Common use of Company’s Costs Clause in Contracts

Company’s Costs. The Company shall pay all fees, charges, expenses and disbursements relating to the Private Placement, as incurred, including, without limitation, all fees, charges, expenses and disbursements in connection with (a) the preparation, printing, filing, distribution and mailing of the Memorandum and any supplement and amendment thereto and all other documents relating to the Private Placement and the purchase, sale and delivery of the Units, including the cost of all copies thereof and the cost of counsel to the Placement Agent in the amount of $35,000 payable $15,000 upon the signing of this Agreement and $20,000 upon the initial closing of the Private Placement; (b) the issuance, sale, transfer and delivery of the Units, including any transfer or other taxes payable thereon; (c) the registration or qualification of the Units for offer and sale under the securities laws of such states and other jurisdictions as Xxxxxxx may designate (including, without limitation, all filing and registration fees and the reasonable "blue sky" fees and disbursements of Xxxxxxx'x counsel); and (d) printing, mailing, travel and lodging expenses and other out-of-pocket expenses incurred by Xxxxxxx in connection with this Private Placement not to exceed $35,000, in the aggregate, with respect to expenses under this subsection (d) in addition to the $35,000 Expense Allowance specified below.

Appears in 1 contract

Samples: Private Placement Agreement (Path 1 Network Technologies Inc)

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