{"component": "clause", "props": {"groups": [{"size": 3, "samples": [{"hash": "iYrTFrkzdmh", "uri": "/contracts/iYrTFrkzdmh#sale-of-the-note", "label": "Deed of Trust", "score": 24.3894592745, "published": true}, {"hash": "lLiqT128Dn6", "uri": "/contracts/lLiqT128Dn6#sale-of-the-note", "label": "Deed of Trust", "score": 24.3798767967, "published": true}, {"hash": "6fyG4Psn32p", "uri": "/contracts/6fyG4Psn32p#sale-of-the-note", "label": "Deed of Trust", "score": 22.6290212183, "published": true}], "snippet": "The Note or a partial interest in the Note (together with this Trust Deed) can be sold one or more times without prior notice to Borrower. Borrower will be given written notice of the change which will state the new name and address, the address to which payments should be made and any other information required by RESPA.", "snippet_links": [{"key": "the-note", "type": "clause", "offset": [0, 8]}, {"key": "partial-interest", "type": "definition", "offset": [14, 30]}, {"key": "trust-deed", "type": "clause", "offset": [63, 73]}, {"key": "notice-to-borrower", "type": "clause", "offset": [119, 137]}, {"key": "will-be-given", "type": "clause", "offset": [148, 161]}, {"key": "notice-of-the", "type": "clause", "offset": [170, 183]}, {"key": "name-and-address", "type": "clause", "offset": [216, 232]}, {"key": "required-by", "type": "definition", "offset": [305, 316]}], "hash": "ffe3a5da2762bc6a9f44581b634994de", "id": 1}, {"size": 2, "samples": [{"hash": "1imuXTmPrUY", "uri": "/contracts/1imuXTmPrUY#sale-of-the-note", "label": "Note Purchase Agreement (Fintech Telecom, LLC)", "score": 25.2094455852, "published": true}, {"hash": "6JW4iqIrkwZ", "uri": "/contracts/6JW4iqIrkwZ#sale-of-the-note", "label": "Note Purchase Agreement (Telecom Italia S P A)", "score": 23.8186173854, "published": true}], "snippet": "Subject to the terms and conditions and in reliance upon the representations and warranties herein set forth, the Company hereby agrees to sell to the Purchaser, and the Purchaser agrees to purchase from the Company, on, and subject to the occurrence of, the Interim Transfer Date (as such term is defined in the Amended and Restated Stock Purchase Agreement dated as of October 24, 2014 among the Company, Telecom Italia S.p.A. and the Purchaser (the \u201cSPA\u201d)) a Note in a principal amount of US$600,593,478 (the \u201cNote\u201d) at the purchase price of 100% of the principal amount thereof (the \u201cPurchase Price\u201d). The sale of the Note to the Purchaser will be made without registration of the Note under the U.S. Securities Act of 1933 (the \u201cAct\u201d) in reliance upon exemptions from the registration requirements of the Act.", "snippet_links": [{"key": "the-terms-and-conditions", "type": "definition", "offset": [11, 35]}, {"key": "the-representations-and-warranties", "type": "clause", "offset": [57, 91]}, {"key": "the-company-hereby", "type": "clause", "offset": [110, 128]}, {"key": "to-sell", "type": "clause", "offset": [136, 143]}, {"key": "and-the-purchaser", "type": "clause", "offset": [162, 179]}, {"key": "from-the-company", "type": "clause", "offset": [199, 215]}, {"key": "interim-transfer-date", "type": "definition", "offset": [259, 280]}, {"key": "amended-and-restated-stock-purchase-agreement", "type": "definition", "offset": [313, 358]}, {"key": "dated-as-of", "type": "definition", "offset": [359, 370]}, {"key": "telecom-italia", "type": "definition", "offset": [407, 421]}, {"key": "a-note", "type": "clause", "offset": [460, 466]}, {"key": "the-purchase-price", "type": "clause", "offset": [523, 541]}, {"key": "the-principal-amount", "type": "definition", "offset": [553, 573]}, {"key": "the-sale", "type": "clause", "offset": [606, 614]}, {"key": "note-to", "type": "definition", "offset": [622, 629]}, {"key": "the-purchaser-will", "type": "clause", "offset": [630, 648]}, {"key": "registration-of-the-note", "type": "clause", "offset": [665, 689]}, {"key": "the-us", "type": "clause", "offset": [696, 703]}, {"key": "securities-act-of-1933", "type": "clause", "offset": [705, 727]}, {"key": "requirements-of-the-act", "type": "clause", "offset": [790, 813]}], "hash": "99e9967d250582dc81aa9441aa9b7b5b", "id": 