Expenses of the Representative. The Company further agrees that, in addition to the expenses payable pursuant to Section 4.5(a), on the Closing Date, the Company will (i) reimburse the Representative for its reasonable legal and other out-of-pocket expenses of the Offering in an amount of up to an aggregate of $100,000 (which shall include any expenses under Section 4.5(a)(xi) and (xii)), (ii) reimburse the Representative for its clearing expenses in an amount of up to $10,000, (iii) reimburse the Representative for its non-accountable expenses in an amount of up to $50,000, and (iv) pay the Representative a management fee of 1% of the gross proceeds of the Offering, by deduction from the proceeds of the Offering contemplated herein.
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Samples: Underwriting Agreement (Aethlon Medical Inc), Underwriting Agreement (Aethlon Medical Inc)
Expenses of the Representative. The Company further agrees that, except as may otherwise be agreed in writing, in addition to the expenses payable pursuant to Section 4.5(a4.6(a), on the Closing Date, the Company will (i) reimburse the Representative for its reasonable legal and other documented out-of-pocket expenses of the Offering in an amount of up to an aggregate of $100,000 (which shall include any expenses under Section 4.5(a)(xi) and (xii))40,000, (ii) reimburse the Representative for its clearing expenses in an the amount of up to $10,000, (iii) reimburse pay the Representative for its non-accountable expenses in an the amount of up to $50,00010,000, and (iv) pay the Representative a management fee of 1% of the gross proceeds of the Offering, by deduction from the proceeds of the Offering contemplated herein.
Appears in 1 contract
Samples: Underwriting Agreement (Superconductor Technologies Inc)
Expenses of the Representative. The Company further agrees that, in addition to the expenses payable pursuant to Section 4.5(a), on the Closing Date, the Company that it will (i) pay to the Representative a non-accountable expense allowance of $50,000, and (ii) reimburse the Representative for its reasonable legal and other out-of-pocket expenses of the Offering pursuant to Section 4.6(a) in an amount of up to an aggregate maximum amount of $100,000 50,000 (which shall include include, without limitation, any expenses under Section 4.5(a)(xi(m) and (xii)n) in Section 4.6(a) herein), (ii) reimburse the Representative for its clearing expenses in an amount all of up to $10,000, (iii) reimburse the Representative for its non-accountable expenses in an amount of up to $50,000, and (iv) pay the Representative a management fee of 1% of the gross proceeds of the Offering, which shall be paid by deduction from the proceeds of the Offering contemplated herein.
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Samples: Underwriting Agreement (Applied Genetic Technologies Corp)
Expenses of the Representative. The Company further agrees that, in addition to the expenses payable pursuant to Section 4.5(a), on the Closing Date, the Company will (i) reimburse the Representative for its reasonable legal and other out-of-pocket expenses of the Offering in an amount of up to an aggregate of $100,000 (which shall include any expenses under Section 4.5(a)(xiclause (l) and (xiim) under Section 4.5(a)), (ii) reimburse the Representative for its clearing expenses in an amount of up to $10,000, and (iii) reimburse the Representative for its non-accountable expenses in an amount of up to $50,000, and (iv) pay the Representative a management fee of 1% of the gross proceeds of the Offering25,000, by deduction from the proceeds of the Offering contemplated herein.
Appears in 1 contract