Common use of Purchase and Sale of the Notes Clause in Contracts

Purchase and Sale of the Notes. Subject to the terms and conditions of this Agreement, on the Closing Date, each of the Investors shall severally, and not jointly, purchase, and the Company shall sell and issue to the Investors, the Notes at 100% of face value in the respective amounts set forth opposite the Investors’ names on the signature pages attached hereto in exchange for the Purchase Price as specified in Section 3 below.

Appears in 1 contract

Samples: Purchase Agreement (Velocity Express Corp)

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Purchase and Sale of the Notes. Subject to the terms and conditions of this Agreement, on the Closing Date, each of the Investors shall severally, and not jointly, purchase, and the Company shall sell and issue to the Investors, the Notes at 100% of face value in the respective amounts set forth opposite the Investors’ names on the signature pages attached hereto in exchange for the Purchase Price as specified in Section 3 below.

Appears in 1 contract

Samples: Note Purchase Agreement (Viryanet LTD)

Purchase and Sale of the Notes. Subject to the terms and conditions of this Agreement, on the Closing Date, each of the Investors shall severally, and not jointly, purchase, and the Company shall sell and issue to the Investors, the Notes at 100% of face value in the respective amounts and for the purchase price set forth opposite the Investors’ names on the signature pages attached hereto in exchange for the Purchase Price as specified in Section 3 below.

Appears in 1 contract

Samples: Note Purchase Agreement (Rx Staffing, Inc.)

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Purchase and Sale of the Notes. Subject to the terms and conditions of this Agreement, on the Closing Date, each of the Investors shall severally, and not jointly, purchase, and the Company shall sell and issue to the Investors, the Notes at 100% of face value in the respective principal amounts set forth opposite the Investors’ names on the signature pages attached hereto in exchange for (i) the Cash Purchase Price Price, payable as specified in Section 3 below, and (ii) the surrender and cancellation of $2,000,000 in aggregate principal amount of the Existing Notes by the Investors as specified on the signature pages hereto.

Appears in 1 contract

Samples: Purchase Agreement (Visual Networks Inc)

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