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

Payment of Purchase Price; Deliveries. On the Closing Date, (i) each Buyer shall pay its respective Purchase Price to the Company for the Common Shares and the Warrants to be issued and sold to such Buyer at the Closing, by wire transfer of immediately available funds in accordance with the Company’s written wire instructions, (less, in the case of Cranshire (as defined below), the amounts withheld pursuant to Section 4(g)) and (ii) the Company shall (A) cause OTC Stock Transfer, Inc. (together with any subsequent transfer agent, the “Transfer Agent”) through the Depository Trust Company (“DTC”) Fast Automated Securities Transfer Program, to credit such aggregate number of Common Shares that such Buyer is purchasing as is set forth opposite such Buyer’s name in column (3) of the Schedule of Buyers to such Buyer’s or its designee’s balance account with DTC through its Deposit/Withdrawal at Custodian system, (B) deliver to each Buyer a Warrant pursuant to which such Buyer shall have the right to initially acquire up to the aggregate number of Warrant Shares as is set forth opposite such Buyer’s name in column (4) of the Schedule of Buyers, duly executed on behalf of the Company and registered in the name of such Buyer or its designee and (C) deliver to such Buyer the other documents, instruments and certificates set forth in Section 6, duly executed on behalf of the Company.

Payment of Purchase Price; Deliveries. On the Closing Date, (i) each Buyer shall pay its respective Purchase Price to the Company for the Common Shares and the Warrants to be issued and sold to such Buyer at the Closing, by wire transfer of immediately available funds in accordance with the Company’s written wire instructions, instructions (less, in the case of Cranshire (as defined below), the amounts withheld pursuant to Section 4(g)) and (ii) the Company shall (A) cause OTC Corporate Stock Transfer, Inc. (together with any subsequent transfer agent, the “Transfer Agent”) through the Depository Trust Company (“DTC”) Fast Automated Securities Transfer Program, to credit such aggregate number of Common Shares that such Buyer is purchasing as is set forth opposite such Buyer’s name in column (3) of the Schedule of Buyers to such Buyer’s or its designee’s balance account with DTC through its Deposit/Withdrawal at Custodian system, (B) deliver to each Buyer a Warrant pursuant to which such Buyer shall have the right Warrants to initially acquire up to the aggregate number of Warrant Shares as is set forth opposite such Buyer’s name in column (4) of on the Schedule of Buyers, Buyers duly executed on behalf of the Company and registered in the name of such Buyer or its designee and (C) deliver to each such Buyer the other documents, instruments and certificates set forth in Section 6, 6 duly executed on behalf of the Company.

Payment of Purchase Price; Deliveries. On the each Closing Date, (i) each Buyer participating in such Closing shall pay its respective Purchase Price to the Company for the Common Shares and the Warrants to be issued and sold to such Buyer at the such Closing, by wire transfer of immediately available funds in accordance with the Company’s written wire instructions, instructions (less, in the case of Cranshire (as defined below)the lead Buyer, the amounts withheld pursuant to Section 4(g)) and (ii) the Company shall (A) cause OTC Stock TransferInterwest Transfer Company, Inc. (together with any subsequent transfer agent, the “Transfer Agent”) through the Depository Trust Company (“DTC”) Fast Automated Securities Transfer Program, to credit such aggregate number of Common Shares that such Buyer is purchasing as is set forth opposite at such Buyer’s name in column (3) of the Schedule of Buyers Closing to such participating Buyer’s or its designee’s balance account with DTC through its Deposit/Withdrawal at Custodian system, (B) deliver to each participating Buyer a Warrant pursuant to which the Warrants such Buyer shall have the right to initially acquire up to the aggregate number of Warrant Shares as is set forth opposite purchasing at such Buyer’s name Closing, in column (4) of the Schedule of Buyerseach case, duly executed on behalf of the Company and registered in the name of such Buyer or its designee and (C) deliver to each such Buyer the other documents, instruments and certificates set forth in Section 6, 6(a)(ii) duly executed on behalf of the Company.

