Initial Closing Notes definition

Initial Closing Notes shall have the meaning set forth in Section 1(a) of the Subscription Agreement;
Initial Closing Notes shall have the meaning ascribed to it in the recitals.
Initial Closing Notes means the Notes which are to be subscribed for by PEIF pursuant to the first Subscription Request (as defined in the NPA) served under the NPA;

Examples of Initial Closing Notes in a sentence

  • Subject to the satisfaction or waiver of the terms and conditions of this Agreement, on the Initial Closing Date, each Subscriber shall purchase and the Company shall sell to each Subscriber a Note in the principal amount designated on the signature page hereto ("Initial Closing Notes").

  • The Company and the Investors hereby agree that the Noteholders holding the Initial Closing Notes are express third party beneficiaries of this Section 6.6 and may enforce the rights provided hereby.

  • The Company and the Investors hereby agree that the Noteholders holding the Initial Closing Notes are express third party beneficiaries of this Section 6.8 and may enforce the rights provided hereby.

  • The Second Closing Notes shall be of the same tenor as the Notes issuable on the Initial Closing Date and have the same maturity date as the Initial Closing Notes.

  • The Second Closing Notes shall be nearly identical to the Notes issuable on the Initial Closing Date and have the same maturity date as the Initial Closing Notes.

  • The Conversion Price (defined in Section 2.1 (b) of the Note) of the Second Closing Notes shall be the same as the Conversion Price of the Initial Closing Notes.

  • Subject to the satisfaction or waiver of the terms and conditions of this Agreement, on the Initial Closing Date, each Subscriber shall purchase and the Company shall sell to each Subscriber a Note in the principal amount designated on the signature page hereto ("Initial Closing Notes") and Warrants as described in Section 2 of this Agreement ("Initial Closing Warrants").

  • The Conversion Price (defined in Section 2.1 (b) of the Note) of the Second Closing Notes shall be the same as the Conversion Price of the Initial Closing Notes in effect on the Second Closing Date.

  • The Initial Closing Notes and Warrants sold to the Purchasers pursuant to this Agreement are hereinafter collectively referred to as the “Initial Closing Securities.” The Pubco Shares or Second Closing Notes sold to the Purchasers pursuant to this Agreement are hereinafter collectively referred to as the “Second Closing Securities.” The Initial Closing Securities and the Second Closing Securities are hereinafter collectively referred to as the “Purchased Securities”.

  • On or about the date hereof, the Company shall deliver to the Escrow Agent the executed Subscription Agreement, the Initial Closing Notes, Warrants, and Initial Closing Legal Opinion (collectively, the "Initial Closing Company Documents").

Related to Initial Closing Notes