Subordinated Convertible Note definition
Examples of Subordinated Convertible Note in a sentence
The Issuer’s counsel has provided an opinion regarding the applicable exemption from registration under the Securities Act for the issuance of the Conversion Shares pursuant to the terms and conditions of the Unsecured Subordinated Convertible Note, which provides that upon conversion at any time following the date hereof, the shares received as a result of the conversion shall be issued unrestricted in accordance with the appropriate exemption.
Prior to the Effective Date, Purchaser and Seller shall enter into a Registration Rights Agreement on reasonable and customary terms pursuant to which Purchaser will agree to use its best effort to cause the Private Stock and shares issuable upon conversion of the Subordinated Convertible Note to be registered under the Securities Act within 180 days after the Acquisition Date.
THE PURCHASERS: ▇▇▇▇▇ ▇▇▇▇▇▇ [PRINT PURCHASER NAME] By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Address: [***] The parties have executed this Subordinated Convertible Note Purchase Agreement as of the date first written above.
At the Closing, purchaser will issue and deliver to Seller the Subordinated Convertible Note in the approximate amount of Two Million Eight Hundred Seventeen Thousand Five Hundred ($2,817,500.00) (the exact principal amount will be determined at the Closing and will be equal to the then principal amount of indebtedness of Seller for money borrowed) (the “Note Payment”).
This 5.75% Subordinated Convertible Note is issued pursuant to the Note Purchase Agreement and the holder of this Note is entitled to the benefits of this Note, the Note Purchase Agreement and the Registration Rights Agreement and may enforce the agreements of the Company contained herein and therein and exercise the remedies provided for hereby and thereby or otherwise available in respect hereto and thereto.
Subordinated Creditor is purchasing a certain Subordinated Convertible Note of even date hereof (the “Note”) from Know Labs, Inc., a Nevada corporation (the "Company") pursuant to that certain Securities Purchase Agreement dated as of the date hereof between the Company and Subordinated Creditor (the “Securities Purchase Agreement”).
At the Closing, purchaser will issue and deliver to Seller the Subordinated Convertible Note in the approximate amount of Two Million Eight Hundred Seventeen Thousand Five Hundred ($2,817,500.00) (the exact principal amount will be determined at the Closing and will be equal to the then principal amount of indebtedness of Seller for money borrowed) (the "Note Payment").
THE PURCHASERS: SOS Select Fund LP [PRINT PURCHASER NAME] By: /s/ ▇▇▇▇ ▇’▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇’▇▇▇▇▇▇▇▇ Title: Managing Partner Address: [***] The parties have executed this Subordinated Convertible Note Purchase Agreement as of the date first written above.
The Subordinated Convertible Note Purchase Agreement dated as of the date hereof among the TA Lender and the Borrower.
On the date hereof, the Company is issuing to the Investor certain unregistered common stock of the Company ("Private Stock") and a Subordinated Convertible Note that may be convertible into additional Private Stock, pursuant to the terms and conditions of that certain Asset Purchase Agreement dated as of March 18, 2004, and as amended June 11, 2004 and October 6, 2004 ("Asset Purchase Agreement"), by and among the Company and the Investor.