Common use of Advance Fee Clause in Contracts

Advance Fee. On each Advance Settlement Date, the Company shall pay to the Investor the Advance Fee with respect to each Advance made hereunder, which Advance Fee shall be deducted by Investor out of the gross proceeds of each Advance.

Appears in 13 contracts

Samples: Equity Facility Agreement, Committed Equity Facility Agreement (Growlife, Inc.), Committed Equity Facility Agreement (Millennium Healthcare Inc.)

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Advance Fee. On each Advance Settlement Date, the The Company shall pay to the Investor or its designee directly from the Advance Fee with respect to each Advance made hereunder, which Advance Fee shall be deducted by Investor out of the gross proceeds of each Advance, an advance fee in the amount of 4% of the amount of such Advance (the “Advance fee”). The Company shall pay each Advance Fee by authorizing the Investor to deduct it from any Advance payment.

Appears in 1 contract

Samples: Reverse Equity Pricing Agreement (BiondVax Pharmaceuticals Ltd.)

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