Common use of Escrow and Settlement Clause in Contracts

Escrow and Settlement. In respect of each Offering, the Company and ▇▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be ▇▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which ▇▇▇▇▇▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), ▇▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse ▇▇▇▇▇▇▇▇▇▇ for the actual out-of-pocket cost of such clearing agent settlement and financing, if any, which cost shall not exceed $10,000.

Appears in 20 contracts

Sources: Exclusive Agency Agreement (Ability Inc.), Engagement Agreement (Oramed Pharmaceuticals Inc.), Exclusive Agency Agreement (Apricus Biosciences, Inc.)

Escrow and Settlement. In respect of each Offering, the Company and W▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be W▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which W▇▇▇▇▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), W▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse W▇▇▇▇▇▇▇▇▇ for the actual out-of-pocket cost of such clearing agent settlement and financing, if any, which cost shall not exceed $10,000.

Appears in 9 contracts

Sources: Exclusive Agency Agreement (Bio-Path Holdings Inc), Exclusive Agency Agreement (Bio-Path Holdings Inc), Exclusive Agency Agreement (Bio-Path Holdings Inc)

Escrow and Settlement. In respect of each Offering, the Company and ▇▇▇▇▇R▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be ▇▇▇▇▇R▇▇▇▇▇’▇ clearing agent, pursuant to which ▇▇▇▇▇R▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), ▇▇▇▇▇R▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse ▇▇▇▇▇R▇▇▇▇▇ for the actual out-of-pocket cost of such clearing agent settlement and financing, if any, which cost shall not exceed $10,000.

Appears in 8 contracts

Sources: Exclusive Agency Agreement (Cel Sci Corp), Exclusive Agency Agreement (Eyegate Pharmaceuticals Inc), Securities Offering Agreement (Medical Transcription Billing, Corp)

Escrow and Settlement. In respect of each Offering, the Company and ▇▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be ▇▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which ▇▇▇▇▇▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), ▇▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse ▇▇▇▇▇▇▇▇▇up to $10,000 for the actual out-of-out of pocket cost of such clearing agent settlement and financing, if any, which cost shall not exceed $10,000.

Appears in 4 contracts

Sources: Exclusive Agency Agreement (Apricus Biosciences, Inc.), Exclusive Agency Agreement (CytoDyn Inc.), Exclusive Agency Agreement (Evoke Pharma Inc)

Escrow and Settlement. In respect of each Offering, the Company and ▇▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be ▇▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which ▇▇▇▇▇▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), ▇▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse ▇▇▇▇▇▇▇▇▇▇ for the actual out-of-out of pocket cost of such clearing agent settlement and financing, if any, which cost shall not exceed $10,000.

Appears in 4 contracts

Sources: Exclusive Agency Agreement (Capstone Therapeutics Corp.), Exclusive Agency Agreement (China Jo-Jo Drugstores, Inc.), Exclusive Agency Agreement (Can-Fite BioPharma Ltd.)

Escrow and Settlement. In respect of each Offering, the Company and ▇▇▇▇▇R▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be ▇▇▇▇▇R▇▇▇▇▇’▇ clearing agent, pursuant to which ▇▇▇▇▇R▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), ▇▇▇▇▇R▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse ▇▇▇▇▇R▇▇▇▇▇ for the actual out-of-out of pocket cost of such clearing agent settlement and financing, if any, which cost shall not exceed $10,000.

Appears in 3 contracts

Sources: Exclusive Agency Agreement (Amyris, Inc.), Exclusive Agency Agreement (NeuroMetrix, Inc.), Exclusive Agency Agreement (Eyegate Pharmaceuticals Inc)

Escrow and Settlement. In respect of each Offering, the Company and ▇▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be ▇▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which ▇▇▇▇▇▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), ▇▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse ▇▇▇▇▇▇▇▇▇▇ for the actual out-of-pocket cost of such clearing agent settlement and financing, if any, which cost shall not exceed $10,000.

