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

Purchase Price; Form of Payment. The purchase price for the Preferred Shares and the Warrants to be purchased by Buyer hereunder shall be $500,000 (the "PURCHASE PRICE"). Simultaneously with the execution of this Agreement, Buyer shall pay the Purchase Price by wire transfer of immediately available funds to the escrow agent (the "ESCROW AGENT") identified in those certain Escrow Instructions of even date herewith, a copy of which is attached hereto as Exhibit C (the "ESCROW INSTRUCTIONS"). Simultaneously with the execution of this Agreement, the Company shall deliver one or more duly authorized, issued and executed certificates (I/N/O Buyer or, if the Company otherwise has been notified, I/N/O Buyer's nominee) evidencing the Preferred Shares and the Warrants which Buyer is purchasing, to the Escrow Agent or its designated depository. By executing and delivering this Agreement, Buyer and the Company each hereby agree to observe the terms and conditions of the Escrow Instructions, all of which are incorporated herein by reference as if fully set forth herein.

Purchase Price; Form of Payment. 1. The purchase price for the Preferred Shares and the Warrants to be purchased by Buyer hereunder shall be $500,000 1,500,000, less deductions for fees and expenses (the "PURCHASE PRICEPurchase Price"). 1. Simultaneously with the execution of this Agreement, Buyer shall pay the Purchase Price by wire transfer of immediately available funds to the escrow agent (the "ESCROW AGENTEscrow Agent") identified in those certain Escrow Instructions dated as of even the date herewithhereof, a copy of which is attached hereto as Exhibit C (the "ESCROW INSTRUCTIONSEscrow Instructions"). Simultaneously with against receipt by the execution Escrow Agent of this Agreementthe Purchase Price, the Company shall deliver to the Escrow Agent or its designated depository one or more duly authorized, issued and executed certificates (I/N/O in the name of Buyer or, if the Company otherwise has been notifiednotified otherwise, I/N/O in the name of Buyer's nominee) evidencing the Preferred Shares and the Warrants which the Buyer is purchasing, to the Escrow Agent or its designated depository. By executing and delivering this Agreement, Buyer and the Company each hereby agree agrees to observe the terms and conditions of the Escrow Instructions, all of which are incorporated herein by reference as if fully set forth herein.

Purchase Price; Form of Payment. The purchase price for the Preferred Shares and the Warrants Debentures to be purchased by Buyer hereunder shall be U.S. $500,000 960,000 (the "PURCHASE PRICEPurchase Price"). Simultaneously with the execution of this Agreement, Buyer shall pay the Purchase Price by wire transfer of immediately available funds to the escrow agent (the "ESCROW AGENTEscrow Agent") identified in those certain Joint Escrow Instructions of even date herewith, a copy of which is attached hereto as Exhibit C Annex II (the "ESCROW INSTRUCTIONSJoint Escrow Instructions"). Simultaneously with against receipt by the execution Escrow Agent of this Agreementthe Purchase Price, the Company shall deliver one or more duly authorized, issued and executed certificates (I/N/O Buyer or, if the Company otherwise has been notified, I/N/O Buyer's nominee) evidencing the Preferred Shares and the Warrants which Buyer is purchasingDebentures, to the Escrow Agent or its designated depository. By executing and delivering this Agreement, Buyer and the Company each hereby agree agrees to observe the terms and conditions of the Joint Escrow Instructions, all of which are incorporated herein by reference as if fully set forth herein.

Purchase Price; Form of Payment. 1. The purchase price for the Preferred Shares and the Warrants to be purchased by Buyer hereunder shall be $500,000 1,500,000, less deductions for fees and expenses (the "PURCHASE PRICEPurchase Price"). 2. Simultaneously with the execution of this Agreement, Buyer shall pay the Purchase Price by wire transfer of immediately available funds to the escrow agent (the "ESCROW AGENTEscrow Agent") identified in those certain Escrow Instructions dated as of even the date herewithhereof, a copy of which is attached hereto as Exhibit C (the "ESCROW INSTRUCTIONSEscrow Instructions"). Simultaneously with against receipt by the execution Escrow Agent of this Agreementthe Purchase Price, the Company shall deliver to the Escrow Agent or its designated depository one or more duly authorized, issued and executed certificates (I/N/O in the name of Buyer or, if the Company otherwise has been notifiednotified otherwise, I/N/O in the name of Buyer's nominee) evidencing the Preferred Shares and the Warrants which the Buyer is purchasing, to the Escrow Agent or its designated depository. By executing and delivering this Agreement, Buyer and the Company each hereby agree agrees to observe the terms and conditions of the Escrow Instructions, all of which are incorporated herein by reference as if fully set forth herein.

