Common use of Payment by Purchaser Clause in Contracts

Payment by Purchaser. Upon the terms and subject to the conditions contained herein and in payment for the aforesaid sale and transfer of the Purchased Stock by the Company to Purchaser, Purchaser shall deliver or cause to be delivered at the Closing to the Company, by wire transfer or other means reasonably acceptable to the Company, an aggregate sum in cash equal to $14.50 per share, or $16,675,000 (the “Purchase Price Amount”).

Payment by Purchaser. Upon the terms and subject to the conditions contained herein and in payment for the aforesaid sale and transfer of the Purchased Stock by the Company Sellers to Purchaser, Purchaser shall deliver or cause to be delivered at the Closing to the CompanySellers, by wire transfer or other means reasonably acceptable to the Companyeach Seller, an aggregate sum in cash equal to $14.50 per share, or $16,675,000 9,961,500 (the “Purchase Price Amount”), in the individual amounts and to each Seller as set forth in Exhibit A attached hereto.