Sale and Purchase of Note. Subject to the terms and conditions of this Agreement, the Company will issue and sell to you and you will purchase from the Company, at the Closing provided for in Section 3, the Note at the purchase price of 100% of the principal amount of the Note (the “Purchase Price”).
Sale and Purchase of Note. Upon the terms, conditions, representations and warranties set forth in this Agreement, WBM hereby agrees to sell the Note to DMIC and DMIC hereby agrees to purchase the Note from WBM.
Sale and Purchase of Note. Subject to the terms and conditions hereof, the Company hereby sells to the Investor, and the Investor hereby purchases from the Company, a secured promissory note in the form attached hereto as Exhibit A (the “Note”) in the principal amount of $100,000, for a purchase price of $100,000. Interest will accrue on the unpaid principal balance of the Note at the rate of six percent (6%) per. All principal and unpaid interest shall be due and payable on November 5, 2013.
Sale and Purchase of Note. The Company has authorized (i) the sale and issuance to the Investor of a convertible promissory note in the principal amount of $200,000 (the "Convertible Promissory Note") and (ii) the issuance of such shares of Common Stock to be issued upon conversion of the Convertible Promissory Note. The Convertible Promissory Note shall have the rights, preferences, privileges and restrictions set forth in the form of Convertible Promissory Note attached hereto as Exhibit A. The Investor understands that the Common Shares to be issued upon conversion will be restricted securities subject to the resale provisions of Rule 144.
Sale and Purchase of Note. Upon the terms, conditions, representations and warranties herein set forth, Sheboygan Falls hereby agrees to sell the Note to Donegal Mutual and Donegal Mutual hereby agrees to purchase the Note from Sheboygan Falls.
Sale and Purchase of Note. The Company agrees to issue to the Purchaser, and the Purchaser agrees to purchase from the Company, the 8% Secured Promissory Notes due on December 31, 2006 (collectively, the "Note") which has been accepted by the Company in an amount as indicated adjacent to the Purchaser's name on the last page of this Agreement (the "Purchase Price"). The form of Note is attached hereto as Exhibit A. The issuance by the Company of any Note hereunder will be in increments of $50,000.
Sale and Purchase of Note. On the basis of the representations, warranties and agreements contained herein, and subject to the terms and conditions hereof, the Company agrees to issue to the Investor, and the Investor agrees to purchase from the Company, a convertible subordinated note of the Company due on the Maturity Date in the maximum principal amount of $5,000,000 and in the form attached hereto as Exhibit B (the "Note") for an aggregate purchase price of up to $5,000.000 in cash paid in the form of advances pursuant to Section 2.2. The terms of the Note are hereby incorporated herein by reference.
Sale and Purchase of Note. 1 2.1. Sale and Purchase of Note.................................................................1 2.2. Purchase Price; Advances..................................................................2 2.3. Interest..................................................................................2 2.4.
Sale and Purchase of Note. Upon the terms and conditions contained herein, the Company agrees to sell to the Investor, and the Investor agrees to purchase from the Company, at the Closing (as hereinafter defined) and for the aggregate purchase price of One Million One Hundred Thousand Dollars ($1,100,000) (the “Purchase Price”), the Note.
Sale and Purchase of Note. The Company agrees to sell and you agree to purchase the Note in the form attached hereto as Exhibit A.
