Document ID: 12687

Text:
3.1 Purchase and Sale of Securities. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, on the Effective Date, (i)the Company agrees to sell and to issue to Buyer the Note in the initial aggregate principal amount of Fifteen Million Dollars ( $15,000,000 ), and (ii)Buyer agrees to pay to the Company the Note Purchase Price in exchange for the Note.

Named Entities:
57
62
Principal

Tokenized Text:
3
.
1
Purchase
and
Sale
of
Securities
.
Subject
to
the
satisfaction
(
or
waiver
)
of
the
terms
and
conditions
of
this
Agreement
,
on
the
Effective
Date
,
(
i
)
the
Company
agrees
to
sell
and
to
issue
to
Buyer
the
Note
in
the
initial
aggregate
principal
amount
of
Fifteen
Million
Dollars
(
$
15
,
000
,
000
)
,
and
(
ii
)
Buyer
agrees
to
pay
to
the
Company
the
Note
Purchase
Price
in
exchange
for
the
Note
.