Common use of Purchase and Sale of Convertible Note Clause in Contracts

Purchase and Sale of Convertible Note. (a) Subject to the terms and conditions set forth herein, the Company agrees to issue and sell to Purchaser, and Purchaser agrees to purchase from the Company, the Convertible Note. (b) Purchaser shall acquire Convertible Note on the Closing Date in an aggregate principal amount of Two Million Five Hundred Thousand Dollars ($2,500,000.00).

Appears in 2 contracts

Samples: Securities Purchase Agreement (Hepalife Technologies Inc), Securities Purchase Agreement (Hepalife Technologies Inc)

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Purchase and Sale of Convertible Note. (a) Subject to the terms and conditions set forth herein, the Company agrees to issue and sell to Purchaser, and Purchaser agrees to purchase from the Company, the Convertible Note. (b) Purchaser shall acquire Convertible Note on the Closing Date in an aggregate principal amount of One Million Two Million Five Hundred Fifty Thousand Dollars ($2,500,000.001,250,000.00).

Appears in 1 contract

Samples: Securities Purchase Agreement (Royal Spring Water Inc)

Purchase and Sale of Convertible Note. (a) Subject to the terms and conditions set forth herein, the Company agrees to issue and sell to Purchaser, and Purchaser agrees to purchase from the Company, the Convertible Note. (b) Purchaser shall acquire Convertible Note on the Closing Date in an aggregate principal amount of Two Three Million Five Hundred Thirty Thousand Dollars ($2,500,000.003,530,000.00).

Appears in 1 contract

Samples: Securities Purchase Agreement (Convergence Ethanol, Inc.)

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Purchase and Sale of Convertible Note. (a) Subject to the terms and conditions set forth herein, the Company agrees to issue and sell to Purchaser, and Purchaser agrees to purchase from the Company, Convertible Note up to the Convertible Noteaggregate principal amount. (b) Purchaser shall acquire Convertible Note on the Closing Date in an aggregate principal amount of Two Million Five Hundred Fifty Thousand Dollars ($2,500,000.00250,000.00).

Appears in 1 contract

Samples: Securities Purchase Agreement (Liberty Star Uranium & Metals Corp.)

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