Common use of COMMITMENT NOTE Clause in Contracts

COMMITMENT NOTE. As a condition for the execution of this Agreement by the Investor, the Company shall issue to the Investor a note in the principal amount equal to $65,000 (the “Secured Note”) on the Execution Date.

Appears in 2 contracts

Samples: Equity Purchase Agreement (Franchise Holdings International, Inc.), Equity Purchase Agreement (Franchise Holdings International, Inc.)

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COMMITMENT NOTE. As a condition for the execution of this Agreement by the Investor, the Company shall issue to the Investor a note in the principal amount equal to $65,000 50,000.00 (the “Secured Commitment Note”) on the Execution Date.

Appears in 1 contract

Samples: Equity Purchase Agreement (Cannasys Inc)

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COMMITMENT NOTE. As a condition for the execution of this Agreement by the Investor, the Company shall issue to the Investor a note in the principal amount equal to $65,000 (the "Secured Note") on the Execution Date.

Appears in 1 contract

Samples: Equity Purchase Agreement (Franchise Holdings International, Inc.)

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