Common use of Original Issue Discount; Transaction Expenses Clause in Contracts

Original Issue Discount; Transaction Expenses. The Note carries an original issue discount of $27,777.78 (the “OID”). In addition, the Company agrees to pay $5,000.00 to the Buyer to cover the Buyer’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of the Securities (the “Transaction Expense Amount”), all of which amount is included in the initial principal balance of the Note. The Purchase Price, therefore, shall be $250,000.00, computed as follows: $282,777.78 original principal balance, less the OID, less the Transaction Expense Amount.

Appears in 5 contracts

Samples: Securities Purchase Agreement (Max Sound Corp), Securities Purchase Agreement (Max Sound Corp), Securities Purchase Agreement (Max Sound Corp)

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Original Issue Discount; Transaction Expenses. The Note carries an original issue discount of $27,777.78 40,000.00 (the “OID”). In addition, the Company agrees to pay $5,000.00 to the Buyer Investor to cover the BuyerInvestor’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of the Securities Note (the “Transaction Expense Amount”), all of which amount is included in the initial principal balance of the Note. The Purchase Price, therefore, shall be $250,000.00200,000.00, computed as follows: $282,777.78 245,000.00 original principal balance, less the OID, less the Transaction Expense Amount.

Appears in 2 contracts

Samples: Note Purchase Agreement (Vapor Hub International Inc.), Note Purchase Agreement (Vapor Hub International Inc.)

Original Issue Discount; Transaction Expenses. The Note carries an original issue discount of $27,777.78 15,000.00 (the “OID”). In addition, the Company agrees to pay $5,000.00 1,500.00 to the Buyer to cover the Buyer’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of the Securities (the “Transaction Expense Amount”)Securities, all of which amount is included in the initial principal balance of the NoteNote (the “Carried Transaction Expense Amount”). The Purchase Price, therefore, shall be $250,000.00300,000.00, computed as follows: $282,777.78 316,500.00 original principal balance, less the OID, less the Carried Transaction Expense Amount. The Initial Cash Purchase Price shall be the Purchase Price less the sum of the initial principal amounts of the Secured Buyer Notes and the Buyer Notes.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Coates International LTD \De\), Securities Purchase Agreement (Coates International LTD \De\)

Original Issue Discount; Transaction Expenses. The Note carries an original issue discount of $27,777.78 75,000.00 (the “OID”). In addition, the Company agrees to pay $5,000.00 7,500.00 to the Buyer to cover the Buyer’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of the Securities (the “Transaction Expense Amount”), all of which amount is included in the initial principal balance of the this Note. The Purchase Price, therefore, shall be $250,000.00750,000.00, computed as follows: $282,777.78 832,500.00 original principal balance, less the OID, less the Transaction Expense Amount. The Initial Cash Purchase Price shall be the Purchase Price less the sum of the initial principal amounts of the Buyer Trust Deed Notes.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Neah Power Systems, Inc.), Securities Purchase Agreement (Neah Power Systems, Inc.)

Original Issue Discount; Transaction Expenses. The Note carries an original issue discount of $27,777.78 50,000.00 (the “OID”). In addition, the Company agrees to pay $5,000.00 to the Buyer to cover the Buyer’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of the Securities (the The Transaction Expense Amount”), all of which amount is included in the initial principal balance of the Note. The Purchase Price, therefore, shall be $250,000.00500,000.00, computed as follows: $282,777.78 550,000.00 original principal balance, less the OID, less the Transaction Expense Amount.

Appears in 1 contract

Samples: Securities Purchase Agreement (ULURU Inc.)

Original Issue Discount; Transaction Expenses. The Note carries an original issue discount of $27,777.78 17,500.00 (the “OID”). In addition, the Company agrees to pay $5,000.00 1,500.00 to the Buyer to cover the Buyer’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of the Securities (the “Transaction Expense Amount”)Securities, all of which amount is included in the initial principal balance of the NoteNote (the “Carried Transaction Expense Amount”). The Purchase Price, therefore, shall be $250,000.00350,000.00, computed as follows: $282,777.78 369,000.00 original principal balance, less the OID, less the Carried Transaction Expense Amount. The Initial Cash Purchase Price shall be the Purchase Price less the sum of the initial principal amounts of the Secured Buyer Notes.

