Common use of NOTE ISSUANCES; PURCHASE OF VIDEOSEEKER ASSETS BY XENON Clause in Contracts

NOTE ISSUANCES; PURCHASE OF VIDEOSEEKER ASSETS BY XENON. 2. (a) --------------------------------------------------------- Subject to the satisfaction or waiver of the conditions set forth in this Agreement, after the Effective Time and the consummation of all of the transactions contemplated by Sections 2.1, 2.2, 2.3 and 2.4 of this ------------ --- --- --- Agreement, GE Investments Sub shall purchase the Xenon 2 Convertible Note from Xenon 2 in exchange for an assignment of the NBC Note from GE Investments Sub to Xenon 2 and the assignment and sale by GE Investments Sub of the Videoseeker Assets to Xenon 2, free and clear of all Liens except those set forth on Schedule 1.1(e).

NOTE ISSUANCES; PURCHASE OF VIDEOSEEKER ASSETS BY XENON. 2. (a) --------------------------------------------------------- Subject to the satisfaction or waiver of the conditions set forth in this Agreement, after the Effective Time and the consummation of all of the transactions contemplated by Sections SECTIONS 2.1, 2.2, 2.3 and 2.4 of this ------------ --- --- --- Agreement, GE Investments Sub shall purchase the Xenon 2 Convertible Note from Xenon 2 in exchange for an assignment of the NBC Note from GE Investments Sub to Xenon 2 and the assignment and sale by GE Investments Sub of the Videoseeker Assets to Xenon 2, free and clear of all Liens Liens, except those set forth on Schedule 1.1(e).