Issuance of Convertible Notes. The Convertible Notes to be issued as part of the Buyer Consideration and the Ireland Consideration in connection with the Acquisition, when issued, will be duly authorized and validly issued.
Issuance of Convertible Notes. Pursuant to the Merger, the Company has agreed to issue Convertible Notes in the aggregate principal amount of $75,000,000 to the respective Holders and in the respective amounts for each Holder set forth on Exhibit A. Each Convertible Note shall be substantially in the form set forth in Exhibit B, which is incorporated in and forms a part of this Agreement
Issuance of Convertible Notes. Company's indebtedness to Lender for amounts borrowed under each Loan and for interest accrued thereon shall be evidenced by Company’s separate Convertible Note to Lender, on form of Convertible Note attached hereto as Exhibit B and incorporated herein by reference in the amount of each Loan, not to exceed in the aggregate the Non-Revolving Credit Commitment (individually, the "Convertible Note"). Each Convertible Note shall be subject to the terms and conditions of this Agreement.
Issuance of Convertible Notes. Subject to the terms and ----------------------------- conditions set forth in this Agreement, on the Closing Date, the Company agrees to sell to the Purchaser, and the Purchaser agrees to purchase the Convertible Notes. Delivery of the Convertible Notes to be purchased by the Purchaser pursuant to this Agreement shall be made, pursuant to Section 4.4, on the Closing Date by the Company to the Purchaser, against payment of the Purchase Price.
Issuance of Convertible Notes. Upon the following terms and conditions, the Company shall issue and sell to the Purchasers, and the Purchasers shall purchase from the Company, the Convertible Notes in the principal amount set forth below their name on the signature pages hereto (up to an aggregate principal amount of $5,000,000).
Issuance of Convertible Notes. The Company and/or its affiliates shall have received up to the Equity Contribution Threshold Amount (as defined in the Additional Terms Letter) and the Convertible Notes shall have been acquired, or substantially simultaneously with the borrowing under this Agreement shall be acquired by the Company and/or its affiliates in all material respects in accordance with the terms of the Investment Agreement (the “Investment Agreement”), entered into on November 8, 2017, between the Underlying Issuer, Silver Lake Credit Partners, L.P. (“SLCP”) (or its applicable affiliates) and the other parties party thereto, after giving effect to any modifications, amendments, consents or waivers by SLCP thereto, other than those modifications, amendments, consents or waivers that are materially adverse to the interests of the Lenders in their capacities as such unless consented to in writing by the Required Lenders (such consent not to be unreasonably withheld, delayed or conditioned).
Issuance of Convertible Notes. In return for the Consideration paid by each Lender, the Company shall sell and issue to such Lender one or more Notes. Each Note shall have a principal balance equal to the Consideration paid by such Lender for the Note, as set forth in the Schedule of Lenders. Each Note shall be convertible into Conversion Shares pursuant to Section 2.2 below.
Issuance of Convertible Notes. At least $800,000 of Convertible Promissory Notes (the “Notes”) shall have been issued by Chembio, with the proceeds of the sale of such Notes to be used for the business of the Surviving Corporation in accordance with the term sheet dated February , 2004, attached hereto as Exhibit E.
Issuance of Convertible Notes. Subject to the terms and conditions of this Agreement, at the First Debt Closing, the Company will sell and Purchaser will purchase the $3,300,000 Convertible Note having an aggregate principal amount of $3,300,000. Subject to the terms and conditions of this Agreement, at the Second Debt Closing, the Company will sell and Purchaser will purchase the $700,000 Convertible Note having an aggregate principal amount of $700,000.
Issuance of Convertible Notes. The Convertible Notes shall have been issued on the terms set forth in the Convertible Notes Documents.
