Hey chad, I'll try to answer your questions briefly, assuming you're familiar with the terms you used... Yeah there will usually (more often than not) be a cap

Hey chad, I'll try to answer your questions briefly, assuming you're familiar with the terms you used... Yeah there will usually (more often than not) be a cap explicitly stated in the note. Sometimes notes are uncapped though. Discount will almost always be a term. Maximum dilution isn't a term I'm familiar with for Notes. For multiple angels you can set up a structure that allows multiple closings for the notes within a specified time frame (like 180 days). Hope that's helpful!