Common use of Purchase Price Payable Clause in Contracts

Purchase Price Payable. In reliance on the representations and warranties of the Seller and the Shareholder, and the performance of the covenants and fulfillment of the conditions set forth in this Agreement, Purchaser will, at the Closing, purchase the Transferred Assets from the Seller, and in respect thereof will, subject to the provisions of this Agreement, pay an aggregate purchase price (“Purchase Price”) to Seller and Shareholder equal to the sum of the amounts set forth in (i) and (ii), below.

Purchase Price Payable. In reliance on the representations and warranties of the Seller and the Shareholder, and the performance of the covenants and fulfillment of the conditions set forth in this Agreement, Purchaser will, shall at the Closing, purchase the Transferred Assets from the Seller, Seller and in respect thereof willshall, subject to the provisions of this Agreement, pay an aggregate purchase price (“Purchase Price”) to Seller and Shareholder equal set forth below. (1) Deliver 500,000 shares of iGambit Inc.’s common voting stock to the sum of the amounts set forth in (i) and (ii), below.seller herein at Closing;