Convertible Promissory Note Purchase Agreement Template for India

1. Security: Include when the notes are secured by company assets

2. Subordination: Include when there are multiple classes of debt or specific ranking requirements

3. Tag-Along Rights: Include when investors are given the right to participate in future sales of shares

4. Board Observer Rights: Include when investors are granted rights to attend board meetings

5. Information Rights: Include when specific information sharing obligations are required

6. Most Favored Nation: Include when investors should receive the benefit of better terms offered to future investors

7. Pre-emptive Rights: Include when investors are given rights to participate in future funding rounds

1. Form of Note: The actual form of the convertible promissory note

2. Capitalization Table: Current and projected cap table showing ownership structure

3. Disclosure Schedule: Exceptions to company representations and warranties

4. Investment Amounts: Schedule of investors and their respective investment amounts

5. Key Terms: Summary of key commercial terms including interest rate, maturity date, and conversion price

6. Corporate Authorizations: Copies of board and shareholder resolutions authorizing the note issuance

7. Existing Indebtedness: List of company's existing debt obligations