Fees Expenses Clause Example with Variations from Business Contracts

Fees Expenses. a. Commitment Fee. A The Company shall pay to Investments a non-accountable fee (the "Commitment Fee") of (i) Three Thousand Five Thousand Hundred and 00/100 Dollars ($5,000.00) ($3,500.00) on the Signing Closing Date (with respect to the Signing Debenture), shall be withheld from Two Thousand Five Hundred and 00/100 Dollars ($2,500.00) on the purchase price of Second Closing Date (with respect to the Signing Debenture Second Debenture), as well as Two Thousand Five Hundred and 00/100 Dollars... ($2,500.00) on the Third Closing Date (with respect to cover the Buyer's accounting fees, legal fees, Third Debenture), for Investments' expenses and other transactional costs incurred analysis performed in connection with the transactions analysis of the Company and the propriety of the Buyer's making the contemplated by this Agreement. investment. The Commitment Fee shall be paid on the Signing Closing Date respective closing dates if Buyer does not withhold such amounts from the respective purchase price of the Signing Debenture pursuant to Section 12(b). In addition, at 12(c). b. Legal Fees. The Company shall pay the time of Buyer's funding legal fees of the Buyer's counsel (the "Legal Fees") in the amount of Two Thousand Five Hundred and 00/100 Dollars ($2,500.00) on the Signing Debenture, Closing Date (with respect to the Company Signing Debenture), Two Thousand Five Hundred and 00/100 Dollars ($2,500.00) on the Second Closing Date (with respect to the Second Debenture), as well as Two Thousand Five Hundred and 00/100 Dollars ($2,500.00) on the Third Closing Date (with respect to the Third Debenture). The foregoing legal fees shall issue to Investments as a commitment fee, a common stock be paid on the respective closing dates if Buyer does not withhold such amounts from the respective purchase warrant to purchase 50,000 shares of the Company's common stock price pursuant to the terms of the Warrant (the "Warrant"). b. Section 12(c). c. Disbursements. In furtherance of the foregoing, the Company hereby authorizes the Buyer to deduct the cash portion of the Commitment Fee and the Legal Fees from the purchase price of the Signing Debenture Purchase Price and transmit same to the respective payee. View More

Fees Expenses. a. Commitment Fee. A The Company shall pay to Investments a non-accountable fee (the "Commitment Fee") of (i) Three Thousand Five Thousand Hundred and 00/100 Dollars ($5,000.00) on the Signing Closing Date (with respect to the Signing Debenture), shall be withheld from the purchase price ($3,500.00) and (ii) Fifty Thousand (50,000) shares of the Signing Debenture to cover the Buyer's accounting fees, legal fees, Restricted Stock for Investments' expenses and other transactional costs incurred analysis performed in connection with the transactions analysis of the Company and the propriety of the Buyer's making the contemplated by this Agreement. investment. The Commitment Fee shall be paid on the Signing Closing Date if Buyer does not withhold such amounts from the purchase price of the Signing Debenture Purchase Price pursuant to Section 12(b). In addition, at 12(c). b. Legal Fees. The Company shall pay the time of Buyer's funding legal fees of the Buyer's counsel (the "Legal Fees") in the amount of Two Thousand Five Hundred and 00/100 Dollars ($2,500.00). The foregoing legal fees shall be paid on the Signing Debenture, Closing Date if Buyer does not withhold such amounts from the Signing Purchase Price pursuant to Section 12(c). The Company shall issue further agrees to Investments as a commitment fee, a common stock purchase warrant to purchase 50,000 shares pay in full the reasonable legal fees of the Buyer's counsel incurred after the Signing Closing Date incurred in connection with the Transaction Documents (including addressing any purported breach(es) or default(s) by the Company, enforcement of the Company's common stock pursuant to obligations or the terms exercise of the Warrant (the "Warrant"). b. Buyer's remedies thereunder). c. Disbursements. In furtherance of the foregoing, the Company hereby authorizes the Buyer to deduct the cash portion of the Commitment Fee and the Legal Fees from the purchase price of the Signing Debenture Purchase Price and transmit same to the respective payee. View More

