Common use of PURCHASE PRICE, ESCROW AND CLOSING Clause in Contracts

PURCHASE PRICE, ESCROW AND CLOSING. 2.1 The aggregate purchase price for the Shares is Ten Million Dollars ($10,000,000.00) (approximately $4.2857 per Share), payable by bank wire transfer of immediately available funds. The New Money Investor agrees that said purchase price shall be deposited in an interest bearing escrow account (the "Escrow Account") with Gray, Harris & Robinson, P.A. acting as escrow agent, within five (5) business days of xxx Xxxxany's request for such deposit. The parties further agree that the New Money Investor has previously deposited approximately One Million Six Hundred Sixty-Six Thousand Six Hundred Sixty Six and 67/100 Dollars ($1,666,666.67) as a good faith deposit with the escrow agent and that such sum shall be applied toward the purchase price.

PURCHASE PRICE, ESCROW AND CLOSING. 2.1 The aggregate purchase price for the Shares is Ten Million Dollars ($10,000,000.00) (approximately $4.2857 per Share), payable by bank wire transfer of immediately available funds. The New Money Investor agrees that said purchase price shall be deposited in an interest bearing escrow account (the "Escrow Account") with Gray, Harris & RobinsonXxxxxxxx, P.A. acting as escrow agent, within five (5) business days of xxx Xxxxanythe Company's request for such deposit. The parties further agree that the New Money Investor has previously deposited approximately One Million Six Hundred Sixty-Six Thousand Six Hundred Sixty Six and 67/100 Dollars ($1,666,666.67) as a good faith deposit with the escrow agent and that such sum shall be applied toward the purchase price.

PURCHASE PRICE, ESCROW AND CLOSING. 2.1 The aggregate purchase price for the Shares is Ten Five Million Dollars ($10,000,000.005,000,000.00) (approximately $4.2857 per Share), payable by bank wire transfer of immediately available funds. The New Money Investor agrees that said purchase price shall be deposited in an interest bearing escrow account (the "Escrow Account") with Gray, Harris & Robinson, P.A. acting as escrow agent, within five (5) business days of xxx Xxxxany's request for such deposit. The parties further agree that the New Money Investor has previously deposited approximately One Million Six Hundred Sixty-Six Thousand Six Hundred Sixty Six and 67/100 Dollars ($1,666,666.67) as a good faith deposit with the escrow agent and that such sum shall be applied toward the purchase price.