Authorization and Issuance of the Notes. The Company has duly authorized the issuance and sale to Noteholders of $4,000,000 in aggregate principal amount of the Company’s Subordinated Secured Notes Due 2009 (including any such Notes issued in substitution therefor pursuant to Section 9.06 hereof and any such Notes issued in payment of accrued interest pursuant to Section 3.01 hereof, the “Notes”).
Authorization and Issuance of the Notes. 2.1. Authorization of Issue
Authorization and Issuance of the Notes. The Company has authorized the issuance and sale of the Company’s Convertible Promissory Notes, in the form attached hereto as Exhibit A (each, a “Note”, and collectively, the “Notes”).
Authorization and Issuance of the Notes. The issuance of the Notes has been duly authorized by all necessary corporate action on the part of Greka AM and, upon delivery of the Notes against payment in accordance with the terms hereof, the Notes will have been validly issued, free and clear of all pledges, liens, encumbrances and preemptive rights.
Authorization and Issuance of the Notes. The Borrower has authorized the issuance to the Lenders of senior secured term notes in the aggregate original principal amount of $17,500,000 (the “Notes”), to be dated as of the Closing Date, to mature on the Maturity Date, to bear interest on the unpaid balance thereof (to the extent funded by the Lenders) from the Closing Date until the principal shall have become due and payable, at the applicable rate specified in Article IV and to be substantially in the form of Exhibit A as applicable.
Authorization and Issuance of the Notes. Nautilus has duly authorized the issuance and sale to Purchasers (or nominee of any Purchaser) of $6,096,996.21 in aggregate principal amount at maturity of its Increasing Rate Senior Discount Notes Due December 31, 2012 (including any Notes issued in substitution therefor pursuant to Sections 6.3 and 6.4 hereof, the “ Notes ”), to be substantially in the form of the Note attached hereto as Exhibit A .
Authorization and Issuance of the Notes. The Loan Parties have duly authorized the issuance and sale to Purchaser of (i) $6,650,000 in aggregate principal amount of the Loan Parties' Series A Senior Subordinated Notes Due September 30, 2006 (including any Series A Notes issued in substitution therefor pursuant to Sections 6.3 and 6.4 hereof, any Series A Notes issued in payment of any Capitalized Interest pursuant to Section 3.1, and any Series A Notes issued in exchange for Put Shares pursuant to Section 9.4 or Section 9.5, the "Series A Notes"), to be substantially in the form of the Series A Note attached hereto as Exhibit A, and (ii) $350,000 in aggregate principal amount of the Loan Parties' Series B Subordinated Notes Due September 30, 2006 (including any Series B Notes issued in substitution therefor pursuant to Sections 6.3 and 6.4 hereof, any Series B Notes issued in payment of any Capitalized Interest pursuant to Section 3.1, and any Series B Notes issued in exchange for Put Shares pursuant to Section 9.4 or Section 9.5, the "Georgia Notes"), to be substantially in the form of the Georgia Note attached hereto as Exhibit A-1, and (iii) $500,000 in aggregate principal amount of the Loan parties' Series C Subordinated Notes Due September 30, 2000 (including any Series C Notes issued in substitution therefor pursuant to Section 6.3 and 6.4 hereof, and any Series C Notes issued in payment of any capitalized Interest pursuant to Section 3.1, the "Series C Notes"), to be substantially in the form of the Series C Note attached hereto as Exhibit A-2 (the Series A Notes, the Georgia Notes and the Series C Notes are collectively referred to herein as the "Notes")."
Authorization and Issuance of the Notes. Subject to the terms and conditions of this Agreement, the Borrower has authorized the sale and issuance to the Purchasers of the subordinated secured promissory notes issued by the Borrower in the aggregate principal amount of $4,400,000 to be dated as of the Closing Date, to mature on the Maturity Date, substantially in the form of Exhibit A (the “Notes”).
Authorization and Issuance of the Notes. The Company has duly authorized the issuance and sale to Purchasers of up to $1,075,000 in aggregate principal amount of the Company’s Subordinated Convertible Promissory Notes Due December 31, 2006 (including any Notes issued in substitution therefor pursuant to Sections 6.6 and 6.7 hereof, the “Notes”), to be substantially in the form of the Note attached hereto as Exhibit A.
Authorization and Issuance of the Notes. (a) The US Loan Parties have duly authorized the issuance and sale to Purchasers of $10,000,000 in aggregate principal amount of the US Loan Parties’ Senior Secured Subordinated Notes Due March 29, 2011 to be substantially in the form of the Note attached hereto as Exhibit A-1 (including any Notes issued in substitution therefor pursuant to Sections 6.3 and 6.4 hereof and any Notes issued in exchange for Put Shares pursuant to Section 10.4 or Section 10.5, the “US Notes”).
(b) The Canadian Loan Parties have duly authorized the issuance and sale to Purchasers of $4,000,000 in aggregate principal amount of the Canadian Loan Parties’ Senior Secured Subordinated Notes Due March 29, 2011 to be substantially in the form of the Note attached hereto as Exhibit A-2 (including any Notes issued in substitution therefor pursuant to Sections 6.3 and 6.4 hereof and any Notes issued in exchange for Put Shares pursuant to Section 10.4 or Section 10.5, the “Canadian Notes”).
