Common use of Issuance of Convertible Note Clause in Contracts

Issuance of Convertible Note. ▇▇▇▇▇ has full corporate power and authority to issue the Convertible Note as contemplated by this Agreement. Such issuance has been duly authorized by all necessary corporate action and does not violate any applicable law, rule, or regulation or any contract, agreement, or instrument to which Buyer is a party or by which Buyer is bound.

Issuance of Convertible Note. ▇▇▇▇▇ The Buyer has full corporate power and authority to issue the Convertible Note as contemplated by this Agreement. Such issuance has been duly authorized by all necessary corporate action and does not violate any applicable law, rule, or regulation or any contract, agreement, or instrument to which Buyer is a party or by which Buyer is bound.