Common use of Purchase of the Notes Clause in Contracts

Purchase of the Notes. On the basis of the representations, warranties, agreements and covenants herein contained and subject to the satisfaction (or waiver) of the conditions set forth in Sections 5(a) and 6(a) below, at the closing (the “Closing”) the Issuers shall issue and sell to the Buyer, and the Buyer shall purchase from the Issuers, the Notes at an aggregate purchase price (the “Purchase Price”) of $20,000,000.