Common use of Payment for the Shares Clause in Contracts

Payment for the Shares. Concurrently with the execution and delivery of this Agreement, the Purchaser is hereby delivering or designating authority to Xxxx X. Xxxxx, General Counsel of the Company, as escrow agent (the "Escrow Agent"), over a wire transfer or a Company check, in an amount equal to the purchase price for all of the Shares being purchased and sold, as listed on Schedule A attached hereto, as payment in full of the purchase price for all of the Shares. Escrow Agent shall release the funds to the Seller upon Escrow Agent's receipt of all the documents listed in Section 3.

Payment for the Shares. Concurrently with the execution and delivery of this Agreement, the Purchaser is hereby delivering or designating authority to Xxxx Mxxx X. Xxxxx, General Counsel of the Company, as escrow agent (the "“Escrow Agent"”), over a wire transfer or a Company check, in an amount equal to the purchase price for all of the Shares being purchased and sold, as listed on Schedule A attached hereto, as payment in full of the purchase price for all of the Shares. Escrow Agent shall release the funds to the Seller upon Escrow Agent's ’s receipt of all the documents listed in Section 3.