Sale and Issuance of Notes. Subject to the terms and conditions of this Agreement, each Purchaser agrees to purchase at the Closing (as defined below) and the Company agrees to sell and issue to each Purchaser a Note in the principal amount set forth opposite such Purchaser’s name on Exhibits A. The purchase price of each Note shall be equal to 100% of the principal amount of such Note. The Company’s agreements with each of the Purchasers are separate agreements, and the sales of the Notes to each of the Purchasers are separate sales.
Sale and Issuance of Notes. Subject to the terms and conditions of this Agreement, the Purchaser agrees to purchase at Closing (as defined below), and the Company agrees to sell and issue to the Purchaser, a Note in the Principal Amount. The purchase price of the Note shall be equal to $1,200,000 (the “Purchase Price”).
Sale and Issuance of Notes. Subject to the terms and conditions contained herein, at each Closing (as defined below), the Company agrees to issue and sell to each Investor, and each Investor, severally and not jointly, agrees to purchase, one or more Notes in the principal amount set forth opposite such Investor’s name as specified for the applicable Closing on the Schedule of Investors attached hereto as Schedule 1 (“Schedule of Investors”). At each Closing, the Company shall deliver to each Investor the Note to be purchased by such Investor against (1) payment of the purchase price therefor, as set forth opposite such Investor’s name on the Schedule of Investors for the applicable Closing (as applicable, the “Purchase Price”) by check payable to the Company, by wire transfer to a bank designated by the Company and, for any Investor that holds an Advance Note, by automatic surrender for cancellation of any Advance Notes held by such Investor and (2) delivery of counterpart signature pages to this Agreement and the Note. The Purchase Price of each Note shall be equal to 100% of the principal amount of such Note. The Company’s agreements with each of the Investors are separate agreements, and the sales of the Notes to each of the Investors are separate sales.
Sale and Issuance of Notes. Subject to the terms and conditions of this Agreement, each Investor agrees to purchase at the Closing (as defined herein), and the Company agrees to sell and issue to each Investor at the Closing, a Note in the principal amount set forth opposite such Investor’s name on Exhibit A for a purchase price equal to such amount (the “Purchase Price”)
Sale and Issuance of Notes. Subject to the terms and conditions of this Agreement, at the Closing (as defined below), each Investor agrees to purchase, severally and not jointly, and the Company agrees to sell and issue to each Investor, a Note in the principal amount set forth opposite the Investor’s name on Schedule I hereto. The Notes shall be convertible into Common Stock at the price of $0.40 per share, subject to adjustment as set forth in the Notes (the “Note Conversion Price”).
Sale and Issuance of Notes. (a) Subject to the terms and conditions of this Agreement, the Purchaser agrees, to purchase at the Closings and the Company agrees to sell and issue to the Purchaser, a Note for $2,000,000 (the "$2,000,000 Note") and a Note for $1,000,000 (the "$1,000,000 Note").
Sale and Issuance of Notes. The Company shall sell to the New Investors and the New Investors shall purchase from the Company, an aggregate principal amount of up to $3,000,000 of Notes at par. The principal amount of Notes to be purchased by each of the New Investors from the Company at the Closing (as defined herein) is set forth opposite the name of each New Investor on the signature page hereof, subject to acceptance, in whole or in part, by the Company.
Sale and Issuance of Notes. At the Initial Closing (as defined below), the Purchaser purchased from the Company, and the Company sold and issued to the Purchaser, the First Note in the First Note Principal Amount (the “Initial Closing Date Purchase Price”). Subject to the terms and conditions of this Agreement, the Purchaser agrees to purchase at the Second Closing (as defined below) and the Company agrees to sell and issue to the Purchaser, the Second Note in the Second Note Principal Amount.
Sale and Issuance of Notes. Subject to the terms and conditions hereof, each Purchaser, severally, but not jointly, agrees to purchase, and the Company agrees to sell and issue to each Purchaser, up to the aggregate principal amount of Notes set forth opposite the respective Purchaser’s signature page to this Agreement (for each Purchaser, its “Commitment”). The aggregate principal amount of all Notes issued hereunder shall not exceed Cdn.$2,000,000 (the “Total Commitment”) and each Purchaser’s obligations to purchase Notes hereunder shall not exceed such Purchaser’s Commitment.
Sale and Issuance of Notes. The Company shall sell to the Investors and the Investors shall purchase from the Company, up to $1,000,000 in aggregate principal amount of Notes for an aggregate purchase price of US$1,000,000.
