Issuance of the Note. The Note to be issued hereunder is duly authorized and, upon payment and issuance in accordance with the terms hereof, shall be free from all taxes, Liens and charges with respect to the issuance thereof. All actions by the Board, the Company and its stockholders necessary for the valid issuance of the Note.
Issuance of the Note. Subject to the satisfaction of terms and conditions of this Agreement, at the Closing (as defined below), the Company agrees to issue to the Purchaser and the Purchaser hereby agrees to purchase from the Company, the Note, in the amount of the Principal Amount.
Issuance of the Note. The Notes are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be valid obligations of the Company.
Issuance of the Note. In reliance upon the representations, warranties and covenants of the parties set forth herein, the Company hereby issues, sells and delivers to the Purchaser, and the Purchaser accepts delivery from the Company, of the Note in the form attached hereto as Exhibit A, with respect to the aggregate consideration delivered by the Purchaser to the Company in the amount set forth upon the face of such Note.
Issuance of the Note. Lxxxx shall have issued its original Note to Victory duly executed by the authorized officers of Lxxxx, and the Note shall have been delivered to Victory.
Issuance of the Note. This Note has been issued the Company pursuant to authorization of the Board of Directors of the Company (the "Board") and issued pursuant to a letter agreement (the "Agreement") by and among the Company and .
Issuance of the Note. Subject to the terms and conditions of this Agreement, at the Note Closing (as defined below), the Company shall issue and sell to the Purchaser, and the Purchaser agrees to purchase from the Company, the Note in the form of Exhibit B (the “Note Instrument”), against payment by the Purchaser to the Company of the Principal Amount.
Issuance of the Note. At the Closing (as defined below) the Issuers, jointly and severally, agree to issue and sell to Purchaser, and, subject to all of the terms and conditions hereof, Purchaser agrees to purchase, the Note.
Issuance of the Note. 2.1. Upon the Effective Date (as defined in the Merger Agreement) and in accordance with the Merger Agreement, Brazos shall issue the Note to Seafirst. The Note shall be convertible into Common Stock, as provided in Section 3 hereof. Brazos shall have the right to prepay the principal amount of the Note in full or in part at any time, without premium or penalty.
Issuance of the Note. Subject to the terms and conditions of this Agreement, at the Closing, the Borrower agrees to issue and sell the Note to the Lender against payment by the Lender to the Borrower of the Principal Amount. The Note shall be in the form of Exhibit A attached hereto.
