Common use of Advance Fee Clause in Contracts

Advance Fee. Upon Closing, the Company shall pay Two Thousand Two Hundred Fifty and No/100 United States Dollars (US$2,250) to Auctus Private Equity Management, Inc. (“Auctus Management”), as a fee for services rendered in connection herewith (the “Advance Fee”). The Advance Fee shall be offset against the proceeds of the Note and shall be paid to Auctus Management upon the execution hereof.

Appears in 2 contracts

Sources: Securities Purchase Agreement (SearchCore, Inc.), Securities Purchase Agreement (Rich Pharmaceuticals, Inc.)

Advance Fee. Upon Closing, the Company shall pay Two Three Thousand Two Five Hundred Fifty and No/100 United States Dollars (US$2,2503,500) to Auctus Private Equity Management, Inc. (“Auctus Management”), as a fee for services rendered in connection herewith (the “Advance Fee”). The Advance Fee shall be offset against the proceeds of the Note and shall be paid to Auctus Management upon the execution hereof.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Alkame Holdings, Inc.), Securities Purchase Agreement (Blue Water Global Group, Inc.)

Advance Fee. Upon Closing, the Company shall pay Two Thousand Two Five Hundred Fifty and No/100 United States Dollars (US$2,2502,500) to Auctus Private Equity Management, Inc. (“Auctus Management”), as a fee for services rendered in connection herewith (the “Advance Fee”). The Advance Fee shall be offset against the proceeds purchase price of the Note and shall be paid to Auctus Management upon the execution hereof. The Buyer acknowledges that this is a one-time fee which shall not be imposed in connection with future transactions between the parties.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Coates International LTD \De\), Securities Purchase Agreement (Coates International LTD \De\)

Advance Fee. Upon Closing, the Company shall pay Two Thousand Two Hundred Fifty and No/100 United States Dollars (US$2,2502,000) to Auctus Private Equity Management, Inc. (“Auctus Management”), as a fee for services rendered in connection herewith (the “Advance Fee”). The Advance Fee shall be offset against the proceeds of the Note and shall be paid to Auctus Management upon the execution hereof.

Appears in 1 contract

Sources: Securities Purchase Agreement (POSITIVEID Corp)

Advance Fee. Upon Closing, the Company shall pay Two Thousand Two Hundred Fifty Thousand and No/100 United States Dollars (US$2,250) to Auctus Private Equity Fund Management, Inc. (“Auctus Management”), as a fee for services rendered in connection herewith (the “Advance FeeTransaction Expense Amount”). The Advance Fee Transaction Expense Amount shall be offset against the proceeds of the Note and shall be paid to Auctus Management upon the execution hereof.

Appears in 1 contract

Sources: Securities Purchase Agreement (EMAV Holdings, Inc.)

Advance Fee. Upon Closing, the Company shall pay Two Thousand Two Five Hundred Fifty and No/100 United States Dollars (US$2,2502,500) to Auctus Private Equity Management, Inc. (“Auctus Management”), as a fee for services rendered in connection herewith (the “Advance Fee”). The Advance Fee shall be offset against the proceeds of the Note and shall be paid to Auctus Management upon the execution hereof.

Appears in 1 contract

Sources: Securities Purchase Agreement (Green Automotive Co)

Advance Fee. Upon Closing, the Company shall pay Two Three Thousand Two Five Hundred Fifty and No/100 United States Dollars (US$2,2503,500) to Auctus Private Equity Management, Inc. ("Auctus Management"), as a fee for services rendered in connection herewith (the "Advance Fee"). The Advance Fee shall be offset against the proceeds of the Note and shall be paid to Auctus Management upon the execution hereof.

Appears in 1 contract

Sources: Securities Purchase Agreement (Hangover Joe's Holding Corp)

Advance Fee. Upon Closing, the Company shall pay Two Thousand Two Hundred Fifty and No/100 United States Dollars (US$2,250) to Auctus Private Equity Management, Inc. ("Auctus Management”Management "), as a fee for services rendered in connection herewith (the "Advance Fee"). The Advance Fee shall be offset against the proceeds of the Note and shall be paid to Auctus Management upon the execution hereof.

Appears in 1 contract

Sources: Securities Purchase Agreement (Rich Pharmaceuticals, Inc.)

Advance Fee. Upon Closing, the Company shall pay Two Three Thousand Two Five Hundred Fifty and No/100 United States Dollars (US$2,2503,500) to Auctus Private Equity Fund Management, Inc. (“Auctus Management”), as a fee for services rendered in connection herewith (the “Advance Fee”). The Advance Fee shall be offset against the proceeds of the Note and shall be paid to Auctus Management upon the execution hereof.

Appears in 1 contract

Sources: Securities Purchase Agreement (Blue Water Global Group, Inc.)

Advance Fee. Upon Closing, the Company shall pay Two Thousand Two Hundred Fifty and No/100 United States Dollars (US$2,250) to Auctus Private Equity Fund Management, Inc. ("Auctus Management"), as a fee for services rendered in connection herewith (the "Advance Fee"). The Advance Fee shall be offset against the proceeds of the Note and shall be paid to Auctus Management upon the execution hereof.

Appears in 1 contract

Sources: Securities Purchase Agreement (Wisdom Homes of America, Inc.)

Advance Fee. Upon Closing, the Company shall pay Two Five Thousand Two Hundred Fifty and No/100 United States Dollars (US$2,2505,000) to Auctus Private Equity Management, Inc. (“Auctus Management”), as a fee for services rendered in connection herewith (the “Advance Fee”). The Advance Fee shall be offset against the proceeds purchase price of the Note and shall be paid to Auctus Management upon the execution hereof.

Appears in 1 contract

Sources: Securities Purchase Agreement (Codesmart Holdings, Inc.)

Advance Fee. Upon Closing, the Company shall pay Two Three Thousand Two Five Hundred Fifty and No/100 United States Dollars (US$2,2503,500) to Auctus Private Equity Management, Inc. (“Auctus Management”), as a fee for services rendered in connection herewith (the “Advance Fee”). The Advance Fee shall be offset against the proceeds of the Note and shall be paid to Auctus Management upon the execution hereof.

Appears in 1 contract

Sources: Securities Purchase Agreement (APT Motovox Group, Inc.)

Advance Fee. Upon Closing, the Company shall pay Two One Thousand Two Hundred Fifty and No/100 United States Dollars (US$2,2501,250) to Auctus Private Equity Management, Inc. (“Auctus Management”), as a fee for services rendered in connection herewith (the “Advance Fee”). The Advance Fee shall be offset against the proceeds of the Note and shall be paid to Auctus Management upon the execution hereof.

Appears in 1 contract

Sources: Securities Purchase Agreement (Eco-Tek Group, Inc.)