Common use of REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES Clause in Contracts

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities for any reason permitted under this Agreement or (d) the sale of the Securities is not consummated because any condition to the obligations of the Purchasers or the Placement Agent set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition to the payment of amounts in accordance with Section 6 the Company shall reimburse the Placement Agent for the reasonable documented and accountable fees and expenses of the Placement Agent’s counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the Securities, and upon demand the Company shall pay the full amount thereof to the Placement Agent.

Appears in 9 contracts

Samples: Placement Agent Agreement (Great Basin Scientific, Inc.), Placement Agent Agreement (Great Basin Scientific, Inc.), Placement Agent Agreement (Great Basin Scientific, Inc.)

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REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities Shares and the Warrants included in the Units for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities Units for any reason permitted under this Agreement or (d) the sale of the Securities Units is not consummated because any condition to the obligations of the Purchasers or the Placement Agent Agents set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition to the payment of amounts in accordance with Section 6 the Company shall reimburse the Placement Agent Agents for the reasonable documented and accountable fees and expenses of the Placement Agent’s Agents’ counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesUnits, and upon demand the Company shall pay the full amount thereof to the Placement AgentAgents.

Appears in 5 contracts

Samples: Placement Agent Agreement (Lpath, Inc), Placement Agent Agreement (Lpath, Inc), Placement Agent Agreement (Lpath, Inc)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities Units for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities Units for any reason permitted under this Agreement or (d) the sale of the Securities Units is not consummated because any condition to the obligations of the Purchasers or the Placement Agent set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition to the payment of amounts in accordance with Section 6 the Company shall reimburse the Placement Agent for the reasonable documented and accountable fees and expenses of the Placement Agent’s counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesUnits, and upon demand the Company shall pay the full amount thereof to the Placement Agent.

Appears in 4 contracts

Samples: Placement Agent Agreement (IntelGenx Technologies Corp.), Placement Agent Agreement (Inovio Pharmaceuticals, Inc.), Placement Agent Agreement (Cyclacel Pharmaceuticals, Inc.)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities Shares for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities Shares for any reason permitted under this Agreement or (d) the sale of the Securities Shares is not consummated because any condition to the obligations of the Purchasers or the Placement Agent set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition to the payment of amounts in accordance with Section 6 the Company shall reimburse the Placement Agent for the reasonable documented and accountable fees and expenses of the Placement Agent’s counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesShares, and upon demand the Company shall pay the full amount thereof to the Placement Agent.

Appears in 3 contracts

Samples: Placement Agent Agreement (Tecogen Inc.), Placement Agent Agreement (Tecogen Inc.), Placement Agent Agreement (Intellipharmaceutics International Inc.)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities Shares and the Warrants for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities Shares and the Warrants for any reason permitted under this Agreement or (d) the sale of the Securities Shares and the Warrants is not consummated because any condition to the obligations of the Purchasers or the Placement Agent set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition to the payment of amounts in accordance with Section 6 the Company shall reimburse the Placement Agent for the reasonable documented and accountable fees and expenses of the Placement Agent’s counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesShares and the Warrants, and upon demand the Company shall pay the full amount thereof to the Placement Agent.

Appears in 3 contracts

Samples: Placement Agent Agreement (Speed Commerce, Inc.), Placement Agent Agreement (Nile Therapeutics, Inc.), Placement Agent Agreement (Somaxon Pharmaceuticals, Inc.)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities Stock for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities Stock for any reason permitted under this Agreement or (d) the sale of the Securities Stock is not consummated because any condition to the obligations of the Purchasers or the Placement Agent Agents set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition to the payment of amounts in accordance with Section 6 6, the Company shall reimburse the Placement Agent Agents for the reasonable documented and accountable fees and expenses of the Placement Agent’s Agents’ counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesStock, and upon demand the Company shall pay the full amount thereof to the Placement AgentAgents.

Appears in 2 contracts

Samples: Placement Agent Agreement (GTX Inc /De/), Placement Agent Agreement (Anesiva, Inc.)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities Units for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities Units for any reason permitted under this Agreement or (d) the sale of the Securities Units is not consummated because any condition to the obligations of the Purchasers or the Placement Agent set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition to the payment of amounts in accordance with Section 6 6, the Company shall reimburse the Placement Agent for the reasonable documented and accountable fees and expenses of the Placement Agent’s counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesUnits, including, without limitations, travel and lodging expenses of the Placement Agent, and upon demand the Company shall pay the full amount thereof to the Placement Agent.