Appears in 1 contract

Samples: Securities Purchase Agreement (Coates International LTD \De\)

Original Issue Discount; Transaction Expenses. The Note carries an original issue discount of $27,777.78 6,000.00 (the “OID”). In addition, the Company agrees to pay $5,000.00 3,000.00 to the Buyer Investor to cover the BuyerInvestor’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of the Securities (the “Transaction Expense Amount”), all of which amount is included in the initial principal balance of the Note. The Purchase Price, therefore, shall be $250,000.0075,000.00, computed as follows: $282,777.78 84,000.00 original principal balance, less the OID, less the Transaction Expense Amount.

Appears in 1 contract

Samples: Securities Purchase Agreement (Epoxy, Inc.)

Original Issue Discount; Transaction Expenses. The Note carries an original issue discount of $27,777.78 5,000.00 (the “OID”). In addition, the Company agrees to pay $5,000.00 to the Buyer Investor to cover the BuyerInvestor’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of the Securities (the “Transaction Expense Amount”), all of which amount is included in the initial principal balance of the Note. The Purchase Price, therefore, shall be $250,000.00100,000.00, computed as follows: $282,777.78 110,000.00 original principal balance, less the OID, less the Transaction Expense Amount.

Appears in 1 contract

Samples: Securities Purchase Agreement (Technology Applications International Corp)

Original Issue Discount; Transaction Expenses. The Note carries an original issue discount of $27,777.78 1,500,000.00 (the “OID”). In addition, the Company Xxxxxxxx agrees to pay $5,000.00 to the Buyer Lender to cover the BuyerXxxxxx’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale execution of the Securities Note (the “Transaction Expense Amount”), all of which amount is included in the initial principal balance of the Note. The Purchase Price“Loan Amount”, therefore, shall be $250,000.0015,000,000.00, computed as follows: $282,777.78 16,505,000.00 original principal balance, less the OID, less the Transaction Expense Amount.. ​

Appears in 1 contract

Samples: Commercial Loan Agreement (Northwest Biotherapeutics Inc)

Original Issue Discount; Transaction Expenses. The Note carries an original issue discount of $27,777.78 7,500.00 (the “OID”). In addition, the Company agrees to pay $5,000.00 4,000.00 to the Buyer Investor to cover the BuyerInvestor’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of the Securities (the “Transaction Expense Amount”), all of which amount is included in the initial principal balance of the Note. The Purchase Price, therefore, shall be $250,000.0075,000.00, computed as follows: $282,777.78 86,500.00 original principal balance, less the OID, less the Transaction Expense Amount.

Appears in 1 contract

Samples: Securities Purchase Agreement (Premier Biomedical Inc)

Original Issue Discount; Transaction Expenses. The Note carries an original issue discount of $27,777.78 10,000.00 (the “OID”). In addition, the Company agrees to pay $5,000.00 3,000.00 to the Buyer Investor to cover the BuyerInvestor’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of the Securities (the “Transaction Expense Amount”), all of which amount is included in the initial principal balance of the this Note. The Purchase Price, therefore, shall be $250,000.00100,000.00, computed as follows: $282,777.78 113,000.00 original principal balance, less the OID, less the Transaction Expense Amount.

Appears in 1 contract

Samples: Securities Purchase Agreement (Players Network)

Original Issue Discount; Transaction Expenses. The Note carries an original issue discount of $27,777.78 5,000.00 (the “OID”). In addition, the Company agrees to pay $5,000.00 2,500.00 to the Buyer Investor to cover the BuyerInvestor’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of the Securities (the “Transaction Expense Amount”), all of which amount is included in the initial principal balance of the Note. The Purchase Price, therefore, shall be $250,000.00100,000.00, computed as follows: $282,777.78 107,500.00 original principal balance, less the OID, less the Transaction Expense Amount.

Appears in 1 contract

Samples: Securities Purchase Agreement (Thinspace Technology, Inc.)

Original Issue Discount; Transaction Expenses. The Note carries an original issue discount of $27,777.78 5,000.00 (the “OID”). In addition, the Company agrees to pay $5,000.00 2,500.00 to the Buyer Investor to cover the BuyerInvestor’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of the Securities (the “Transaction Expense Amount”), all of which amount is included in the initial principal balance of the Note. The Purchase Price, therefore, shall be $250,000.0050,000.00, computed as follows: $282,777.78 57,500.00 original principal balance, less the OID, less the Transaction Expense Amount.

