Transaction Expense Amount. Upon the First Closing, the Company shall pay US$3,000.00 to the Buyer’s legal counsel for preparation of the Transaction Documents (the “Transaction Expense Amounts”). The Transaction Expense Amounts shall be offset against the proceeds of the First Notes and shall be paid to the Buyer’s legal counsel upon the execution hereof. Additionally, a 12% original issue discount has been added to the Principal Amount of each First Note.
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Samples: Securities Purchase Agreement (Edison Nation, Inc.), Securities Purchase Agreement (Edison Nation, Inc.)
Transaction Expense Amount. Upon the First Closing, the Company shall pay US$3,000.00 to the Buyer’s Buyers’ legal counsel for preparation of the Transaction Documents (the “Transaction Expense Amounts”). The Transaction Expense Amounts shall be offset against the proceeds of the First Notes and shall be paid to the Buyer’s Buyers’ legal counsel upon the execution hereof. Additionally, a 12an 8% original issue discount has been added to the Principal Amount of each First Note.
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Samples: Securities Purchase Agreement (Mphase Technologies Inc)
Transaction Expense Amount. Upon the First Closing, the Company shall pay US$3,000.00 1,500.00 to the Buyer’s legal counsel for preparation of the Transaction Documents (the “Transaction Expense Amounts”). The Transaction Expense Amounts shall be offset against the proceeds of the First Notes and shall be paid to the Buyer’s legal counsel upon the execution hereof. Additionally, a 12an 8% original issue discount has been added to the Principal Amount of each First Note.
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Samples: Securities Purchase Agreement (Mphase Technologies Inc)
Transaction Expense Amount. Upon the First Closing, the Company shall pay US$3,000.00 15,000.00 to the Buyer’s legal counsel for preparation of the Transaction Documents (the “Transaction Expense Amounts”). The Transaction Expense Amounts shall be offset against the proceeds of the First Notes and shall be paid to the Buyer’s legal counsel upon the execution hereof. Additionally, a 12% original issue discount $56,250.00 has been added to the Principal Amount of each the First NoteNote as part of the original issue discount.
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Transaction Expense Amount. Upon the First Closing, the Company shall pay US$$3,000.00 to the Buyer’s legal counsel for preparation of the Transaction Documents (the “Transaction Expense Amounts”). The Transaction Expense Amounts shall be offset against the proceeds of the First Notes Note and shall be paid to the Buyer’s legal counsel upon the execution hereof. Additionally, a 12% the Company shall pay $5,000.00 to the Buyer as an original issue discount (the “OID”). The OID has been added to included in the Principal Amount of each the First NoteNote and as such the Principal Amount of the Note is $105,000.00.
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