Buyer Note definition

Buyer Note has the meaning set forth in Section 2(b) below.

Buyer Note has the meaning set forth in (S) 2(b) below.

Buyer Note has the meaning set forth in Section 4.1(c).

Examples of Buyer Note in a sentence

• Any dealer registered pursuant to section 15 of the Exchange Act acting in a riskless principal transaction on behalf of a Qualified Institutional Buyer; Note: A registered dealer may act as agent, on a non-discretionary basis, in a transaction with a Qualified Institutional Buyer without itself having to be a Qualified Institutional Buyer.

• The notes are convertible into shares of the Company’s common stock at a conversion rate of sixty percent (60%) of the lower of: (i) lowest trading price or (ii) lowest closing bid price of the Company’s common stock over the last 20 trading days prior to conversion, with the discount increased (i.e., the conversion rate decreased) to fifty percent (50%) in the event of a DTC chill, with the second note not being convertible until the buyer has settled the Buyer Note in cash payment.

• The notes are convertible into shares of the Company’s common stock at a conversion rate of fifty-seven percent (57%) of the lowest of trading price over last 20 trading days prior to conversion, or the lowest closing bid price over the last 20 trading days prior to conversion, with the discount increased (i.e., the conversion rate decreased) to forty-seven percent (47%) in the event of a DTC chill, with the second note not being convertible until the buyer has settled the Buyer Note in cash payment.

• The Buyer Note was due on August 20, 2018, and the Company received the funding on July 11, 2018, for cash proceeds of $74,000.

• Once verified by both parties Buyer: Note: SALAT AL UMNIAT FOODSTUFF TRADING LLC.ON BEHALF ON NVIH ( MALTA) Demo NEW VISION INTERNATIONAL HOLDING MALTA HEAD OFFICE.

More Definitions of Buyer Note

Buyer Note means the $50,000 principal amount promissory note dated as of the date hereof delivered by Buyer to Roche Nutley substantially in the form of Exhibit A hereto.

Buyer Note has the meaning set forth in Section 1.1(F).

Buyer Note is defined in Section 2.2(a).

Buyer Note means the promissory note of Buyer in substantially the form of Exhibit B.

Buyer Note means the promissory note substantially in the form attached hereto as Exhibit A, which note shall be secured as set forth in the Security Agreement attached hereto as Exhibit B. The original principal amount of the Buyer Note will be equivalent to the product of (1) 40%, multiplied by (2) the Net Closing Consideration.

Buyer Note has the meaning set forth in ss.2(g).

Buyer Note means the secured convertible promissory note in the principal amount of $2,000,000, dated as of the May 1, 2017, to be issued to SolBright, which note shall be subordinated to the Notes.