Common use of Note to Buyer Clause in Contracts

Note to Buyer. The Signing Payment Note shall include the following terms: (i) reductions for amounts paid to Harvest under the MSA; (ii) termination on obtaining the Nevada Approvals (i.e., Closing); (iii) matures on the date that Nevada regulators issue a final, non-appealable order not to allow the Nevada Approvals or the date that the Selling Parties and the Buyer determine that obtaining the Nevada Approvals is impossible; and (iv) automatic extension if parties are using good faith efforts to receive Nevada Approvals.