Original Issue Discount; Transaction Expenses Sample Clauses

Original Issue Discount; Transaction Expenses. The Note carries an original issue discount of $27,777.78 (the “OID”). In addition, the Company agrees to pay $5,000.00 to the Buyer to cover the Buyer’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of the Securities (the “Transaction Expense Amount”), all of which amount is included in the initial principal balance of the Note. The Purchase Price, therefore, shall be $250,000.00, computed as follows: $282,777.78 original principal balance, less the OID, less the Transaction Expense Amount.
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Original Issue Discount; Transaction Expenses. The Note carries an original issue discount of $150,000.00 (the “OID”). In addition, the Company agrees to pay $10,000.00 to Buyer to cover Buyer’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of the Securities, $2,500.00 of which amount was previously paid to Buyer and $7,500.00 (the “Carried Transaction Expense Amount”) of which amount is included in the initial principal balance of this Note. The Purchase Price, therefore, shall be $1,500,000.00, computed as follows: $1,657,500.00 original principal balance, less the OID, less the Carried Transaction Expense Amount. The Initial Cash Purchase Price shall be the Purchase Price less the sum of the initial principal amounts of the Secured Buyer Notes and the Buyer Notes.
Original Issue Discount; Transaction Expenses. This Note carries an original issue discount of $750,000.00. In addition, Bxxxxxxx agrees to pay $5,000.00 to Lender to cover Lxxxxx’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of this Note, all of which amounts are included in the initial principal balance of this Note and are fully earned and payable as of the date hereof.
Original Issue Discount; Transaction Expenses. This Note carries an original issue discount of $200,000.00. In addition, Borrower agrees to pay $5,000.00 to Lender, included in the principal sum of this Note, to cover Lender’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of this Note, all of which amounts are included in the initial principal balance of this Note and are fully earned and payable as of the date hereof (subject only to the prepayment discounts set forth in Section 4 below).
Original Issue Discount; Transaction Expenses. The Note carries an original issue discount of $50,000.00 (the “OID”). In addition, Company agrees to pay $5,000.00 to Investor to cover Investor’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of the Securities, $2,500.00 of which amount was previously paid to Investor and $2,500.00 (the “Carried Transaction Expense Amount”) of which amount is included in the initial principal balance of the Note. The Purchase Price, therefore, shall be $500,000.00, computed as follows: $552,500.00 original principal balance, less the OID, less the Carried Transaction Expense Amount. The Initial Cash Purchase Price shall be the Purchase Price less the sum of the initial principal amounts of the Investor Notes.
Original Issue Discount; Transaction Expenses. The Note carries an original issue discount of $11,000.00 (the “OID”) in order to cover $7,500 in due diligence fees to Brighton Capital, Ltd. and $3,500 to cover the Buyer’s legal fees.
Original Issue Discount; Transaction Expenses. The Master Note carries an original issue discount of $4,000.00 (the “OID”). In addition, the Company agrees to pay $4,000.00 to the Buyer to cover the Buyer’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of the Securities (the “Transaction Expense Amount”), all of which amount is included in the initial principal balance of the Master Note. The Purchase Price, therefore, shall be $40,000.00, computed as follows: $48,000.00 original principal balance, less the OID, less the Transaction Expense Amount.
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Original Issue Discount; Transaction Expenses. The Note carries an original issue discount of $50,000.00 (the "OlD"). In addition, Company agrees to pay $10,000.00 to Investor to cover Investor's legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of the Securities (the "Transaction Expense Amount"), all of which amount is included in the initial principal balance of the Note. The Purchase Price, therefore, shall be $500,000.00, computed as follows: $560,000.00 original principal balance, less the OID, less the Transaction Expense Amount.

Related to Original Issue Discount; Transaction Expenses

  • Original Issue Discount; Transaction Expense Amount The Note carries an original issue discount of $300,000.00 (the “OID”). In addition, Company agrees to pay $20,000.00 to Investor to cover Investor’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of the Securities (the “Transaction Expense Amount”), all of which amount is included in the initial principal balance of the Note. The “Purchase Price”, therefore, shall be $3,000,000.00, computed as follows: $3,320,000.00 initial principal balance, less the OID, less the Transaction Expense Amount.

  • Original Issue Discount If any of the Securities is an Original Issue Discount Security, the Company shall file with the Trustee promptly at the end of each calendar year (1) a written notice specifying the amount of original issue discount (including daily rates and accrual periods) accrued on such Outstanding Original Issue Discount Securities as of the end of such year and (2) such other specific information relating to such original issue discount as may then be relevant under the Internal Revenue Code.

  • Calculation of Original Issue Discount The Company shall file with the Trustee promptly at the end of each calendar year (i) a written notice specifying the amount of original issue discount (including daily rates and accrual periods) accrued on Outstanding Securities as of the end of such year and (ii) such other specific information relating to such original issue discount as may then be relevant under the Internal Revenue Code of 1986, as amended from time to time.

  • Original Issue of Notes The Notes may, upon execution of this Supplemental Indenture, be executed by the Company and delivered to the Trustee for authentication, and the Trustee shall, upon receipt of a Company Order, authenticate and deliver such Notes as in such Company Order provided.

  • Original Issue Discount Legend Each Note issued with original issue discount, if any, will bear a legend in substantially the following form: “FOR THE PURPOSES OF SECTIONS 1272, 1273 AND 1275 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, THIS SECURITY IS BEING ISSUED WITH ORIGINAL ISSUE DISCOUNT; FOR EACH $1,000 IN AGGREGATE PRINCIPAL AMOUNT OF THIS SECURITY, THE ISSUE PRICE IS $[ ], THE AMOUNT OF ORIGINAL ISSUE DISCOUNT IS $[ ], THE ISSUE DATE IS [ ], 201[ ] AND THE YIELD TO MATURITY IS [ ]% PER ANNUM.”

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