Original Note. The unpaid balance of the Original Note is $8,626,007, as of the date hereof. The Original Note has been entered into in accordance with all applicable laws and there are no restrictions, governmental or otherwise, on the payment of the Original Note in accordance with its terms. The Seller has not pledged or assigned its rights under the Original Note, and on the Closing Date the Seller will have full right, power and authority to sell and assign to the Purchaser a forty-nine (49%) percent interest in and to the Original Note, free and clear of all security interests, liens and pledges. The Seller has delivered to the Purchaser a true and correct copy of the Original Note. 17.
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Original Note. The unpaid balance of the Original Note is $8,626,007, as of the date hereof. The Original Note has been entered into in accordance with all applicable laws and there are no restrictions, governmental or otherwise, on the payment of the Original Note in accordance with its terms. The Seller has not pledged or assigned its rights under the Original Note, and on the Closing Date the Seller will have full right, power and authority to sell and assign to the Purchaser a forty-nine (49%) percent interest in and to the Original Note, free and clear of all security interests, liens and pledges. The Seller has delivered to the Purchaser a true and correct copy of the Original Note. 17.and
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