Common use of Legal, Due Diligence and Documentation Expenses Clause in Contracts

Legal, Due Diligence and Documentation Expenses. Borrower shall pay to Lender concurrently with its execution and delivery of this Agreement Lender's legal, due diligence and documentation expenses in connection with the negotiation and documentation of this Agreement and the Loan Documents, which amount shall not exceed Eight Thousand Dollars ($8,000) without the prior consent of Borrower.

Appears in 2 contracts

Samples: Venture Loan and Security Agreement (Activbiotics Inc), Venture Loan and Security Agreement (Activbiotics Inc)

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Legal, Due Diligence and Documentation Expenses. Borrower shall pay to Lender concurrently with its execution and delivery of this Agreement an amount equal to Lender's actual legal (including in-house legal), due diligence and documentation expenses in connection with the negotiation and documentation of this Agreement and the Loan Documents, which amount provided that Borrower's obligations under this Section 2.6(b) shall not exceed Eight Twelve Thousand Dollars ($8,000) without the prior consent of Borrower12,000).

Appears in 1 contract

Samples: Venture Loan and Security Agreement (Isilon Systems, Inc.)

Legal, Due Diligence and Documentation Expenses. Borrower shall pay to Lender concurrently with its execution and delivery of this Agreement Lender's ’s legal, due diligence and documentation expenses in connection with the negotiation and documentation of this Agreement and the Loan Documents; provided, which amount however, that Borrower shall not be liable for any such expenses which in the aggregate exceed Eight Ten Thousand Dollars ($8,000) without the prior consent of Borrower10,000).

Appears in 1 contract

Samples: Venture Loan and Security Agreement (eXegenics Inc)

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Legal, Due Diligence and Documentation Expenses. Borrower shall pay to Lender concurrently with its execution and delivery of this Agreement up to the amount of Six Thousand Dollars ($6,000) for Lender's legal, due diligence and documentation expenses in connection with the negotiation and documentation of this Agreement and the Loan Documents, which amount shall not exceed Eight Thousand Dollars ($8,000) without the prior consent of Borrower.

Appears in 1 contract

Samples: Venture Loan and Security Agreement (Convio, Inc.)

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