Escrow and Settlement. In respect of each Offering, the Company and Xxxxxx shall enter into an escrow agreement with a third party escrow agent, which may also be Xxxxxx’x clearing agent, pursuant to which Xxxxxx’x 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”), Xxxxxx 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 Xxxxxx up to $10,000 for the actual out of pocket cost of such clearing agent settlement and financing, if any.
Appears in 4 contracts
Samples: 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 Xxxxxx shall enter into an escrow agreement with a third party escrow agent, which may also be Xxxxxx’x clearing agent, pursuant to which Xxxxxx’x 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”), Xxxxxx 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 Xxxxxx up to $10,000 for the actual out of pocket cost of such clearing agent settlement and financing, if any.
Appears in 3 contracts
Samples: 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 Xxxxxx shall enter into an escrow agreement with a third party escrow agent, which may also be Xxxxxx’x clearing agent, pursuant to which Xxxxxx’x 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”), Xxxxxx 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 Xxxxxx 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 3 contracts
Samples: 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 Xxxxxx Rxxxxx shall enter into an escrow agreement with a third party escrow agent, which may also be Xxxxxx’x Rxxxxx’x clearing agent, pursuant to which Xxxxxx’x Rxxxxx’x 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”), Xxxxxx Rxxxxx 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 Xxxxxx up to $10,000 Rxxxxx for the actual out of pocket cost of such clearing agent settlement and financing, if any.
Appears in 3 contracts
Samples: 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 Xxxxxx shall enter into an escrow agreement with a third party escrow agent, which may also be Xxxxxx’x clearing agent, pursuant to which Xxxxxx’x 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”), Xxxxxx 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 Xxxxxx up to $10,000 for the actual out of pocket cost of such clearing agent settlement and financing, if any, of $10,000.
Appears in 2 contracts
Samples: Exclusive Agency Agreement (Cytrx Corp), Exclusive Agency Agreement (Cytrx Corp)
Escrow and Settlement. In respect of each Offering, the Company and Xxxxxx shall enter into an escrow agreement with a third party escrow agent, which may also be Xxxxxx’x clearing agent, pursuant to which Xxxxxx’x 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”), Xxxxxx 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 Xxxxxx up to $10,000 for the actual out of pocket cost up to $10,000 of such clearing agent settlement and financing, if any.
Appears in 2 contracts
Samples: Exclusive Agency Agreement (Cancer Genetics, Inc), Exclusive Agency Agreement (Cancer Genetics, Inc)
Escrow and Settlement. In respect of each Offering, the Company and Xxxxxx shall enter into an escrow agreement with a third party escrow agent, which may also be Xxxxxx’x clearing agent, pursuant to which Xxxxxx’x 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”), Xxxxxx 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 Xxxxxx up to $10,000 for the actual out of pocket cost of such clearing agent settlement and financing, if anyin an aggregate amount not to exceed $10,000.
Appears in 2 contracts
Samples: Exclusive Agency Agreement (Rexahn Pharmaceuticals, Inc.), Exclusive Agency Agreement (Rexahn Pharmaceuticals, Inc.)
Escrow and Settlement. In respect of each Offering, the Company and Xxxxxx Rxxxxx shall enter into an escrow agreement with a third party escrow agent, which may also be Xxxxxx’x Rxxxxx’x clearing agent, pursuant to which Xxxxxx’x Rxxxxx’x 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”), Xxxxxx Rxxxxx 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 Xxxxxx up to $10,000 Rxxxxx for the actual out of pocket cost of such clearing agent settlement and financing, if any, in an aggregate amount not to exceed $10,000.
Appears in 2 contracts
Samples: Exclusive Agency Agreement (Hemispherx Biopharma Inc), Exclusive Agency Agreement (Genvec Inc)
Escrow and Settlement. In respect of each Offering, the Company and Xxxxxx shall enter into an escrow agreement with a third party escrow agent, which may also be Xxxxxx’x clearing agent, pursuant to which Xxxxxx’x 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”), Xxxxxx 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 Xxxxxx up to $10,000 for the actual out of pocket cost of such clearing agent settlement and financing, if any, up to $10,000.
Appears in 1 contract
Samples: Exclusive Agency Agreement (Innovus Pharmaceuticals, Inc.)
Escrow and Settlement. In respect of each Offering, the Company and Xxxxxx Rxxxxx shall enter into an escrow agreement with a third party escrow agent, which may also be Xxxxxx’x Rxxxxx’x clearing agent, pursuant to which Xxxxxx’x Rxxxxx’x 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”), Xxxxxx Rxxxxx 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 Xxxxxx up to $10,000 Rxxxxx for the actual out of pocket cost of such clearing agent settlement and financing, if anyany for up to a total of $10,000.
Appears in 1 contract
Escrow and Settlement. In respect of each Offering, the Company and Xxxxxx shall enter into an escrow agreement with a third party escrow agent, which may also be Xxxxxx’x Xxxxxx'x clearing agent, pursuant to which Xxxxxx’x Xxxxxx'x 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”"), Xxxxxx 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 Xxxxxx 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 1 contract
Escrow and Settlement. In respect of each Offering, the Company and Xxxxxx Wxxxxxxxxx shall enter into an escrow agreement with a third party escrow agent, which may also be Xxxxxx’x Wxxxxxxxxx’x clearing agent, pursuant to which Xxxxxx’x Wxxxxxxxxx’x 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”), Xxxxxx Wxxxxxxxxx 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 Xxxxxx pay Wxxxxxxxxx up to $10,000 for the actual out of pocket cost 12,900 of such clearing agent settlement and financing, if any.
