Examples of Subsequent Note in a sentence
Purchaser may assign its Subsequent Note Purchase right hereunder to any affiliate of such Purchaser.
The terms and conditions of any Subsequent Note Purchase shall be identical to the terms and conditions set forth in this Agreement applicable to the sale of the Note on the date hereof, including without limitation each Subsequent Note will be in the form of the Note issued hereto, provided that the Maturity Date thereunder shall be on ninth (9th) month from the Subsequent Note’s issue date.
SUBSEQUENT BUYER: By: Name: Title: Aggregate Principal Amount of Subsequent Note Purchased: Number of Subsequent Warrant Shares: Subsequent Purchase Price: Address: Attention: Facsimile: Telephone: Email: Accepted by: COMPANY: ENER-CORE, INC.
This Master Note shall survive until the later of (i) the Option Expiration Date, and (ii) the date the last funded Subsequent Note has been repaid or converted in full.
Each Additional Purchaser shall purchase such number of Subsequent B Shares and a Subsequent Note in such principal amount as agreed to by such Additional Purchaser and Sentinel.
The Servicer shall furnish, or cause to be furnished, to the Administrative Agent, promptly following any request therefor, such information regarding the operations, business affairs and financial condition of the Borrower, or the Borrower’s or the Servicer’s compliance with the terms of this Agreement and the other Loan Documents, as the Administrative Agent or any Lender may reasonably request.
The terms and conditions of any Subsequent Note Purchase shall be identical to the terms and conditions set forth in this Agreement applicable to the sale of the Note on the date hereof, including without limitation each Subsequent Note will be in the form of the Note issued hereto, provided that the Maturity Date thereunder shall be on ninth (9 th) month from the Subsequent Note’s issue date.
The Investor may, at its option, purchase shares of the Company’s Common Stock by converting amounts outstanding under the Note or, if applicable, the Additional Note and the Subsequent Note, at the applicable Conversion Price as provided therein (in each case, a “Note Conversion Closing”).
The Company shall pay to the Purchaser a ticking fee on June 30, 2008 (the “Ticking Fee”), measured from May 25, 2008 to June 30, 2008, at the rate of 0.50% per annum (computed on the basis of a 360-day year for the actual number of days in such period), on the principal amount of the Subsequent Note.
The principal amount of each Subsequent Note shall be determined by the Purchaser subject to the maximum principal amount in this section, provided each Subsequent Note shall have a minimum principal amount of $1,000,000.