Common use of Purchaser’s Costs and Expenses Clause in Contracts

Purchaser’s Costs and Expenses. On the Closing Date, subject to the limitations set forth below, all direct and indirect costs and expenses of the Purchasers related to the negotiation, due diligence, preparation, closing, and all other items regarding or related to this Agreement and the other Transaction Documents and all of the transactions contemplated herein and/or therein, including, but not limited to, the legal fees and expenses of the Purchasers’ legal counsel (collectively, the “Purchasers’ Expenses”), shall be due and payable from the Company to the Purchasers; and the Purchasers shall subtract from their respective Purchase Price to be paid to the Company for the purchase of the Notes and Warrants, all of such Purchasers’ Expenses. Although the Purchasers’ Expenses are the sole responsibility and obligation of the Company, but are being subtracted by the Purchasers from their respective Purchase Price actually paid to the Company, such Purchasers’ Expenses shall constitute part of such Purchase Price and shall not directly and/or indirectly reduce and or result in any set-off the aggregate principal amount of the Note or result in a set-off and/or reduction of any other funds owed by the Company to the Purchasers. Notwithstanding anything to the contrary contained herein, the Company’s responsibility for the Purchasers’ Expenses shall not exceed $25,700.00 to be allocated as follows: (i) to the legal fees and expenses of the Purchasers’ legal counsel in a sum not to exceed $25,000.00 and (ii) to other Purchasers’ Expenses in a sum not to exceed $700.00.

Appears in 1 contract

Samples: Securities Purchase Agreement (Dthera Sciences)

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Purchaser’s Costs and Expenses. On the Closing Date, subject to the limitations set forth below, all direct and indirect costs and expenses of the Purchasers related to the negotiation, due diligence, preparation, closing, and all other items regarding or related to this Agreement and the other Transaction Documents and all of the transactions contemplated herein and/or therein, including, but not limited to, the reasonable legal fees and expenses of the Purchasers’ legal counsel (collectively, the “Purchasers’ Expenses”), shall be due and payable from the Company to the Purchasers; and the Purchasers shall subtract from their respective Purchase Price to be paid to the Company for the purchase of the Notes Warrants and WarrantsNotes, all of such Purchasers’ Expenses. Although the Purchasers’ Expenses are the sole responsibility and obligation of the Company, but are being subtracted by the Purchasers from their respective Purchase Price actually paid to the Company, such Purchasers’ Expenses shall constitute part of such Purchase Price and shall not directly and/or indirectly reduce and or result in any set-off the aggregate principal amount of the Note or result in a set-off and/or reduction of any other funds owed by the Company to the Purchasers. Notwithstanding anything to the contrary contained herein, the Company’s responsibility for the Purchasers’ Expenses shall not exceed exceed, in the aggregate, $25,700.00 to be allocated as follows: (i) to the legal fees and expenses of the Purchasers’ legal counsel in a sum not to exceed $25,000.00 and (ii) to other Purchasers’ Expenses in a sum not to exceed $700.0010,000.

Appears in 1 contract

Samples: Securities Purchase Agreement (COPsync, Inc.)

Purchaser’s Costs and Expenses. On the applicable Closing Date, subject to the limitations set forth below, all direct and indirect costs and expenses of the Purchasers related to the negotiation, due diligence, preparation, closing, and all other items regarding or related to this Agreement and the other Transaction Documents and all of the transactions contemplated herein and/or therein, including, but not limited to, the legal fees and expenses of the Purchasers' legal counsel (collectively, the "Purchasers' Expenses"), shall be due and payable from the Company to the Purchasers; and the Purchasers shall subtract from their respective Purchase Price to be paid to the Company for the purchase of the Notes and Warrants, all of such Purchasers' Expenses. Although the Purchasers' Expenses are the sole responsibility and obligation of the Company, but are being subtracted by the Purchasers from their respective Purchase Price actually paid to the Company, such Purchasers' Expenses shall constitute part of such Purchase Price and shall not directly and/or indirectly reduce and or result in any set-off the aggregate principal amount of the Note or result in a set-off and/or reduction of any other funds owed by the Company to the Purchasers. Notwithstanding anything to the contrary contained herein, the Company’s 's responsibility for the Purchasers' Expenses shall not exceed $25,700.00 75,000.00 to be allocated as follows: (i) to the legal fees and expenses of the Purchasers' legal counsel in a sum not to exceed $25,000.00 35,000 and (ii) to other Purchasers’ Expenses in a sum not to exceed an aggregate. non-accountable due diligence fee of $700.0040,000.

Appears in 1 contract

Samples: Securities Purchase Agreement (Terra Tech Corp.)

