Common use of Origination Fee Clause in Contracts

Origination Fee. Subject to the terms of this Agreement, at the Closing, the Company hereby agrees to issue to the Purchasers 581 additional shares of Series B Preferred Stock (but excluding the associated Warrants), representing an origination fee in an aggregate amount equal to $581,000 or approximately two percent (2%) of the Purchase Price, free and clear of all Encumbrances, in the amounts, with respect to each such Purchaser, set forth on Schedule A hereto.

Origination Fee. Subject to the terms of this Agreement, at the Closing, the Company hereby agrees to issue to the Purchasers 581 100 additional shares of Series B Preferred Stock (but excluding the associated Warrants), representing an origination fee in an aggregate amount equal to $581,000 100,000 or approximately two percent (2%) of the Purchase Price, free and clear of all Encumbrances, in the amounts, with respect to each such Purchaser, set forth on Schedule A hereto.

Origination Fee. Subject to the terms of this Agreement, at the Closing, the Company hereby agrees to issue to the Purchasers 581 Purchaser 700 additional shares of Series B A Preferred Stock (but excluding the associated Warrants), representing an origination fee in an aggregate amount equal to $581,000 700,000 or approximately two percent (2%) of the Purchase Price, free and clear of all Encumbrances, in the amounts, with respect to each such Purchaser, set forth on Schedule A hereto.

Origination Fee. Subject to the terms of this Agreement, at the Closing, the Company hereby agrees to issue to the Purchasers 581 Purchaser 152 additional shares of Series B Preferred Stock (but excluding the associated Warrants), representing an origination fee in an aggregate amount equal to $581,000 152,900 or approximately two percent (2%) of the Purchase Price, free and clear of all Encumbrances, in the amounts, with respect to each such Purchaser, set forth on Schedule A hereto.

Origination Fee. Subject to the terms of this Agreement, at the Closing, the Company hereby agrees to issue to the Purchasers 581 Purchaser [●] additional shares of Series B C Preferred Stock (but excluding the associated Warrants), representing an origination fee in an aggregate amount equal to $581,000 [●] or approximately two percent (2%) of the Purchase Price, free and clear of all Encumbrances, in the amounts, with respect to each such Purchaser, set forth on Schedule A hereto.

Origination Fee. Subject to the terms of this Agreement, at the Closing, the Company hereby agrees to issue to the Purchasers 581 66 additional shares of Series B Preferred Stock (but excluding the associated Warrants), representing an origination fee in an aggregate amount equal to $581,000 66,000 or approximately two percent (2%) of the Purchase Price, free and clear of all Encumbrances, in the amounts, with respect to each such Purchaser, set forth on Schedule A hereto.

Origination Fee. Subject to the terms of this Agreement, at the Closing, the Company hereby agrees to issue to the Purchasers 581 Purchaser 100 additional shares of Series B Preferred Stock (but excluding the associated Warrants), representing an origination fee in an aggregate amount equal to $581,000 100,000 or approximately two percent (2%) of the Purchase Price, free and clear of all Encumbrances, in the amounts, with respect to each such Purchaser, set forth on Schedule A hereto.

Origination Fee. Subject to the terms of this Agreement, at the Closing, the Company hereby agrees to issue to the Purchasers 581 240 additional shares of Series B C Preferred Stock (but excluding the associated Warrants), representing an origination fee in an aggregate amount equal to $581,000 240,000 or approximately two percent (2%) of the Purchase Price, free and clear of all Encumbrances, in the amounts, with respect to each such Purchaser, set forth on Schedule A hereto.

Origination Fee. Subject to the terms of this Agreement, at the Closing, the Company hereby agrees to issue to the Purchasers 581 50 additional shares of Series B C Preferred Stock (but excluding the associated Warrants), representing an origination fee in an aggregate amount equal to $581,000 50,000 or approximately two percent (2%) of the Purchase Price, free and clear of all Encumbrances, in the amounts, with respect to each such Purchaser, set forth on Schedule A hereto.

Origination Fee. Subject to the terms of this Agreement, at the Closing, the Company hereby agrees to issue to the Purchasers 581 Purchaser 100 additional shares of Series B C Preferred Stock (but excluding the associated Warrants), representing an origination fee in an aggregate amount equal to $581,000 100,000 or approximately two percent (2%) of the Purchase Price, free and clear of all Encumbrances, in the amounts, with respect to each such Purchaser, set forth on Schedule A hereto.

Origination Fee. Subject to the terms of this Agreement, at the Closing, the Company hereby agrees to issue to the Purchasers 581 Purchaser 200 additional shares of Series B C Preferred Stock (but excluding the associated Warrants), representing an origination fee in an aggregate amount equal to $581,000 200,000 or approximately two percent (2%) of the Purchase Price, free and clear of all Encumbrances, in the amounts, with respect to each such Purchaser, set forth on Schedule A hereto.