Transaction Expense Amount Clause Example from Business Contracts
This example Transaction Expense Amount clause appears in 2 contracts from 2 companies
Transaction Expense Amount. Upon Closing, the Company shall pay Twenty Five Thousand and 00/100 United States Dollars (US$25,000.00) 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.
PLAYERS NETWORK Contracts
Securities Purchase Agreement, dated as of March 22, 2019, between Players Network, Inc. and Auctus Fund, LLC (Filed With SEC on April 1, 2019)
