Subscription Notes definition
Examples of Subscription Notes in a sentence
The Noteholder wishes to subscribe for, and the Company wishes to issue, the Subscription Notes on the terms set out in this document.
On the Completion Date the Company must issue, and each Initial Noteholder must subscribe, or procure that the Nominee subscribes for, its Subscription Notes for the Subscription Price in accordance with this agreement.
Subscription Notes in respect to each Initial Noteholder, the number of Notes that the Initial Noteholder subscribes for, and the Company issues, as described in the recitals to this agreement.
Subscriber agrees not to transfer or assign this Subscription Agreement, or any interest herein, and further agrees that the assignment and transferability of the Subscription Notes (including the Note and the shares of Common Stock to be issued upon conversion of the Notes) shall be made only in accordance with applicable federal and state securities laws.
The Preferred Stock Exchange Notes and the Management Subscription Notes.
Additionally, Subscriber understands and represents that it is purchasing the Subscription Notes notwithstanding the fact that the Company may disclose in the future certain material information that the Subscriber has not received, including the financial results of the Company for its current fiscal quarters.
Subscriber understands and acknowledges that the Company will have no obligation to recognize the ownership, beneficial or otherwise, of the Subscription Notes (including the Note, and the shares of Common Stock to be issued upon conversion of the Notes) by anyone but Subscriber.
Subscriber hereby irrevocably offers to purchase the Subscription Notes and tenders herewith, the total price noted above payable to the order of “HyperSciences, Inc.”.
The Company agrees to issue, and the Noteholder agrees to subscribe for, the Subscription Notes on the terms and conditions of this document.
The Borrower will not, nor will it permit any Subsidiary to, (a) amend, supplement, or otherwise modify the terms of the Management Subscription Notes or (b) prepay, redeem, repurchase or make any payment in defeasance of any Management Subscription Notes.