Common use of The Subscription Clause in Contracts

The Subscription. Subject to the terms and conditions of this Exchange/Subscription Agreement including the satisfaction or waiver of the conditions precedent specified in Section 5, on the Closing Date, the Issuer shall issue and sell to the Subscriber, and the Subscriber shall purchase from the Issuer, and the Guarantor shall guarantee, New Notes (the “Purchased New Notes”) in an aggregate principal amount as set forth in column “New Money Notes ($)” of Exhibit A hereto, for an aggregate purchase price in cash in respect of such Purchased New Notes as set forth in column “New Money” of Exhibit A (such aggregate cash purchase price, the “Cash Purchase Price”).