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

Purchase Price; Form of Payment. The purchase price for the Debenture to be purchased by Buyer hereunder shall be $300,000 (the "PURCHASE PRICE"). Simultaneously with the execution of this Agreement, Buyer shall pay $150,000 of the Purchase Price (the" Initial Purchase Price") by wire transfer of immediately available funds to the Company. Simultaneously with the execution of this Agreement, the Company shall deliver the Convertible Debenture and the Conversion Warrants (which shall have been duly authorized, issued and executed I/N/O Buyer or, if the Company otherwise has been notified, I/N/O Buyer's nominee). Upon notification and verification that the Registration Statement for the Conversion Shares (as defined below) and the shares of Common Stock issuable upon exercise of the Conversion Warrants (the "WARRANT SHARES") has been declared effective by the Securities and Exchange Commission, Buyer shall immediately send via wire the remainder of the Purchase Price, provided however, that Buyer shall not be obligated to fund the remainder of the Purchase Price if, on the date that the Registration Statement has been declared effective, the average closing price of the Stock for the prior thirty trading days is ten cents or less.

Purchase Price; Form of Payment. The purchase price for the Debenture to be purchased by Buyer hereunder shall be $300,000 (the "PURCHASE PRICE"). Simultaneously with the execution of this Agreement, Buyer shall pay $150,000 of the Purchase Price (the" Initial Purchase Price") by wire transfer of immediately available funds to the Company. Simultaneously with the execution of this Agreement, the Company shall deliver the Convertible Debenture and the Conversion Warrants (which shall have been duly authorized, issued and executed I/N/O Buyer or, if the Company otherwise has been notified, I/N/O Buyer's nominee). Upon notification and verification that the Registration Statement for the Conversion Shares (as defined below) and the shares of Common Stock issuable upon exercise of the Conversion Warrants (the "WARRANT SHARES") has been declared effective by the Securities and Exchange Commission, Buyer shall immediately send via wire the remainder of the Purchase Price, provided however, that Buyer shall not be obligated to fund the remainder of the Purchase Price if, on the date that the Registration Statement has been declared effective, the average closing price of the Stock for the prior thirty trading days is ten cents or less.

Purchase Price; Form of Payment. The purchase price for the Debenture to be purchased by Buyer hereunder shall be $300,000 (the "PURCHASE PRICEPurchase Price"). Simultaneously with the execution of this Agreement, Buyer shall pay $150,000 225,000 of the Purchase Price (the" the "Initial Purchase Price") by wire transfer of immediately available funds to the Company. Simultaneously with the execution of this Agreement, the Company shall deliver the Convertible Debenture and the Conversion Warrants (which shall have been duly authorized, issued and executed I/N/O Buyer or, if the Company otherwise has been notified, I/N/O Buyer's nominee). Upon notification and verification that the Registration Statement for the Conversion Shares (as defined below) and the shares of Common Stock issuable upon exercise of the Conversion Warrants (the "WARRANT SHARESWarrant Shares") has been declared effective by the Securities and Exchange Commission, and such shares can legally be issued to Buyer, Buyer shall immediately send via wire the remainder of the Purchase Price, provided however, that Buyer shall not be obligated to fund the remainder of the Purchase Price if, on the date that the Registration Statement has been declared effective, the average closing price of the Stock for the prior thirty trading days is ten cents or less.

Purchase Price; Form of Payment. The purchase price for the Debenture to be purchased by Buyer hereunder shall be $300,000 250,000 (the "PURCHASE PRICE"). Simultaneously with the execution of this Agreement, Buyer shall pay $150,000 of the Purchase Price (the" the "Initial Purchase Price") by wire transfer of immediately available funds to the Company. Simultaneously with the execution of this Agreement, the Company shall deliver the Convertible Debenture and the Conversion Warrants (which shall have been duly authorized, issued and executed I/N/O Buyer or, if the Company otherwise has been notified, I/N/O Buyer's nominee). Upon notification and verification that the Registration Statement for the Conversion Shares (as defined below) and the shares of Common Stock issuable upon exercise of the Conversion Warrants (the "WARRANT SHARES") has been declared effective by the Securities and Exchange Commission, and such shares can legally be issued to Buyer, Buyer shall immediately send via wire the remainder of the Purchase Price, provided however, that Buyer shall not be obligated to fund the remainder of the Purchase Price if, on the date that the Registration Statement has been declared effective, the average closing price of the Stock for the prior thirty trading days is ten cents or less.

Purchase Price; Form of Payment. The purchase price for the Debenture to be purchased by Buyer Holder hereunder shall be $300,000 30,000 (the "PURCHASE PRICEPurchase Price"). Simultaneously with the execution of this Agreement, Buyer Holder shall pay $150,000 30,000 of the Purchase Price (the" the "Initial Purchase Price") by wire transfer of immediately available funds to the Company. Simultaneously with the execution of this Agreement, the Company shall deliver the Convertible Debenture and the Conversion Warrants (which shall have been duly authorized, issued and executed I/N/O Buyer Holder or, if the Company otherwise has been notified, I/N/O BuyerHolder's nominee). Upon notification and verification that the Registration Statement for the Conversion Shares (as defined below) and the shares of Common Stock issuable upon exercise of the Conversion Warrants (the "WARRANT SHARESWarrant Shares") has been declared effective by the Securities and Exchange Commission, Buyer and such shares can legally be issued to Holder, Holder shall immediately send via wire the remainder of the Purchase Price, provided however, that Buyer shall not be obligated to fund the remainder of the Purchase Price if, on the date that the Registration Statement has been declared effective, the average closing price of the Stock for the prior thirty trading days is ten cents or less.

