Common use of Buyer’s Expenses Clause in Contracts

Buyer’s Expenses. In the event the Company or the Buyers elect not to effect the Closing for any reason, the Company shall pay $5,000 in cash to the Buyers for the Buyers’ legal, administrative and due diligence expenses. Except as provided in the immediately preceding sentence, the Company and the Buyers shall be responsible for paying such party’s own fees and expenses (including legal expenses) incurred in connection with the preparation and negotiation of this Agreement and the other Transaction Documents and the closing of the transactions contemplated hereby and thereby.

Appears in 1 contract

Samples: Securities Purchase Agreement (Ensurge Inc)

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Buyer’s Expenses. In the event the Company or the Buyers elect Buyer elects not to effect the Closing for any reason, the Company shall pay $5,000 7,500 in cash to the Buyers Buyer for the Buyers’ Buyer’s legal, administrative and due diligence expenses. Except as provided in the immediately preceding sentence, and except for $7,500 which has been added to and included in the principal amount of the Note for the Buyer’s legal, administrative and due diligence expenses, the Company and the Buyers Buyer shall be responsible for paying such party’s own fees and expenses (including legal expenses) incurred in connection with the preparation and negotiation of this Agreement and the other Transaction Documents and the closing of the transactions contemplated hereby and thereby.

Appears in 1 contract

Samples: Securities Purchase Agreement (Puramed Bioscience Inc.)

Buyer’s Expenses. In the event the Company or the Buyers elect Buyer elects not to effect the Closing for any reason, the Company shall pay $5,000 15,000 in cash to the Buyers Buyer for the Buyers’ Buyer’s legal, administrative and due diligence expenses. Except as provided in the immediately preceding sentence, and except for $15,000 which has been added to and included in the principal amount of Note #1 for the Buyer’s legal, administrative and due diligence expenses, the Company and the Buyers Buyer shall be responsible for paying such party’s own fees and expenses (including legal expenses) incurred in connection with the preparation and negotiation of this Agreement and the other Transaction Documents and the closing of the transactions contemplated hereby and thereby.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (World Series of Golf, Inc.)

Buyer’s Expenses. In the event the Company or the Buyers elect Buyer elects not to effect the effectthe Closing for any reason, the Company shall pay $5,000 15,000 in cash to the Buyers Buyer for the Buyers’ Buyer’s legal, administrative and due diligence expenses. Except as provided in the immediately preceding sentence, and except for $15,000 which has been added to and included in the principal amount of Company Note #1for the Buyer’s legal, administrative and due diligence expenses, the Company and the Buyers Buyer shall be responsible for paying such party’s own fees and expenses (including legal expenses) incurred in connection with the preparation and negotiation of this Agreement and the other Transaction Documents and the closing of the transactions contemplated hereby and thereby.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (A5 Laboratories Inc.)

Buyer’s Expenses. In the event the Company or the Buyers elect Buyer elects not to effect the Closing for any reason, the Company shall pay $5,000 10,000 in cash to the Buyers Buyer for the Buyers’ Buyer’s legal, administrative and due diligence expenses. Except as provided in the immediately preceding sentence, and except for $5,000 which has been previously paid to the Buyer for the Buyer’s legal, administrative and due diligence expenses, the Company and the Buyers Buyer shall be responsible for paying such party’s own fees and expenses (including legal expenses) incurred in connection with the preparation and negotiation of this Agreement and the other Transaction Documents and the closing of the transactions contemplated hereby and thereby.

Appears in 1 contract

Samples: Securities Purchase Agreement (Sunvalley Solar, Inc.)

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Buyer’s Expenses. In the event the Company or the Buyers elect Buyer elects not to effect the Closing for any reason, the Company shall pay $5,000 in cash to the Buyers Buyer for the Buyers’ Buyer’s legal, administrative and due diligence expenses. Except as provided in the immediately preceding sentence, and except for $5,000 which has been added to and included in the principal amount of the Note for the Buyer’s legal, administrative and due diligence expenses, the Company and the Buyers Buyer shall be responsible for paying such party’s own fees and expenses (including legal expenses) incurred in connection with the preparation and negotiation of this Agreement and the other Transaction Documents and the closing of the transactions contemplated hereby and thereby.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Global Health Ventures Inc.)

Buyer’s Expenses. In the event the Company or the Buyers elect Buyer elects not to effect the Closing for any reason, the Company shall pay $5,000 10,000 in cash to the Buyers Buyer for the Buyers’ Buyer’s legal, administrative and due diligence expenses. Except as provided in the immediately preceding sentence, and except for the fees required to be paid by the Company to the Buyer pursuant to Section 2.3 for Buyer’s legal, administrative and due diligence expenses, the Company and the Buyers Buyer shall be responsible for paying such party’s own fees and expenses (including legal expenses) incurred in connection with the preparation and negotiation of this Agreement and the other Transaction Documents and the closing of the transactions contemplated hereby and thereby.

Appears in 1 contract

Samples: Securities Purchase Agreement (Silver Falcon Mining, Inc.)

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