Fees Expenses. a. Commitment Fee. A The Company shall pay to Investments a non-accountable fee (the "Commitment Fee") of (i) Five Thousand and 00/100 Dollars ($5,000.00) on the Signing Closing Date (with respect to the Signing Debenture), shall be withheld from as well as Two Thousand Five Hundred and 00/100 Dollars ($2,500.00) on the purchase price of Second Closing Date (with respect to the Signing Debenture to cover the Buyer's accounting fees, legal fees, Second Debenture), for Investments' expenses and ... class="diff-color-red">other transactional costs incurred analysis performed in connection with the transactions analysis of the Company and the propriety of the Buyer's making the contemplated by this Agreement. investment. The Commitment Fee shall be paid on the Signing Closing Date respective closing dates if Buyer does not withhold such amounts from the respective purchase price of the Signing Debenture pursuant to Section 12(b). In addition, at 12(c). 18 b. Legal Fees. The Company shall pay the time of Buyer's funding legal fees of the Buyer's counsel (the "Legal Fees") in the amount of Three Thousand Five Hundred and 00/100 Dollars ($3,500.00) on the Signing Debenture, Closing Date (with respect to the Signing Debenture), as well as Two Thousand Five Hundred and 00/100 Dollars ($2,500.00) on the Second Closing Date (with respect to the Second Debenture). The foregoing legal fees shall be paid on the respective closing dates if Buyer does not withhold such amounts from the respective purchase price pursuant to Section 12(c). The Company shall issue further agrees to Investments as a commitment fee, a common stock purchase warrant to purchase 50,000 shares pay in full the reasonable legal fees of the Buyer's counsel incurred after the Signing Closing Date incurred in connection with the Transaction Documents (including addressing any purported breach(es) or default(s) by the Company, enforcement of the Company's common stock pursuant to obligations or the terms exercise of the Warrant (the "Warrant"). b. Buyer's remedies thereunder). c. Disbursements. In furtherance of the foregoing, the Company hereby authorizes the Buyer to deduct the cash portion of the Commitment Fee and the Legal Fees from the purchase price of the Signing Debenture Purchase Price and transmit same to the respective payee. View More

Found in CIPHERLOC Corp contract

Fees Expenses. a. Commitment Fee. A The Company shall pay to Investments a non-accountable fee (the "Commitment Fee") of (i) Five Thousand and 00/100 Dollars ($5,000.00) on the Signing Closing Date (with respect to the Signing Debenture), shall be withheld from Five Thousand and 00/100 Dollars ($5,000.00) on the purchase price of Second Closing Date (with respect to the Signing Debenture Second Debenture), as well as Five Thousand and 00/100 Dollars ($5,000.00) on the Third Closing Date (with respect to cover... the Buyer's accounting fees, legal fees, Third Debenture), for Investments' expenses and other transactional costs incurred analysis performed in connection with the transactions analysis of the Company and the propriety of the Buyer's making the contemplated by this Agreement. investment. The Commitment Fee shall be paid on the Signing Closing Date respective closing dates if Buyer does not withhold such amounts from the respective purchase price of the Signing Debenture pursuant to Section 12(b). 12(c). In addition, at the time of Buyer's funding of the Signing each Debenture, the Company shall issue to Investments as a commitment fee, a common stock purchase warrant to purchase 50,000 200,000 shares of the Company's common stock pursuant to the terms of the Warrant (the (all common stock purchase warrants issuable hereunder, including now and in the future, shall be referred to, in the aggregate, as the "Warrant"). b. Disbursements. In furtherance of the foregoing, the Company hereby authorizes the Buyer to deduct the cash portion of the Commitment Fee from the purchase price of the Signing Debenture Purchase Price and transmit same to the respective payee. View More

Fees Expenses. a. Commitment Fee. A non-accountable fee (the "Commitment Fee") of (i) Five Thousand and 00/100 Dollars ($5,000.00) on the Signing Closing Date (with respect to the Signing Debenture), Five Thousand and 00/100 Dollars ($5,000.00) on the Second Closing Date (with respect to the Second Debenture), as well as Five Thousand and 00/100 Dollars ($5,000.00) on the Third Closing Date (with respect to the Third Debenture), shall be withheld from the purchase price of the Signing Debenture respective... debenture to cover the Buyer's accounting fees, legal fees, and other transactional costs incurred in connection with the transactions contemplated by this Agreement. The Commitment Fee shall be paid on the Signing Closing Date respective closing dates if Buyer does not withhold such amounts from the respective purchase price of the Signing Debenture pursuant to Section 12(b). In addition, at the time of Buyer's funding of the Signing each Debenture, the Company shall issue to Investments as a commitment fee, a common stock purchase warrant to purchase 50,000 shares of the Company's common stock pursuant to the terms of the Warrant (the (all common stock purchase warrants issuable hereunder, including now and in the future, shall be referred to, in the aggregate, as the "Warrant"). The Form of the Warrant issuable upon the Signing Closing is attached hereto as Exhibit E and the Form of the Warrant issuable upon the Second and Third Closing is attached hereto as Exhibit F. b. Disbursements. In furtherance of the foregoing, the Company hereby authorizes the Buyer to deduct the cash portion of the Commitment Fee from the purchase price of the Signing Debenture Purchase Price and transmit same to the respective payee. View More