Purchase Price; Form of Payment. The purchase price for the Debenture to be purchased by Buyer hereunder shall be $300,000 250,000 (the "PURCHASE PRICE"). Simultaneously with the execution of this Agreement, Buyer shall pay $150,000 of the Purchase Price (the" Initial Purchase Price") by wire transfer of immediately available funds to the Company. Simultaneously with the execution of this Agreement, the Company shall deliver the Convertible Debenture and the Conversion Warrants (which shall have been duly authorized, issued and executed I/N/O Buyer or, if the Company otherwise has been notified, I/N/O Buyer's nominee). Upon notification and verification that the Registration Statement for the Conversion Shares (as defined below) and the shares of Common Stock issuable upon exercise of the Conversion Warrants (the "WARRANT SHARES") has been declared effective by the Securities and Exchange Commission, Buyer shall immediately send via wire to the Company the remainder of the Purchase Price, provided however, that Buyer shall not be obligated to fund the remainder of the Purchase Price if, on the date that the Registration Statement has been declared effective, the average closing price of the Stock for the prior thirty trading days is ten cents or less.

Purchase Price; Form of Payment. The purchase price for the Debenture to be purchased by Buyer hereunder shall be $300,000 225,000 (the "PURCHASE PRICEPurchase Price"). Simultaneously with the execution of this Agreement, Buyer shall pay $150,000 100,000 of the Purchase Price (the" Initial Purchase Price") by wire transfer of immediately available funds to the Company. Simultaneously with the execution of this Agreement, the Company shall deliver the Convertible Debenture and the Conversion Warrants (which shall have been duly authorized, issued and executed I/N/O Buyer or, if the Company otherwise has been notified, I/N/O Buyer's nominee). Upon notification and verification that the Registration Statement for the Conversion Shares (as defined below) and the shares of Common Stock issuable upon exercise of the Conversion Warrants and the Warrant (the "WARRANT SHARESInitial Warrant") previously issued by the Company in favor of initial Buyer for 500,000 shares (collectively, the "Warrant Shares") has been declared effective by the Securities and Exchange Commission, Buyer shall immediately send via wire the remainder of the Purchase Price, provided however, that Buyer shall not be obligated to fund the remainder of the Purchase Price if, on the date that the Registration Statement has been declared effective, the average closing price of the Stock for the prior thirty trading days is ten cents or less.

Purchase Price; Form of Payment. The purchase price for the Debenture to be purchased by Buyer hereunder shall be $300,000 (the "PURCHASE PRICEPurchase Price"). Simultaneously with the execution of this Agreement, Buyer shall pay $150,000 of the Purchase Price (the" the "Initial Purchase Price") by wire transfer of immediately available funds to the Company. Simultaneously with the execution of this Agreement, the Company shall deliver the Convertible Debenture and the Conversion Warrants (which shall have been duly authorized, issued and executed I/N/O Buyer or, if the Company otherwise has been notified, I/N/O Buyer's nominee). Upon notification and verification that the Registration Statement for the Conversion Shares (as defined below) and the shares of Common Stock issuable upon exercise of the Conversion Warrants (the "WARRANT SHARESWarrant Shares") has been declared effective by the Securities and Exchange Commission, and such shares can legally be issued to Buyer, Buyer shall immediately send via wire the remainder of the Purchase Price, provided however, that Buyer shall not be obligated to fund the remainder of the Purchase Price if, on the date that the Registration Statement has been declared effective, the average closing price of the Stock for the prior thirty trading days is ten cents or less.

Purchase Price; Form of Payment. The purchase price for the Debenture to be purchased by Buyer hereunder shall be $300,000 (the "PURCHASE PRICE"). Simultaneously with the execution of this Agreement, Buyer shall pay $150,000 of the Purchase Price (the" the "Initial Purchase Price") by wire transfer of immediately available funds to the Company. Simultaneously with the execution of this Agreement, the Company shall deliver the Convertible Debenture and the Conversion Warrants (which shall have been duly authorized, issued and executed I/N/O Buyer or, if the Company otherwise has been notified, I/N/O Buyer's nominee). Upon notification and verification that the Registration Statement for the Conversion Shares (as defined below) and the shares of Common Stock issuable upon exercise of the Conversion Warrants (the "WARRANT SHARES") has been declared effective by the Securities and Exchange Commission, Buyer shall immediately send via wire the remainder of the Purchase Price, provided however, however that Buyer shall not be obligated to fund the remainder of the Purchase Price if, on the date that the Registration Statement has been declared effective, the average closing price of the Stock for the prior thirty trading days is ten cents $0.10 or less.

Purchase Price; Form of Payment. The purchase price for the Debenture to be purchased by Buyer hereunder shall be $300,000 500,000 (the "PURCHASE PRICEPurchase Price"). Simultaneously with the execution of this Agreement, Buyer shall pay $150,000 250,000 of the Purchase Price (the" Initial Purchase Price") by wire transfer of immediately available funds to the Company. Simultaneously with the execution of this Agreement, the Company shall deliver the Convertible Debenture and the Conversion Warrants (which shall have been duly authorized, issued and executed I/N/O Buyer or, if the Company otherwise has been notified, I/N/O Buyer's nominee). Upon notification and verification that the Registration Statement for the Conversion Shares (as defined below) and the shares of Common Stock issuable upon exercise of the Conversion Warrants (the "WARRANT SHARESWarrant Shares") has been declared effective by the Securities and Exchange Commission, Buyer shall immediately send via wire the remainder of the Purchase Price, provided however, that Buyer shall not be obligated to fund the remainder of the Purchase Price if, on the date that the Registration Statement has been declared effective, the average closing price of the Stock for the prior thirty trading days is ten cents or less.