Common use of Form of Payment; Deliveries Clause in Contracts

Form of Payment; Deliveries. Subject to the satisfaction of the terms and conditions of this Agreement, on each Closing Date, (i) the Buyer(s) shall deliver to the Company the Purchase Price for the Convertible Debentures to be issued and sold to the Buyer(s) at such Closing, minus any fees or expenses to be paid directly from the proceeds of such Closing as set forth herein, and (ii) the Company shall deliver to the Buyer(s), Convertible Debentures which the Buyer(s) is purchasing at such Closing with a principal amount corresponding with the Subscription Amount set forth opposite Bxxxx’s name on Schedule I, duly executed on behalf of the Company.

Form of Payment; Deliveries. Subject to the satisfaction of the terms and conditions of this Agreement, on each Closing Date, (i) the Buyer(s) Buyers shall deliver to the Company the Purchase Price such aggregate proceeds for the Convertible Debentures to be issued and sold to the Buyer(s) such Buyer at such Closing, minus any the fees or expenses to be paid directly from the proceeds of such Closing as set forth herein, and (ii) the Company shall deliver to the Buyer(s)each Buyer, Convertible Debentures which the Buyer(s) such Buyer is purchasing at such Closing with a principal amount corresponding with the Subscription Amount set forth opposite Bxxxxeach Buyer’s name on the Schedule Iof Buyers attached as Schedule I hereto, duly executed on behalf of the Company.