Appears in 1 contract

Samples: Securities Purchase Agreement (Stationdigital Corp)

Original Issue Discount; Transaction Expenses. The Note carries an original issue discount of $27,777.78 560,000.00 (the “OID”). In addition, the Company agrees to pay $5,000.00 15,000.00 to the Buyer Investor to cover the BuyerInvestor’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of the Securities Note (the “Transaction Expense Amount”), all of which amount is included in the initial principal balance of the Note. The Purchase Price, therefore, shall be $250,000.00700,000.00, computed as follows: $282,777.78 1,275,000.00 original principal balance, less the OID, less the Transaction Expense Amount.

Appears in 1 contract

Samples: Note Purchase Agreement (Guided Therapeutics Inc)

Original Issue Discount; Transaction Expenses. The Note carries an original issue discount of $27,777.78 15,000.00 (the “OID”). In addition, the Company agrees to pay $5,000.00 3,000.00 to the Buyer Investor to cover the BuyerInvestor’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of the Securities (the “Transaction Expense Amount”), all of which amount is included in the initial principal balance of the Note. The Purchase Price, therefore, shall be $250,000.00150,000.00, computed as follows: $282,777.78 168,000.00 original principal balance, less the OID, less the Transaction Expense Amount.

Appears in 1 contract

Samples: Securities Purchase Agreement (CrowdGather, Inc.)

Original Issue Discount; Transaction Expenses. The Note carries an original issue discount of $27,777.78 1,000,000.00 (the “OID”). In addition, the Company Borrower agrees to pay $5,000.00 to the Buyer Lender to cover the BuyerLender’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale execution of the Securities Note (the “Transaction Expense Amount”), all of which amount is included in the initial principal balance of the Note. The Purchase Price“Loan Amount”, therefore, shall be $250,000.0010,000,000.00, computed as follows: $282,777.78 11,005,000.00 original principal balance, less the OID, less the Transaction Expense Amount.. ​

Appears in 1 contract

Samples: Commercial Loan Agreement (Northwest Biotherapeutics Inc)

Original Issue Discount; Transaction Expenses. The Note carries an original issue discount of $27,777.78 6,000.00 (the “OID”). In addition, the Company agrees to pay $5,000.00 4,000.00 to the Buyer Investor to cover the BuyerInvestor’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of the Securities (the “Transaction Expense Amount”), all of which amount is included in the initial principal balance of the Note. The Purchase Price, therefore, shall be $250,000.0060,000.00, computed as follows: $282,777.78 70,000.00 original principal balance, less the OID, less the Transaction Expense Amount.

Appears in 1 contract

Samples: Securities Purchase Agreement (Homeland Resources Ltd.)

Original Issue Discount; Transaction Expenses. The Note carries an original issue discount of $27,777.78 15,000.00 (the “OID”). In addition, the Company agrees to pay $5,000.00 to the Buyer Investor to cover the BuyerInvestor’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of the Securities (the “Transaction Expense Amount”), all of which amount is included in the initial principal balance of the Note. The Purchase Price, therefore, shall be $250,000.00150,000.00, computed as follows: $282,777.78 170,000.00 original principal balance, less the OID, less the Transaction Expense Amount.

Appears in 1 contract

Samples: Securities Purchase Agreement (Islet Sciences, Inc)

Original Issue Discount; Transaction Expenses. The Note carries an original issue discount of $27,777.78 40,000.00 (the “OID”). In addition, the Company agrees to pay $5,000.00 7,500.00 to the Buyer Investor to cover the BuyerInvestor’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of the Securities (the “Transaction Expense Amount”), all of which amount is included in the initial principal balance of the this Note. The Purchase Price, therefore, shall be $250,000.00400,000.00, computed as follows: $282,777.78 447,500.00 original principal balance, less the OID, less the Transaction Expense Amount.

Appears in 1 contract

Samples: Securities Purchase Agreement (Blue Sphere Corp.)