Payment of Purchase Price; Deliveries. On the each Closing Date, (i) each Buyer participating in such Closing shall pay its respective Purchase Price to the Company for the Common Shares and the Warrants to be issued and sold to such Buyer at the such Closing, by wire transfer of immediately available funds in accordance with the Company’s written wire instructions, instructions (less, in the case of Cranshire (as defined below)the lead Buyer, the amounts withheld pursuant to Section 4(g)) and (ii) the Company shall (A) cause OTC Corporate Stock Transfer, Inc. (together with any subsequent transfer agent, the “Transfer Agent”) through the Depository Trust Company (“DTC”) Fast Automated Securities Transfer Program, to credit such aggregate number of Common Shares that such Buyer is purchasing as is set forth opposite at such Buyer’s name in column (3) of the Schedule of Buyers Closing to such participating Buyer’s or its designee’s balance account with DTC through its Deposit/Withdrawal at Custodian system, (B) deliver to each participating Buyer a the Warrant pursuant to which such Buyer shall have the right to initially acquire up to the aggregate number of Warrant Shares as is set forth opposite purchasing at such Buyer’s name Closing, in column (4) of the Schedule of Buyerseach case, duly executed on behalf of the Company and registered in the name of such Buyer or its designee and (C) deliver to each such Buyer the other documents, instruments and certificates set forth in Section 6, 6(a)(ii) duly executed on behalf of the Company.

Payment of Purchase Price; Deliveries. On the Closing Date, (i) each Buyer shall pay its respective Purchase Price to the Company for the Common Shares and the Warrants to be issued and sold to such Buyer at the Closing, by wire transfer of immediately available funds in accordance with the Company’s written wire instructions, instructions (less, in the case of Cranshire (as defined below), the amounts withheld pursuant to Section 4(g)) and (ii) the Company shall (A) cause OTC Stock Transfer, Inc. Interwest Transfer Company (together with any subsequent transfer agent, the “Transfer Agent”) through the Depository Trust Company (“DTC”) Fast Automated Securities Transfer Program, to credit such aggregate number of Common Shares that such Buyer is purchasing as is set forth opposite such Buyer’s name in column (3) of on the Schedule of Buyers to such Buyer’s or its designee’s balance account with DTC through its Deposit/Withdrawal at Custodian system, (B) deliver to each Buyer a Warrant pursuant to which such Buyer shall have the right Warrants to initially acquire up to the aggregate number of Warrant Shares as is set forth opposite such Buyer’s name in column (4) of on the Schedule of Buyers, Buyers duly executed on behalf of the Company and registered in the name of such Buyer or its designee and (C) deliver to such Buyer the other documents, instruments and certificates set forth in Section 6, 6 duly executed on behalf of the Company.

Payment of Purchase Price; Deliveries. On the Closing Date, (i) each Buyer shall pay its respective Purchase Price to the Company for the Common Registered Shares and the Warrants to be issued and sold to such Buyer at the Closing, by wire transfer of immediately available funds in accordance with the Company’s written wire instructions, instructions (less, in the case of Cranshire (as defined below)the lead Buyer, the amounts withheld pursuant to Section 4(g4(i)) and (ii) the Company shall (A) cause OTC Stock TransferComputershare, Inc. (together with any subsequent transfer agent, the “Transfer Agent”) through the Depository Trust Company (“DTC”) Fast Automated Securities Transfer Program, to credit such aggregate number of Common Registered Shares that such Buyer is purchasing as is set forth opposite such Buyer’s name in column (3) of the Schedule of Buyers to such Buyer’s or its designee’s balance account with DTC through its Deposit/Withdrawal at Custodian system, (B) deliver to each Buyer a Warrant pursuant to which such Buyer shall have the right to initially acquire up to the that aggregate number of Warrant Shares as is set forth opposite such Buyer’s name in column (4) of the Schedule of Buyers, duly executed on behalf of the Company and registered in the name of such Buyer or its designee and (C) deliver to each such Buyer the other documents, instruments and certificates set forth in Section 6, 6(a)(ii) duly executed on behalf of the Company.

