Common use of Transaction Expense Amount Clause in Contracts

Transaction Expense Amount. The Company shall pay in the aggregate $3,000.00 to the Buyers’ legal counsel for preparation of the Purchase Agreement, Notes, and related transaction documents (the “Transaction Expense Amount”). The Company shall pay an original issue discount to the Buyers on each Note in the amount of $4,500.00 (the “OID”). The OID has been added to the principal amount of the Notes and the Principal Amount of each Note is $104,500.00.

Transaction Expense Amount. The Upon the Closing, the Company shall pay in the aggregate $US$3,000.00 to the Buyers’ Buyer’s legal counsel for preparation of the Purchase Agreement, Notes, and related transaction documents Transaction Documents (the “Transaction Expense AmountAmounts”). The Transaction Expense Amounts shall be offset against the proceeds of the Note and shall be paid to the Buyer’s legal counsel upon the execution hereof. Additionally, the Company shall pay $7,500 to the Buyer as an original issue discount to the Buyers on each Note in the amount of $4,500.00 (the “OID”). The OID has been added to the principal amount of the Notes and included in the Principal Amount of each the Note and as such the Principal Amount of the Note is $104,500.00157,500.00.

Transaction Expense Amount. The Company shall pay in the aggregate $US$3,000.00 to the Buyers’ Company’s legal counsel for to cover the preparation of the Purchase Agreement, Notes, and related transaction documents (contemplated herein and such fee shall be deducted from the “Transaction Expense Amount”)gross proceeds of the Purchase Price funded to the Company at Closing. The Additionally, the Company shall pay US$5,000.00 to the Buyer as an original issue discount to the Buyers on each Note in the amount of $4,500.00 (the “OID”). The OID has been added to the principal amount of the Notes and included in the Principal Amount of each the Note and accordingly such Principal Amount of the Note is $104,500.00US$55,000.00.

Transaction Expense Amount. The Company shall pay in the aggregate $3,000.00 US$2,000.00 to the Buyers’ Company’s legal counsel for to cover the preparation of the Purchase Agreement, Notes, and related transaction documents (contemplated herein and such fee shall be deducted from the “Transaction Expense Amount”)gross proceeds of the Purchase Price funded to the Company at Closing. The Additionally, the Company shall pay US$3,500.00 to the Buyer as an original issue discount to the Buyers on each Note in the amount of $4,500.00 (the “OID”). The OID has been added to the principal amount of the Notes and included in the Principal Amount of each the Note and accordingly such Principal Amount of the Note is $104,500.00US$38,500.00.