Original Issue Discount; Transaction Expenses. The Note carries an original issue discount of $27,777.78 20,000.00 (the “OID”). In addition, the Company agrees to pay $5,000.00 to the Buyer Investor to cover the BuyerInvestor’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of the Securities (the “Transaction Expense Amount”), all of which amount is included in the initial principal balance of the Note. The Purchase Price, therefore, shall be $250,000.00200,000.00, computed as follows: $282,777.78 225,000.00 original principal balance, less the OID, less the Transaction Expense Amount.

Appears in 1 contract

Samples: Securities Purchase Agreement (Boston Therapeutics, Inc.)

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Original Issue Discount; Transaction Expenses. The Note carries an original issue discount of $27,777.78 1,000,000.00 (the “OID”). In addition, the Company Xxxxxxxx agrees to pay $5,000.00 to the Buyer Lender to cover the BuyerXxxxxx’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale execution of the Securities Note (the “Transaction Expense Amount”), all of which amount is included in the initial principal balance of the Note. The Purchase Price“Loan Amount”, therefore, shall be $250,000.0010,000,000.00, computed as follows: $282,777.78 11,005,000.00 original principal balance, less the OID, less the Transaction Expense Amount.

Appears in 1 contract

Samples: Loan Agreement (Northwest Biotherapeutics Inc)

Original Issue Discount; Transaction Expenses. The Note carries an original issue discount of $27,777.78 475,000.00 (the “OID”). In addition, the Company agrees to pay $5,000.00 to the Buyer Investor to cover the BuyerInvestor’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of the Securities (the “Transaction Expense Amount”), all of which amount is included in the initial principal balance of the Note. The Purchase Price, Price therefore, shall be $250,000.001,250,000.00, computed as follows: $282,777.78 1,730,000.00 original principal balance, less the OID, less the Transaction Expense Amount.

Appears in 1 contract

Samples: Securities Purchase Agreement (Hydrocarb Energy Corp)

Original Issue Discount; Transaction Expenses. The Note carries an original issue discount of $27,777.78 14,000.00 (the "OID"). In addition, the Company agrees to pay $5,000.00 4,000.00 to the Buyer Investor to cover the Buyer’s Investor's legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of the Securities (the "Transaction Expense Amount"), all of which amount is included in the initial principal balance of the this Note. The "Purchase Price", therefore, shall be $250,000.00140,000.00, computed as follows: $282,777.78 158,000 original principal balance, less the OID00, less the Transaction Expense Amount.

Appears in 1 contract

Samples: Securities Purchase Agreement (Greenway Technologies Inc)

Original Issue Discount; Transaction Expenses. The Note carries an original issue discount of $27,777.78 4,400.00 (the “OID”). In addition, the Company agrees to pay $5,000.00 2,500.00 to the Buyer to cover the Buyer’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of the Securities Note (the “Transaction Expense Amount”), all of which amount is included in the initial principal balance of the Note. The Purchase Price, therefore, shall be $250,000.0050,000.00, computed as follows: $282,777.78 56,900.00 original principal balance, less the OID, less the Transaction Expense Amount.

Appears in 1 contract

Samples: Note Purchase Agreement (Epazz Inc)

Original Issue Discount; Transaction Expenses. The Note carries an original issue discount of $27,777.78 10,000.00 (the “OID”). In addition, the Company agrees to pay $5,000.00 to the Buyer Investor to cover the BuyerInvestor’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of the Securities (the “Transaction Expense Amount”), all of which amount is included in the initial principal balance of the this Note. The Purchase Price, therefore, shall be $250,000.00100,000.00, computed as follows: $282,777.78 115,000.00 original principal balance, less the OID, less the Transaction Expense Amount.

Appears in 1 contract

Samples: Securities Purchase Agreement (Inception Mining Inc.)

Original Issue Discount; Transaction Expenses. The Note carries an original issue discount of $27,777.78 7,500.00 (the “OID”). In addition, the Company agrees to pay $5,000.00 3,000.00 to the Buyer Investor to cover the BuyerInvestor’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of the Securities (the “Transaction Expense Amount”), all of which amount is included in the initial principal balance of the this Note. The Purchase Price, therefore, shall be $250,000.0075,000.00, computed as follows: $282,777.78 85,500.00 original principal balance, less the OID, less the Transaction Expense Amount.