Purchaser’s Costs and Expenses. On the Closing Date, subject to the limitations set forth below, all direct and indirect costs and expenses of the Purchasers Purchaser related to the negotiation, due diligence, preparation, closing, and all other items regarding or related to this Agreement and the other Transaction Documents and all of the transactions contemplated herein and/or therein, including, but not limited to, the reasonable legal fees and expenses of the Purchasers’ Purchaser’s legal counsel (collectively, the “Purchasers’ Purchaser’s Expenses”), shall be due and payable from the Company to the PurchasersPurchaser; and the Purchasers Purchaser shall subtract from their respective the Purchase Price to be paid to the Company for the purchase of the Notes and WarrantsNotes, all of such Purchasers’ Purchaser’s Expenses. Although the Purchasers’ Purchaser’s Expenses are the sole responsibility and obligation of the Company, but are being subtracted by the Purchasers Purchaser from their respective the Purchase Price actually paid to the Company, such Purchasers’ Purchaser’s Expenses shall constitute part of such Purchase Price and shall not directly and/or indirectly reduce and or result in any set-off the aggregate principal amount of the Note or result in a set-off and/or reduction of any other funds owed by the Company to the PurchasersPurchaser. Notwithstanding anything to the contrary contained herein, the Company’s responsibility for the Purchasers’ Purchaser’s Expenses shall not exceed exceed, in the aggregate, $25,700.00 to be allocated as follows: (i) to the 20,000 for Purchaser’s legal fees and expenses of the Purchasers’ legal counsel in a sum not to exceed $25,000.00 and (ii) to other Purchasers’ Expenses in a sum not to exceed $700.00counsel.

Appears in 1 contract

Samples: Securities Purchase Agreement (Dolphin Entertainment, Inc.)

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Purchaser’s Costs and Expenses. On the Closing Date, subject to the limitations set forth below, all direct and indirect costs and expenses of the Purchasers related to the negotiation, due diligence, preparation, closing, and all other items regarding or related to this Agreement and the other Transaction Documents and all of the transactions contemplated herein and/or therein, including, but not limited to, the reasonable legal fees and expenses of the Purchasers’ legal counsel counsel, Pxxxx Cxxxxxx LLP, and for clarity no other legal fees or expenses (collectively, the “Purchasers’ Expenses”), shall be due and payable from the Company to the Purchasers; and the Purchasers shall subtract from their respective Purchase Price to be paid to the Company for the purchase of the Notes and WarrantsNotes, all of such Purchasers’ Expenses. Although the Purchasers’ Expenses are the sole responsibility and obligation of the Company, but are being subtracted by the Purchasers from their respective Purchase Price actually paid to the Company, such Purchasers’ Expenses shall constitute part of such Purchase Price and shall not directly and/or indirectly reduce and or result in any set-off the aggregate principal amount of the Note or result in a set-off and/or reduction of any other funds owed by the Company to the Purchasers. Notwithstanding anything to the contrary contained herein, the Company’s responsibility for the Purchasers’ Expenses shall not exceed exceed, in the aggregate, $25,700.00 to be allocated 25,000 for Pxxxx Cxxxxxx LLP as follows: (i) to the legal fees and expenses of the Purchasers’ legal counsel in a sum not to exceed $25,000.00 and (ii) to other Purchasers’ Expenses in a sum not to exceed $700.00counsel.

Appears in 1 contract

Samples: Securities Purchase Agreement (Dyadic International Inc)

Purchaser’s Costs and Expenses. On the Closing Date, subject to the limitations set forth below, all direct and indirect costs and expenses of the Purchasers related to the negotiation, due diligence, preparation, closing, and all other items regarding or related to this Agreement and the other Transaction Documents and all of the transactions contemplated herein and/or therein, including, but not limited to, the reasonable legal fees and expenses of the Purchasers’ legal counsel (collectively, the “Purchasers’ Expenses”), shall be due and payable from the Company to the Purchasers; and the Purchasers shall subtract from their respective Purchase Price to be paid to the Company for the purchase of the Notes Warrants and WarrantsNotes, all of such Purchasers’ Expenses. Although the Purchasers’ Expenses are the sole responsibility and obligation of the Company, but are being subtracted by the Purchasers from their respective Purchase Price actually paid to the Company, such Purchasers’ Expenses shall constitute part of such Purchase Price and shall not directly and/or indirectly reduce and or result in any set-off the aggregate principal amount of the Note or result in a set-off and/or reduction of any other funds owed by the Company to the Purchasers. Notwithstanding anything to the contrary contained herein, the Company’s responsibility for the Purchasers’ Expenses shall not exceed exceed, in the aggregate, $25,700.00 to be allocated as follows: (i) to the legal fees and expenses of the Purchasers’ legal counsel in a sum not to exceed $25,000.00 and (ii) to other Purchasers’ Expenses in a sum not to exceed $700.0020,000.

Appears in 1 contract

Samples: Securities Purchase Agreement (Mantra Venture Group Ltd.)

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