Appears in 2 contracts

Samples: Placement Agent Agreement (Acusphere Inc), Placement Agent Agreement (Acusphere Inc)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities Units for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities Units for any reason permitted under this Agreement or (d) the sale of the Securities Units is not consummated because any condition to the obligations of the Purchasers or the Placement Agent set forth herein is not satisfied (other than a condition solely within the control of the Placement Agent) or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then then, in addition to the payment of any amounts in accordance with Section 6 6, the Company shall reimburse the Placement Agent for the reasonable documented and accountable fees and expenses of the Placement Agent’s counsel and for such other accountable out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesUnits, including without limitations, travel and lodging expenses of the Placement Agent, and upon demand the Company shall pay the full amount thereof to the Placement Agent.

Appears in 2 contracts

Samples: Placement Agent Agreement (Altair Nanotechnologies Inc), Placement Agent Agreement (Altair Nanotechnologies Inc)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Firm Securities for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Firm Securities for any reason permitted under this Agreement or (d) the sale of the Firm Securities is not consummated because any condition to the obligations of the Purchasers or the Placement Agent set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition to the payment of amounts in accordance with Section 6 the Company shall reimburse the Placement Agent for the reasonable documented and accountable fees and expenses of the Placement Agent’s counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the Firm Securities, and upon demand the Company shall pay the full amount thereof to the Placement Agent.

Appears in 2 contracts

Samples: Placement Agent Agreement (International Stem Cell CORP), Placement Agent Agreement (International Stem Cell CORP)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities Shares or Warrants included in the Units for delivery to the Purchasers Purchaser for any reason not permitted under this Agreement, (c) the Purchasers Purchaser shall decline to purchase the Securities Units for any reason permitted under this Agreement or (d) the sale of the Securities Units is not consummated because any condition to the obligations of the Purchasers Purchaser or the Placement Agent set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then then, in addition to the payment of amounts out-of-pocket expenses in accordance with Section 6 6, the Company shall reimburse the Placement Agent for the reasonable documented and accountable fees and expenses of the Placement Agent’s counsel and for such other accountable out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesUnits, and upon demand the Company shall pay the full amount thereof to the Placement Agent.

Appears in 2 contracts

Samples: Placement Agent Agreement (A123 Systems, Inc.), Placement Agent Agreement (Fuelcell Energy Inc)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, . (b) the Company shall fail to tender the Securities Units for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities Units for any reason permitted under this Agreement or (d) the sale of the Securities Units is not consummated because any condition to the obligations of the Purchasers or the Placement Agent set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition to the payment of amounts in accordance with Section 6 6. the Company shall reimburse the Placement Agent for the reasonable documented and accountable fees and expenses of the Placement Agent’s counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesUnits, and upon demand the Company shall pay the full amount thereof to the Placement Agent.

Appears in 1 contract

Samples: Placement Agent Agreement (Cyclacel Pharmaceuticals, Inc.)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender any of the Securities Shares for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities Shares for any reason permitted under this Agreement or (d) the sale of the Securities Shares is not consummated because any condition to the obligations of the Purchasers or the Placement Agent Agents set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition to the payment of amounts in accordance with Section 6 then, the Company shall reimburse the Placement Agent Agents for the reasonable and documented and accountable fees and expenses of the Placement Agent’s Agents’ counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase Offering up to a maximum aggregate amount of the Securities$100,000, and upon demand the Company shall pay the full amount thereof to the Representative on behalf of the Placement AgentAgents. The Representative acknowledges that the Company has advanced $50,000 to the Representative, which shall be applied against any reimbursement under this Section 10.

Appears in 1 contract

Samples: Placement Agent Agreement (Ampio Pharmaceuticals, Inc.)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities Shares for delivery to the Purchasers for any reason not permitted under this AgreementAgreement or the Subscription Agreements, (c) the Purchasers shall decline to purchase the Securities Shares for any reason permitted under this Agreement or (d) the sale of the Securities Shares is not consummated because any condition to the obligations of the Purchasers or the Placement Agent set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition to the payment of amounts in accordance with Section 6 6, the Company shall reimburse the Placement Agent for the reasonable and documented and accountable fees and expenses of the Placement Agent’s counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesShares, including, without limitation, travel and lodging expenses of the Placement Agent approved in advance by the Company, and upon demand the Company shall pay the full amount thereof to the Placement Agent.

