Common use of Purchaser Fees and Expenses Clause in Contracts

Purchaser Fees and Expenses. (a) The Company shall pay a placement fee to Aspen Capital Resources, LLC equal to 10% of the aggregate principal amount of Preferred Shares issued pursuant to this Agreement, payable upon issuance of each Preferred Share.

Appears in 3 contracts

Samples: Securities Purchase Agreement (First Scientific Inc), Securities Purchase Agreement (E Automate Corp/De), Securities Purchase Agreement (E Automate Corp/De)

AutoNDA by SimpleDocs

Purchaser Fees and Expenses. (a) The Company shall pay a placement fee to Aspen Capital Resources, LLC equal to 10% of the aggregate principal amount of Preferred Shares Debentures issued pursuant to this Agreement, payable upon issuance of each Preferred ShareDebenture.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Covol Technologies Inc), Securities Purchase Agreement (Flexpoint Sensor Systems Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.