Appears in 1 contract

Samples: Securities Purchase Agreement (SearchCore, Inc.)

Original Issue Discount; Transaction Expenses. The Note carries an original issue discount of $27,777.78 200,000.00 (the “OID”). In addition, the Company agrees to pay $5,000.00 to the Buyer Investor to cover the BuyerInvestor’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of the Securities (the “Transaction Expense Amount”), all of which amount is included in the initial principal balance of the Note. The Purchase Price, therefore, shall be $250,000.00500,000.00, computed as follows: $282,777.78 705,000.00 original principal balance, less the OID, less the Transaction Expense Amount.

Appears in 1 contract

Samples: Securities Purchase Agreement (Cybergy Holdings, Inc.)

Original Issue Discount; Transaction Expenses. The Note carries an original issue discount of $27,777.78 5,000.00 (the “OID”). In addition, the Company agrees to pay $5,000.00 3,000.00 to the Buyer Investor to cover the BuyerInvestor’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of the Securities (the “Transaction Expense Amount”), all of which amount is included in the initial principal balance of the this Note. The Purchase Price, therefore, shall be $250,000.0050,000.00, computed as follows: $282,777.78 58,000.00 original principal balance, less the OID, less the Transaction Expense Amount.

Appears in 1 contract

Samples: Securities Purchase Agreement (Aegea, Inc.)

Original Issue Discount; Transaction Expenses. The Note carries an original issue discount of $27,777.78 1,000,000.00 (the “OID”). In addition, the Company Xxxxxxxx agrees to pay $5,000.00 to the Buyer Lender to cover the BuyerXxxxxx’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale execution of the Securities Note (the “Transaction Expense Amount”), all of which amount is included in the initial principal balance of the Note. The Purchase Price“Loan Amount”, therefore, shall be $250,000.0010,000,000.00, computed as follows: $282,777.78 11,005,000.00 original principal balance, less the OID, less the Transaction Expense Amount.. ​

Appears in 1 contract

Samples: Loan Agreement (Northwest Biotherapeutics Inc)

Original Issue Discount; Transaction Expenses. The Note carries an original issue discount of $27,777.78 45,000.00 (the “OID”). In addition, the Company agrees to pay $5,000.00 to the Buyer Investor to cover the BuyerInvestor’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of the Securities (the “Transaction Expense Amount”), all of which amount is included in the initial principal balance of the Note. The Purchase Price, therefore, shall be $250,000.00300,000.00, computed as follows: $282,777.78 350,000.00 original principal balance, less the OID, less the Transaction Expense Amount.

Appears in 1 contract

Samples: Securities Purchase Agreement (Hydrocarb Energy Corp)

Original Issue Discount; Transaction Expenses. The Note carries an original issue discount of $27,777.78 500,000.00 (the "OID"). In addition, the Company agrees to pay $5,000.00 to the Buyer Investor to cover the Buyer’s Investor's legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of the Securities Note (the "Transaction Expense Amount"), all of which amount is included in the initial principal balance of the Note. The "Purchase Price", therefore, shall be $250,000.005,000,000.00, computed as follows: $282,777.78 5,505,000.00 original principal balance, less the OID, less the Transaction Expense Amount.. ​

Appears in 1 contract

Samples: Note Purchase Agreement (Northwest Biotherapeutics Inc)

Original Issue Discount; Transaction Expenses. The Note carries an original issue discount of $27,777.78 30,000.00 (the “OID”). In addition, the Company agrees to pay $5,000.00 1,500.00 to the Buyer to cover the Buyer’s legal fees, accounting costs, due diligence, monitoring and other transaction costs incurred in connection with the purchase and sale of the Securities (the “Transaction Expense Amount”)Securities, all of which amount is included in the initial principal balance of the NoteNote (the “Carried Transaction Expense Amount”). The Purchase Price, therefore, shall be $250,000.00600,000.00, computed as follows: $282,777.78 631,500.00 original principal balance, less the OID, less the Carried Transaction Expense Amount. The Initial Cash Purchase Price shall be the Purchase Price less the sum of the initial principal amounts of the Secured Buyer Notes.

Appears in 1 contract

Samples: Securities Purchase Agreement (Coates International LTD \De\)

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