Common use of Structuring Fees Clause in Contracts

Structuring Fees. Each of the parties shall pay its own fees and expenses (including the fees of any attorneys, accountants, appraisers or others engaged by such party) in connection with this Agreement and the transactions contemplated hereby, except that the Company will pay a structuring fee of Ten Thousand Dollars ($10,000) to Yorkville Advisors Management, LLC, which shall be paid directly from the gross proceeds of the First Closing of the Convertible Debenture transaction pursuant to the Securities Purchase Agreement dated the date hereof. Subsequently on each advance date, the Company will pay Yorkville Advisors Management, LLC a structuring fee of Five Hundred Dollars ($500) and any outstanding fees of Xxxxxxxxxxx & Xxxxxxxx, LLP directly out the proceeds of any Advances hereunder.

Structuring Fees. Each of the parties shall pay its own fees and expenses (including the fees of any attorneys, accountants, appraisers or others engaged by such party) in connection with this Agreement and the transactions contemplated hereby, except that the Company will pay a structuring fee of Ten Thousand Dollars ($10,000) to Yorkville Advisors Management, LLC, which LLC for structuring fees shall be paid directly from the gross proceeds of the First Closing of the Convertible Debenture transaction pursuant to the Securities Purchase Agreement dated the date hereof. Subsequently on each advance date, the Company will pay Yorkville Advisors Management, LLC a structuring fee LLC, the sum of Five Hundred Dollars ($500) for structuring fees and any outstanding fees of Xxxxxxxxxxx Kirkpatrick & XxxxxxxxLockhart Nicholson Gxxxxx, LLP directly out the proceeds of XXX dirxxxxx xxt xxx xxxxxxxx xx any Advances hereunder.

Structuring Fees. Each of the parties shall pay its own fees and expenses (including the fees of any attorneys, accountants, appraisers or others engaged by such party) in connection with this Agreement and the transactions contemplated hereby, except that the Company will pay a structuring fee of Ten Thousand Dollars ($10,000) to Yorkville Advisors Management, LLC, which LLC for structuring fees shall be paid directly from the gross proceeds of the First Closing of the Convertible Debenture transaction pursuant to the Securities Purchase Agreement dated the date hereof. Subsequently on each advance date, the Company will pay Yorkville Advisors Management, LLC a structuring fee LLC, the sum of Five Hundred Dollars ($500) for structuring fees and any outstanding fees of Xxxxxxxxxxx Kirkpatrick & XxxxxxxxLockhart, LLP directly out the proceeds of directxx xxx xxx proxxxxx xx any Advances hereunder.