Note Units definition
Examples of Note Units in a sentence
The Note Units will be assigned a new CUSIP number, and the transfers and exchanges of beneficial interests in the Note Units will be effected through the Depository.
This Agreement is being made pursuant to an Offering of up to $3,000,000 of 12% Senior Secured Convertible Promissory Note Units.
L▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Note Units: 204,032.877 $ 0 $ 2,040,328.77 (i) $ 2,040,328.77 Royal Energy Resources, Inc.
Note: Units adjacent to an Ammo Dump can also use the Acquire command to obtain ammunition from the Ammo Dumo.
The Hardware Royalty for AF Devices, including FLY 2.0 Pens and STP Pens, shall be the following percentage of Net Sales Value, provided that in no event will the Hardware Royalty be greater than [*] per pen: Note: Units refer to cumulative lifetime volume of AF Devices during the term of the TLA.
The Company agrees that the Agents are acting as agent of the Company in seeking purchasers of Convertible Note Units on a “best efforts” basis without underwriter liability, and nothing in this Agreement or any other agreement shall require the Agents to purchase any of the Convertible Note Units in connection with the Offering.
In the event that the Placement consists of Note Units, the Placement Agent shall have received evidence satisfactory to it from the Company that the Company has initiated the obtaining of the Approval.
Any remaining capital gains arising on the disposition of Assets through a distribution of such Assets to holders of Class G (2020 Note) Units shall be allocated to the holders of Class A Units, Class B Units, Class C Units, and Class D (MIP) Units as considered equitable in the sole discretion of the General Partner, taking into account the additional Assets available to such Partners as a result of Class G (2020 Note) Limited Partners participation in the Plan of Arrangement.
All other losses, if any, arising on the disposition of Assets through a distribution of such Assets to holders of Class F (2019 Note) Units shall be allocated to the holders of Class A Units, Class B Units, Class C Units, and Class D (MIP) Units as considered equitable in the sole discretion of the General Partner, taking into account the depletion of Assets available to such Partners as a result of Class F (2019 Note) Limited Partners participation in the Plan of Arrangement.
Though the Offering is being conducted on a “best-efforts” basis, the Company has set an investment minimum of $1,000,000 USD before the Company will have access to the Investment Proceeds, which means all investment dollars invested in the Company prior to reaching the minimum of $1,000,000 will be held in an investment escrow account, and only after $1,000,000 in securities has been sold to investors (One Thousand Secured Debt Note Units) will the Company have access to the Investment Proceeds.