Common use of Purchase of Convertible Notes Clause in Contracts

Purchase of Convertible Notes. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the Closing and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the Closing, Convertible Notes in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s name on Schedule I hereto.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Futuremedia PLC), Securities Purchase Agreement (Futuremedia PLC)

Purchase of Convertible Notes. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at the each Closing and the Company agrees to sell and issue to each Buyer, severally and not jointly, at the each Closing, Convertible Notes in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s name on Schedule I heretohereto and the Warrants to acquire up that number of Warrant Shares as set forth opposite such Buyer’s name in column (5) on Schedule I .

Appears in 1 contract

Sources: Securities Purchase Agreement (TXP Corp)