Form of Payment; Delivery. At each Closing, Buyer shall deliver to the Company the Buyer’s Purchase Price in the form of wire transfers of immediately available U.S. funds or by the release of the Buyer’s Purchase Price from escrow in accordance with the Escrow Agreement.
Form of Payment; Delivery. Substantially concurrently with the delivery of an executed copy of this Agreement to the Company, the Buyer purchasing and subscribing for Shares shall deliver to the Company, for deposit in an account designated by the Company, the Buyer’s Purchase Price against delivery of the Shares being issued and sold.
Form of Payment; Delivery. At each Closing, Buyer shall deliver to the Company the “Purchase Price” opposite such Buyer’s name on the Schedule of Buyers in the form of wire transfers of immediately available U.S. funds.
Form of Payment; Delivery. Each Buyer shall deliver to the Escrow Agent the “Purchase Price” opposite such Buyer’s name on the Schedule of Buyers in the form of wire transfers of immediately available U.S. funds. In accordance with the terms of the Escrow Agreement, the Purchase Price collected by Escrow Agent shall only be disbursed by the Escrow Agent to the Company upon Escrow Agent’s receipt of the Minimum Purchase Proceeds and the close of the SmartReceipt Acquisition. Upon receipt of the Minimum Purchase Proceeds, the close of the SmartReceipt Acquisition and notification to the Escrow Agent by the Company of the satisfaction or waiver of the other conditions to Closing set forth in Articles VIII and IX of this Agreement, the Escrow Agent shall disburse the Purchase Price collected by the Escrow Agent, minus the fees to be paid directly from the proceeds of such as set forth in the Escrow Agreement or as instructed by the Company. If the Initial Closing does not occur by March 14, 2014, any proceeds received by the Escrow Agent shall be returned to the Buyers without interest or deduction and this Agreement shall be terminated.
Form of Payment; Delivery. At the Closing, each Buyer shall deliver to the Company the Buyer’s Purchase Price. Promptly following the Closing, the Company shall cause (1) the issuance of the shares of Preferred Stock and Closing Date Conversion Shares by book entry with Corporate Stock Transfer, Inc., the Company’s transfer agent and (2) the issuance and delivery to the Buyers of the Warrants.
Form of Payment; Delivery. On each Closing Date, (i) each Buyer shall pay the Purchase Price to the Company for each of the Units to be issued and sold to such Buyer at such Closing by wire transfer of immediately available funds in accordance with the Company’s written wire instructions, and (ii) the Company shall issue to each Buyer one or more stock certificates and Warrant Certificates (as defined below), evidencing the number of Shares and Warrants to be purchased at such Closing by such Buyer, in each case, free and clear of any mortgage, pledge, hypothecation, rights of others, rights of first refusal, claim, security interest, encumbrance, title, defect, voting trust agreement, option, lien, taxes, charge or similar restrictions or limitations (collectively, “Liens”).
Form of Payment; Delivery. On the Closing Date, (i) the Buyer shall pay the Purchase Price to the Company for each of the Units to be issued and sold to the Buyer at the Closing by wire transfer of immediately available funds in accordance with the Company’s written wire instructions and (ii) the Company shall issue to the Buyer one or more stock certificates, evidencing the number of Shares to be purchased at the Closing by the Buyer free and clear of any mortgage, pledge, hypothecation, rights of others, rights of first refusal, claim, security interest, encumbrance, title, defect, voting trust agreement, option, lien, taxes, charge or similar restrictions or limitations (collectively, “Liens”) (with the physical certificate for such Shares to be delivered promptly after the Closing).
Form of Payment; Delivery. At the Closing, each Buyer shall deliver to the Company the Buyer’s Purchase Price. The Company shall cause the issuance of the shares of Preferred Stock by book entry with VStock Transfer LLC, the Company’s transfer agent.
Form of Payment; Delivery. On the Closing Date (i) each Buyer shall pay the Purchase Price to the Company for the Shares and the Warrants to be issued and sold to such Buyer at the Closing by wire transfer of immediately available funds in accordance with the Company’s written wire instructions, and (ii) the Company shall deliver to each Buyer stock certificates (the “Stock Certificates”) representing such number of Shares, and an executed Warrant to purchase the number of Warrant Shares set forth opposite such Buyer’s name on the Schedule of Buyers.
Form of Payment; Delivery. Payments for the Purchase Price will be made by each Investor by wire into the bank account (the “Escrow Account”) of Sxxxxxxxx Xxxx Xxxxxxx Carmel LLP (the “Escrow Agent”) pursuant to an Escrow Agreement (the “Escrow Agreement”) by and among the Company, each Investor and the Escrow Agent, attached herein as Exhibit B. At the Closing, upon receipt of the Release Notice, (i) the Escrow Agent shall release and transfer the Aggregate Purchase Price, net of the banking fees, from the Escrow Account into the Company’s bank account as instructed by the Company in writing and (ii) the Company shall issue the Shares to each Investor.
