Common use of Payment of Investor’s Counsel Fees; Due Diligence Expenses Clause in Contracts

Payment of Investor’s Counsel Fees; Due Diligence Expenses. On the Effective Date, the Company shall have paid by wire transfer of immediately available funds to an account designated by the Investor’s counsel, the fees and expenses of the Investor’s counsel in accordance with the proviso to the first sentence of Section 9.1(i) of this Agreement. On the 30th day of the third month in each calendar quarter during the Investment Period, the Company shall have paid by wire transfer of immediately available funds to an account designated by the Investor, the due diligence expenses incurred by the Investor in accordance with the provisions of the second sentence of Section 9.1(i) of this Agreement.

Appears in 9 contracts

Samples: Common Stock Purchase Agreement (Vical Inc), Common Stock Purchase Agreement (Arena Pharmaceuticals Inc), Common Stock Purchase Agreement (Sulphco Inc)

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Payment of Investor’s Counsel Fees; Due Diligence Expenses. On the Effective Date, the Company shall have paid by wire transfer of immediately available funds to an account designated by the Investor’s counsel, the fees and expenses of the Investor’s counsel in accordance with clause (B) of the proviso to the first sentence of Section 9.1(i) of this Agreement. On the 30th day of the third month in each calendar quarter during the Investment Period, the Company shall have paid by wire transfer of immediately available funds to an account designated by the Investor, the due diligence expenses incurred by the Investor in accordance with the provisions of the second sentence of Section 9.1(i) of this Agreement.

Appears in 4 contracts

Samples: Common Stock Purchase Agreement (MAP Pharmaceuticals, Inc.), Common Stock Purchase Agreement (Emcore Corp), Common Stock Purchase Agreement (Alexza Pharmaceuticals Inc.)

Payment of Investor’s Counsel Fees; Due Diligence Expenses. On the Effective Date, the Company shall have paid by wire transfer of immediately available funds to an account designated by the Investor’s counsel, the fees and expenses of the Investor’s counsel in accordance with clause (B) of the proviso to the first sentence of Section 9.1(i) of this Agreement. On the 30th day of the third month in each calendar quarter during the Investment Period, the The Company shall have paid by wire transfer of immediately available funds to an account designated by the Investor, the due diligence expenses incurred by the Investor in accordance with the provisions of the second sentence of Section 9.1(i) of this Agreement, to the extent such fees are due and payable by the Company under Section 9.1(i).

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Jones Soda Co)

Payment of Investor’s Counsel Fees; Due Diligence Expenses. On the Effective Date, the Company shall have paid by wire transfer of immediately available funds to an account designated by the Investor’s counsel, the fees and expenses of the Investor’s counsel in accordance with clause (B) of the proviso to the first sentence of Section 9.1(i) of this Agreement. On the 30th day of the third month in each calendar quarter during the Investment Period, the The Company shall have paid by wire transfer of immediately available funds to an account designated by the Investor, Investor the due diligence expenses incurred by the Investor in accordance with the provisions of the second sentence of Section 9.1(i) of this AgreementAgreement (as applicable).

Appears in 1 contract

Samples: Common Stock Purchase Agreement (NeoStem, Inc.)

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Payment of Investor’s Counsel Fees; Due Diligence Expenses. On the Effective Datedate of this Agreement, the Company shall have paid by wire transfer of immediately available funds to an account designated by the Investor’s counsel, the fees and expenses of the Investor’s counsel in accordance with the proviso to the first sentence of Section 9.1(i) of this Agreement. On the 30th day of the third month in each calendar quarter during the Investment Period, the Company shall have paid by wire transfer of immediately available funds to an account designated by the Investor, the due diligence expenses incurred by the Investor in accordance with the provisions of the second sentence of Section 9.1(i) of this Agreement.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Durect Corp)

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