Common use of Transaction Expense Amount Clause in Contracts

Transaction Expense Amount. Upon Closing, the Company shall pay Buyer’s legal counsel the Buyer’s legal fees incurred in connection herewith (the “Transaction Expense Amount”) pursuant to Section 4(e). The Transaction Expense Amount shall be offset against the proceeds of the Note and shall be paid to Buyer upon the execution hereof.

Appears in 16 contracts

Samples: Securities Purchase Agreement (NovAccess Global Inc.), Securities Purchase Agreement (Growlife, Inc.), Securities Purchase Agreement (NovAccess Global Inc.)

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Transaction Expense Amount. Upon Closing, the Company shall pay Buyer’s legal counsel the Buyer’s legal fees incurred in connection herewith (the “Transaction Expense Amount”) pursuant to Section 4(e). The Transaction Expense Amount , which amount shall be offset against the proceeds of the Note and shall be paid to Buyer upon the execution hereofat Closing.

Appears in 1 contract

Samples: Securities Purchase Agreement (Mphase Technologies, Inc.)

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