Appears in 1 contract

Samples: Placement Agent Agreement (Hudson Technologies Inc /Ny)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities Stock for delivery to the Purchasers Purchaser for any reason not permitted under this Agreement or the Subscription Agreement, (c) the Purchasers Purchaser shall decline to purchase the Securities Stock for any reason permitted under this Agreement or the Subscription Agreement or (d) the sale of the Securities Stock is not consummated because any condition to the obligations of the Purchasers Placement Agent or the Placement Agent Purchaser set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition to the payment of amounts in accordance with Section 6 6, the Company shall reimburse the Placement Agent for the reasonable documented and accountable fees and expenses of the Placement Agent’s counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them it in connection with this Agreement and the proposed purchase of the SecuritiesStock, including, without limitation, travel and lodging expenses of the Placement Agent, and upon demand the Company shall pay the full amount thereof to the Placement AgentXxxx.

Appears in 1 contract

Samples: Placement Agent Agreement (Overland Storage Inc)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities Units for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities Units for any reason permitted under this Agreement or pursuant to their purchase obligations or (d) the sale of the Securities Units is not consummated because any condition to the obligations of the Purchasers Placement Agent or the Placement Agent Purchasers set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition to the payment of amounts in accordance with Section 6 6, the Company shall reimburse the Placement Agent for the reasonable documented and accountable fees and expenses of the Placement Agent’s counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them it in connection with this Agreement and the proposed purchase of the SecuritiesUnits, including, without limitation, travel and lodging expenses of the Placement Agent, and upon demand the Company shall pay the full amount thereof to the Placement Agent; provided that any such reimbursement shall be subject to the $100,000 aggregate limit set forth in Section 6.

Appears in 1 contract

Samples: Placement Agent Agreement (Anadys Pharmaceuticals Inc)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 912, (b) the Company shall fail to tender the Securities Stock for delivery to the Purchasers for any reason not permitted under this AgreementAgreement or the Subscription Agreements, (c) the Purchasers shall decline to purchase the Securities Stock for any reason permitted under this Agreement or the Subscription Agreements or (d) the sale of the Securities Stock is not consummated because any condition to the obligations of the Purchasers Placement Agent or the Placement Agent Purchasers set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition to the payment of amounts in accordance with Section 6 9, the Company shall reimburse the Placement Agent for the reasonable documented and accountable fees and expenses of the Placement Agent’s counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them it in connection with this Agreement and the proposed purchase of the SecuritiesStock, including, without limitation, travel and lodging expenses of the Placement Agent, and upon demand the Company shall pay the full amount thereof to the Placement AgentBMC.

Appears in 1 contract

Samples: Placement Agent Agreement (Universal Travel Group)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities Units for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities Units for any reason permitted under this Agreement or (d) the sale of the Securities Units is not consummated because any condition to the obligations of the Purchasers or the Placement Agent set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition to the payment of amounts in accordance with Section 6 the Company shall reimburse the Placement Agent for the reasonable documented and out-of-pocket accountable fees fees, costs and expenses of the Placement Agent’s counsel and for such other reasonable accountable out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesUnits, and upon demand demand, the Company shall pay the full amount thereof to the Placement Agent.

Appears in 1 contract

Samples: Placement Agent Agreement (Thermogenesis Corp)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities Shares for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities Shares for any reason permitted under this Agreement or (d) the sale of the Securities Shares is not consummated because any condition to the obligations of the Purchasers or the Placement Agent set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then then, in addition to the payment of any amounts in accordance with Section 6 6, the Company shall reimburse the Placement Agent for the reasonable documented and accountable fees and expenses of the Placement Agent’s counsel (such fees not to exceed $15,000 without prior written consent from the Company) and for such other accountable out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesShares, and upon demand the Company shall pay the full amount thereof to the Placement Agent.

Appears in 1 contract

Samples: Placement Agent Agreement (Arcadia Resources, Inc)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities Units for delivery to the Purchasers for any reason not permitted under this Agreement, (c) all of the Purchasers shall decline to purchase the Securities Units for any reason permitted under this Agreement or (d) the sale of the Securities Units is not consummated because any condition to the obligations of the Purchasers or the Placement Agent set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition to the payment of amounts in accordance with Section 6 6, the Company shall reimburse the Placement Agent for the reasonable documented and accountable fees and expenses of the Placement Agent’s counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesUnits, not to exceed $25,000 in the aggregate without the prior written consent of the Company, which consent shall not be unreasonably withheld, and upon demand the Company shall pay the full amount thereof to the Placement Agent.