2}, {"size": 2, "samples": [{"hash": "d0XuHdeseKc", "uri": "/contracts/d0XuHdeseKc#sale-of-the-note", "label": "Strategic Alliance Agreement (Athersys, Inc / New)", "score": 21.0, "published": true}, {"hash": "8WQL5ppxoBO", "uri": "/contracts/8WQL5ppxoBO#sale-of-the-note", "label": "Strategic Alliance Agreement (Athersys, Inc / New)", "score": 21.0, "published": true}], "snippet": "1\n1.1 The Note 1\n1.2 The Issuance and Sale of the Note 1 1.3 Exemption from Registration; Stockholders\u2019 Agreement 1 ARTICLE II. THE CLOSING 2 2.1 Deliveries at the Closing 2 ARTICLE III. REPRESENTATIONS AND WARRANTIES OF THE COMPANY 3 3.1 Organization; Good Standing; Qualification and Power 3 3.2 Authorization; Enforceability 3 3.3 Noncontravention 4 3.4 Compliance with Laws; Organizational Documents 4 3.5 Capitalization of the Company 5 3.6 Intellectual Property 5 3.7 Material Agreements 6 3.8 Brokers 7 3.9 Financial Statements 7 3.10 No Consent or Approval Required 7 3.11 Changes 8 3.12 Absence of Undisclosed Liabilities 9 3.13 Insurance 9 3.14 Title to Assets, Properties and Rights 9 3.15 Taxes 10 3.16 Litigation and Other Proceedings 10 3.17 Employee Matters 10 3.18 Environmental Matters 11 3.19 Disclosure 11", "snippet_links": [{"key": "note-1", "type": "definition", "offset": [10, 16]}, {"key": "the-issuance-and-sale", "type": "clause", "offset": [21, 42]}, {"key": "exemption-from-registration", "type": "clause", "offset": [61, 88]}, {"key": "closing-2", "type": "definition", "offset": [132, 141]}, {"key": "deliveries-at-the-closing", "type": "clause", "offset": [146, 171]}, {"key": "article-iii", "type": "clause", "offset": [174, 185]}, {"key": "representations-and-warranties-of-the-company", "type": "clause", "offset": [187, 232]}, {"key": "good-standing", "type": "definition", "offset": [253, 266]}, {"key": "qualification-and-power", "type": "clause", "offset": [268, 291]}, {"key": "compliance-with-laws", "type": "definition", "offset": [357, 377]}, {"key": "organizational-documents", "type": "clause", "offset": [379, 403]}, {"key": "capitalization-of-the-company", "type": "clause", "offset": [410, 439]}, {"key": "intellectual-property-5", "type": "clause", "offset": [446, 469]}, {"key": "material-agreements", "type": "definition", "offset": [474, 493]}, {"key": "financial-statements", "type": "clause", "offset": [514, 534]}, {"key": "no-consent-or-approval-required", "type": "clause", "offset": [542, 573]}, {"key": "absence-of-undisclosed-liabilities", "type": "clause", "offset": [596, 630]}, {"key": "title-to-assets", "type": "definition", "offset": [655, 670]}, {"key": "properties-and-rights", "type": "clause", "offset": [672, 693]}, {"key": "litigation-and-other-proceedings", "type": "clause", "offset": [715, 747]}, {"key": "employee-matters", "type": "definition", "offset": [756, 772]}, {"key": "environmental-matters", "type": "clause", "offset": [781, 802]}], "hash": "6224c1534d9c7d8d180e470a817ce81c", "id": 3}, {"size": 2, "samples": [{"hash": "8iBTsE2IayV", "uri": "/contracts/8iBTsE2IayV#sale-of-the-note", "label": "Note Purchase Agreement (Pharmos Corp)", "score": 16.0, "published": true}], "snippet": "Subject to the terms and conditions hereof, the Seller will sell and deliver to the Purchaser and the Purchaser will purchase from the Seller, upon the execution and delivery hereof, the Note for an aggregate of Two Million Seven Hundred and Twenty Five Thousand Dollars ($2,725,000) (the \"Purchase Price\"). Seller represents and warrants that it is the sole owner of the Note, free and clear of all claims, liens or encumbrances of any nature. Seller agrees to waive any claim for accrued but unpaid interest.", "snippet_links": [{"key": "the-terms-and-conditions", "type": "definition", "offset": [11, 35]}, {"key": "seller-will", "type": "clause", "offset": [48, 59]}, {"key": "deliver-to", "type": "definition", "offset": [69, 79]}, {"key": "the-purchaser-will", "type": "clause", "offset": [98, 116]}, {"key": "execution-and-delivery", "type": "clause", "offset": [152, 174]}, {"key": "the-note", "type": "clause", "offset": [183, 191]}, {"key": "five-thousand", "type": "clause", "offset": [249, 