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. 2.1 Subscription for Note by Investor. Subject to the terms and conditions of this Agreement, on the Closing Date (as hereinafter defined), the Investor shall purchase, and the Company shall sell and issue to the Investor, the Note, for 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. 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. At the Closing, upon the terms and subject ------------------------- to the conditions contained in this Agreement, Seller shall sell to Purchaser and Purchaser shall purchase from Seller all right, title and interest in and to the Note for a purchase price of ONE MILLION FIVE HUNDRED THOUSAND ($1,500,000) DOLLARS (the "Purchase Price"). In the event that the Datawave Shares become registered for resale by Purchaser, Purchaser shall pay to Seller an additional $475,000 within twenty days after the effectiveness of the registration statement registering such shares for resale (the "Contingent Purchase Price")
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 $5,000.000 in cash paid in the form of advances pursuant to Section 2.2. The terms of the Note are hereby incorporated herein by reference.
Sale and Purchase of Note. Subject to the terms and conditions of this Agreement and the Indenture and Credit Agreement, the Issuer shall, pursuant to the Indenture and Credit Agreement, issue and cause the Secured Party to authenticate and deliver the Note to the Note Purchaser on the Closing Date. In consideration of the foregoing, the Note Purchaser agrees to make the Advances on the Note on the conditions set forth herein and in the Indenture and Credit Agreement.
Sale and Purchase of Note. Subject to the terms and conditions of this Agreement, at the Closing, the Borrower agrees to sell and issue to the Lender, and the Lender agrees to purchase from the Borrower, a Note in the principal amount of US$[15,000,000], at a consideration equal to such principal amount.
Sale and Purchase of Note. Subject to the terms and conditions of this Agreement, at the closing (the “Closing”) being held at the offices of Holland and Knight in New York City on June 11, 2008 (the “Closing Date”), the Company will issue and sell to you and you will purchase from the Issuer the Note, at the purchase price of $1,000,000 constituting an Original Issue Discount of $180.46 for each $1,000 Principal Amount thereof. If the Closing shall have failed to occur as of June 13, 2008 (the "Commitment Termination Date"), your obligation to purchase Note hereunder shall terminate. Delivery by you of the purchase price of the Note shall constitute Purchaser’s irrevocable agreement that all of the conditions to Purchaser’s purchase of the Note have either been satisfied to Purchaser’s satisfaction or are irrevocably waived by Purchaser; it being understood that any such waiver will not constitute a waiver of any Event of Default under the Note.