Appears in 1 contract

Samples: Placement Agent Agreement (Arrowhead Research Corp)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities Stock for delivery to the Purchasers for any reason not permitted under this AgreementAgreement or the Subscription Agreements, (c) the Purchasers shall decline to purchase the Securities Stock for any reason permitted under this Agreement or (d) the sale of the Securities Stock is not consummated because any condition to the obligations of the Purchasers or the Placement Agent Agents set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition to the payment of amounts in accordance with Section 6 the Company shall reimburse the Placement Agent Agents for the reasonable documented and accountable fees and expenses of the Placement Agent’s Agents’ counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesStock, including, without limitation, travel and lodging expenses of the Placement Agents, and upon demand the Company shall pay the full amount thereof to the Placement Agent; provided, however, that such reimbursement obligations will not exceed $250,000 if the agreement has been terminated based on an event described in Section 7(o).

Appears in 1 contract

Samples: Placement Agent Agreement (Orient Express Hotels LTD)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities Units for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities Units for any reason permitted under this Agreement or (d) the sale of the Securities Units is not consummated because any condition to the obligations of the Purchasers or the Placement Agent set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition to the payment of amounts in accordance with Section 6 6, the Company shall reimburse the Placement Agent for the reasonable documented and out-of-pocket accountable fees fees, costs and expenses of the Placement Agent’s counsel and for such other reasonable accountable out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesUnits, and upon demand demand, the Company shall pay the full amount thereof to the Placement Agent.

Appears in 1 contract

Samples: Placement Agent Agreement (Thermogenesis Corp)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section SECTION 9, (b) the Company shall fail to tender the Securities Stock for delivery to the Purchasers Purchaser for any reason not permitted under this Agreement, (c) the Purchasers Purchaser shall decline to purchase the Securities Stock for any reason permitted under this Agreement or (d) the sale of the Securities Stock is not consummated because any condition to the obligations of the Purchasers Purchaser or the Placement Agent set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition to the payment of amounts in accordance with Section 6 SECTION 6, the Company shall reimburse the Placement Agent for the reasonable documented and accountable fees and expenses of the Placement Agent’s 's counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesStock, and upon demand the Company shall pay the full amount thereof to the Placement Agent.

Appears in 1 contract

Samples: Placement Agent Agreement (Enzo Biochem Inc)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities Units for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities Units for any reason permitted under this Agreement or (d) the sale of the Securities Units is not consummated because any condition to the obligations of the Purchasers or the Placement Agent set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition to the payment of amounts in accordance with Section 6 6, the Company shall reimburse the Placement Agent for the reasonable documented and accountable fees and expenses of the Placement Agent’s counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesUnits, and upon demand the Company shall pay the full amount thereof to the Placement Agent, not to exceed $100,000.

Appears in 1 contract

Samples: Placement Agent Agreement (Favrille Inc)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 98, (b) the Company shall fail to tender the Securities Units for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities Units for any reason permitted under this the Securities Purchase Agreement or (d) the sale of the Securities Units is not consummated because any condition to the obligations of the Purchasers or the Placement Agent Agents set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then then, in addition to the payment of amounts out-of-pocket expenses in accordance with Section 6 5, the Company shall reimburse the Placement Agent Agents for the reasonable documented and accountable fees and expenses of the Placement Agent’s Agents’ counsel and for such other accountable out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the Securities, and upon demand the Company shall pay the full amount thereof to the Representative on behalf of the Placement AgentAgents.

Appears in 1 contract

Samples: Placement Agency Agreement (Ekso Bionics Holdings, Inc.)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 98, (b) the Company shall fail to tender the Securities Shares for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities Shares for any reason permitted under this Agreement or (d) the sale of the Securities Shares is not consummated because any condition to the obligations of the Purchasers or the Placement Agent set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition to the payment of amounts in accordance with Section 6 5, the Company shall reimburse the Placement Agent for the reasonable documented and accountable fees and expenses of the Placement Agent’s counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesShares, and upon demand the Company shall pay the full amount thereof to the Placement Agent.

