Common use of Offering Expenses Clause in Contracts

Offering Expenses. (i) The Company agrees to pay NCPS an accountable due diligence fee of $10,000 (ii) The Company agrees that any reimbursements owed to NCPS may be deducted from the offering proceeds at closing. However, the Company’s obligation to pay or reimburse NCPS for the Offering expenses included on the final statement of expenses is not conditional upon a successful closing.

Appears in 18 contracts

Samples: Solicitation Agreement (Los Angeles Drive, Inc.), Solicitation Agreement (Florida Mangos Wild, Inc.), Solicitation Agreement (Chicago Hogmollies, Inc.)

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Offering Expenses. (i) The Company agrees to pay NCPS an a non-accountable due diligence fee of $10,000 (ii) The Company agrees that any reimbursements owed to NCPS may be deducted from the offering proceeds at closing. However, the Company’s obligation to pay or reimburse NCPS for the Offering expenses included on the final statement of expenses is not conditional upon a successful closing.

Appears in 6 contracts

Samples: Solicitation Agreement (Philadelphia Powderkegs, Inc.), Solicitation Agreement (Florida Mangos Wild, Inc.), Solicitation Agreement (Denver Moguls, Inc.)

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