Common use of Expense Allowance Clause in Contracts

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay Xxxxxxxxxx (a) a management fee equal to 1.0% of the gross proceeds raised in each Offering; (b) $35,000 for non-accountable expenses (to be increased to $50,000 in case of a public Offering); (c) up to $50,000 for fees and expenses of legal counsel and other out-of-pocket expenses (to be increased to $100,000 in case of a public Offering); plus the additional amount payable by the Company pursuant to Paragraph D.3 hereunder and, if applicable, the costs associated with the use of a third-party electronic road show service (such as NetRoadshow); provided, however, that such amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Appears in 4 contracts

Samples: Exclusive Agency Agreement (BioSolar Inc), Exclusive Agency Agreement (Coretec Group Inc.), Exclusive Agency Agreement (Cloudcommerce, Inc.)

AutoNDA by SimpleDocs

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay Xxxxxxxxxx Wxxxxxxxxx (a) a management fee equal to 1.0% of the gross proceeds raised in each Offering; (b) $35,000 25,000 for non-accountable expenses (to be increased to $50,000 35,000 in case of a public Offering); (c) up to $50,000 for fees and expenses of legal counsel and other out-of-pocket expenses (to be increased to $100,000 in case of a public Offering); plus the additional amount payable by the Company pursuant to Paragraph D.3 hereunder and, if applicable, the costs associated with the use of a third-party electronic road show service (such as NetRoadshow); provided, however, that such amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Appears in 2 contracts

Samples: Exclusive Agency Agreement (Eyegate Pharmaceuticals Inc), Exclusive Agency Agreement (Eyegate Pharmaceuticals Inc)

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay Xxxxxxxxxx (a) a management fee equal to 1.0% of the gross proceeds raised in each Offering; (b) $35,000 25,000 for non-accountable expenses (to be increased to $50,000 40,000 in case of a public Offering); (c) up to $50,000 40,000 for fees and expenses of legal counsel and other out-out- of-pocket expenses (to be increased to $100,000 in case of a public Offering); plus the additional amount payable by the Company pursuant to Paragraph D.3 hereunder and, if applicable, the costs associated with the use of a third-party electronic road show service (such as NetRoadshow); provided, however, that such amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Appears in 1 contract

Samples: Engagement Agreement (Predictive Oncology Inc.)

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay Xxxxxxxxxx Wainwright (a) a management x xxxxxxxent fee equal to 1.0% of the gross proceeds raised in each Offering; (b) $35,000 for non-accountable expenses (to be increased to $50,000 40,000 in case of a public Offering); (c) up to $50,000 for reasonable and documented fees and expenses of legal counsel and other reasonable and documented out-of-pocket expenses (to be increased to $100,000 in case of a public Offering); plus the additional amount payable by the Company pursuant to Paragraph D.3 hereunder and, if applicable, the costs associated with the use of a third-party electronic road show service (such as NetRoadshow); provided, however, that such amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Appears in 1 contract

Samples: Exclusive Agency Agreement (Oncternal Therapeutics, Inc.)

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay Xxxxxxxxxx (a) a management fee equal to 1.0% of the gross proceeds raised in each Offering; (b) $35,000 for non-accountable expenses (to be increased to $50,000 in case of a public Offering)expenses; (c) up to $50,000 for reasonable and documented fees and expenses of legal counsel and other reasonable and documented out-of-pocket expenses (to be increased to $100,000 in case of a public Offering); plus the additional amount payable by the Company pursuant to Paragraph D.3 hereunder and, if applicable, the costs associated with the use of a third-party electronic road show service (such as NetRoadshow); provided, however, that such amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Appears in 1 contract

Samples: Exclusive Agency Agreement (CYREN Ltd.)

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay Xxxxxxxxxx Wxxxxxxxxx (a) a management fee equal to 1.0% of the gross proceeds raised in each Offering; (b) $35,000 25,000 for non-accountable expenses (to be increased to $50,000 in case of a public Offering); (c) up to $50,000 for fees and expenses of legal counsel and other out-of-pocket expenses (to be increased to $100,000 90,000 in case of a public Offering); plus the additional amount payable by the Company pursuant to Paragraph D.3 hereunder and, if applicable, the costs associated with the use of a third-party electronic road show service (such as NetRoadshow); provided, however, that such amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Appears in 1 contract

Samples: Exclusive Agency Agreement (Cocrystal Pharma, Inc.)