Appears in 1 contract

Samples: Placement Agency Agreement (Phoenix Technologies LTD)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 98, (b) the Company shall fail to tender the Securities Units for delivery to the Purchasers Investors for any reason not permitted under this Agreement, (c) the Purchasers Investors shall decline to purchase the Securities Units for any reason permitted under this Agreement or (d) the sale of the Securities Units is not consummated because any condition to the obligations of the Purchasers Investors or the Placement Agent set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition to the payment of amounts in accordance with Section 6 5(j), the Company shall reimburse the Placement Agent for the reasonable documented and accountable fees and expenses all of the Placement Agent’s counsel and for such other its actual out-of-pocket expenses as shall have been reasonably incurred by them in connection with the transactions contemplated by this Agreement Agreement, including the reasonable fees and the proposed purchase disbursements of the Securitiesits counsel, and upon demand the Company shall pay the full amount thereof to the Placement Agent.

Appears in 1 contract

Samples: Placement Agency Agreement (Amicus Therapeutics Inc)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities Stock for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities Stock for any reason permitted under this Agreement or (d) the sale of the Securities Stock is not consummated because any condition to the obligations of the Purchasers or the Placement Agent Agents set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition to the payment of amounts in accordance with Section 6 6, the Company shall reimburse the Placement Agent Representative for travel, the reasonable documented and accountable fees and expenses of the Placement AgentRepresentative’s counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesStock, up to an aggregate maximum of $50,000 for all such expenses and upon demand the Company shall pay the full amount thereof to the Placement AgentRepresentative.

Appears in 1 contract

Samples: Placement Agent Agreement (Kosan Biosciences Inc)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 98, (b) the Company shall fail to tender the Securities Shares for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities for any reason permitted under this Agreement or (dc) the sale of the Securities Shares is not consummated because any condition to the obligations of the Purchasers or the Placement Agent set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition to the payment of amounts in accordance with Section 6 5, the Company shall reimburse the Placement Agent for the reasonable documented and accountable fees and expenses of the Placement Agent’s counsel not to exceed $100,000 and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesShares, and upon demand the Company shall pay the full amount thereof to the Placement Agent.

Appears in 1 contract

Samples: Placement Agency Agreement (Fuel Systems Solutions, Inc.)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities Units for delivery to the Purchasers for any reason not permitted under this Agreement, (c) all of the Purchasers shall decline to purchase the Securities Units for any reason permitted under this Agreement or (d) the sale of the Securities Units is not consummated because any condition to the obligations of the Purchasers or the Placement Agent Agents set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition to the payment of amounts in accordance with Section 6 6, the Company shall reimburse the Placement Agent Agents for the reasonable documented and accountable fees and expenses of the Placement Agent’s Agents’ counsel as provided in Section 6 and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesUnits, and upon demand the Company shall pay the full amount thereof to the Placement AgentAgents.

Appears in 1 contract

Samples: Placement Agent Agreement (Columbia Laboratories Inc)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities Stock for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities Stock for any reason permitted under this Agreement or (d) the sale of the Securities Stock is not consummated because any condition to the obligations of the Purchasers or the Placement Agent set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition to the payment of amounts in accordance with Section 6 6, the Company shall reimburse the Placement Agent for the reasonable documented and accountable fees and expenses of the Placement Agent’s counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesStock, and upon demand the Company shall pay the full amount thereof to the Placement Agent.

Appears in 1 contract

Samples: Placement Agent Agreement (H&r Block Inc)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities Shares and the Warrants included in the Units for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities Shares and the Warrants included in the Units for any reason permitted under this Agreement or (d) the sale of the Securities Shares and the Warrants included in the Units is not consummated because any condition to the obligations of the Purchasers or the Placement Agent Agents set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition to the payment of amounts in accordance with Section 6 the Company shall reimburse the Placement Agent Agents for the reasonable documented and accountable fees and expenses of the Placement Agent’s Agents’ counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesUnits, and upon demand the Company shall pay the full amount thereof to the Placement AgentAgents.

Appears in 1 contract

Samples: Placement Agent Agreement (Intellipharmaceutics International Inc.)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 98, (b) the Company shall fail to tender the Securities Units for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities Units for any reason permitted under this Agreement or (d) the sale of the Securities Units is not consummated because any condition to the obligations of the Purchasers or the Placement Agent set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition to the payment of amounts in accordance with paragraphs (a), (b), (c), (e), (g), (h) and (k) of Section 6 5, the Company shall reimburse the Placement Agent an amount not to exceed $75,000 for the reasonable documented and accountable fees and expenses of the Placement Agent’s counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesUnits, and upon demand the Company shall pay the full amount thereof to the Placement Agent.

