Common use of Authorization of Note Clause in Contracts

Authorization of Note. The Company has authorized (a) the sale and issuance to the Investor of the Note and (b) the issuance of shares of its common stock, par value $0.0001 per share (the “Common Stock”), to be issued upon conversion of the Note (the “Conversion Shares”).

Appears in 2 contracts

Sources: Note Purchase Agreement (Cyclo Therapeutics, Inc.), Note Purchase Agreement (Cyclo Therapeutics, Inc.)