Purchase Price and Payment of the Purchase Price for the Shares Sample Clauses

Purchase Price and Payment of the Purchase Price for the Shares. The Purchase Price for the Shares to be purchased by Camber shall be an aggregate amount of $11,000,000 to be paid via wire transfer on the Closing Date. Upon (and subject to) Camber paying the Purchase Price to Viking, Viking shall arrange for its transfer agent to issue the Shares, in book entry form, to Camber forthwith thereafter.
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Purchase Price and Payment of the Purchase Price for the Shares. The Purchase Price for the Shares to be purchased by the Purchaser shall be an aggregate amount of $20,100,000, to be paid (i) $10,900,000 in cash, and (ii) $9,200,000 by cancellation of the Notes pursuant to the form of Cancellation Agreement attached hereto as Exhibit A. Upon (and subject to) receipt of (i) $10,900,000, and (ii) the Cancellation Agreement executed by the Purchaser, the Company shall deliver or cause to be delivered the Shares to the Purchaser.
Purchase Price and Payment of the Purchase Price for the Shares. The Purchase Price for the Shares to be purchased by the Purchaser shall be an aggregate amount of $18,900,000 to be paid by the issuance by the Purchaser of the EMC Shares to EMC in satisfaction of all amounts owing by the Company to EMC under the EMC Note. Upon (and subject to) the Purchaser issuing the EMC Shares to EMC, the Company shall deliver or cause to be delivered the Shares to the Purchaser as soon as is practicable thereafter. Each of the Purchaser and the Company acknowledge and agree that notwithstanding anything to the contrary herein, the Company is in the process of effecting a reverse stock split, the Shares will not be issued by the Company’s transfer agent until that reverse stock split has been effected and announced by FINRA, and the Company shall not be in default under any provision of this Agreement if the Shares are not issued to the Purchaser until immediately following the time that the reverse stock split has been effected and announced by FINRA.

Related to Purchase Price and Payment of the Purchase Price for the Shares

  • Purchase Price and Payment Unless otherwise agreed in writing between the selling Investor Member and the Company, the price of Class A Investor Shares purchased and sold pursuant to this section 8.6 shall be ninety percent (90%) of the then-current value of such Class A Investor Shares as determined by the Company in accordance with its financial model. The purchase price shall be paid by wire transfer or other immediately available funds at closing, which shall be held within sixty (60) days following written notice from the Manager. P a g e | 17

  • Purchase Price and Payment Date Each Asset purchased by the Receiver pursuant to this Section 3.4 shall be purchased at a price equal to the Repurchase Price of such Asset less the Related Liability Amount applicable to such Asset, in each case determined as of the applicable Put Date. If the difference between such Repurchase Price and such Related Liability Amount is positive, then the Receiver shall pay to the Assuming Institution the amount of such difference; if the difference between such amounts is negative, then the Assuming Institution shall pay to the Receiver the amount of such difference. The Assuming Institution or the Receiver, as the case may be, shall pay the purchase price determined pursuant to this Section 3.4(d) not later than the twentieth (20th) Business Day following the applicable Put Date, together with interest on such amount at the Settlement Interest Rate for the period from and including such Put Date to and including the day preceding the date upon which payment is made.

  • The Purchase Price Notwithstanding the termination of the Option, Grantee will be entitled to exercise its rights under this Section 6(c) if it has exercised such rights in accordance with the terms hereof prior to the termination of the Option.

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

  • Purchase Price and Payment Terms The purchase price for all the Assets is as follows, $2,000,000 worth of Companies restricted shares at closing by issuing 2,000,000 shares of pre reverse, CRT stock.

  • 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.

  • 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:

  • Purchase Price; Consideration Purchaser shall, on the date hereof (the “Closing Date”), issue to Seller a promissory note, substantially in the form attached hereto as Exhibit B, in the sum of Fifteen Thousand Dollars ($15,000) (the “Promissory Note”) as the consideration for the Ownership Interests.

  • 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.

  • Purchase Price and Closing Subject to the terms and conditions hereof, the Company agrees to issue and sell to the Purchasers and, in consideration of and in express reliance upon the representations, warranties, covenants, terms and conditions of this Agreement, the Purchasers, severally but not jointly, agree to purchase the Units for an aggregate purchase price of up to $10,000,000 (the “Offering Amount”), at a per Unit purchase price of $4.00 per Unit (the “Purchase Price”). The closing of the purchase and sale of the Units to be acquired by the Purchasers from the Company under this Agreement shall take place at the offices of Xxxxxx & Jaclin, LLP, 000 Xxxxx 0 Xxxxx, Xxxxx 000, Xxxxxxxxx, XX 00000 (the “Closing”). Subject to the terms and conditions set forth in this Agreement, the date and time of the Closing shall be the Closing Date (or such later date as is mutually agreed to by the Company and Newbridge Securities Corporation (the “Placement Agent”)), provided, that all of the conditions set forth in Article IV hereof and applicable to the Closing shall have been fulfilled or waived in accordance herewith (the “Closing Date”). Subject to the terms and conditions of this Agreement, at the Closing the Company shall deliver or cause to be delivered to each Purchaser (x) a certificate for the number of Preferred Shares set forth opposite the name of such Purchaser on Exhibit A hereto, (y) its Warrants to purchase such number of shares of Common Stock as is set forth opposite the name of such Purchaser on Exhibit A attached hereto and (z) any other documents required to be delivered pursuant to Article IV hereof. At the Closing, each Purchaser shall deliver its Purchase Price by wire transfer to the escrow account pursuant to the Escrow General Agreement (as hereafter defined).

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