New Note

New Note. Means the Secured Subordinated Convertible Note due, subject to the terms therein, due on the one year anniversary of the date on which it is issued, as issued by the Company to the Holder hereunder, in the principal amount of $950,000 in the form of Exhibit A attached hereto.

New Note. Means the secured convertible note due, subject to the terms therein, on the one-year anniversary of the date on which it is issued, as issued by the Company to the Holder hereunder, in an aggregate principal amount equal to the sum of (i) the principal amount of the Original Note, plus (ii) the accrued and unpaid interest on the Original Note up to the Business Day immediately preceding the Closing Date, which New Note shall be in the form of Exhibit A attached hereto.

New Note. Means the senior secured grid notes due, subject to the terms therein, on June 30, 2020, as issued by the Company to the Holders hereunder, in the maximum principal amount as stated on the face of the instrument evidencing such loan and pursuant to which an amount of principal shall be deemed outstanding on the date of issuance equal to the sum of (i) the principal amount of the Original Note(s) held by such Holders, plus (ii) the accrued and unpaid interest thereon, up to the Business Day... immediately preceding the Closing Date, which New Notes shall be in the form of Exhibit A attached hereto. View More