Appears in 3 contracts

Sources: Exclusive Agency Agreement (Medigus Ltd.), Exclusive Agency Agreement (Mateon Therapeutics Inc), Exclusive Agency Agreement (Alphatec Holdings, Inc.)

Escrow and Settlement. In respect of each Offering, the Company and ▇▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be ▇▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which ▇▇▇▇▇▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), ▇▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse ▇▇▇▇▇▇▇▇▇▇ for the actual out-of-out of pocket cost of such clearing agent settlement and financing, if any, which cost shall not exceed $10,000.

Appears in 3 contracts

Sources: Exclusive Agency Agreement (Sysorex Global), Exclusive Agency Agreement (BioPharmX Corp), Exclusive Agency Agreement (Ds Healthcare Group, Inc.)

Escrow and Settlement. In respect of each Offering, the Company and ▇▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be ▇▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which ▇▇▇▇▇▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), ▇▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse ▇▇▇▇▇▇▇▇▇▇ for the actual out-of-out of pocket cost up to $10,000 of such clearing agent settlement and financing, if any, which cost shall not exceed $10,000.

Appears in 2 contracts

Sources: Exclusive Agency Agreement (Cancer Genetics, Inc), Exclusive Agency Agreement (Cancer Genetics, Inc)

Escrow and Settlement. In respect of each an Offering, the Company and W▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be W▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which W▇▇▇▇▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the an Offering is settled in whole or in part via delivery versus payment (“DVP”), W▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse W▇▇▇▇▇▇▇▇▇ for the actual out-of-pocket cost of such clearing agent settlement and financing, if any, which cost shall not exceed $10,000.

Appears in 2 contracts

Sources: Exclusive Agency Agreement (Intellipharmaceutics International Inc.), Exclusive Agency Agreement (Intellipharmaceutics International Inc.)

Escrow and Settlement. In respect of each the Offering, the Company and W▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be W▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which W▇▇▇▇▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”)payment, W▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse W▇▇▇▇▇▇▇▇▇ for the actual out-of-pocket cost of such clearing agent settlement and financing, if any, which cost shall not exceed $10,000.

Appears in 2 contracts

Sources: Exclusive Agency Agreement (Microbot Medical Inc.), Exclusive Agency Agreement (Microbot Medical Inc.)

Escrow and Settlement. In respect of each the Offering, the Company and W▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be W▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which W▇▇▇▇▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), W▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse W▇▇▇▇▇▇▇▇▇ for the actual out-of-pocket cost of such clearing agent settlement and financing, if any, which cost shall not exceed $10,000.

Appears in 2 contracts

Sources: Exclusive Agency Agreement (Intellipharmaceutics International Inc.), Exclusive Agency Agreement (Intellipharmaceutics International Inc.)

Escrow and Settlement. In respect of each Offering, the Company and ▇▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be ▇▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which ▇▇▇▇▇▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), ▇▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse ▇▇▇▇▇▇▇▇▇▇ for the and/or actual out-of-pocket cost of such any clearing agent settlement and financingagent, if any, which cost shall in an amount not to exceed $10,0006,000.

Appears in 2 contracts

Sources: Exclusive Agency Agreement (Rexahn Pharmaceuticals, Inc.), Exclusive Agency Agreement (Rexahn Pharmaceuticals, Inc.)

Escrow and Settlement. In respect of each Offering, the Company and ▇▇▇▇▇R▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be ▇▇▇▇▇R▇▇▇▇▇’▇ clearing agent, pursuant to which ▇▇▇▇▇R▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), ▇▇▇▇▇R▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse ▇▇▇▇▇R▇▇▇▇▇ for the actual out-of-out of pocket cost of such clearing agent settlement and financing, if any, which cost shall in an aggregate amount not to exceed $10,000.

Appears in 2 contracts

Sources: Exclusive Agency Agreement (Hemispherx Biopharma Inc), Exclusive Agency Agreement (Genvec Inc)

Escrow and Settlement. In respect of each Offering, the Company and ▇▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be ▇▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which ▇▇▇▇▇▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), ▇▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse ▇▇▇▇▇▇▇▇▇▇ for the actual out-of-out of pocket cost of such clearing agent settlement and financing, if any, which cost shall not exceed of $10,000.