Fees Expenses. a. Commitment Fee. A non-accountable fee (the "Commitment Fee") of Five Thousand and 00/100 Dollars ($5,000.00) on the Signing Closing Date (with respect to the Signing Debenture), Date, shall be withheld from the purchase price of the Signing Debenture respective debenture to cover the Buyer's accounting fees, legal fees, and other transactional costs incurred in connection with the transactions contemplated by this Agreement. The Commitment Fee shall be paid on the Signing Closing Date respective closing dates if Buyer does not withhold such amounts from the respective purchase price of the Signing Debenture pursuant to Section 12(b). In addition, at the time of Buyer's funding of the Signing Debenture, Closing Date, the Company shall issue to Investments the Buyer as a commitment fee, a common stock purchase warrant to purchase 50,000 500,000 shares of the Company's common stock pursuant to the terms of the Warrant (the "Warrant"). "Commitment Shares"). 25 b. Disbursements. In furtherance of the foregoing, the Company hereby authorizes the Buyer to deduct the cash portion of the Commitment Fee from the purchase price of the Signing Debenture and transmit same to the respective payee. Debenture. View More

Fees Expenses. a. Commitment Fee. A non-accountable fee (the "Commitment Fee") of Five Thousand and 00/100 Dollars ($5,000.00) on the Signing Closing Date (with respect to the Signing Debenture), shall be withheld from the purchase price of the Signing Debenture Purchase Price to cover the Buyer's accounting fees, legal fees, and other transactional costs incurred in connection with the transactions contemplated by this Agreement. In addition, the Company shall issue 350,000 shares of Restricted Stock (the... "Commitment Shares") to Investments as a commitment fee on the Signing Closing Date. The Commitment Shares shall be earned in full as of the Signing Closing Date. The cash portion of the Commitment Fee shall be paid on the Signing Closing Date if Buyer does not withhold such amounts amount from the purchase price of the Signing Debenture Purchase Price pursuant to Section 12(b). In addition, at the time of Buyer's funding of the Signing Debenture, the Company shall issue to Investments as a commitment fee, a common stock purchase warrant to purchase 50,000 shares of the Company's common stock pursuant to the terms of the Warrant (the "Warrant"). b. Disbursements. In furtherance of the foregoing, the Company hereby authorizes the Buyer to deduct the cash portion of the Commitment Fee from the purchase price of the Signing Debenture Purchase Price and transmit same to the respective payee. View More

Fees Expenses. a. Commitment Fee. A non-accountable fee (the "Commitment Fee") of (i) Five Thousand and 00/100 Dollars ($5,000.00) on the Signing Closing Date (with respect to the Signing Debenture) as well as Five Thousand and 00/100 Dollars ($5,000.00) on the Second Closing Date (with respect to the Second Debenture), shall be withheld from the purchase price of the Signing Debenture respective debenture to cover the Buyer's accounting fees, legal fees, and other transactional costs incurred in connection... with the transactions contemplated by this Agreement. The Commitment Fee shall be paid on the Signing Closing Date respective closing dates if Buyer does not withhold such amounts from the respective purchase price of the Signing Debenture pursuant to Section 12(b). In addition, at the time of Buyer's funding of the Signing each Debenture, the Company shall issue to Investments as a commitment fee, a common stock purchase warrant to purchase 50,000 10,000 shares of the Company's common stock pursuant to the terms of the Warrant (the (all common stock purchase warrants issuable hereunder, including now and in the future, shall be referred to, in the aggregate, as the "Warrant"). b. Disbursements. In furtherance of the foregoing, the Company hereby authorizes the Buyer to deduct the cash portion of the Commitment Fee from the purchase price of the Signing each Debenture and transmit same to the respective payee. View More