Common use of Purchase Price; Form of Payment Clause in Contracts

Purchase Price; Form of Payment. The purchase price for the Debenture to be purchased by Holder hereunder shall be $1,000,000 (the “Purchase Price”). Simultaneously with the execution of this Agreement, Holder shall pay the Purchase Price by wire transfer of $100,000 in immediately available funds to the Company and delivery to the Company of a Secured Promissory Note in the principal amount of $900,000, in the form attached hereto as Exhibit A (the “Promissory Note”). Simultaneously with the execution of this Agreement, the Company shall deliver the Debenture (which shall have been duly authorized, issued and executed I/N/O Holder or, if the Company otherwise has been notified, I/N/O Holder’s nominee) to the Holder.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Last Mile Logistics Group, Inc.), Securities Purchase Agreement (Turbine Truck Engines Inc)

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Purchase Price; Form of Payment. The purchase price for the Debenture to be purchased by Holder hereunder shall be $1,000,000 (the “Purchase Price”). Simultaneously with the execution of this Agreement, Holder shall pay the Purchase Price by wire transfer of $100,000 200,000 in immediately available funds to the Company (of which $46,181 shall be wire transferred by the Holder on behalf of the Company to RHP Master Fund, Ltd. pursuant to instructions provided by the Company) and delivery to the Company of a Secured Promissory Note in the principal amount of $900,000800,000, in the form attached hereto as Exhibit A (the “Promissory Note”). Simultaneously with the execution of this Agreement, the Company shall deliver the Debenture (which shall have been duly authorized, issued and executed I/N/O Holder or, if the Company otherwise has been notified, I/N/O Holder’s nominee) to the Holder.

Appears in 1 contract

Samples: Securities Purchase Agreement (Tidelands Oil & Gas Corp/Wa)

Purchase Price; Form of Payment. The purchase price for the Debenture to be purchased by Holder hereunder shall be $1,000,000 1,500,000 (the “Purchase Price”). Simultaneously with the execution of this Agreement, Holder shall pay the Purchase Price by wire transfer of $100,000 125,000 in immediately available funds to the Company and delivery to the Company of a Secured Promissory Note in the principal amount of $900,0001,375,000, in the form attached hereto as Exhibit A (the “Promissory Note”). Simultaneously with the execution of this Agreement, the Company shall deliver the Debenture (which shall have been duly authorized, issued and executed I/N/O Holder or, if the Company otherwise has been notified, I/N/O Holder’s nominee) to the Holder.

Appears in 1 contract

Samples: Securities Purchase Agreement (CSMG Technologies, Inc.)

Purchase Price; Form of Payment. The purchase price for the Debenture to be purchased by Holder hereunder shall be $1,000,000 2,000,000 (the “Purchase Price”). Simultaneously with the execution of this Agreement, Holder shall pay the Purchase Price by wire transfer of $100,000 250,000 in immediately available funds to the Company and delivery to the Company of a Secured Promissory Note in the principal amount of $900,0001,750,000, in the form attached hereto as Exhibit A (the “Promissory Note”). Simultaneously with the execution of this Agreement, the Company shall deliver the Debenture (which shall have been duly authorized, issued and executed I/N/O Holder or, if the Company otherwise has been notified, I/N/O Holder’s nominee) to the Holder.

Appears in 1 contract

Samples: Securities Purchase Agreement (Espre Solutions Inc)

Purchase Price; Form of Payment. The purchase price for the Debenture to be purchased by Holder hereunder shall be $1,000,000 1,500,000 (the “Purchase Price”). Simultaneously with the execution of this Agreement, Holder shall pay the Purchase Price by wire transfer of $100,000 250,000 in immediately available funds to the Company and delivery to the Company of a Secured Promissory Note in the principal amount of $900,0001,250,000, in the form attached hereto as Exhibit A (the “Promissory Note”). Simultaneously with the execution of this Agreement, the Company shall deliver the Debenture (which shall have been duly authorized, issued and executed I/N/O Holder or, if the Company otherwise has been notified, I/N/O Holder’s nominee) to the Holder.

Appears in 1 contract

Samples: Securities Purchase Agreement (Celsius Holdings, Inc.)

Purchase Price; Form of Payment. The purchase price for the Debenture to be purchased by Holder hereunder shall be $1,000,000 2,000,000 (the “Purchase Price”). Simultaneously with the execution of this Agreement, Holder shall pay the Purchase Price by wire transfer of $100,000 200,000 in immediately available funds to the Company and delivery to the Company of a Secured Promissory Note in the principal amount of $900,0001,800,000, in the form attached hereto as Exhibit A (the “Promissory Note”). Simultaneously with the execution of this Agreement, the Company shall deliver the Debenture (which shall have been duly authorized, issued and executed I/N/O Holder or, if the Company otherwise has been notified, I/N/O Holder’s nominee) to the Holder.

Appears in 1 contract

Samples: Securities Purchase Agreement (Mphase Technologies Inc)

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Purchase Price; Form of Payment. The purchase price for the Debenture to be purchased by Holder hereunder shall be $1,000,000 1,500,000 (the “Purchase Price”). Simultaneously with the execution of this Agreement, Holder shall pay the Purchase Price by wire transfer of $100,000 200,000 in immediately available funds to the Company and delivery to the Company of a Secured Promissory Note in the principal amount of $900,0001,300,000, in the form attached hereto as Exhibit A (the “Promissory Note”). Simultaneously Simultaneous with the execution of this Agreement, the Company shall deliver the Debenture (which shall have been duly authorized, issued and executed I/N/O Holder or, if the Company otherwise has been notified, I/N/O Holder’s nominee) to the Holder.

Appears in 1 contract

Samples: Securities Purchase Agreement (Etelcharge Com Inc)

Purchase Price; Form of Payment. The purchase price for the Debenture to be purchased by Holder hereunder shall be $1,000,000 1,500,000 (the “Purchase Price”). Simultaneously with the execution of this Agreement, Holder shall pay the Purchase Price by wire transfer of $100,000 200,000 in immediately available funds to the Company and delivery to the Company of a Secured Promissory Note in the principal amount of $900,0001,300,000, in the form attached hereto as Exhibit A (the “Promissory Note”). Simultaneously with the execution of this Agreement, the Company shall deliver the Debenture (which shall have been duly authorized, issued and executed I/N/O Holder or, if the Company otherwise has been notified, I/N/O Holder’s nominee) to the Holder.

Appears in 1 contract

Samples: Securities Purchase Agreement (American Security Resources Corp.)

Purchase Price; Form of Payment. The purchase price for the Debenture to be purchased by Holder hereunder shall be $1,000,000 1,500,000 (the "Purchase Price"). Simultaneously with the execution of this Agreement, Holder shall pay the Purchase Price by wire transfer of $100,000 200,000 in immediately available funds to the Company and delivery to the Company of a Secured Promissory Note in the principal amount of $900,0001,300,000, in the form attached hereto as Exhibit A (the "Promissory Note"). Simultaneously with the execution of this Agreement, the Company shall deliver the Debenture (which shall have been duly authorized, issued and executed I/N/O Holder or, if the Company otherwise has been notified, I/N/O Holder’s 's nominee) to the Holder.

Appears in 1 contract

Samples: Securities Purchase Agreement (Seaway Valley Capital Corp)

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