Appears in 2 contracts

Sources: Exclusive Agency Agreement (Cytrx Corp), Exclusive Agency Agreement (Cytrx Corp)

Escrow and Settlement. In respect of each Offering, the Company and ▇▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be ▇▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which ▇▇▇▇▇▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), ▇▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse ▇▇▇▇▇▇▇▇▇▇ for the actual out-of-out of pocket cost of such clearing agent settlement and financing, if any, which cost provided however that such costs shall not exceed $10,00010,000 per Offering.

Appears in 2 contracts

Sources: Exclusive Agency Agreement (Kitov Pharma Ltd.), Exclusive Agency Agreement (Kitov Pharma Ltd.)

Escrow and Settlement. In respect of each Offering, the Company and ▇▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be ▇▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which ▇▇▇▇▇▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), ▇▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse ▇▇▇▇▇▇▇▇▇▇ for the actual out-of-out of pocket cost of such clearing agent settlement and financing, if any, which cost shall in an aggregate amount not to exceed $10,000.

Appears in 2 contracts

Sources: Exclusive Agency Agreement (Rexahn Pharmaceuticals, Inc.), Exclusive Agency Agreement (Rexahn Pharmaceuticals, Inc.)

Escrow and Settlement. In respect of each Offering, the Company and W▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be W▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which W▇▇▇▇▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), W▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse W▇▇▇▇▇▇▇▇▇ for the actual out-of-out of pocket cost of such clearing agent settlement and financing, if any, which cost shall not exceed $10,000.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Ohr Pharmaceutical Inc)

Escrow and Settlement. In respect of each the Offering, the Company and W▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be W▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which W▇▇▇▇▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), W▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse W▇▇▇▇▇▇▇▇▇ for the actual out-of-out of pocket cost of such clearing agent settlement and financing, if any, which cost shall not exceed $10,000.

Appears in 1 contract

Sources: Exclusive Agency Agreement (CASI Pharmaceuticals, Inc.)

Escrow and Settlement. In respect of each Offering, the Company and ▇▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be ▇▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which ▇▇▇▇▇▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), ▇▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse ▇▇▇▇▇▇▇▇▇▇ for the actual out-of-pocket cost up to $10,000 of such clearing agent settlement and financing, if any, which cost shall not exceed $10,000.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Cancer Genetics, Inc)

Escrow and Settlement. In respect of each Offering, the Company and ▇▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be ▇▇▇▇▇▇▇▇▇▇’'▇ clearing agent, pursuant to which ▇▇▇▇▇▇▇▇▇▇’'▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment ("DVP"), ▇▇▇▇▇▇▇▇▇▇ shall arrange for --- its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse ▇▇▇▇▇▇▇▇▇▇ for the actual out-of-pocket cost of such clearing agent settlement and financing, if any, which cost shall not exceed $10,000.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Cel Sci Corp)

Escrow and Settlement. In respect of each non-underwritten Offering, the Company and ▇▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be ▇▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which ▇▇▇▇▇▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the any Offering is settled in whole or in part via delivery versus payment (“DVP”), ▇▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the such escrow agent and shall reimburse ▇▇▇▇▇▇▇▇▇▇ for the actual out-of-pocket cost of such clearing agent settlement and financing, if any, which cost shall not exceed $10,000.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Citius Pharmaceuticals, Inc.)

Escrow and Settlement. In respect of each Offering, the Company and W▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be W▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which W▇▇▇▇▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), W▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse ▇pay W▇▇▇▇▇▇▇▇▇ for the actual out-of-pocket cost up to $12,900 of such clearing agent settlement and financing, if any, which cost shall not exceed $10,000.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Cancer Genetics, Inc)

Escrow and Settlement. In respect of each Offering, the Company and ▇▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be ▇▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which ▇▇▇▇▇▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), ▇▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse ▇▇▇▇▇▇▇▇▇▇ for the actual out-of-out of pocket cost of such clearing agent settlement and financing, if any, which cost shall in an aggregate amount not to exceed $10,000.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Hemispherx Biopharma Inc)

