Common use of Fee on Termination of Offering Clause in Contracts

Fee on Termination of Offering. Upon termination of the Offering, except as a result of the Representative’ or any Underwriter’s material breach or default with respect to any of its material obligations as described in this Agreement, the Company shall: (A) reimburse the Representative for, or otherwise pay and bear, the expenses and fees to be paid and borne by the Company as provided for in Section 3.12.1 above, as applicable, and (B) reimburse the Representative for the full amount of their accountable out-of pocket expenses actually incurred to such date (which shall include, but shall not be limited to, all fees and disbursements of the Representative’ counsel, travel, lodging and other “road show” expenses, mailing, printing and reproduction expenses, and any expenses incurred by the Representative in conducting its due diligence), less the $25,000 previously paid to Maxim in reimbursement for such expenses. If applicable, and solely in the event of a termination of this Offering, the Representative shall refund to the Company any portion of the advance previously received by the Representative which is in excess of the accountable out-of-pocket expenses actually incurred to such date by the Representative.

Fee on Termination of Offering. Upon termination of the Offering, except as a result of the RepresentativeRepresentatives’ or any Underwriter’s material breach or default with respect to any of its material obligations as described in this Agreement, the Company shall: (A) reimburse the Representative Representatives for, or otherwise pay and bear, the expenses and fees to be paid and borne by the Company as provided for in Section 3.12.1 above, as applicable, and (B) reimburse the Representative Representatives for the full amount of their accountable out-of pocket expenses actually incurred to such date (which shall include, but shall not be limited to, all fees and disbursements of the RepresentativeRepresentatives’ counsel, travel, lodging and other “road show” expenses, mailing, printing and reproduction expenses, and any expenses incurred by the Representative Representatives in conducting its due diligence), less the $25,000 previously paid to Maxim in reimbursement for such expenses. If applicable, and solely in the event of a termination of this Offering, the Representative Representatives shall refund to the Company any portion of the advance previously received by the Representative Representatives which is in excess of the accountable out-of-pocket expenses actually incurred to such date by the RepresentativeRepresentatives.

Fee on Termination of Offering. Upon termination of the Offering, except as a result of the Representative’ 's or any Underwriter’s 's material breach or default with respect to any of its material obligations as described in this Agreement, the Company shall: (A) reimburse the Representative for, or otherwise pay and bear, the expenses and fees to be paid and borne by the Company as provided for in Section 3.12.1 3.13.1 above, as applicable, and (B) reimburse the Representative for the full amount of their its accountable out-of pocket expenses actually incurred to such date (which shall include, but shall not be limited to, all fees and disbursements of the Representative’ 's counsel, travel, lodging and other “"road show” " expenses, mailing, printing and reproduction expenses, and any expenses incurred by the Representative in conducting its due diligence), less the $25,000 __________ previously paid to Maxim in reimbursement for such expenses. If applicable, and solely in the event of a termination of this Offering, the Representative shall refund to the Company any portion of the advance previously received by the Representative which is in excess of the accountable out-of-pocket expenses actually incurred to such date by the Representative.

Fee on Termination of Offering. Upon termination of the Offering, except as a result of the RepresentativeRepresentatives’ or any Underwriter’s material breach or default with respect to any of its material obligations as described in this Agreement, the Company shall: (A) reimburse the Representative Representatives for, or otherwise pay and bear, the expenses and fees to be paid and borne by the Company as provided for in Section 3.12.1 3.13.1 above, as applicable, and (B) reimburse the Representative Representatives for the full amount of their accountable out-of pocket expenses actually incurred to such date (which shall include, but shall not be limited to, all fees and disbursements of the RepresentativeRepresentatives’ counsel, travel, lodging and other “road show” expenses, mailing, printing and reproduction expenses, and any expenses incurred by the Representative Representatives in conducting its due diligence), less the $25,000 previously paid to Maxim in reimbursement for such expenses. If applicable, and solely in the event of a termination of this Offering, the Representative Representatives shall refund to the Company any portion of the advance previously received by the Representative Representatives which is in excess of the accountable out-of-pocket expenses actually incurred to such date by the RepresentativeRepresentatives.

Fee on Termination of Offering. Upon termination of the Offering, except as a result of the Representative’ 's or any Underwriter’s 's material breach or default with respect to any of its material obligations as described in this Agreement, the Company shall: (A) reimburse the Representative for, or otherwise pay and bear, the expenses and fees to be paid and borne by the Company as provided for in Section 3.12.1 3.13.1 above, as applicable, and (B) reimburse the Representative for the full amount of their its accountable out-of pocket expenses actually incurred to such date (which shall include, but shall not be limited to, all fees and disbursements of the Representative’ 's counsel, travel, lodging and other “"road show” " expenses, mailing, printing and reproduction expenses, and any expenses incurred by the Representative in conducting its due diligence), less the $25,000 75,000 previously paid to Maxim in reimbursement for such expenses. If applicable, and solely in the event of a termination of this Offering, the Representative shall refund to the Company any portion of the advance previously received by the Representative which is in excess of the accountable out-of-pocket expenses actually incurred to such date by the Representative.

Fee on Termination of Offering. Upon termination of the Offering, except as a result of the Representative’ ’s or any Underwriter’s material breach or default with respect to any of its material obligations as described in this Agreement, the Company shall: (A) reimburse the Representative for, or otherwise pay and bear, the expenses and fees to be paid and borne by the Company as provided for in Section 3.12.1 3.13.1 above, as applicable, and (B) reimburse the Representative for the full amount of their its accountable out-of pocket expenses actually incurred to such date (which shall include, but shall not be limited to, all fees and disbursements of the Representative’ ’s counsel, travel, lodging and other “road show” expenses, mailing, printing and reproduction expenses, and any expenses incurred by the Representative in conducting its due diligence), less the $25,000 75,000 previously paid to Maxim in reimbursement for such expenses. If applicable, and solely in the event of a termination of this Offering, the Representative shall refund to the Company any portion of the advance previously received by the Representative which is in excess of the accountable out-of-pocket expenses actually incurred to such date by the Representative.