Purchase Price; Form of Payment. The purchase price for the Preferred Shares and the Warrants to be purchased by Buyer hereunder shall be $500,000 2,200,000 (the "PURCHASE PRICE"). Simultaneously with the execution of this Agreement, Buyer shall pay the Purchase Price by wire transfer of immediately available funds to the escrow agent (the "ESCROW AGENT") identified in those certain Escrow Instructions of even date herewith, a copy of which is attached hereto as Exhibit C (the "ESCROW INSTRUCTIONS"). Simultaneously with the execution of this AgreementAgreement and against receipt by the Escrow Agent of the Purchase Price, the Company shall deliver one or more duly authorized, issued and executed certificates (I/N/O Buyer or, if the Company otherwise has been notified, I/N/O Buyer's nominee) evidencing the Preferred Shares and the Warrants which the Buyer is purchasing, to the Escrow Agent or its designated depository. By executing and delivering this Agreement, Buyer and the Company each hereby agree agrees to observe the terms and conditions of the Escrow Instructions, all of which are incorporated herein by reference as if fully set forth herein.

Purchase Price; Form of Payment. (1) The net purchase price for the Preferred Shares and the Warrants to be purchased by Buyer hereunder shall be $500,000 (the "PURCHASE PRICEPurchase Price"). Simultaneously with the execution of this Agreement, after deductions for fees and expenses.. (2) Buyer shall pay the Purchase Price by wire transfer of immediately available funds to the escrow agent (the "ESCROW AGENTEscrow Agent") identified in those certain Escrow Instructions dated as of even the date herewithhereof, a copy of which is attached hereto as Exhibit EXHIBIT C (the "ESCROW INSTRUCTIONSEscrow Instructions"). Simultaneously with against receipt by the execution Escrow Agent of this Agreementthe Purchase Price, the Company shall deliver to the Escrow Agent or its designated depository one or more duly authorized, issued and executed certificates (I/N/O in the name of Buyer or, if the Company otherwise has been notifiednotified otherwise, I/N/O in the name of Buyer's nominee) evidencing the Preferred Shares and the Warrants which the Buyer is purchasing, to the Escrow Agent or its designated depository. By executing and delivering this Agreement, Buyer and the Company each hereby agree agrees to observe the terms and conditions of the Escrow Instructions, all of which are incorporated herein by reference as if fully set forth herein.

Purchase Price; Form of Payment. The purchase price for the Preferred Shares and the Warrants to be purchased by Buyer hereunder shall be $500,000 4,500,000 (the "PURCHASE PRICE"). Simultaneously with the execution of this Agreement, Buyer shall pay the Purchase Price by wire transfer of immediately available funds to the escrow agent (the "ESCROW AGENT") identified in those certain Escrow Instructions of even date herewith, a copy of which is attached hereto as Exhibit C (the "ESCROW INSTRUCTIONS"). Simultaneously with the execution of this Agreement, the Company shall deliver one or more duly authorized, issued and executed certificates (I/N/O Buyer or, if the Company otherwise has been notified, I/N/O Buyer's nominee) evidencing the Preferred Shares and the Warrants which Buyer is purchasing, to the Escrow Agent or its designated depository. By executing and delivering this Agreement, Buyer and the Company each hereby agree to observe the terms and conditions of the Escrow Instructions, all of which are incorporated herein by reference as if fully set forth herein.

