The Purchase Price Sample Clauses

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.

The Purchase Price. The purchase price for the Property is Three Million One Hundred Thousand Dollars ($3,100,000.00) (the "Purchase Price") and shall be paid by Purchaser to Seller at the Closing (as that term is defined in Section 15 below) as follows: ---------- (a) Within two (2) business days after execution of this Agreement by all parties, Purchaser shall deposit in escrow with Kramer, Coleman, Wactlar & Lieberman, P.C. ("Escrow Age▇▇") ▇▇ ▇nitial earnest money deposit in imm▇▇▇▇▇▇▇y available funds in the amount of Three Hundred Ten Thousand Dollars ($310,000.00) (the "Deposit"). (b) The Deposit paid by Purchaser pursuant to the terms hereof shall be held by Escrow Agent, pursuant to a separate escrow agreement, in an interest bearing account insured by the federal government in an institution reasonably acceptable to Seller. In the event the purchase and sale of the Property is consummated as contemplated hereunder, the Deposit (plus all interest accrued thereon) shall be paid to Seller. In the event the purchase and sale of the Property is not consummated because of the failure of any Purchaser's Condition Precedent (as defined in Section 10 below), except for a default under this Agreement on the part of Purchaser, the Deposit (plus all interest accrued thereon) shall be immediately refunded to Purchaser. In the event the purchase and sale of the Property is not consummated because of a default under this Agreement on the part of Purchaser, the Deposit (plus all interest accrued thereon) shall be paid to and retained by Seller pursuant to Section 18(b). (c) The balance of the Purchase Price shall be paid to Seller by wire transfer of immediately available funds at the Closing, net of all prorations as provided herein. (i) The duties and obligations of the Escrow Agent are only such as herein specifically provided, being purely ministerial in nature. The Escrow Agent shall incur no liability for any error in judgment, for any act done or step taken or omitted to be taken by it in good faith, for any mistake of fact or law or for any reason whatsoever except for its own willful misconduct. (ii) Seller and Purchaser hereby release the Escrow Agent from any act done or omitted to be done by it in good faith in the performance of its duties hereunder. Seller and Purchaser hereby agree to indemnify and hold harmless the Escrow Agent from and against any and all losses, costs, claims, liabilities and expenses (including without limitation reasonable attorneys' fees) incur...

The Purchase Price. Subject to and upon the terms and conditions of this Agreement, in consideration for the aforesaid sale, conveyance, assignment, transfer and delivery of the Shares at the Closing, Purchaser Parent shall: (a) pay to Sellers cash in the amount of Six Million Dollars ($6,000,000.00) (the "Cash Purchase Price"), which Cash Purchase Price shall be paid by Purchaser Parent to Sellers at the Closing (in the amount set forth next to such Seller's name on Exhibit A attached hereto) by wire transfer of immediately available funds to such account as Sellers shall, not less than one (1) business day prior to the Closing Date (as defined below), designate in writing to Purchaser; (b) deliver to Sellers three promissory notes (or such other consideration mutually agreeable to the parties) in the aggregate principal amount of $525,000.00, each in the amount set forth next to such Seller's name on Exhibit A attached hereto in substantially the form attached hereto as Exhibit D (each a "36 Month Note" and collectively, the "36 Month Notes"); and (c) deliver to Sellers three promissory notes (or such other consideration mutually agreeable to the parties) in the aggregate principal amount of $725,000.00, each in the amount set forth next to such Seller's name on Exhibit A attached hereto in substantially the form attached hereto as Exhibit E (each a "12 Month Note" and collectively, the "12 Month Notes" and together with the 36 Month Notes, the "Notes"), which Notes shall not be transferable to any third party without the prior written consent of Purchaser Parent (which shall not be unreasonably withheld), except for transfers to affiliates of Parent. The "Purchase Price" shall consist of the Cash Purchase Price, the principal amount of the 36 Month Notes and the principal amount of the 12 Month Notes. Purchaser, Purchaser Parent and Sellers each acknowledge that the above Purchase Price will represent the fair market value of the Shares at the time of Closing as determined as a result of arm's length negotiation.

The Purchase Price for each Unit of Preferred Stock pursuant to the exercise of a Right shall initially be $25.00, shall be subject to adjustment from time to time as provided in Sections 11 and 13 hereof and shall be payable in lawful money of the United States of America in accordance with paragraph (c) below.

The Purchase Price. Payment of the Purchase Price as provided in Section 1.3;

The Purchase Price. At the Closing, the Buyer shall purchase the Purchase Shares for a purchase price equal to $2.62 per Purchase Share (the “Purchase Price”), which shall be paid to the Company by the Buyer.

The Purchase Price. The purchase price of the Shares shall be $ per share (the "Option Price").

The Purchase Price. The purchase price for the Property is Twenty-Five Million Nine Hundred Twenty-Nine Thousand and No/100 Dollars ($25,929,000.00) (the “Purchase Price”) and shall be paid to Seller as follows:

The Purchase Price. The purchase price of the Shares shall be $0.885 per share (the "Warrant Price").