Appears in 1 contract

Samples: Placement Agency Agreement (Celsion CORP)

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REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities Units for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities Units for any reason permitted under this Agreement or the Subscription Agreement or (d) the sale of the Securities Units is not consummated because any condition to the obligations of the Purchasers or the Placement Agent set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then then, in addition to the payment of any amounts in accordance with Section 6 6, the Company shall reimburse the Placement Agent for the reasonable documented and accountable fees and expenses of the Placement Agent’s counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesUnits, and upon demand the Company shall pay the full amount thereof to the Placement Agent.

Appears in 1 contract

Samples: Placement Agent Agreement (Savient Pharmaceuticals Inc)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities Shares and the Warrants for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities Shares and the Warrants for any reason permitted under this Agreement or (d) the sale of the Securities Shares and the Warrants is not consummated because any condition to the obligations of the Purchasers or the Placement Agent set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition subject to the payment of amounts limitations set forth in accordance with Section 6 the Company shall reimburse the Placement Agent for the reasonable documented and accountable fees and expenses of the Placement Agent’s counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesShares and the Warrants, and upon demand the Company shall pay the full amount thereof to the Placement Agent.

Appears in 1 contract

Samples: Placement Agent Agreement (CorMedix Inc.)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities Stock for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities Stock for any reason permitted under this Agreement or (d) the sale of the Securities Stock is not consummated because any condition to the obligations of the Purchasers or the Placement Agent set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, other than by reason of default by the Placement Agent, then in addition to the payment of amounts in accordance with Section 6 6, the Company shall reimburse the Placement Agent for the reasonable documented and accountable fees and expenses of the Placement Agent’s counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesStock, and upon demand the Company shall pay the full amount thereof to the Placement Agent.

Appears in 1 contract

Samples: Placement Agent Agreement (Immunomedics Inc)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities Units for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities Units for any reason permitted under this Agreement or (d) the sale of the Securities Units is not consummated because any condition to the obligations of the Purchasers or the Placement Agent Agents set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition to the payment of amounts in accordance with Section 6 6, the Company shall reimburse the Placement Agent Agents for the reasonable documented and accountable fees and expenses of the Placement Agent’s Agents’ counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesUnits, and upon demand the Company shall pay the full amount thereof to the Placement AgentAgents.

Appears in 1 contract

Samples: Placement Agent Agreement (Cyclacel Pharmaceuticals, Inc.)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities Stock for delivery to the Purchasers Placement Agents for any reason not permitted under this Agreement, or (c) the Purchasers shall decline to purchase the Securities for any reason permitted under this Agreement or (d) the sale of the Securities Stock is not consummated because any condition to the obligations of the Purchasers or the Placement Agent Agents set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, other than by reason of a default by a Placement Agent, then in addition to the payment of amounts in accordance with Section 6 6, the Company shall reimburse the Placement Agent Agents for the reasonable documented and accountable fees and expenses of the Placement Agent’s Agents’ counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesStock, and upon demand the Company shall pay the full amount thereof to the Placement AgentAgents.

Appears in 1 contract

Samples: Placement Agent Agreement (Metabasis Therapeutics Inc)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 98, (b) the Company shall fail to tender the Securities Units for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities Units for any reason permitted under this Agreement or (d) the sale of the Securities Units is not consummated because any condition to the obligations of the Purchasers or the Placement Agent Agents set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then then, in addition to the payment of amounts out-of-pocket expenses in accordance with Section 6 5, the Company shall reimburse the Placement Agent Agents for the reasonable documented and accountable fees and expenses of the Placement Agent’s Agents’ counsel and for such other accountable out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesShares, and upon demand the Company shall pay the full amount thereof to the Representative on behalf of the Placement AgentAgents.

Appears in 1 contract

Samples: Placement Agency Agreement (Cytori Therapeutics, Inc.)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities Stock for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities Stock for any reason permitted under this Agreement or (d) the sale of the Securities Stock is not consummated because any condition to the obligations of the Purchasers or the Placement Agent Agents set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition to the payment of amounts in accordance with Section 6 6, the Company shall reimburse the Placement Agent for the reasonable documented and accountable fees and expenses of the Placement Agent’s Agents’ counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesStock, and upon demand the Company shall pay the full amount thereof to the Placement AgentAgents.

Appears in 1 contract

Samples: Placement Agent Agreement (Towerstream Corp)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section SECTION 9, (b) the Company shall fail to tender the Securities Stock for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities Stock for any reason permitted under this Agreement or (d) the sale of the Securities Stock is not consummated because any condition to the obligations of the Purchasers or the Placement Agent set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition to the payment of amounts in accordance with Section 6 SECTION 6, the Company shall reimburse the Placement Agent for the reasonable documented and accountable fees and expenses of the Placement Agent’s 's counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesStock, and upon demand the Company shall pay the full amount thereof to the Placement Agent.

