Common use of Note Purchase Clause in Contracts

Note Purchase. Subject to the terms and conditions hereof, on the Closing Date, Issuer shall issue to each Holder, and each Holder shall purchase from Issuer (so long as all conditions precedent required hereby shall have then been satisfied or waived), a Note in an aggregate principal amount equal to such Holder’s Pro Rata Share of $200,000,000.

Appears in 2 contracts

Sources: Note Purchase Agreement (Silverbow Resources, Inc.), Note Purchase Agreement (Silverbow Resources, Inc.)

Note Purchase. Subject to the terms and conditions hereof, on the Closing Date, Issuer shall issue to each Holder, and each Holder shall purchase from Issuer (so long as all conditions precedent required hereby shall have then been satisfied or waived), a Note in an aggregate principal amount equal to such Holder’s Pro Rata Share of $200,000,000450,000,000; provided that the Notes shall be purchased on the Closing Date net of the original issue discount described in the Fee Letter.

Appears in 1 contract

Sources: Note Purchase Agreement (Sitio Royalties Corp.)