Promissory Notes definition
Examples of Promissory Notes in a sentence
On or prior to the First Pre-Advance Closing, the Company shall enter into agreements for the deferral of the EVIE debt and for the deferral of any cash payments to underwriters until repayment in full of the Promissory Notes (collectively, the “Deferral Agreements”).
The Company understands and acknowledges that the number of Common Shares issuable upon conversion of the Promissory Notes will increase in certain circumstances.
Except as specifically amended by this Amendment, all other terms and conditions of the SEPA and the Promissory Notes shall remain in full force and effect and are hereby ratified and confirmed.
The Company is not obligated to offer the Common Shares or the Promissory Notes offered hereunder on a right of first refusal basis or otherwise to any third parties including, but not limited to, current or former stockholders of the Company, underwriters, brokers, agents or other third parties.
For so long as the Promissory Notes remain outstanding, the Company shall not modify the Deferral Agreements without the consent of the Investor.