Non-Accountable Expense Allowance. The Company further agrees that, in addition to the expenses payable pursuant to Section 3.8.1, on the Closing Date, it shall pay to the Representative, by deduction from the net proceeds of the Offering contemplated herein, a non-accountable expense allowance equal to one percent (1.0%) of the gross proceeds received by the Company from the sale of the Shares.
Non-Accountable Expense Allowance. The Company agrees that upon the closing of the Offering it will pay to the Representative a non-accountable expense allowance (the “Non-accountable Expense Allowance”) equal to one percent (1%) of the gross proceeds to be receive by the Company on the Closing Date.
Non-Accountable Expense Allowance. The Underwriters shall be entitled to receive a non-accountable expense allowance equal to 1% of the gross proceeds from the sale of the Offered Securities on a Closing Date, which will be paid to and allocated by the Representative among the Underwriters.
Non-Accountable Expense Allowance. The Company hereby agrees to pay the Underwriter a non-accountable expense allowance computed at the rate of one and one-half (1.5%) percent of the gross proceeds of the Securities sold in the offering.
Non-Accountable Expense Allowance. The Corporation shall provide to Employee an annual Two Hundred Thousand Dollar ($200,000) non-accountable expense allowance (the “Non-Accountable Expense Allowance”), which amount will be payable in equal monthly installments. The Corporation shall not be required to pay, and Employee shall not be entitled to demand, the Non-Accountable Expense Allowance for any month that Employee is not actively engaged in the duties of Creative and Design Chief.
Non-Accountable Expense Allowance. In addition to the Company's responsibility for payment of the foregoing expenses, the Company shall pay to the Underwriter a non-accountable expense allowance equal to three percent (3%) of the gross proceeds of the Public Offering, including in such amount the proceeds from any sale of Option Units. The non-accountable expense allowance due shall be paid at the Closing Date and any Option Closing Date, as applicable, and shall include fees and disbursements of Underwriter's counsel (exclusive of legal fees for state registration and qualification as provided in Paragraph 4(c) of this Agreement), but shall not include fees of the Company's counsel, state registration filing fees, NASD filing fees, Nasdaq listing fees, printing and mailing to members of the underwriting or selling group, and any and all other expenses customarily paid by the issuer in a public offering of securities. You hereby acknowledge your prior receipt from the Company of $10,000, which amount shall be applied to the non-accountable expense allowance due when and if the Public Offering is closed. If the Public Offering does not close, then any portion of such amount in excess of your accountable reimbursable expenses shall be returned promptly by you to the Company.
Non-Accountable Expense Allowance. The Company agrees that on the Closing Date it will pay to the Representatives a non-accountable expense allowance equal to $100,000.
Non-Accountable Expense Allowance. 8.1 Subject to Section 11, and in addition to the Fees described in Section 7, the Company will reimburse the Managing Broker-Dealer and Selling Group Members for their expenses, on a non-accountable basis, based upon the principal amount of a sold Debenture, in amounts not to exceed the following table: Six-Month Debenture 0.50% One-Year Debenture 1.00% Two-Year Debenture 1.00% Three-Year Debenture 1.00% Four-Year Debenture 1.00% Five-Year Debenture 1.00% Seven-Year Debenture 1.00%
8.2 The expenses reimbursable under this Section 8 are referred to as “Non-Accountable Expenses.” Non-Accountable Expenses shall be payable in the same manner and on the same terms as Fees are payable under Section 7.
Non-Accountable Expense Allowance. The Company agrees that, in addition to the expenses payable pursuant to Section 4(a) hereof, at the Closing Time, it will pay to the Representative a non-accountable expense allowance equal to 0.75% of the gross proceeds received by the Company from the sale of the Initial Units, by deduction from the proceeds of the offering of the Initial Units contemplated herein. Such payment shall be reflected as a reduction in the purchase price per Initial Unit pursuant to Section 2(a) hereof.
Non-Accountable Expense Allowance. The Company shall pay to the Underwriters or their respective designees a non-accountable expense allowance of one percent (1%) of the gross proceeds of the Offering.
