Common use of Amount and Terms of the Notes Clause in Contracts

Amount and Terms of the Notes. Subject to the terms of this Agreement, at the Closing (as defined below) the Company agrees to issue and sell to each of the Purchasers, and each Purchaser agrees, severally and not jointly, to purchase from the Company, a secured convertible promissory note in the form attached to this Agreement as Exhibit A (each a “Note” and collectively, the “Notes”) in the principal amount set forth on such Purchaser’s signature page hereto (each, a “Loan Amount”). The aggregate principal amount of all Notes shall not exceed Two Hundred and Fifty Thousand Dollar ($250,000).

Amount and Terms of the Notes. Subject to the terms of this Agreement, at the Closing (as defined below) the Company agrees to issue and sell to each of the Purchasers, and each Purchaser agrees, severally and not jointly, to purchase from the Company, a senior secured convertible promissory note in the form attached to this Agreement as Exhibit A (each each, a “Note” and collectively, the “Notes”) in the principal amount set forth on such Purchaser’s signature page hereto (each, a “Loan Amount”). The aggregate principal amount of all Notes shall not exceed Two Five Hundred and Fifty Thousand Dollar Dollars ($250,000500,000).