the terms and conditions hereof, the Purchasers Purchaser will purchase from the Company, at a purchase price of 100% of the principal amount thereof, on the Closing Date, Bonds in the aggregate principal amount of Fifteen Seven Million Five Hundred Thousand Dollars ($15,000,0007,500,000).