Examples of Promissory Notes in a sentence
There are substantial risks associated with, and you must be prepared to bear the entire loss of, an investment in our Convertible Promissory Notes.
On this basis and in light of the fact that the Supplemental Agreement will enable the Company to proceed with the Acquisition, the Board is of the view that the terms of the Supplemental Agreement and the issue of the Promissory Notes are fair and reasonable and in the best interests of the Company and its Shareholders as a whole.
Representatives of the Company and the Vendors then entered into arm’s length negotiations and agreed that the Company will issue the interest-free Promissory Notes instead of the Convertible Bonds to satisfy the relevant portion of the Consideration for the purchase of the Sale Shares.
We urge you to review our filings, as well as the Securities Purchase Agreement, Form of Convertible Note and Form of Stock Purchase Warrant, before deciding whether or not to invest in our Convertible Promissory Notes.