Appears in 1 contract

Samples: Placement Agent Agreement (Enzo Biochem Inc)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities Shares and the Warrants for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities Shares and the Warrants for any reason permitted under this Agreement or (d) the sale of the Securities Shares and the Warrants is not consummated because any condition to the obligations of the Purchasers or the Placement Agent set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereofhereof then, then in addition subject to the payment of amounts in accordance with Section 6 limitations set forth below, the Company shall reimburse the Placement Agent for the reasonable documented and accountable fees and expenses of the Placement Agent’s counsel (to the extent documented), and for such other out-of-pocket expenses as shall have been reasonably incurred by them the Placement Agent in connection with this Agreement and the proposed purchase of the SecuritiesShares and the Warrants (to the extent documented by reasonably itemized invoices therefor) up to an aggregate of $65,000, and upon demand the Company shall pay the full amount thereof to the Placement Agent.

Appears in 1 contract

Samples: Placement Agent Agreement (Rock Creek Pharmaceuticals, Inc.)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities Shares and the Warrants for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities Shares and the Warrants for any reason permitted under this Agreement or (d) the sale of the Securities Shares and the Warrants is not consummated because any condition to the obligations of the Purchasers or the Placement Agent Agents set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition subject to the payment of amounts limitations set forth in accordance with Section 6 the Company shall reimburse each of the Placement Agent Agents for the reasonable documented and accountable fees and expenses of the Placement Agent’s Agents’ counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesShares and the Warrants, and upon demand the Company shall pay the full amount thereof to the Placement Agentthereof.

Appears in 1 contract

Samples: Placement Agent Agreement (Clean Diesel Technologies Inc)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities Shares for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities Shares for any reason permitted under this Agreement or (d) the sale of the Securities Shares is not consummated because any condition to the obligations of the Purchasers or the Placement Agent set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition subject to the payment of amounts limitations set forth in accordance with Section 6 the Company shall reimburse the Placement Agent for the reasonable documented and accountable fees and expenses of the Placement Agent’s counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesShares, and upon demand the Company shall pay the full amount thereof to the Placement Agentthereof.

Appears in 1 contract

Samples: Placement Agent Agreement (Remark Media, Inc.)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities Units for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities Units for any reason permitted under this Agreement or (d) the sale of the Securities Units is not consummated because any condition to the obligations of the Purchasers or the Placement Agent Agents set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition to the payment of amounts in accordance with Section 6 6, the Company shall reimburse the Placement Agent Agents for the reasonable documented and accountable reasonable, fees and expenses of the Placement Agent’s Agents’ counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesUnits, and upon demand the Company shall pay the full amount thereof to the Placement AgentAgents.

Appears in 1 contract

Samples: Placement Agent Agreement (Jazz Pharmaceuticals Inc)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender any of the Securities Shares and/or Warrants for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities Units for any reason permitted under this Agreement or (d) the sale of the Securities Units is not consummated because any condition to the obligations of the Purchasers or the Placement Agent Agents set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then then, in addition to the payment of any amounts in accordance with Section 6 6, the Company shall reimburse the Placement Agent Agents for the reasonable documented and accountable fees and expenses of the Placement Agent’s Agents’ counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesOffering, and upon demand the Company shall pay the full amount thereof to the Representative on behalf of the Placement AgentAgents.

Appears in 1 contract

Samples: Placement Agent Agreement (Cereplast Inc)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities for any reason permitted under this Agreement or (d) the sale of the Securities is not consummated because any condition to the obligations of the Purchasers or the Placement Agent Agents set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then then, in addition to the payment of any amounts in accordance with Section 6 6, the Company shall reimburse the Placement Agent Agents for the reasonable documented and accountable fees and expenses of the Placement Agent’s Agents’ counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the Securities, and upon demand the Company shall pay the full amount thereof to the Placement AgentAgents.