262]}, {"key": "purchase-price", "type": "definition", "offset": [290, 304]}, {"key": "represents-and-warrants-that-it", "type": "clause", "offset": [315, 346]}, {"key": "sole-owner", "type": "definition", "offset": [354, 364]}, {"key": "free-and-clear", "type": "clause", "offset": [378, 392]}, {"key": "all-claims", "type": "clause", "offset": [396, 406]}, {"key": "liens-or-encumbrances", "type": "clause", "offset": [408, 429]}, {"key": "to-waive-any", "type": "clause", "offset": [459, 471]}, {"key": "accrued-but-unpaid-interest", "type": "definition", "offset": [482, 509]}], "hash": "f2a62c922357bbb406a4629697e71bb9", "id": 4}, {"size": 2, "samples": [{"hash": "cJy7cvP9KjY", "uri": "/contracts/cJy7cvP9KjY#sale-of-the-note", "label": "Note and Warrant Purchase Agreement (Telegen Corp /Co/)", "score": 16.0, "published": true}], "snippet": "Subject to the terms and conditions of this Agreement, the Purchaser agrees to lend to the Company US$500,000 and the Company agrees to issue to the Purchaser upon delivery by the Purchaser to the Company of the aggregate consideration therefore, a Note in such principal amount. The shares of the Company's Common Stock issued or issuable upon exercise of the Notes are referred to herein as the \"Note Stock.\"", "snippet_links": [{"key": "terms-and-conditions-of-this-agreement", "type": "clause", "offset": [15, 53]}, {"key": "to-the-company", "type": "clause", "offset": [84, 98]}, {"key": "issue-to", "type": "definition", "offset": [136, 144]}, {"key": "delivery-by-the-purchaser", "type": "clause", "offset": [164, 189]}, {"key": "aggregate-consideration", "type": "definition", "offset": [212, 235]}, {"key": "a-note", "type": "clause", "offset": [247, 253]}, {"key": "principal-amount", "type": "clause", "offset": [262, 278]}, {"key": "shares-of-the-company", "type": "definition", "offset": [284, 305]}, {"key": "common-stock-issued", "type": "clause", "offset": [308, 327]}, {"key": "the-notes-are", "type": "definition", "offset": [357, 370]}], "hash": "054ec0337ea777fefdafd6e51f036b89", "id": 5}, {"size": 1, "samples": [{"hash": "2XAe2GFF0hW", "uri": "/contracts/2XAe2GFF0hW#sale-of-the-note", "label": "Note Purchase Agreement (Mai Systems Corp)", "score": 19.0, "published": true}], "snippet": "Subject to the terms and conditions of this Agreement, Purchaser agrees to purchase at the Closing, and CSA agrees to sell to Purchaser at the Closing, the Note for the purchase price of Three Hundred Fifty Thousand Dollars ($350,000).", "snippet_links": [{"key": "terms-and-conditions-of-this-agreement", "type": "clause", "offset": [15, 53]}, {"key": "agrees-to", "type": "clause", "offset": [65, 74]}, {"key": "at-the-closing", "type": "definition", "offset": [84, 98]}, {"key": "to-sell", "type": "clause", "offset": [115, 122]}, {"key": "to-purchaser", "type": "definition", "offset": [123, 135]}, {"key": "the-note", "type": "clause", "offset": [152, 160]}, {"key": "the-purchase-price", "type": "clause", "offset": [165, 183]}], "hash": "54a48acb2ac498821f8e9817dd85609c", "id": 6}, {"size": 1, "samples": [{"hash": "hQ09RglC7No", "uri": "/contracts/hQ09RglC7No#sale-of-the-note", "label": "Note Purchase Agreement (Silverado Foods Inc)", "score": 18.0, "published": true}], "snippet": "Subject to the terms and conditions herein ---------------- stated, the Company agrees to sell, assign, transfer and deliver to the Purchaser on the Closing Date (as hereinafter defined), and the Purchaser agrees to purchase from the Company on the Closing Date, the Note.", "snippet_links": [{"key": "the-terms-and-conditions", "type": "definition", "offset": [11, 35]}, {"key": "to-sell", "type": "clause", "offset": [87, 94]}, {"key": "deliver-to", "type": "definition", "offset": [117, 127]}, {"key": "the-closing-date", "type": "clause", "offset": [145, 161]}, {"key": "and-the-purchaser", "type": "clause", "offset": [188, 205]}, {"key": "from-the-company", "type": "clause", "offset": [225, 241]}, {"key": "the-note", "type": "clause", "offset": [263, 271]}], "hash": "0a442ebe7d864ed0aafb63a63949ea85", "id": 7}, {"size": 1, "samples": [{"hash": "jPCGVbDYB3v", "uri": "/contracts/jPCGVbDYB3v#sale-of-the-note", "label": "Convertible Note Agreement (Rockport Healthcare