Common use of Title and Terms; Payments Clause in Contracts

Title and Terms; Payments. The aggregate Principal Amount of Notes that may be executed and delivered under this Agreement is initially limited to $16,000,000 (the “Initial Notes”), except for Notes delivered upon transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 3.05, 3.07 or 3.09. The Notes shall be known and designated as the “6.0% Senior Convertible Notes due 2025” of the Company. The Principal Amount of each outstanding Note shall be payable on the Maturity Date. The principal of, and interest on, the Notes will be paid by wire transfer of immediately available funds to such Holder’s account within the United States, as designated by such Holder to the Company in writing at least five (5) calendar days prior to the applicable payment date. Any Notes repurchased by the Company will be retired and no longer outstanding hereunder.

Appears in 2 contracts

Samples: Senior Convertible Note Purchase Agreement (Scynexis Inc), Senior Convertible Note Purchase Agreement (Scynexis Inc)

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Title and Terms; Payments. The aggregate Principal Amount of Notes that may be executed and delivered under this Agreement is initially limited to $16,000,000 10,000,000 (the “Initial Notes”), except for Notes delivered upon transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections Section 3.05, 3.07 Section 3.06(a) or Section 3.09. The Notes shall be known and designated as the “6.0% Senior Convertible Notes due 20252026” of the Company. The Principal Amount of each outstanding Note shall be payable on the Maturity Date. The principal of, and interest on, the Notes will be paid by wire transfer of immediately available funds to such Holder’s account within the United States, as designated by such Holder to the Company in writing at least five (5) calendar days prior to the applicable payment date. Any Notes repurchased by the Company will be retired and no longer outstanding hereunder.

Appears in 1 contract

Samples: Senior Convertible Note Purchase Agreement (Scynexis Inc)

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Title and Terms; Payments. The aggregate Principal Amount of Notes that may be executed and delivered under this Agreement is initially limited to $16,000,000 100,000,000 (the “Initial Notes”), except for Notes delivered upon registration or transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 3.05, 3.07 or 3.09. The Notes shall be known and designated as the “6.08.2% Senior Convertible Notes due 20252022” of the Company. The Principal Amount plus the Repayment Premium of each outstanding Note shall be payable on the Maturity Date. The principal of, and interest and premium on, the Notes will be paid by wire transfer of immediately available funds to such Holder’s account within the United States, as designated by such Holder to the Company in writing at least five (5) calendar days prior to the applicable payment date. Any Notes repurchased by the Company will be retired and no longer outstanding hereunder.

Appears in 1 contract

Samples: Convertible Note Purchase Agreement (Coherus BioSciences, Inc.)

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