Common use of Purchase of the Note Clause in Contracts

Purchase of the Note. On the Closing Date (as defined herein), the Company shall issue and sell to the Buyer and the Buyer agrees to purchase from the Company the Note in the principal amount of $[__] (which includes an original issuance discount of $[__] (the “OID”)).

Appears in 1 contract

Sources: Securities Purchase Agreement (Verus International, Inc.)

Purchase of the Note. On the Closing Date (as defined herein), the Company shall issue and sell to the Buyer and the Buyer agrees to purchase from the Company the Note in the principal amount of $[__] 600,000.00 (which includes an original issuance discount of $[__] 90,000 (the “OID”)).

Appears in 1 contract

Sources: Securities Purchase Agreement (Verus International, Inc.)

Purchase of the Note. On the Closing Date (as defined herein), the Company shall issue and sell to the Buyer and the Buyer agrees to purchase from the Company the Note in the principal amount of $[__] 605,000.00 (which includes an original issuance discount of $[__] 90,000.00 (the “OID”)).

Appears in 1 contract

Sources: Securities Purchase Agreement (Verus International, Inc.)

Purchase of the Note. On the Closing Date (as defined herein), the Company shall issue and sell to the Buyer and the Buyer agrees to purchase from the Company the Note in the principal amount of $[__] (which includes an original issuance discount of $[__] (the “OID”))345,000.00.

Appears in 1 contract

Sources: Securities Purchase Agreement (Verus International, Inc.)

Purchase of the Note. On the Closing Date (as defined herein), the Company shall issue and sell to the Buyer and the Buyer agrees to purchase from the Company the Note in the principal amount of $[__] 90,000.00 (which includes an original issuance discount of $[__] 15,000.00 (the “OID”)).

Appears in 1 contract

Sources: Securities Purchase Agreement (Verus International, Inc.)