Purchase Price; Form of Payment. The total purchase price for the Preferred Shares and the Warrants to be purchased by Buyer hereunder shall be $500,000 540,000 (the "PURCHASE PRICEPurchase Price"). Simultaneously with Subject to the execution terms and conditions of this Agreement, Buyer shall pay the Purchase Price by wire transfer of immediately available funds to the escrow agent (the "ESCROW AGENT") identified in Agreement and those certain Escrow Instructions of even date herewith, a copy of which is attached hereto as Exhibit C (the "ESCROW INSTRUCTIONSEscrow Instructions"), Buyer shall pay to the Company $540,000 minus the deductions as set forth in the Escrow Instructions (the "Purchase Price") at the date and time of the issuance and sale by the Company of the Preferred Shares and the Warrants (the "Closing") by wire transfer of immediately available funds to the escrow agent (the "Escrow Agent") identified in the Escrow Instructions. Simultaneously with the execution of this Agreement, the Company shall deliver to the Escrow Agent or its designated depository one or more duly authorized, issued and executed certificates (I/N/O Buyer or, if the Company otherwise has been notified, I/N/O Buyer's nominee) evidencing the Preferred Shares and the Warrants which Buyer is purchasing, to the Escrow Agent or its designated depositoryWarrants. By executing and delivering this Agreement, Buyer and the Company each hereby agree agrees to observe the terms and conditions of the Escrow Instructions, all of which are incorporated herein by reference as if fully set forth herein.

Purchase Price; Form of Payment. The purchase price for the Preferred Shares and the Warrants to be purchased by Buyer hereunder shall be $500,000 3,500,000 (the "PURCHASE PRICE"). Simultaneously with the execution of this Agreement, Buyer shall pay the Purchase Price by wire transfer of immediately available funds to the escrow agent (the "ESCROW AGENT") identified in those certain Escrow Instructions of even date herewith, a copy of which is attached hereto as Exhibit C (the "ESCROW INSTRUCTIONS"). Simultaneously with the execution of this Agreement, the Company shall deliver one or more duly authorized, issued and executed certificates (I/N/O Buyer or, if the Company otherwise has been notified, I/N/O Buyer's nominee) evidencing the Preferred Shares and the Warrants which Buyer is purchasing, to the Escrow Agent or its designated depository. By executing and delivering this Agreement, Buyer and the Company each hereby agree agrees to observe the terms and conditions of the Escrow Instructions, all of which are incorporated herein by reference as if fully set forth herein.

Purchase Price; Form of Payment. The purchase price for the Preferred Shares and the Warrants to be purchased by Buyer hereunder shall be $500,000 (the "PURCHASE PRICE"). Simultaneously with the execution of this Agreement, Buyer shall pay the Purchase Price by wire transfer of immediately available funds to the escrow agent (the "ESCROW AGENT") identified in those certain Escrow Instructions of even date herewith, a copy of which is attached hereto as Exhibit C (the "ESCROW INSTRUCTIONS"). Simultaneously with the execution of this Agreement, the Company shall deliver one or more duly authorized, issued and executed certificates (I/N/O Buyer or, if the Company otherwise has been notified, I/N/O Buyer's nominee) evidencing the Preferred Shares and the Warrants which Buyer is purchasing, to the Escrow Agent or its designated depository. By executing and delivering this Agreement, Buyer and the Company each hereby agree agrees to observe the terms and conditions of the Escrow Instructions, all of which are incorporated herein by reference as if fully set forth herein.

Purchase Price; Form of Payment. The purchase price for the Preferred Shares Debenture and the Warrants Warrant to be purchased by Buyer hereunder shall be $500,000 1,000,000 (U.S.) (the "PURCHASE PRICEPurchase Price"). Simultaneously with the execution of this Agreement, Buyer shall pay the Purchase Price by wire transfer of immediately available funds to the escrow agent (the "ESCROW AGENTEscrow Agent") identified in those certain Escrow Instructions of even date herewith, a copy of which is attached hereto as Exhibit C (the "ESCROW INSTRUCTIONSEscrow Instructions"). Simultaneously with the execution of --------- this Agreement, the Company shall deliver one or more the Debenture (which shall have been duly authorized, issued and executed certificates (I/N/O Buyer or, if the Company otherwise has been notified, I/N/O Buyer's nominee) evidencing the Preferred Shares and the Warrants which Buyer is purchasing, Warrant to the Escrow Agent or its designated depository. By executing and delivering this Agreement, Buyer and the Company each hereby agree to observe the terms and conditions of the Escrow Instructions, all of which are incorporated herein by reference as if fully set forth herein.