Escrow and Settlement. In respect of each Offering, the Company and ▇▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be ▇▇▇▇▇▇▇▇▇▇’'▇ clearing agent, pursuant to which ▇▇▇▇▇▇▇▇▇▇’'▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment ("DVP"), ▇▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse ▇▇▇▇▇▇▇▇▇▇ for the actual out-of-out of pocket cost of such clearing agent settlement and financing, if any, which cost shall not exceed $10,000.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Oxis International Inc)

Escrow and Settlement. In respect of each Offering, the Company and ▇▇▇▇▇R▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be ▇▇▇▇▇R▇▇▇▇▇’▇ clearing agent, pursuant to which ▇▇▇▇▇R▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), ▇▇▇▇▇R▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse ▇▇▇▇▇▇▇▇▇▇ for the actual out-of-pocket cost of such clearing agent settlement and financing, if any, which cost shall not exceed up to $10,000.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Biostage, Inc.)

Escrow and Settlement. In respect of each the Offering, the Company and ▇▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be ▇▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which ▇▇▇▇▇▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), ▇▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse ▇▇▇▇▇▇▇▇▇▇ for the actual out-of-out of pocket cost of such clearing agent settlement and financing, if any, which cost shall not exceed $10,000.

Appears in 1 contract

Sources: Exclusive Agency Agreement (DelMar Pharmaceuticals, Inc.)

Escrow and Settlement. In respect of each the Offering, the Company and ▇▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be ▇▇▇▇▇▇▇▇▇▇'▇ clearing agent, pursuant to which ▇▇▇▇▇▇▇▇▇▇'▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment ("DVP"), ▇▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse ▇▇▇▇▇▇▇▇▇▇ for the actual out-of-pocket cost of such clearing agent settlement and financing, if any, which cost shall not exceed $10,000.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Opgen Inc)

Escrow and Settlement. In respect of each an Offering, the Company and W▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be W▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which W▇▇▇▇▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), W▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse W▇▇▇▇▇▇▇▇▇ for the actual out-of-pocket cost of such clearing agent settlement and financing, if any, which cost shall not exceed $10,000.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Stellar Biotechnologies, Inc.)

Escrow and Settlement. In respect of each Offering, the Company and ▇▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be ▇▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which ▇▇▇▇▇▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), ▇▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse ▇▇▇▇▇▇▇▇▇▇ for the actual out-of-out of pocket cost of such clearing agent settlement and financing, if any, which cost shall not to exceed $10,000.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Cel Sci Corp)

Escrow and Settlement. In respect of each the Offering, the Company and ▇▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be ▇▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which ▇▇▇▇▇▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), ▇▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse ▇▇▇▇▇▇▇▇▇▇ for the actual out-of-pocket cost of such clearing agent settlement and financing, if any, which cost shall not exceed $10,000.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Opgen Inc)

Escrow and Settlement. In respect of each Offering, the Company and W▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be W▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which W▇▇▇▇▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), W▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse W▇▇▇▇▇▇▇▇▇ for the actual out-of-pocket cost up to $10,000 of such clearing agent settlement and financing, if any, which cost shall not exceed $10,000.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Cancer Genetics, Inc)

Escrow and Settlement. In respect of each Offering, the Company and ▇▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be ▇▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which ▇▇▇▇▇▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), ▇▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent or the clearing agent, as applicable, and shall reimburse ▇▇▇▇▇▇▇▇▇▇ for the actual out-of-pocket cost of such escrow agent or clearing agent settlement and financing, if anyas applicable, which cost shall not exceed $10,0005,000 with respect to the escrow agent or $10,000 with respect to the clearing agent.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Neuralstem, Inc.)

Escrow and Settlement. In respect of each Offering, the Company and W▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be W▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which W▇▇▇▇▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), W▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse W▇▇▇▇▇▇▇▇▇ for the actual out-of-out of pocket cost of such clearing agent settlement and financing, if any, which cost provided however that such costs shall not exceed $10,00010,000 per Offering.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Kitov Pharmaceuticals Holdings Ltd.)