Group Inc)", "score": 16.0, "published": true}], "snippet": "You hereby agree that you will not directly or ------------------ indirectly sell or otherwise dispose of the Note or the underlying shares of Common Stock held by you unless, at the time of such sale or other disposition, you comply with Section 4.1 hereof.", "snippet_links": [{"key": "otherwise-dispose-of", "type": "definition", "offset": [85, 105]}, {"key": "the-note", "type": "clause", "offset": [106, 114]}, {"key": "underlying-shares-of-common-stock", "type": "clause", "offset": [122, 155]}, {"key": "at-the-time", "type": "clause", "offset": [176, 187]}, {"key": "sale-or-other-disposition", "type": "clause", "offset": [196, 221]}, {"key": "comply-with", "type": "clause", "offset": [227, 238]}, {"key": "section-41", "type": "clause", "offset": [239, 250]}], "hash": "6b4a5255f7656f868fe750b1ad4db573", "id": 8}, {"size": 1, "samples": [{"hash": "euJL3NQ4Ioo", "uri": "/contracts/euJL3NQ4Ioo#sale-of-the-note", "label": "Purchase Agreement (Langer Partners LLC)", "score": 16.0, "published": true}], "snippet": "The Seller hereby sells, conveys, transfers and delivers to the Purchaser, and the Purchaser hereby purchases and accepts, the Note, together with the right to receive all accrued interest thereon, in accordance with the terms hereof.", "snippet_links": [{"key": "the-seller", "type": "clause", "offset": [0, 10]}, {"key": "and-the-purchaser", "type": "clause", "offset": [75, 92]}, {"key": "the-note", "type": "clause", "offset": [123, 131]}, {"key": "right-to-receive", "type": "clause", "offset": [151, 167]}, {"key": "accrued-interest", "type": "clause", "offset": [172, 188]}, {"key": "in-accordance-with", "type": "definition", "offset": [198, 216]}, {"key": "the-terms", "type": "definition", "offset": [217, 226]}], "hash": "0443b164dd1ba07af15544d134e037ad", "id": 9}, {"size": 1, "samples": [{"hash": "agavNXXPrOt", "uri": "/contracts/agavNXXPrOt#sale-of-the-note", "label": "Securities Purchase Agreement (Amyris, Inc.)", "score": 27.9185489391, "published": true}], "snippet": "Subject to the satisfaction (or, where legally permissible, the waiver) of the conditions set forth in Section 6, 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 (the \u201cClosing\u201d).", "snippet_links": [{"key": "subject-to-the", "type": "definition", "offset": [0, 14]}, {"key": "legally-permissible", "type": "definition", "offset": [39, 58]}, {"key": "the-waiver", "type": "clause", "offset": [60, 70]}, {"key": "the-conditions", "type": "clause", "offset": [75, 89]}, {"key": "in-section-6", "type": "clause", "offset": [100, 112]}, {"key": "the-company-shall", "type": "clause", "offset": [114, 131]}, {"key": "the-investor", 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["the-issuance-and-sale-of-the-note", "The Issuance and Sale of the Note"], ["sale-of-the-note", "Sale of the Note"], ["closing-deliveries", "CLOSING  DELIVERIES"]], "id": "sale-of-the-note", "related": [["sale-of-the-notes", "Sale of the Notes", "<strong>Sale of the Notes</strong>"], ["purchase-and-sale-of-the-note", "Purchase and Sale of the Note", "Purchase and <strong>Sale of the Note</strong>"], ["purchase-and-sale-of-the-notes", "Purchase and Sale of the Notes", "Purchase and <strong>Sale of the Notes</strong>"], ["prepayment-of-the-notes", "Prepayment of the Notes", "Prepayment of the Notes"], ["registration-of-the-notes", "Registration of the Notes", "Registration of the Notes"]], "related_snippets": [], "updated": "2025-07-07T16:38:45+00:00", "also_ask": [], "drafting_tip": null, "explanation": "The \"Sale of the Note\" clause defines the terms under which a promissory note or similar financial instrument can be sold or transferred by the holder to another party. Typically, this clause outlines any conditions, restrictions, or procedures that must be followed for a valid sale, such as obtaining consent from the issuer or notifying relevant parties. Its core practical function is to clarify the process and requirements for transferring ownership of the note, thereby preventing disputes and ensuring all parties understand their rights and obligations regarding the sale."}, "json": true, "cursor": ""}}