Appears in 1 contract

Samples: Placement Agent Agreement (Curis Inc)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities Units for delivery to the Purchasers for any reason not permitted under this AgreementAgreement or the Subscription Agreements, (c) the Purchasers shall decline to purchase the Securities Units for any reason permitted under this Agreement or (d) the sale of the Securities Units is not consummated because any condition to the obligations of the Purchasers or the Placement Agent set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition to the payment of amounts in accordance with Section 6 6, the Company shall reimburse the Placement Agent for the reasonable documented and accountable fees and expenses of the Placement Agent’s counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesUnits, including, without limitation, travel and lodging expenses of the Placement Agent, and upon demand the Company shall pay the full amount thereof to the Placement Agent, not to exceed $150,000.

Appears in 1 contract

Samples: Placement Agent Agreement (Pacific Ethanol, Inc.)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities Units for delivery to the Purchasers for any reason not permitted under this Agreementthe Subscription Agreement or herein, (c) the Purchasers shall decline to purchase the Securities Units for any reason permitted under this the Subscription Agreement or herein or (d) the sale of the Securities Units is not consummated because any condition to the obligations of the Purchasers or the Placement Agent set forth in the Subscription Agreement or herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition to the payment of amounts in accordance with Section 6 6, the Company shall reimburse the Placement Agent for the reasonable documented and accountable fees and expenses of the Placement Agent’s counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesUnits, and upon demand the Company shall pay the full amount thereof to the Placement Agent.

Appears in 1 contract

Samples: Placement Agent Agreement (Critical Therapeutics Inc)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities Shares for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities Shares for any reason permitted under this Agreement or (d) the sale of the Securities Shares is not consummated because any condition to the obligations of the Purchasers or the Placement Agent Agents set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition to the payment of amounts in accordance with Section 6 6, the Company shall reimburse the Placement Agent Representative for the reasonable documented and accountable fees and expenses of the Placement AgentRepresentative’s counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them it in connection with this Agreement and the proposed purchase of the SecuritiesShares, including, without limitations, travel and lodging expenses of the Representative, up to an aggregate maximum of $50,000 for all such fees and expenses and upon demand the Company shall pay the full amount thereof to the Placement AgentRepresentative.

Appears in 1 contract

Samples: Placement Agent Agreement (Medivation, Inc.)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities for any reason permitted under this Agreement or (d) the sale of the Securities is not consummated because any condition to the obligations of the Purchasers or the Placement Agent set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then then, in addition to the payment of any amounts in accordance with Section 6 6, the Company shall reimburse the Placement Agent for the reasonable documented and accountable fees and expenses of the Placement Agent’s counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the Securities, and upon demand the Company shall pay the full amount thereof to the Placement Agent.

Appears in 1 contract

Samples: Placement Agent Agreement (Globalstar, Inc.)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities Stock for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities Stock for any reason permitted under this Agreement or (d) the sale of the Securities Stock is not consummated because any condition to the obligations of the Purchasers or the Placement Agent Agents set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition to the payment of amounts in accordance with Section 6 6, the Company shall reimburse the Placement Agent for the reasonable documented and accountable fees and expenses of the Placement Agent’s Agents’ counsel and for such other documented out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesStock, and upon demand the Company shall pay the full amount thereof to the Placement AgentAgents.

Appears in 1 contract

Samples: Placement Agent Agreement (Towerstream Corp)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities Stock for delivery to the Purchasers for any reason not permitted under this AgreementAgreement or the Subscription Agreements, (c) the Purchasers shall decline to purchase the Securities Stock for any reason permitted under this Agreement or (d) the sale of the Securities Stock is not consummated because any condition to the obligations of the Purchasers or the Placement Agent set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition to the payment of amounts in accordance with Section 6 6, the Company shall reimburse the Placement Agent for the reasonable documented and accountable fees and expenses of the Placement Agent’s counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesStock, including, without limitation, travel and lodging expenses of the Placement Agent, and upon demand the Company shall pay the full amount thereof to the Placement Agent.

Appears in 1 contract

Samples: Placement Agent Agreement (Combinatorx, Inc)

REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES. Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities Notes for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities Notes for any reason permitted under this Agreement or (d) the sale of the Securities is Notes are not consummated because any condition to the obligations of the Purchasers or the Placement Agent Agents set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then then, in addition to the payment of amounts out-of-pocket expenses in accordance with Section 6 (but not in duplication thereof), the Company shall reimburse the Placement Agent Agents for the reasonable documented and accountable fees and expenses of the Placement Agent’s Agents’ counsel and for such other accountable out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the SecuritiesNotes, and upon demand the Company shall pay the full amount thereof to the Representative by or on behalf of the Placement Agent.Agents

Appears in 1 contract

Samples: Placement Agent Agreement (Harvest Natural Resources, Inc.)

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