Transaction Expense Amount Clause Example from Business Contracts

This example Transaction Expense Amount clause appears in 4 contracts from 1 company

Transaction Expense Amount. Upon Closing, the Company shall pay Twenty Seven Thousand Five Hundred and 00/100 United States Dollars (US$27,500.00) to Auctus Fund Management, LLC ("Auctus Management") to cover the Holder's due diligence, monitoring, and other transaction costs incurred for services rendered in connection herewith (the "Transaction Expense Amount"). The Transaction Expense Amount shall be offset against the proceeds of the Note and shall be paid to Auctus Management upon the execution hereof.
Found in Incumaker, Inc. contract
Incumaker, Inc. Contracts

Convertible Note Purchase Agreement dated April 9, 2019, between Auctus Fund, LLC and uBid Holdings, Inc (Filed With SEC on June 13, 2019)

Securities Purchase Agreement dated July 22, 2019 between uBid Holdings, Inc. and Auctus Fund, LLC (Filed With SEC on August 6, 2019)

Securities Purchase Agreement dated July 22, 2019 between uBid Holdings, Inc. and Auctus Fund, LLC (Filed With SEC on August 6, 2019)

Convertible Note Purchase Agreement dated April 9, 2019, between Auctus Fund, LLC and uBid Holdings, Inc (Filed With SEC on September 5, 2019)