Escrow and Settlement. In respect of each Offering, the Company and ▇▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be ▇▇▇▇▇▇▇▇▇▇'▇ clearing agent, pursuant to which ▇▇▇▇▇▇▇▇▇▇'▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment ("DVP"), ▇▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse ▇▇▇▇▇▇▇▇▇▇ for the actual out-of-out of pocket cost of such clearing agent settlement and financing, if any, which cost shall not exceed of $10,000.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Cytrx Corp)

Escrow and Settlement. In respect of each Offering, the Company and ▇▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be ▇▇▇▇▇▇▇▇▇▇’'▇ clearing agent, pursuant to which ▇▇▇▇▇▇▇▇▇▇’'▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment ("DVP"), ▇▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse ▇▇▇▇▇▇▇▇▇▇ for the actual out-of-pocket cost of such clearing agent settlement and financing, if any, which cost shall not exceed $10,000.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Aethlon Medical Inc)

Escrow and Settlement. In respect of each Offering other than an underwritten Offering, the Company and W▇▇▇▇▇▇▇▇▇ shall enter into an a mutually-acceptable escrow agreement with a third party escrow agent, which may also be W▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which W▇▇▇▇▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”)payment, W▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent or the clearing agent and shall reimburse W▇▇▇▇▇▇▇▇▇ for the actual out-of-actual, out of pocket cost of such escrow agent or clearing agent settlement and financing, if anyas applicable, which cost shall but not to exceed $10,000.

Appears in 1 contract

Sources: Exclusive Agency Agreement (AmpliPhi Biosciences Corp)

Escrow and Settlement. In respect of each Offering, the Company and ▇▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agentagent reasonably acceptable to Company, which may also be ▇▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which ▇▇▇▇▇▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), ▇▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse ▇▇▇▇▇▇▇▇▇▇ for the actual out-of-pocket cost of such clearing agent settlement and financing, if any, which cost shall not exceed $10,000.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Trovagene, Inc.)

Escrow and Settlement. In respect of each the Offering, the Company and W▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be W▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which W▇▇▇▇▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), W▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse W▇▇▇▇▇▇▇▇▇ for the actual out-of-out of pocket cost of such clearing agent settlement and financing, if any, which cost shall not exceed $10,000.

Appears in 1 contract

Sources: Exclusive Agency Agreement (DelMar Pharmaceuticals, Inc.)

Escrow and Settlement. In respect of each Offering, the Company and W▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be W▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which W▇▇▇▇▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), W▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse W▇▇▇▇▇▇▇▇▇ for the actual out-of-out of pocket cost of such clearing agent settlement and financing, if any, which cost shall not exceed $10,000.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Can-Fite BioPharma Ltd.)

Escrow and Settlement. In respect of each Offering, the Company and ▇▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be ▇▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which ▇▇▇▇▇▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), ▇▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse ▇▇▇▇▇▇▇▇▇▇ for the actual out-of-out of pocket cost of such clearing agent settlement and financing, if any, which cost shall in an aggregate amount not to exceed $10,000.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Rexahn Pharmaceuticals, Inc.)

Escrow and Settlement. In respect of each Offering, the Company and ▇▇▇▇▇R▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be ▇▇▇▇▇R▇▇▇▇▇’▇ clearing agent, pursuant to which ▇▇▇▇▇R▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), ▇▇▇▇▇R▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse ▇▇▇▇▇R▇▇▇▇▇ for the actual out-of-out of pocket cost of such clearing agent settlement and financing, if any, which cost shall not exceed any for up to a total of $10,000.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Spherix Inc)

Escrow and Settlement. In respect of each Offering, the Company and ▇▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be ▇▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which ▇▇▇▇▇▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), ▇▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse ▇▇▇▇▇▇▇▇▇▇ for the actual out-of-pocket cost of such clearing agent settlement and financing, if any, which cost shall not exceed $10,00012,900.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Diffusion Pharmaceuticals Inc.)

