Authorization of Issue. Simultaneous with or prior to the execution and delivery of this Agreement, the Issuer will authorize the issuance and sale of the Initial Notes. The Initial Notes shall be in the form specified in the Indenture.
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Authorization of Issue. Simultaneous with On or prior to the execution and delivery of this Agreement, the Issuer will authorize the issuance issue and sale of the Initial Notes. The Initial Notes shall be in the form specified in the Indenture. The Notes shall be convertible into equity interests in the Issuer in accordance with the provisions of the Indenture.
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Sources: Note Purchase Agreement (Aries Maritime Transport LTD)
Authorization of Issue. Simultaneous with or prior to the execution and delivery of this Agreement, the Initial Issuer will authorize the issuance and sale of the Initial Notes. The Initial Notes shall be in the form specified in the Indenture.
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