SALE AND ISSUANCE OF THE NOTE. In consideration of the Company’s receipt of the sum of Twenty Three Thousand Five Hundred Dollars ($23,500.00) at Closing (as defined in Section 2.1), the Company shall sell to the Purchaser, and the Purchaser shall purchase from the Company (the “Issuance”) the Note upon the terms set forth in this Agreement substantially in the form of Exhibit A, attached hereto. In addition, a copy of that certain Action of the Board of Directors, dated October 9, 2013 (the “Action of the Board of Directors”) is attached to Exhibit A, attached hereto.
SALE AND ISSUANCE OF THE NOTE. In consideration of the Company’s receipt of the initial sum of $60,500 at Closing (as defined in Section 2.1), the Company shall sell to the Purchaser, and the Purchaser shall purchase from the Company (the “Issuance”) the Note upon the terms set forth in this Agreement. In addition, a copy of that certain Action of the Board of Directors, dated April 9, 2015 (the “Action of the Board of Directors”) is attached hereto as Exhibit A.
SALE AND ISSUANCE OF THE NOTE. Subject to the terms and conditions of this Agreement, at the Closing, the Company agrees to issue and sell to the Purchaser, and the Purchaser agrees to subscribe for and purchase from the Company, the Note, for a purchase price of US$40,000,000 (the “Purchase Price”).
SALE AND ISSUANCE OF THE NOTE. Subject to the terms and conditions of this Agreement, each Purchaser agrees to purchase at the Closing and the Company agrees to sell and issue to Purchaser a Note in the principal amount of $300,000 and a Warrant exercisable into 1,000,000 shares of Common Stock. The purchase price of the Note and the Warrant shall be equal to 100% of the principal amount of such Note.
SALE AND ISSUANCE OF THE NOTE. The Subscriber, intending to be legally bound, hereby irrevocably subscribes for and agrees to purchase, at the Closing (defined below), the Note at 100% of the principal amount set forth on the signature page hereto (the “Purchase Price”). This subscription is submitted to the Company in accordance with and subject to the terms and conditions described in this Agreement. The Subscriber’s obligations hereunder are several and not joint obligations and no Subscriber shall have any liability to any person or entity (“Person”) for the performance or non-performance of any obligation by any other Subscriber hereunder.
SALE AND ISSUANCE OF THE NOTE. Subject to the terms and conditions of this Agreement, the Purchaser agrees to purchase and the Company agrees to sell and issue to Purchaser a convertible promissory note (the "NOTE") in the original principal amount of $300,000 (the "PURCHASE PRICE") made up of $150,000 from each of the two entities listed below. The Note shall be in the form attached to this Agreement as EXHIBIT B. Immediately following the execution of this Agreement, the Company shall deliver the Note to the Purchaser and the Purchaser shall deliver to the Company the amount of the Purchase Price for such Note in immediately available funds.
SALE AND ISSUANCE OF THE NOTE. Upon the terms and subject to the conditions contained in this Agreement, the Company has authorized the sale and issuance (the "ISSUANCE") of convertible promissory notes. At the Closing (as defined in SECTION 2.1), the Company shall sell to the Purchaser, and the Purchaser shall purchase from the Company, upon the terms set forth in this Agreement, one such convertible promissory note, substantially in the form of EXHIBIT B attached hereto (the "NOTE"), in the aggregate principal amount set forth on the signature page hereto. The Company intends to enter into this same form of purchase agreement with certain other investors and expects to complete sales of its convertible promissory notes to them. The Purchaser's obligations hereunder are expressly not subject to or conditioned on the purchase of notes by any or all of such other investors. The Purchaser shall have the right and option, exercisable in its sole discretion to convert the outstanding principal amount due hereunder into that number of shares of Common Stock equal to the quotient obtained by dividing (A) the outstanding principal amount of this Note by (B) $0.50. Additionally, upon conversion, the Purchaser shall receive a warrant substantially in the form of EXHIBIT C attached hereto (the "WARRANT") to purchase two shares of the Company's Common Stock for every one share of Common Stock converted pursuant to SECTION 2 of the Note, such Warrant providing for exercise prices of $0.75 per share for half of the shares underlying the Warrant and $1.00 per share for the remaining shares underlying the Warrant. The Purchaser shall only have the right to convert, if the Company's shareholders approve, at the Company's Annual Meeting to be held on March 23, 2004, or such other date determined by the Company's Board of Directors, the issuance by the Company of Common Stock equal to 20% or more of the Common Stock outstanding before the issuance for less than the greater of book or market value of the stock.
SALE AND ISSUANCE OF THE NOTE. Subject to the terms and conditions of this Agreement, Purchaser agrees to purchase at the Closing (as defined below), and the Company agrees to sell and issue to Purchaser, a Convertible Promissory Note (the “Note”) in substantially the form attached hereto as Exhibit A in the principal amount of Five Million Seven Hundred Seventy-Nine Thousand Six Hundred Two United States Dollars (US$5,779,602.00) (the “Principal Amount”). The purchase price of the Note shall be equal to one hundred percent (100%) of the Principal Amount (the “Purchase Price”).
SALE AND ISSUANCE OF THE NOTE. In consideration of the Company’s receipt of the sum of Fifteen Thousand Dollars ($15,000.00) at Closing (as defined in Section 2.1), the Company shall sell to the Purchaser, and the Purchaser shall purchase from the Company (the “Issuance”) the Note upon the terms set forth in this Agreement substantially in the form of Exhibit A, attached hereto. In addition, a copy of that certain Action of the Board of Directors, dated May 1, 2013 (the “Action of the Board of Directors”) is attached to Exhibit A, attached hereto. Frozen Food Gift Group, Inc. $15,000 Note Purchase Agreement May 2013
SALE AND ISSUANCE OF THE NOTE. Subject to the terms and conditions of this Agreement and the Asset Purchase Agreement, at the Second Closing (as defined below) the Company agrees to issue and AHPC agrees to purchase the Note in the principal amount of $25,000,000 (TWENTY-FIVE MILLION DOLLARS).
