Due Diligence Expenses. Phage agrees to offset the expenses incurred by the Purchasers in conducting their due diligence of Phage and its subsidiary by payment of the sum of twenty five thousand dollars ($25,000) as directed by Mr. Xxxxxx Xxxxxx as agent for the Purchasers.
Appears in 4 contracts
Samples: Securities Purchase Agreement (Phage Therapeutics International Inc), Securities Purchase Agreement (Phage Therapeutics International Inc), Securities Purchase Agreement (Phage Therapeutics International Inc)