Common use of Subscription for Debentures Clause in Contracts

Subscription for Debentures. Subject to the terms and conditions of this Agreement, Investor hereby agrees to purchase, on the Closing Date from the Corporation Convertible Debentures in an aggregate face amount of $4,666,667 million at a price equal to such face amount.

Appears in 2 contracts

Sources: Purchase Agreement (Balanced Care Corp), Purchase Agreement (Balanced Care Corp)

Subscription for Debentures. Subject to the terms and conditions of this Agreement, Investor hereby agrees to purchase, on the Closing Date from the Corporation Convertible Debentures in an aggregate face amount of $4,666,667 million 4,666,666 at a price equal to such face amount.

Appears in 1 contract

Sources: Purchase Agreement (Balanced Care Corp)