Common use of Commitment and Structuring Fee Clause in Contracts

Commitment and Structuring Fee. 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 has paid the Investor or its designee a structuring fee in the amount of $25,000, and the Company shall pay to the Investor a commitment fee in an amount equal to 0.75% of the Commitment Amount by the issuance to the Investor within three Trading Days of the Effective Date of 42,158 Common Shares (collectively, the “Commitment Shares”). The Commitment Shares issued hereunder shall be included on the initial Registration Statement.

Appears in 2 contracts

Sources: Standby Equity Purchase Agreement (Quantum Corp /De/), Standby Equity Purchase Agreement (Quantum Corp /De/)

Commitment and Structuring Fee. 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 has paid the Investor or its designee a structuring fee in the amount of $25,000, and the Company shall pay to the Investor a commitment fee in an amount equal to 0.75% of (the Commitment Amount Fee”) by the issuance of 1,000,000 Ordinary Shares (the “Commitment Shares”) to the Investor within three Trading Days of the Effective Date of 42,158 Common Shares (collectively, the “Commitment Shares”). The Commitment Shares issued hereunder shall be included on the initial Registration StatementDate.

Appears in 2 contracts

Sources: Standby Equity Purchase Agreement (Lilium N.V.), Standby Equity Purchase Agreement (Lilium N.V.)

Commitment and Structuring Fee. Each of the parties 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 . The Company has previously paid the Investor or its designee a structuring fee in the amount of $25,000, and the Company shall pay to the Investor a commitment fee in an amount equal to 0.750.50% of the Commitment Amount (the “Commitment Fee”) by the issuance to the Investor within three Trading Days of 64,103 Common Shares prior to the Effective Date of 42,158 Common Shares (collectively, the “Commitment Shares”). The Commitment Shares issued hereunder shall be included on the initial Registration Statement.

Appears in 1 contract

Sources: Standby Equity Purchase Agreement (Envirotech Vehicles, Inc.)

Commitment and Structuring Fee. 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 has paid shall pay to the Investor or its designee Investor, a structuring fee in the amount of $25,000, and the Company shall pay to the Investor a commitment fee in an amount equal to 0.75% of the Commitment Amount by the issuance to the Investor within three Trading Days of the Effective Date of 42,158 Common Shares (collectively, the “Commitment Shares”). The Commitment Shares issued hereunder which shall be included paid on the initial Registration Statementdate hereof.

Appears in 1 contract

Sources: Standby Equity Purchase Agreement (SaverOne 2014 Ltd.)

Commitment and Structuring Fee. 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 has paid the Investor or its designee a structuring and due diligence fee in the amount of $25,00050,000, and within three days of the date hereof the Company shall pay issue to the Investor a commitment fee in an amount equal to 0.75% of the Commitment Amount by the issuance to the Investor within three Trading Days of the Effective Date of 42,158 175,000 Common Shares (collectively, the “Commitment Shares”)) as a commitment fee. The Commitment Shares issued issuable hereunder shall be included on the initial Registration Statement.

Appears in 1 contract

Sources: Standby Equity Purchase Agreement (SunPower Inc.)