Issuance of Notes and Warrants. At the Closing (as defined below), the Company agrees to issue and sell to each of the Investors, and, subject to all of the terms and conditions hereof, each of the Investors severally agrees to purchase a convertible promissory note in the form of Exhibit A hereto (each, a “Note” and, collectively, the “Notes”) in the principal amount set forth opposite the respective Investor’s name on the signature page hereto. The obligations of the Investors to purchase Notes are several and not joint.
Appears in 2 contracts
Samples: Note and Warrant Purchase Agreement (New Design Cabinets, Inc.), Note and Warrant Purchase Agreement (New Design Cabinets, Inc.)
Issuance of Notes and Warrants. (i) At the Closing (as defined below), the Company agrees to issue and sell to each of the Investors, and, subject to all of the terms and conditions hereof, each of the Investors severally agrees to purchase a secured convertible promissory note in the form of Exhibit A hereto (each, a “Note” and, collectively, the “Notes”) in the principal amount set forth opposite the respective Investor’s name on the signature page Schedule I hereto. The obligations of the Investors to purchase Notes are several and not joint.
Appears in 1 contract
Samples: Note and Warrant Purchase Agreement (KL Energy Corp)
Issuance of Notes and Warrants. At the Closing (as defined below), the Company agrees to issue and sell to each of the Investors, and, subject to all of the terms and conditions hereof, each of the Investors severally agrees to purchase a convertible senior subordinated promissory note in the form of Exhibit A hereto (each, a “Note” and”, and collectively, the “Notes”) in the principal amount set forth opposite the respective Investor’s name on the signature page Schedule I hereto. The obligations of the Investors to purchase Notes are several and not joint.
Appears in 1 contract
Samples: Unit Purchase Agreement (Motive Inc)
Issuance of Notes and Warrants. At the Closing (as defined below), the Company agrees to issue and sell to each of the Investors, and, subject to all of the terms and conditions hereof, each of the Investors severally agrees to purchase a convertible promissory note in the form of Exhibit A hereto (each, a “Note” and, collectively, the “Notes”) in the principal amount set forth opposite the respective Investor’s name on the signature page Schedule I hereto. The obligations of the Investors to purchase Notes are several and not joint.
Appears in 1 contract
Samples: Form of Note and Warrant Purchase Agreement (Visualant Inc)
