Delivery of Purchase Securities and Payment of Purchase Price Sample Clauses

Delivery of Purchase Securities and Payment of Purchase Price. At the Initial Closing, EPOD shall deliver to the Purchasers a Debenture payable to each Purchaser in the aggregate principal amount set forth opposite such Purchaser’s name on Schedule I hereto and Warrants to purchase the number of shares of Common Stock or EPOD Shares, as applicable, set forth opposite the Purchaser’s name on Schedule I hereto, in each case against payment of the principal amount of the Debenture by the Purchaser via written instructions to Xxxxx & Xxxxxxxx LLP, as “Escrow Agent” pursuant to that certain Escrow Agreement, dated as of May 29, 2009, by and among EPOD, the Purchaser and Xxxxx & Xxxxxxxx LLP (the “Escrow Agreement”), to release such amount to EPOD (net of adjustments pursuant to Sections 9.01 and 9.04 hereof). The Escrow Agent shall then remit such amount to EPOD pursuant to written instructions received from EPOD pursuant to the Escrow Agreement. At any subsequent Closing pursuant to Section 1.07, the Corporation shall deliver to the Purchasers a Debenture payable to each Purchaser and a Warrant in the manner, and upon the conditions, set forth in this Section 1.03; provided, that the principal amount of any Debenture issued to any Purchaser at such Closing shall be paid by certified or bank check payable to the Corporation or by wire transfer of immediately available funds to a bank account designated by the Corporation (in each case, such amounts not to be paid or made payable to the Escrow Agent).
Sample 1
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Related to Delivery of Purchase Securities and Payment of Purchase Price

  • Payment of Purchase Price The Purchase Price shall be paid as follows:

  • Delivery of Purchase Price The Purchase Price for the Securities shall have been delivered to the Company on the Closing Date.

  • Purchase Price; Payment of Purchase Price In addition to the Assumed Liabilities described below, the aggregate consideration for the Subject Assets (the “Purchase Price”) shall be the amount equal to: $2,000,000. The Purchase Price shall be subject to adjustment as set forth in Section 1.7 below as so adjusted.

  • AMOUNT AND PAYMENT OF PURCHASE PRICE The total consideration and method of payment thereof are fully set out in Exhibit "A" attached hereto and made a part hereof.

  • Payment of Purchase Price Upon Exercise At the time of any exercise, the Exercise Price of the Shares as to which this Option is exercised shall be paid in cash to the Company, unless, in accordance with the provisions of Section 4.2(c) of the Plan, the Board shall permit or require payment of the purchase price in another manner set forth in the Plan.

  • Delivery of Shares Tendered in Payment of Purchase Price If the Optionee exercises this option by delivery of shares of Common Stock of the Company, the certificate or certificates representing the shares of Common Stock of the Company to be delivered shall be duly executed in blank by the Optionee or shall be accompanied by a stock power duly executed in blank suitable for purposes of transferring such shares to the Company. Fractional shares of Common Stock of the Company will not be accepted in payment of the purchase price of shares acquired upon exercise of this option.

  • Method of Payment of Purchase Price No later than 12:00 p.m. Eastern time on the Closing Date, Purchaser shall deposit with Escrow Agent the Purchase Price (less the Xxxxxxx Money Deposit), together with all other costs and amounts to be adjusted, pro-rated or paid by Purchaser at the Closing pursuant to the terms of this Agreement ("Purchaser's Costs"), by Federal Reserve wire transfer of immediately available funds to the account of Escrow Agent. Escrow Agent, following authorization by the parties at Closing, shall (i) pay to Seller by Federal Reserve wire transfer of immediately available funds to an account designated by Seller, the Purchase Price, subject to any costs or other amounts to be adjusted, pro-rated or paid by Seller at Closing pursuant to the terms of this Agreement, (ii) pay to the appropriate payees out of the proceeds of Closing payable to Seller all costs and amounts to be paid by Seller at Closing pursuant to the terms of this Agreement, and (iii) pay Purchaser's Costs to the appropriate payees at Closing pursuant to the terms of this Agreement. ARTICLE IV

  • Adjustment of Purchase Price NUMBER AND KIND OF SHARES OR NUMBER OF RIGHTS. The Purchase Price, the number and kind of shares covered by each Right and the number of Rights outstanding are subject to adjustment from time to time as provided in this Section 11.

  • Purchase Price; Allocation of Purchase Price (a) Subject to the terms and conditions of this Agreement, the purchase price for the Interests and the Purchased Assets (other than the Specified OUS Assets) (such amount, the “Purchase Price”) is payable as follows:

  • Receipt of Purchase Price Receipt of the Purchase Price and any adjustments due Seller under Article VII at the Closing in the manner herein provided.

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