Appears in 1 contract
Escrow and Settlement. In respect of each Offering, the Company and Xxxxxx shall enter into an escrow agreement with a third party escrow agent, which may also be Xxxxxx’x clearing agent, pursuant to which Xxxxxx’x 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”), Xxxxxx 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 Xxxxxx up to $10,000 for the actual out of pocket cost of such clearing agent settlement and financing, if anynot to exceed $10,000.
Appears in 1 contract
Escrow and Settlement. In respect of each Offering, the Company and Xxxxxx shall enter into an escrow agreement with a third party escrow agent, which may also be Xxxxxx’x clearing agent, pursuant to which Xxxxxx’x 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”), Xxxxxx 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 Xxxxxx up to $10,000 for the actual out of pocket cost of such clearing agent settlement and financing, if any, in an aggregate amount not to exceed $10,000.
Appears in 1 contract
Samples: Exclusive Agency Agreement (Hemispherx Biopharma Inc)
Escrow and Settlement. In respect of each Offering, the Company and Xxxxxx shall enter into an escrow agreement with a third party escrow agent, which may also be Xxxxxx’x Xxxxxx'x clearing agent, pursuant to which Xxxxxx’x Xxxxxx'x 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”"), Xxxxxx 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 Xxxxxx up to $10,000 for the actual out of pocket cost of such clearing agent settlement and financing, if any.
Appears in 1 contract
Samples: Exclusive Agency Agreement (Oxis International Inc)
Escrow and Settlement. In respect of each Offering, the Company and Xxxxxx Xxxxxxxxxx shall enter into an escrow agreement with a third party escrow agent, which may also be Xxxxxx’x Xxxxxxxxxx’x clearing agent, pursuant to which Xxxxxx’x Xxxxxxxxxx’x 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, Xxxxxx Xxxxxxxxxx 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 Xxxxxx up to $10,000 Xxxxxxxxxx for the actual out of pocket cost of such clearing agent settlement and financing, if any, in an aggregate amount not to exceed $10,000.
Appears in 1 contract
Samples: Exclusive Agency Agreement (Rexahn Pharmaceuticals, Inc.)
Escrow and Settlement. In respect of each Offering, the Company and Xxxxxx Rxxxxx shall enter into an escrow agreement with a third party escrow agent, which may also be Xxxxxx’x Rxxxxx’x clearing agent, pursuant to which Xxxxxx’x Rxxxxx’x 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”), Xxxxxx Rxxxxx 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 Xxxxxx up to $10,000 Rxxxxx for the actual out of pocket cost of such clearing agent settlement and financing, if any.
Appears in 1 contract
Samples: Exclusive Agency Agreement (XTL Biopharmaceuticals LTD)
Escrow and Settlement. In respect of each Offering, the Company and Xxxxxx shall enter into an escrow agreement with a third party escrow agent, which may also be Xxxxxx’x Xxxxxx'x clearing agent, pursuant to which Xxxxxx’x Xxxxxx'x 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”"), Xxxxxx 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 Xxxxxx 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 1 contract
Escrow and Settlement. In respect of each Offering, the Company and Xxxxxx Xxxxxxxxxx shall enter into an escrow agreement with a third party escrow agent, which may also be Xxxxxx’x Xxxxxxxxxx’x clearing agent, pursuant to which Xxxxxx’x Xxxxxxxxxx’x 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”), Xxxxxx Xxxxxxxxxx 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 Xxxxxx up to $10,000 Xxxxxxxxxx for the actual out of pocket cost of such clearing agent settlement and financing, if anyin an aggregate amount not to exceed $10,000.
Appears in 1 contract
Samples: Exclusive Agency Agreement (Rexahn Pharmaceuticals, Inc.)
Escrow and Settlement. In respect of each Offering, the Company and Xxxxxx shall enter into an escrow agreement with a third party escrow agent, which may also be Xxxxxx’x clearing agent, pursuant to which Xxxxxx’x 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”), Xxxxxx 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 Xxxxxx up to $10,000 for the actual out of pocket cost of such clearing agent settlement and financing, if any, provided however that such costs shall not exceed $10,000 per Offering.
Appears in 1 contract
Samples: Exclusive Agency Agreement (Kitov Pharmaceuticals Holdings Ltd.)
Escrow and Settlement. In respect of each Offering, the Company and Xxxxxx Rxxxxx shall enter into an escrow agreement with a third party escrow agent, which may also be Xxxxxx’x Rxxxxx’x clearing agent, pursuant to which Xxxxxx’x Rxxxxx’x 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”), Xxxxxx Rxxxxx 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 Xxxxxx up to $10,000 Rxxxxx for the actual out of pocket cost of such clearing agent settlement and financing, if anynot to exceed $10,000.
Appears in 1 contract