Common use of Advance on Expenses Clause in Contracts

Advance on Expenses. An initial upfront $10,000 cash advance payment, covering expenses anticipated to be incurred by Placement Agent including due diligence expenses, technology platform setup costs and other support necessary prior to qualification of the Offering. Advance is payable by wire transfer to the bank account designated by Placement Agent below upon the signing of this Agreement. Advance is refundable to the extent not used, incurred or provided to Issuer.

Appears in 4 contracts

Samples: Placement Agent Agreement (Zephyr Group, Inc.), Placement Agent Agreement (VictoryBase Corp), Placement Agent Agreement (VictoryBase Corp)

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Advance on Expenses. An initial upfront $10,000 cash advance payment, covering expenses anticipated to be incurred by Placement Agent including due diligence expenses, technology platform setup costs and other support necessary prior to qualification of the Offering. Advance is payable by wire transfer or ACH to the bank account designated by Placement Agent below upon the signing of this Agreement. Advance is refundable to the extent not used, incurred or provided to Issuer.

Appears in 4 contracts

Samples: Placement Agent Agreement (Pf Royalty I LLC), Placement Agent Agreement (Radar USA Inc.), Placement Agent Agreement (LODE Payments International LLC)

Advance on Expenses. An initial upfront $10,000 20,000 cash advance payment, covering expenses anticipated to be incurred by Placement Agent including due diligence expenses, technology platform setup costs and other support necessary prior to qualification of the Offering. Advance is payable by wire transfer or ACH to the bank account designated by Placement Agent below upon the signing of this Agreement. Advance is refundable to the extent not used, incurred or provided to Issuer.

Appears in 3 contracts

Samples: Placement Agent Agreement (RAD Diversified REIT, Inc.), Placement Agent Agreement (RAD Diversified REIT, Inc.), Placement Agent Agreement (RAD Diversified REIT, Inc.)

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Advance on Expenses. An initial upfront $10,000 cash advance payment, covering expenses anticipated to be incurred by Placement Agent including due diligence expenses, technology platform setup costs and other support necessary prior to qualification of the Offering. Advance is payable by wire transfer to the bank account designated by Placement Agent below upon the signing within three (3) days of execution of this Agreement. Advance is refundable to the extent not used, incurred or provided to Issuer.

Appears in 1 contract

Samples: Placement Agent Agreement (Enviro.Farm Systems Inc)

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