Common use of Purchase and Sale of Securities Closing Clause in Contracts

Purchase and Sale of Securities Closing. Subject to the terms and conditions herein set forth, the Company hereby agrees to sell to Purchaser, and Purchaser agrees to purchase from the Company, at the Closing (as defined herein), for an aggregate purchase price of Two Million and no/100 Dollars ($2,000,000.00) (the "PURCHASE PRICE") the Securities. Subject to the satisfaction or waiver of the parties' respective conditions to closing set forth in Sections 3.1 and 3.2, the closing of the purchase and sale of the Securities (the "CLOSING") shall take place on May 31, 2002, or at such other time and on such other date as the Purchaser and the Company may agree (the "CLOSING DATE"), at the offices of Purchaser or at such other location as the Purchaser and the Company may agree. At the Closing, the Company will deliver to Purchaser one or more stock certificates, as Purchaser may request, registered in Purchaser's name evidencing the shares of Series C Preferred Stock and shares of Common Stock to be purchased by Purchaser, together with the Common Stock Warrants and the Series C Preferred Stock Warrants, against payment of the Purchase Price therefore by wire transfer of immediately available funds to or upon the order by the Company.

Purchase and Sale of Securities Closing. Subject to the terms and conditions herein set forth, the Company hereby agrees to sell to each Purchaser, and each Purchaser severally and not jointly agrees to purchase from the Company, at the Closing (as defined herein), shares of Series D Preferred Stock, Series D Warrants, Common Shares and Common Stock Warrants in the amounts indicated on Schedule I attached hereto with respect to such Purchaser for an the aggregate purchase price of Two Million and no/100 Dollars ($2,000,000.00) (the "PURCHASE PRICE") the Securitiesset forth on Schedule I to be paid by such Purchaser. Subject to the satisfaction or waiver of the parties' respective conditions to closing set forth in Sections 3.1 and 3.2, the closing of the purchase and sale of the Securities (the "CLOSINGClosing") shall take place on May 31June __, 20022003, or at such other time and on such other date as the Purchaser Purchasers and the Company may agree (the "CLOSING DATEClosing Date"), at the offices of Purchaser the Company or at such other location as the Purchaser Purchasers and the Company may agree. At the Closing, the Company will deliver to each Purchaser one two or more stock certificates, as such Purchaser may request, registered in such Purchaser's name (or in its nominee name if designated by Purchaser) evidencing the shares of Series C D Preferred Stock and shares of Common Stock to be purchased by Purchaser, together with the Series D Warrants and Common Stock Warrants and the Series C Preferred Stock Warrantsto be purchased by such Purchaser, against payment of the Purchase Price applicable purchase price therefore by wire transfer of immediately available funds to or upon the order by the Company.

Purchase and Sale of Securities Closing. Subject to the terms and conditions herein set forth, the Company hereby agrees to sell to each Purchaser, and each Purchaser severally and not jointly agrees to purchase from the Company, at the Closing (as defined herein), shares of Series D Preferred Stock, Series D Warrants, Common Shares and Common Stock Warrants in the amounts indicated on Schedule I attached hereto with respect to such Purchaser for an the aggregate purchase price of Two Million and no/100 Dollars ($2,000,000.00) (the "PURCHASE PRICE") the Securitiesset forth on Schedule I to be paid by such Purchaser. Subject to the satisfaction or waiver of the parties' ’ respective conditions to closing set forth in Sections 3.1 and 3.2, the closing of the purchase and sale of the Securities (the "CLOSING"“Closing”) shall take place on May 31June 27, 20022003, or at such other time and on such other date as the Purchaser Purchasers and the Company may agree (the "CLOSING DATE"“Closing Date”), at the offices of Purchaser the Company or at such other location as the Purchaser Purchasers and the Company may agree. At the Closing, the Company will deliver to each Purchaser one two or more stock certificates, as such Purchaser may request, registered in such Purchaser's ’s name (or in its nominee name if designated by Purchaser) evidencing the shares of Series C D Preferred Stock and shares of Common Stock to be purchased by Purchaser, together with the Series D Warrants and Common Stock Warrants and the Series C Preferred Stock Warrantsto be purchased by such Purchaser, against payment of the Purchase Price applicable purchase price therefore by wire transfer of immediately available funds to or upon the order by the Company.

Purchase and Sale of Securities Closing. Subject to the terms and conditions herein set forth, the Company hereby agrees to sell to Purchaser, and Purchaser agrees to purchase from the Company, at the Closing (as defined herein), for an aggregate purchase price of Two Million Four Hundred Nineteen Thousand, Nine Hundred and no/100 Fourteen Dollars ($2,000,000.00419,914.00) (the "PURCHASE PRICEPurchase Price") ), the Securities. Subject to the satisfaction or waiver of the parties' respective conditions to closing set forth in Sections 3.1 and 3.2, the closing of the purchase and sale of the Securities (the "CLOSINGClosing") shall take place on May 31April 23, 20022003, or at such other time and on such other date as the Purchaser and the Company may agree (the "CLOSING DATE"), at the offices of Purchaser or at such other location as the Purchaser and the Company may agree. At the Closing, the Company will deliver to Purchaser one or more stock certificates, as Purchaser may request, registered in Purchaser's name (or in its nominee name if designated by Purchaser) evidencing the shares of Series C Preferred Stock and shares of Common Stock to be purchased by Purchaser, together with the Common Stock Warrants and the Series C Preferred Stock Warrants, against payment of the Purchase Price therefore by wire transfer of immediately available funds to or upon the order by the Company.