Common use of Authorization and Issuance of Notes Clause in Contracts

Authorization and Issuance of Notes. The Issuer has duly authorized the issuance, sale and delivery of its Senior Secured Notes due 2026 in the aggregate principal amount of $86,859,108, to be dated the Closing Date, to mature on the Maturity Date, and to be substantially in the form of Exhibit A hereto. All such notes originally issued pursuant to this paragraph (a), or delivered in substitution or exchange for any thereof, being collectively called the “Notes” and individually a “Note”. Notwithstanding anything to the contrary set forth herein, the Notes will, upon the occurrence of the Closing Date, be immediately separable and transferable.

Authorization and Issuance of Notes. The Issuer has duly authorized the issuance, sale and delivery of its Senior Secured Notes due 2026 2024 in the aggregate principal amount of $86,859,10830,000,000, to be dated the Closing Date, to mature on the Maturity Date, and to be substantially in the form of Exhibit A hereto. All hereto (all such notes originally issued pursuant to this paragraph (a)Section 2.01, or delivered in substitution or exchange for any thereof, being collectively called the “Notes” and individually a “Note”). Notwithstanding anything to the contrary set forth herein, the Notes will, upon the occurrence of the Closing Date, be immediately separable and transferable.