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay Xxxxxxxxxx (a) a management fee equal to 1.0% of the gross proceeds raised in each Offering; (b) $35,000 25,000 for non-accountable expenses (to be increased to $50,000 40,000 in case of a public Offering); (c) up to $50,000 reimbursement for fees and expenses of legal counsel and other out-of-pocket expenses (to be increased to $100,000 in case of a public Offering); plus the additional amount payable by the Company pursuant to Paragraph D.3 hereunder and, if applicable, the costs associated with the use of a third-party electronic road show service (such as NetRoadshow); provided, however, that such amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Appears in 1 contract

Samples: Exclusive Agency Agreement (Ra Medical Systems, Inc.)

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay Xxxxxxxxxx (a) a management fee equal to 1.0% of the gross proceeds raised in each Offering; (b) $35,000 25,000 for non-accountable expenses (to be increased to $50,000 35,000 in case of a public OfferingOffering is contemplated or consummated); and (c) up to $50,000 for fees and expenses of legal counsel and other out-of-pocket expenses (to be increased to $100,000 in case of a public OfferingOffering is contemplated or consummated); plus the additional amount payable by the Company pursuant to Paragraph D.3 hereunder and, if applicable, the costs associated with the use of a third-party electronic road show service (such as NetRoadshow); provided, however, that such amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Appears in 1 contract

Samples: Underwriting Agreement (ASP Isotopes Inc.)

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay Xxxxxxxxxx (a) a management fee equal to 1.0% of the gross proceeds raised in each Offering; (b) $35,000 US$20,000 for non-accountable expenses (to be increased to $US$50,000 in case of a public OfferingOffering is consummated or contemplated); (cb) up to $US$50,000 for fees and expenses of legal counsel and other out-of-pocket expenses (to be increased to $US$100,000 in case of a public OfferingOffering is consummated or contemplated); plus the additional amount payable by the Company pursuant to Paragraph D.3 hereunder and, if applicable, the costs associated with the use of a third-party electronic road show service (such as NetRoadshow); provided, however, that such amount amounts in no way limits limit or impairs impair the indemnification and contribution provisions of this Agreement.

Appears in 1 contract

Samples: Underwriting Agreement (Lexaria Bioscience Corp.)

Expense Allowance. Out of the proceeds of each Closing, the The Company also agrees to pay Xxxxxxxxxx at the Closing of each Offering: (a) a management fee equal to 1.0% of the gross proceeds raised in each Offering; (b) $35,000 25,000 for non-accountable expenses (to be increased to $50,000 in case of a public Offering)expenses; (c) up to $50,000 for fees and expenses of legal counsel and other out-of-pocket expenses (to be increased to $100,000 in case of a public OfferingOffering is contemplated or consummated); plus the additional amount payable by the Company pursuant to Paragraph D.3 D.4 hereunder and, if applicable, the costs associated with the use of a third-party electronic road show service (such as NetRoadshow); provided, however, that such amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Appears in 1 contract

Samples: Underwriting Agreement (Avinger Inc)

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay Xxxxxxxxxx Wxxxxxxxxx (a) a management fee equal to 1.0% of the gross proceeds raised in each Offering; (b) $35,000 for non-accountable expenses (to be increased to $50,000 in case of a public Offering); (c) up to $50,000 for fees and expenses of legal counsel and other out-out- of-pocket expenses (to be increased to $100,000 in case of a public Offering); plus the additional amount payable by the Company pursuant to Paragraph D.3 hereunder and, if applicable, the costs associated with the use of a third-party electronic road show service (such as NetRoadshow); provided, however, that such amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Appears in 1 contract

Samples: Exclusive Agency Agreement (Staffing 360 Solutions, Inc.)

