Execution of Promissory Note. I acknowledge that as an accommodation to me the Company has made payments on my behalf to U.S. Bank totaling $14,215.03 to U.S. Bank under the terms of a promissory note made by me in favor of U.S. Bank in connection with the purchase by me of common stock of the Company in March 1995. Upon the execution of this Agreement, I will execute a promissory note in favor of the Company in the form of the attached Exhibit A (the "Note"), evidencing my obligation to repay the Company all sums owing the Company in accordance with the terms of the Note.
Execution of Promissory Note. If the Registration Statement does not become effective by June 30, 1996, for whatever reason, then Winners shall execute and deliver to Mapex x xromissory note in the form attached hereto as Exhibit A (the "Note").
Execution of Promissory Note. Guo Xxxx Xxxx shall have executed a Promissory Note in favor of Gao Wan Jun in substantially the form attached hereto as Exhibit A and incorporated herein by this reference.
Execution of Promissory Note. 6.1 In exchange for the Bank's performance, as described above, EDI and Electropure agree to execute the 8% One-Year Convertible Term Note (the "Note") attached hereto and made a part hereof as Exhibit "B". For purposes of the preceding sentence, if an Uncured Default shall occur or in the event the Bank revokes this Agreement in accordance with Paragraph 11.2 hereof, it shall be deemed to have complied and performed the obligations hereunder. The amount of such Note represents Twelve Thousand Dollars ($12,000.00) in payment of attorneys' fees and to reimburse the Bank for the air travel, hotel and car rental expenses incurred by its representatives in traveling to California to execute this Settlement Agreement (The "Cash Obligation") Payment by EDI and Electropure of the Cash Obligation shall be made in accordance with the terms of such Note.
Execution of Promissory Note. Buyer shall execute a promissory note in form and content substantially as shown on Exhibit A attached hereto (the “Promissory Note”) pursuant to which, among other things, the Buyer shall pay Franchisor the principal sum of [**********].
Execution of Promissory Note. Contemporaneously with the Closing:
Execution of Promissory Note. Ginkgo shall have received, in form and substance satisfactory to Ginkgo, a fully-executed copy of the Promissory Note.
Execution of Promissory Note. The parties hereby agree that the balance of the purchase price for the Property, being $4,000,000, shall be satisfied by Global's execution of the Promissory Note which is attached hereto as Exhibit B.
Execution of Promissory Note. The Purchaser shall have properly executed and delivered to the Seller Member the Promissory Note.
Execution of Promissory Note. The Company and Chase shall enter into that certain New Note, as attached hereto as Exhibit 2.2 evidencing the remaining $250,000 due and payable to Chase and including the right to convert any such principal and interest due and owing into additional Units based on any Units sold by the Company to an individual or entity referred to or introduced by Chase to the Company.