Escrow and Settlement. In respect of each Offering, the The Company and ▇▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be ▇▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which the ▇▇▇▇▇▇▇▇▇▇ Cash Fee, the ▇▇compensation Cash Fee and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), ▇▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse ▇▇▇▇▇▇▇▇▇▇ for the actual out-of-out of pocket cost of such clearing agent settlement and financing, if any, which cost shall in an amount not to exceed $10,000.

Appears in 1 contract

Sources: Placement Agent Agreement (Biocept Inc)

Escrow and Settlement. In respect of each the Offering, the Company and ▇▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be ▇▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which ▇▇▇▇▇▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), ▇▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse ▇▇▇▇▇▇▇▇▇▇ for the actual out-of-pocket cost of such clearing agent settlement and financing, if any, which cost shall not exceed up to $10,000.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Biostage, Inc.)

Escrow and Settlement. In respect of each Offering, the Company and ▇▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be ▇▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which ▇▇▇▇▇▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”)payment, ▇▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse ▇▇▇▇▇▇▇▇▇▇ for the actual out-of-out of pocket cost of such clearing agent settlement and financing, if any, which cost shall in an aggregate amount not to exceed $10,000.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Rexahn Pharmaceuticals, Inc.)

Escrow and Settlement. In respect of each Offering, the Company and ▇▇▇▇▇R▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be ▇▇▇▇▇R▇▇▇▇▇’▇ clearing agent, pursuant to which ▇▇▇▇▇R▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), ▇▇▇▇▇R▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse ▇▇▇▇▇R▇▇▇▇▇ for the actual out-of-out of pocket cost of such clearing agent settlement and financing, if any, which cost shall not exceed $10,000.

Appears in 1 contract

Sources: Exclusive Agency Agreement (XTL Biopharmaceuticals LTD)

Escrow and Settlement. In respect of each Offering, the Company and ▇▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be ▇▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which ▇▇▇▇▇▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), ▇▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse ▇▇▇▇▇▇▇▇▇▇ for the actual out-of-out of pocket cost of such clearing agent settlement and financing, if any, which cost provided however that such costs shall not exceed $10,00010,000 per Offering.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Kitov Pharmaceuticals Holdings Ltd.)

Escrow and Settlement. In respect of each Offering, the Company and ▇▇▇▇▇▇▇▇▇▇ shall enter into an a mutually-acceptable escrow agreement with a third party escrow agent, which may also be ▇▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which ▇▇▇▇▇▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), ▇▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse ▇▇▇▇▇▇▇▇▇▇ for up to $10,000 of the actual out-of-out of pocket cost of such clearing agent settlement and financing, if any, which cost shall not exceed $10,000.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Mannkind Corp)

Escrow and Settlement. In respect of each Offering, the Company and ▇▇▇▇▇▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be ▇▇▇▇▇▇▇▇▇▇’▇ clearing agent, pursuant to which ▇▇▇▇▇▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), ▇▇▇▇▇▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse ▇▇▇▇▇▇▇▇▇▇ for the actual out-of-out of pocket cost of such clearing agent settlement and financing, if any, which cost shall not exceed up to $10,000.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Innovus Pharmaceuticals, Inc.)

Escrow and Settlement. In respect of each Offering, the Company and ▇▇▇▇▇R▇▇▇▇▇ shall enter into an escrow agreement with a third party escrow agent, which may also be ▇▇▇▇▇R▇▇▇▇▇’▇ clearing agent, pursuant to which ▇▇▇▇▇R▇▇▇▇▇’▇ compensation and expenses shall be paid from the gross proceeds of the Securities sold. If the Offering is settled in whole or in part via delivery versus payment (“DVP”), ▇▇▇▇▇R▇▇▇▇▇ shall arrange for its clearing agent to provide the funds to facilitate such settlement. The Company shall bear the cost of the escrow agent and shall reimburse ▇▇▇▇▇R▇▇▇▇▇ for the actual out-of-out of pocket cost of such clearing agent settlement and financing, if any, which cost shall not to exceed $10,000.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Cel Sci Corp)