Common use of Senior Secured Promissory Notes Clause in Contracts

Senior Secured Promissory Notes. Subject to all of the terms and conditions of this Agreement, each Investor, severally and not jointly, agrees, to lend to the Company the sum set forth on Schedule I opposite such Investor’s name (individually, a “Loan,” and collectively, the “Loans”). Each Investor’s Loan shall be evidenced by a senior secured promissory note, dated as of the date of the applicable Closing (as defined below), in the form of Exhibit B attached hereto (each, a “Note” and collectively, the “Notes”). The Notes shall be secured by all assets of the Company, including, without limitation, the Company Intellectual Property (as defined below), as specified in the security agreement entered into by and among the Company and the Investors as of the Effective Date (the “Security Agreement”).

Appears in 7 contracts

Samples: Note and Warrant Purchase Agreement (Miso Robotics, Inc.), Note and Warrant Purchase Agreement (Miso Robotics, Inc.), Note and Warrant Purchase Agreement (Miso Robotics, Inc.)

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