Funding of Costs and Expenses. (a) The Parties agree to pay timely the costs and expenses allocated and charged to them pursuant to Section 5.01 and elsewhere herein.
Funding of Costs and Expenses. The parties agree that all fees, costs and expenses incurred in connection with the RTO (the “RTO Costs”) will be paid by the Company. If the Company is unable to satisfy its payment obligations by reason of insufficient funds, BINEX Inc. may extend to the Company a convertible loan on such terms to be agreed between the said parties (the “Convertible Loan”), with the rights to capitalize and convert such loan into new Shares. The definitive terms of the Convertible Loan shall be set out in a subsequent agreement to be entered into between the said parties. The Company will make the relevant announcements of the Convertible Loan as and when it is entered into, in compliance with its disclosure obligations under the Catalist Rules.
Funding of Costs and Expenses. The parties agreed that all fees, costs and expenses incurred by the parties in connection with the RTO (the “RTO Costs”) will be borne by the Purchaser subject to the following:
