Common use of Treatment of Note Clause in Contracts

Treatment of Note. To the extent permitted by generally accepted accounting principles, the Company will treat, account and report the Note as debt and not equity for accounting purposes and with respect to any returns filed with federal, state or local tax authorities.

Appears in 63 contracts

Samples: Convertible Note Agreement, License Agreement (Adverum Biotechnologies, Inc.), License Agreement (Adverum Biotechnologies, Inc.)

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Treatment of Note. To the extent permitted by generally accepted accounting principles, the Company will treat, account and report the Note as debt and not equity for accounting purposes and with respect to any returns filed with federalFederal, state or local tax authorities.

Appears in 8 contracts

Samples: Secured Subordinated Promissory Note (CrowdGather, Inc.), Secured Promissory Note (CrowdGather, Inc.), Secured Promissory Note (CrowdGather, Inc.)

Treatment of Note. To the extent permitted by generally accepted accounting principles, the Company will treat, account and report the Note as debt and not equity for accounting purposes and with respect to any returns filed with federal, state or local tax authorities.

Appears in 7 contracts

Samples: Convertible Note Purchase Agreement, Note and Warrant Purchase Agreement (Audioeye Inc), Convertible Note Purchase Agreement (Marrone Bio Innovations Inc)

Treatment of Note. To the extent permitted by generally accepted accounting principles, the Company will treat, account and report the this Note as debt and not equity for accounting purposes and with respect to any returns filed with federal, state or local tax authorities.

Appears in 6 contracts

Samples: Debt Purchase and Assignment Agreement (Genesis Electronics Group, Inc.), Convertible Note Purchase Agreement (Ascend Wellness Holdings, LLC), Debt Purchase and Assignment Agreement (Genesis Electronics Group, Inc.)

Treatment of Note. To The Company and the Holder will treat, account and report this Note as debt and not equity (i) to the extent permitted by generally accepted accounting principles, the Company will treat, account and report the Note as debt and not equity for financial accounting purposes and (ii) with respect to any returns filed with federal, state or local tax authorities.

Appears in 4 contracts

Samples: Note (Allen Paul G), Note Agreement (Charter Communications Inc /Mo/), Note (Charter Communications Inc /Mo/)

Treatment of Note. To the extent permitted by generally accepted accounting principles, the Company will treat, account account, and report the Note as debt and not equity for accounting purposes and with respect to any returns filed with federal, state state, or local tax authorities.

Appears in 4 contracts

Samples: Note Purchase Agreement (GlyEco, Inc.), Financing Agreement (Echo Automotive, Inc.), Credit Agreement (Lubys Inc)

Treatment of Note. To the extent permitted by generally accepted accounting principles, the Company will treat, account account, and report the Note as debt and not equity for accounting purposes and with respect to any returns filed with federalFederal, state or local tax authorities.

Appears in 3 contracts

Samples: Senior Secured Promissory Note (Heatwurx, Inc.), Senior Secured Promissory Note (Heatwurx, Inc.), Senior Secured Promissory Note (Heatwurx, Inc.)

Treatment of Note. To the extent permitted by generally accepted accounting principles, the Company Debtor will treat, account and report the this Note as a debt and not equity for accounting all purposes and with respect to any returns filed with federal, state or local tax authorities.

Appears in 2 contracts

Samples: Promissory Note (FVA Ventures, Inc.), Promissory Note (FVA Ventures, Inc.)

Treatment of Note. To the extent permitted by generally accepted ----------------- accounting principles, the Company will treat, account and report the Note as debt and not equity for accounting purposes and with respect to any returns filed with federal, state or local tax authorities.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Concentric Network Corp)

Treatment of Note. To the extent permitted by generally accepted accounting -5- principles, the Company will treat, account and report the Note as debt and not equity for accounting purposes and with respect to any returns filed with federal, state or local tax authorities.

Appears in 1 contract

Samples: Note Purchase Agreement (Satcon Technology Corp)

Treatment of Note. To the extent permitted by generally accepted accounting principles, the Company will treat, account account, and report the this Note as debt and not equity for accounting purposes and with respect to any returns filed with federal, state state, or local tax authorities.

Appears in 1 contract

Samples: Loan Agreement (Body & Mind Inc.)

Treatment of Note. To the extent permitted As envisioned by generally accepted accounting principles, the Company will treat, account and report the Note as debt and not equity for accounting purposes and with respect to any returns filed with federal, state or local tax authorities.

Appears in 1 contract

Samples: Convertible Secured Promissory Note (Sense Technologies Inc)

Treatment of Note. To the extent permitted As envisioned by generally accepted accounting principles, the Company will treat, account account, and report the Note as debt and not equity for accounting purposes and with respect to any returns filed with federal, state state, or local tax authorities.

Appears in 1 contract

Samples: Convertible Secured Promissory Note (MetaMorphix Inc.)

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Treatment of Note. To the extent permitted by generally accepted accounting principles, the Company Borrower will treat, account and report the Note as debt and not equity for accounting purposes and with respect to any returns filed with federal, state or local tax authorities.

Appears in 1 contract

Samples: Share Purchase Agreement (Sibannac, Inc.)

Treatment of Note. To the extent permitted by generally accepted accounting principlesprincipals, the Company will treat, account and report the Note as debt and not equity for accounting purposes and with respect to any returns filed with federal, state or local tax authorities.

Appears in 1 contract

Samples: Memorandum of Agreement (Florida Gaming Corp)

Treatment of Note. To the extent permitted by generally accepted ----------------- accounting principlesprinciples consistently applied, the Company will shall treat, account and report the this Note as debt and not equity for accounting purposes and with respect to any returns filed with federal, state or local tax authorities.

Appears in 1 contract

Samples: Asset Purchase Agreement (Brilliant Digital Entertainment Inc)

Treatment of Note. To the extent permitted by generally accepted accounting principles, the Company Issuers will treat, account and report the this Note as debt and not equity for accounting purposes and with respect to any returns filed with federal, state or local tax authorities.

Appears in 1 contract

Samples: Loan Agreement (Corautus Genetics Inc)

Treatment of Note. To the extent permitted by generally accepted accounting principlesprinciples consistently applied, the Company will shall treat, account and report the this Note as debt and not equity for accounting purposes and with respect to any returns filed with federal, state or local tax authorities.

Appears in 1 contract

Samples: Subordinated Promissory Note (Taitron Components Inc)

Treatment of Note. To the extent permitted by generally accepted accounting principles, the Company will treat, account account, and report the Note as debt and not equity for accounting purposes and with respect to any returns filed with federalFederal, state or local tax authorities.. 115

Appears in 1 contract

Samples: Senior Loan Agreement (Strainwise, Inc.)

Treatment of Note. To Prior to the Acquisition and to the extent permitted by generally accepted accounting principles, the Company will treat, account and report the this Note as debt and not equity for accounting purposes and with respect to any returns filed with federal, state or local applicable tax authorities.

Appears in 1 contract

Samples: Convertible Promissory Note (Heavy Earth Resources, Inc.)

Treatment of Note. To the extent permitted by generally accepted accounting principles, the Company will treat, account and report the Note as debt and not equity for accounting purposes and with respect to any returns filed with federal, state or and local tax authorities.

Appears in 1 contract

Samples: Subscription Agreement (Moving Bytes Inc)

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