Placement Agent Expenses. Upon the initial closing, the Company shall reimburse the Placement Agent for its reasonable out-of-pocket expenses of the Private Placement, including the reasonable fees and expenses of the Placement Agent's counsel, up to a maximum of $50,000. This amount may include expenses from other pending or abandoned transactions involving the Placement Agent.
Placement Agent Expenses. BOFL agrees to reimburse the Placement Agent for all of its reasonable, customary, and accountable out-of-pocket expenses incurred in connection with the Offering and preparing for the Offering including, without limitation, legal fees and expenses, postage, overnight delivery, database services, copying charges, telephone charges, meals, travel and lodging related expenses (including but not limited to visits to BOFL or investor presentations); provided, however, that, except as otherwise provided herein, such reimbursements shall not exceed $100,000, unless pre-approved by BOFL in writing, but in no event shall exceed $150,000. The reimbursement of out-of-pocket expenses pursuant to this Section 7(b) (including legal fees and expenses) need not be approved by BOFL in advance of such payment or to qualify for the reimbursement hereunder, provided the total remains less than the forgoing cap of $100,000, and an itemization of such expenses are furnished to BOFL upon its request. All out-of-pocket expenses (including legal fees and expenses) are due and payable upon invoice, from time to time. Upon request of Placement Agent, BOFL shall pay Placement Agent’s counsel directly for all legal expenses related to the Offering. The out-of-pocket reimbursement of expenses and legal fees described in this Section 7 shall be paid regardless of whether the Offering is completed or not for any reason, including market conditions.
Placement Agent Expenses. In addition to the expenses to be borne by the Company under paragraph (a) above, the Company shall reimburse the Placement Agent upon request made from time to time, but no less often than monthly, for its reasonable and documented out-of-pocket expenses, including, without limitation, legal fees and expenses not to exceed $35,000 without the Company’s prior approval, which approval will not be unreasonably withheld, for accountable legal expenses incurred prior to the Offering Termination Date in connection with its engagement hereunder regardless of whether the Offering is consummated, and further including, without limitation, promotional and travel expenses (but excluding charter air travel).
Placement Agent Expenses. The Placement Agent will be responsible for the payment of all fees and expenses, other than those referred to in 12.1 reasonably incurred by it in performing its obligations hereunder.
Placement Agent Expenses. Provided Fortis is not in breach of this Agreement, the Company shall reimburse Fortis for all of their reasonable and accountable out-of-pocket expenses, including the reasonable fees and actual out-of-pocket expenses of counsel for Fortis in connection with this Agreement or the offering contemplated hereunder.
Placement Agent Expenses. With respect to the reimbursement of Placement Agent's expenses, the Company shall pay (a) all out-of-pocket expenses reasonably incurred by Placement Agent in connection with its performance under the Placement Agreement, but not to exceed $50,000 without the written consent of the Company and (b) an 2 advance of an additional $20,000 concurrent with the execution of this Amendment against such expenses.
Placement Agent Expenses. Upon the Closing, the Company agrees to reimburse the Placement Agent for its reasonable, documented out-of-pocket expenses incurred in connection with the Offering, including the reasonable fees and expenses of the Placement Agent's counsel, up to a maximum of $100,000.00.
Placement Agent Expenses. The Company agrees to reimburse Placement Agent for all reasonable out-of-pocket expenses incurred by Placement Agent in connection with the performance of this Agreement, provided that all expenses in excess of $2,500 are approved in writing by Company. Placement Agent shall invoice the Company for all expenses on a monthly basis and provide receipts in connection therewith, and Placement Agent shall pay the amount of each invoice within ten (10) days of receipt of each invoice.