Payment of Purchase Price; Deliveries. On the Closing Date, (i) each Buyer shall pay its respective Purchase Price to the Company for the Common Shares and the Warrants to be issued and sold to such Buyer at the Closing, by wire transfer of immediately available funds in accordance with the Company’s written wire instructions, instructions (less, in the case of Cranshire (as defined below), the amounts withheld pursuant to Section 4(g)) and (ii) the Company shall (A) cause OTC Stock Transfer, ComputerShare Inc. (together with any subsequent transfer agent, the “Transfer Agent”) through the Depository Trust Company (“DTC”) Fast Automated Securities Transfer Program, to credit such aggregate number of Common Shares that such Buyer is purchasing as is set forth opposite such Buyer’s name in column (3) of on the Schedule of Buyers to such Buyer’s or its designee’s balance account with DTC through its Deposit/Withdrawal at Custodian system, (B) deliver to each Buyer a Warrant pursuant to which such Buyer shall have the right Warrants to initially acquire up to the aggregate number of Warrant Shares as is set forth opposite such Buyer’s name in column (4) of on the Schedule of Buyers, Buyers duly executed on behalf of the Company and registered in the name of such Buyer or its designee and (C) deliver to such Buyer the other documents, instruments and certificates set forth in Section 6, 6 duly executed on behalf of the Company.

Payment of Purchase Price; Deliveries. On the Closing Date, (i) each Buyer shall pay its respective Purchase Price to the Company for the Common Shares and the Warrants to be issued and sold to such Buyer at the Closing, by wire transfer of immediately available funds in accordance with the Company’s written wire instructions, instructions (less, in the case of Cranshire (as defined below)the lead Buyer, the amounts withheld pursuant to Section 4(g)) and (ii) the Company shall (A) cause OTC Corporate Stock Transfer, Inc. (together with any subsequent transfer agent, the “Transfer Agent”) through the Depository Trust Company (“DTC”) Fast Automated Securities Transfer Program, to credit such aggregate number of Common Shares that such Buyer is purchasing as is set forth opposite such Buyer’s name in column (3) of the Schedule of Buyers to such Buyer’s or its designee’s balance account with DTC through its Deposit/Withdrawal at Custodian system, (B) deliver to each Buyer a Warrant pursuant to which such Buyer shall have the right to initially acquire up to the that aggregate number of Warrant Shares as is set forth opposite such Buyer’s name in column (4) of the Schedule of Buyers, in each case, duly executed on behalf of the Company and registered in the name of such Buyer or its designee and (C) deliver to each such Buyer the other documents, instruments and certificates set forth in Section 6, 6(a)(ii) duly executed on behalf of the Company.

Payment of Purchase Price; Deliveries. On the Closing Date, (i) each Buyer shall pay its respective Purchase Price to the Company for the Common Shares and the Warrants to be issued and sold to such Buyer at the Closing, by wire transfer of immediately available funds in accordance with the Company’s written wire instructions, (less, in the case of Cranshire (as defined below)a, the amounts withheld pursuant to Section 4(g)) and (ii) the Company shall (A) cause OTC Stock Standard Registrar & Transfer, Inc. (together with any subsequent transfer agent, the “Transfer Agent”) through the Depository Trust Company (“DTC”) Fast Automated Securities Transfer Program, to credit such aggregate number of Common Shares that such Buyer is purchasing as is set forth opposite such Buyer’s name in column (3) of the Schedule of Buyers to such Buyer’s or its designee’s balance account with DTC through its Deposit/Withdrawal at Custodian system, (B) deliver to each Buyer a Warrant pursuant to which such Buyer shall have the right to initially acquire up to the aggregate number of Warrant Shares as is set forth opposite such Buyer’s name in column (4) of on the Schedule of Buyers, duly executed on behalf of the Company and registered in the name of such Buyer or its designee and (C) deliver to each such Buyer the other documents, instruments and certificates set forth in Section 6, 6 duly executed on behalf of the Company.