Purchase Note. The Purchase Note shall have the terms and conditions as set forth in this Section 5.
Purchase Note. Immediately upon the execution of this Agreement, Assignor shall execute and deliver to Assignee a promissory note in the principal amount of $58,435.80 in the form attached as Exhibit B (the “Purchase Note”).
Purchase Note. “Purchase Note” shall mean the senior secured convertible promissory note in the form of Exhibit B annexed hereto and made a part hereof.
Purchase Note. Notwithstanding the provisions of Section 2.6(b)(i), the Purchase Note shall be made payable to New West Realty, Inc. Notwithstanding the provisions of (a) Section 2.6(b)(ii)(B), Twelve Thousand Dollars ($12,000) of interest shall be paid monthly under the Purchase Note in arrears for the first two calendar months of 2010 and thereafter shall be paid quarterly in arrears commencing April 1, 2010 and (b) Section 2.6(b)(ii)(F), the Purchase Note may be bifurcated into up to four (4) promissory notes on the Adjustment Date. The Purchase Note attached to the Purchase Agreement as Exhibit I shall be modified to incorporate the foregoing.
Purchase Note. Buyer shall deliver to the Shareholders' representative at Closing a promissory note (the "Purchase Note"), in the principled amount of $180,000 bearing no interest and requiring Buyer to make payments in accordance with the schedule set forth on the annexed to the promissory note, total payments to be made by December 15, 1999.
Purchase Note. Purchaser shall have executed and delivered the Purchase Note in substantially the form attached hereto as Exhibit "A."
Purchase Note. At the Closing, Buyer shall executed and deliver to Seller a promissory note in the original principal amount of $100,000 in the form attached hereto as EXHIBIT D hereto (the “Purchase Note”), which shall (A) bear interest at a rate of five percent (5.0%) per annum, (B) call for payment of the entire principal of and all interest on such Purchase Note on the first annual anniversary of the Closing Date, and (C) be secured by a first-priority lien in the Assets pursuant to the Security Agreement in the form attached hereto at EXHIBIT E (the “Security Agreement”).
Purchase Note. (a) Buyer shall deliver to Seller at Closing a promissory note (the "Purchase Note"), substantially in the form attached hereto as an exhibit, which Purchase Note shall be made by Buyer in favor of Seller, in an original principal amount equal to (x) the Principal Amount (as defined below).
Purchase Note. The Purchase Note, substantially in the form of ------------- Exhibit 12.3(a) hereto. ---------------
