Agent’s Expenses. 9.1 The Company will pay all of the expenses of the Offering and all the expenses reasonably incurred by the Agent in connection with the Offering and its services provided under this Agreement, whether or not it is completed, including, without limitation, marketing costs, due diligence costs, travel costs, the fees and the reasonable expenses of the legal counsel for the Agent and the reasonable fees and expenses of any experts or third parties engaged by the Agent (following written consent by the Company), expenses incurred in conducting background checks on the existing or proposed directors, officers and promoters of the Company, long distance telephone, courier, photocopying, fax and similar expenses (collectively, the “Expenses”). The Company has paid to the Agent a retainer in the amount of $10,000 in connection with the Agent’s anticipated expenses, including legal expenses. 9.2 Notwithstanding Section 9.1, any single expense which exceeds $5,000, other than fees and disbursements of the Agents’ counsel, must be pre‐approved in writing by the Company to be reimbursable. 9.3 The Company will pay the expenses referred to in Section 9.1 even if the Prospectus or this Agreement are not accepted by the Regulatory Authorities or the transactions contemplated by this Agreement are not completed or this Agreement is terminated, unless the failure of acceptance or completion or the termination is the result of a breach of this Agreement by the Agent. 9.4 The Agent may, from time to time, render accounts for its expenses to the Company for payment on or before the dates set out in the accounts. 9.5 The Company authorizes the Agent to deduct its expenses in connection with the Offering from the gross proceeds of the Offering and any advance payments made by the Company.
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Samples: Agency Agreement, Agency Agreement
Agent’s Expenses. 9.1 The Company will pay all of the expenses of the Offering and all the expenses reasonably incurred by the Agent in connection with the Offering and its services provided under this Agreement, whether or not it is completed, including, without limitation, marketing costs, due diligence costs, travel costs, the fees and the reasonable expenses of the legal counsel for the Agent and the reasonable fees and expenses of any experts or third parties engaged by the Agent (following written consent by the Company), expenses incurred in conducting background checks on the existing or proposed directors, officers and promoters of the Company, long distance telephone, courier, photocopying, fax and similar expenses (collectively, the “Expenses”). The Company has paid to the Agent a retainer in the amount of $10,000 in connection with the Agent’s anticipated expenses, including legal expenses.expenses.
9.2 Notwithstanding Section 9.1, any single expense which exceeds $5,000, other than fees and disbursements of the Agents’ counsel, must be pre‐approved pre-approved in writing by the Company to be reimbursable.
9.3 The Company will pay the expenses referred to in Section 9.1 even if the Prospectus or this Agreement are not accepted by the Regulatory Authorities or the transactions contemplated by this Agreement are not completed or this Agreement is terminated, unless the failure of acceptance or completion or the termination is the result of a breach of this Agreement by the Agent.
9.4 The Agent may, from time to time, render accounts for its expenses to the Company for payment on or before the dates set out in the accounts.
9.5 The Company authorizes the Agent to deduct its expenses in connection with the Offering from the gross proceeds of the Offering and any advance payments made by the Company.
Appears in 1 contract
Samples: Agency Agreement
Agent’s Expenses.
9.1 The Company will pay all of the expenses of the Offering and all the expenses reasonably incurred by the Agent in connection with the Offering and its services provided under this Agreement, whether or not it is completed, including, without limitation, marketing costs, due diligence costs, travel costs, the fees and the reasonable expenses of the legal counsel for the Agent to a maximum of $50,000 (excluding disbursements and taxes) and the reasonable fees and expenses of any experts or third parties engaged by the Agent (following written consent by the Company), expenses incurred in conducting background checks on the existing or proposed directors, officers and promoters of the Company, long distance telephone, courier, photocopying, fax and similar expenses (collectively, collectively the “Expenses”). The Company has paid to the Agent a retainer in the amount of $10,000 in connection with the Agent’s anticipated expenses, including legal expenses.
9.2 Notwithstanding Section 9.1, any single expense which exceeds $5,000, other than fees and disbursements of the Agents’ counsel, must be pre‐approved pre-approved in writing by the Company to be reimbursable.
9.3 The Company will pay the expenses referred to in Section 9.1 even if the Prospectus or this Agreement are not accepted by the Regulatory Authorities or the transactions contemplated by this Agreement are not completed or this Agreement is terminated, unless the failure of acceptance or completion or the termination is the result of a breach of this Agreement by the Agent.
9.4 The Agent may, from time to time, render accounts for its expenses to the Company for payment on or before the dates set out in the accounts.
9.5 The Company authorizes the Agent to deduct its expenses in connection with the Offering from the gross proceeds of the Offering and any advance payments made by the Company, including expenses for which an account has not yet been rendered to the Company.
Appears in 1 contract
Samples: Agency Agreement
Agent’s Expenses. 9.1 The Company will pay all of the expenses of the Offering and all the expenses reasonably incurred by the Agent in connection with the Offering and its services provided under this Agreement, whether or not it is completed, including, without limitation, marketing costs, due diligence costs, travel costs, the fees and the reasonable expenses of the legal counsel for the Agent and the reasonable fees and expenses of any experts or third parties engaged by the Agent (following written consent by the Company), expenses incurred in conducting background checks on the existing or proposed directors, officers and promoters of the Company, long distance telephone, courier, photocopying, fax and similar expenses (collectively, the “Expenses”). The Company has paid to the Agent a retainer in the amount of $10,000 in connection with the Agent’s anticipated expenses, including legal expenses.
9.2 Notwithstanding Section 9.1, any single expense which exceeds $5,000, other than fees and disbursements of the Agents’ counsel, must be pre‐approved pre-approved in writing by the Company to be reimbursable.
9.3 The Company will pay the expenses referred to in Section 9.1 even if the Prospectus or this Agreement are not accepted by the Regulatory Authorities or the transactions contemplated by this Agreement are not completed or this Agreement is terminated, unless the failure of acceptance or completion or the termination is the result of a breach of this Agreement by the Agent.
9.4 The Agent may, from time to time, render accounts for its expenses to the Company for payment on or before the dates set out in the accounts.
9.5 The Company authorizes the Agent to deduct its expenses in connection with the Offering from the gross proceeds of the Offering and any advance payments made by the Company.
Appears in 1 contract
Samples: Agency Agreement