The Note Closing Clause Samples

The Note Closing. The Company agrees to issue and sell to the Purchasers, and, subject to and in reliance upon the representations, warranties, terms and conditions of this Agreement, the Purchasers, severally but not jointly, agree to purchase, the Notes in the original principal amount set forth opposite their respective names on Exhibit 1.01. Such purchase and sale shall take place at a closing (the "Note Closing") to be held at the offices of ▇▇▇▇▇, ▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇▇, LLP, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇▇, on April 30, 1999 at 10:00 A.M., or on such other date and at such time as may be mutually agreed upon (such date and time being called the "Note Closing Date"). At the Note Closing, the Company will issue and deliver a Note payable to the order of each Purchaser against payment of the full purchase price therefor (indicated on Exhibit 1.01 under the column headed "Amount of Subordinated Notes to be Purchased" opposite such Purchaser's name) by (i) wire transfer of immediately available funds to an account designated by the Company, (ii) a check payable to the order of the Company or its assignees, or (iii) any combination of (i) and (ii) above.