Common use of Due Diligence Fee Clause in Contracts

Due Diligence Fee. The Company will pay a due diligence fee (“Due Diligence Fee”) to the lead investor or its designees (each a “Due Diligence Fee Recipient”) as described on Schedule 8(b). The aggregate Due Diligence Fee shall be equal to eight percent (8%) of the Purchase Price and Warrants (“Due Diligence Warrants”) as more fully described on Schedule 8(b) hereto. The cash portion of the Due Diligence Fee will be payable on each Closing Date out of funds held pursuant to the Escrow Agreement.

Appears in 4 contracts

Samples: Subscription Agreement (Attitude Drinks Inc.), Subscription Agreement (Attitude Drinks Inc.), Subscription Agreement (Attitude Drinks Inc.)

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Due Diligence Fee. The Company will pay a due diligence fee (“Due Diligence Fee”) to the lead investor or its designees (each a “Due Diligence Fee Recipient”) as described on Schedule 8(b). The aggregate Due Diligence Fee shall be equal to eight five percent (85%) of the Purchase Price and Warrants (“Due Diligence Warrants”) as more fully described on Schedule 8(b) heretoPrice. The cash portion of the Due Diligence Fee will be payable on each the Closing Date out of funds held pursuant to the Escrow Agreement.

Appears in 3 contracts

Samples: Subscription Agreement (Attitude Drinks Inc.), Subscription Agreement (Attitude Drinks Inc.), Subscription Agreement (Attitude Drinks Inc.)

Due Diligence Fee. The Company will pay a due diligence fee (“Due Diligence Fee”) to the lead investor or its designees (each a “Due Diligence Fee Recipient”) as described on Schedule 8(b). The aggregate Due Diligence Fee shall be equal to eight ten percent (810%) of the Purchase Price and Warrants (“Due Diligence Warrants”) as more fully described on Schedule 8(b) heretoPrice. The cash portion of the Due Diligence Fee will be payable on each Closing Date out in the form of funds held pursuant a Note substantially similar to the Escrow AgreementNotes issued to Subscribers.

Appears in 3 contracts

Samples: Subscription Agreement (Attitude Drinks Inc.), Subscription Agreement (Attitude Drinks Inc.), Subscription Agreement (Attitude Drinks Inc.)

Due Diligence Fee. The Company will pay a due diligence fee (Due Diligence Fee”) to the lead investor or its designees (each a Due Diligence Fee Recipient”) as described on Schedule 8(b)) . The aggregate Due Diligence Fee shall be equal to eight five percent (85%) of the Purchase Price and Warrants (“Due Diligence Warrants”) as more fully described on Schedule 8(b) heretoPrice. The cash portion of the Due Diligence Fee will be payable on each the Closing Date out of funds held pursuant to the Escrow Agreement.

Appears in 1 contract

Samples: Subscription Agreement (Attitude Drinks Inc.)

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Due Diligence Fee. The Company will pay a due diligence fee (“Due Diligence Fee”) to the lead investor or its designees (each a “Due Diligence Fee Recipient”) as described on Schedule 8(b). The aggregate Due Diligence Fee shall be equal to eight five percent (85%) of the Purchase Price and Warrants (“Due Diligence Warrants”) as more fully described on Schedule 8(b) hereto. The cash portion of the Due Diligence Fee will be payable on each Closing Date out of funds held pursuant to the Escrow Agreement.

Appears in 1 contract

Samples: Subscription Agreement (Pay88)

Due Diligence Fee. The Company will pay a due diligence fee (Due Diligence Fee”) to the lead investor or its designees (each a Due Diligence Fee Recipient”) as described on Schedule 8(b)) . The aggregate Due Diligence Fee shall be equal to eight percent (8%) of the Purchase Price and Warrants (Due Diligence Warrants”) as more fully described on Schedule 8(b) hereto. The cash portion of the Due Diligence Fee will be payable on each Closing Date out of funds held pursuant to the Escrow Agreement.

Appears in 1 contract

Samples: Subscription Agreement (Attitude Drinks Inc.)

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