AutoNDA by SimpleDocs

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay Xxxxxxxxxx (a) a management fee equal to 1.0% of the gross proceeds raised in each Offering; (b) $35,000 for non-accountable expenses (to be increased to $50,000 in case of a public OfferingOffering is contemplated or consummated); (c) up to $50,000 for actual out-of-pocket fees and expenses of legal counsel and other out-of-pocket expenses (to be increased to $100,000 90,000 in case of a public OfferingOffering is contemplated or consummated); plus the additional amount payable by the Company pursuant to Paragraph D.3 hereunder and, if applicable, the costs associated with the use of a third-party electronic road show service (such as NetRoadshow); provided, however, that such amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Appears in 1 contract

Samples: Exclusive Agency Agreement (Histogen Inc.)

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay Xxxxxxxxxx (a) a management fee equal to 1.0% of the gross proceeds raised in each Offering; (b) $35,000 for non-accountable expenses (to be increased to $50,000 in case of a public OfferingOffering is contemplated or consummated); (cb) up to $50,000 for fees and expenses of legal counsel and other out-of-pocket expenses (to be increased to $100,000 in case of a public OfferingOffering is contemplated or consummated); plus the additional amount payable by the Company pursuant to Paragraph D.3 hereunder and, if applicable, the costs associated with the use of a third-party electronic road show service (such as NetRoadshow)) not to exceed $5,000; provided, however, that such amount amounts in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Appears in 1 contract

Samples: Underwriting Agreement (Moleculin Biotech, Inc.)

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay Xxxxxxxxxx Wxxxxxxxxx (a) a management fee equal to 1.0% of the gross proceeds raised in each Offering; (b) $35,000 for non-accountable expenses (to be increased to $50,000 in case of a public OfferingOffering is contemplated or consummated); (c) up to $50,000 for fees and expenses of legal counsel and other out-of-pocket expenses (to be increased to $100,000 in case of a public OfferingOffering is contemplated or consummated); plus the additional amount payable by the Company pursuant to Paragraph D.3 hereunder and, if applicable, the costs associated with the use of a third-party electronic road show service (such as NetRoadshow); provided, however, that such amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Appears in 1 contract

Samples: Underwriting Agreement (Agile Therapeutics Inc)

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay Xxxxxxxxxx Wxxxxxxxxx (a) a management fee equal to 1.0% of the gross proceeds raised in each Offering; (b) $35,000 25,000 for non-accountable expenses (to be increased to $50,000 40,000 in case of a public Offering); (c) up to $50,000 25,000 for fees and expenses of legal counsel and other out-of-pocket expenses (to be increased to $100,000 75,000 in case of a public Offering); plus the additional amount payable by the Company pursuant to Paragraph D.3 hereunder and, if applicable, the costs associated with the use of a third-party electronic road show service (such as NetRoadshow); provided, however, that such amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Appears in 1 contract

Samples: Exclusive Agency Agreement (Akers Biosciences, Inc.)

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay Xxxxxxxxxx Waxxxxxxxx (a) a management fee equal to 1.01.75% of the gross proceeds raised in each Offering; (b) $35,000 25,000 for non-accountable expenses (to be increased to $50,000 in case of a public Offering); (c) up to $50,000 for fees and expenses of legal counsel and other out-of-pocket expenses (to be increased to $100,000 in case of a public Offering); plus the additional amount payable by the Company pursuant to Paragraph D.3 hereunder and, if applicable, the costs associated with the use of a third-party electronic road show service (such as NetRoadshow); provided, however, that such amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Appears in 1 contract

Samples: Exclusive Agency Agreement (Intec Parent Inc.)

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay Xxxxxxxxxx Wxxxxxxxxx (a) a management fee equal to 1.0% of the gross proceeds raised in each Offering; (b) $35,000 25,000 for non-accountable expenses (to be increased to $50,000 40,000 in case of a public Offering); (c) up to $50,000 25,000 for fees and expenses of legal counsel and other out-out- of-pocket expenses (to be increased to $100,000 75,000 in case of a public Offering); plus the additional amount payable by the Company pursuant to Paragraph D.3 hereunder and, if applicable, the costs associated with the use of a third-party electronic road show service (such as NetRoadshow); provided, however, that such amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Appears in 1 contract

Samples: Exclusive Agency Agreement (Akers Biosciences, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!