Form of Payment for Note. At the Closing, (i) the Purchaser shall pay the Purchase Price to the Company for the Note and (ii) the Company shall deliver to Purchaser the Note in the aggregate principal amount of $100,000,000.
Form of Payment for Note. On the Closing Date, (i) each Buyer shall pay its Note Purchase Price to the Company by way of converting, and forever releasing the Company from, the amount of the Company's indebtedness to such Buyer under the Debt and the Consulting Debt equal to such Buyer's Note Purchase Price, and such conversion and release will hereby be deemed completed upon the Closing; each Buyer will provide to the Company on Closing a full and final release respecting the Purchase Price portion of the Debt; and (ii) the Company shall deliver the Note to the Buyers, which such Buyer is purchasing hereunder, duly registered in the name of such Buyer or its designee (and allocated amongst each Buyer in accordance with each Buyer's pro rata share of the Note Purchase Price).
Form of Payment for Note. On the Closing Date, (i) each Buyer shall pay its Note Purchase Price to the Company by way of converting, and forever releasing the Company from, the amount of the Company's indebtedness to such Buyer under the Debt and the Consulting Debt equal to such Buyer's Note Purchase Price, and such conversion and release will hereby be deemed completed upon the Closing; each Buyer will provide to the Company on Closing a full and final release respecting the Purchase Price portion of the Debt; and (ii) the Company shall deliver the Note to the Buyers, which such Buyer is purchasing hereunder, duly registered in the name of such Buyer or its designee (and allocated amongst each Buyer in accordance with each Buyer's pro rata share of the Note Purchase Price).
