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 to the Investor, a structuring fee in the amount of $25,000 and the Company shall pay a commitment fee in an amount equal to 0.75% of the Commitment Amount (the “Commitment Fee”) by the issuance to the Investor, on the Effective Date such number of Common Shares that is equal to the Commitment Fee divided by the average of the daily VWAPs of the Common Shares during the 3 Trading Days immediately prior to the Effective Date (collectively, the “Commitment Shares”).

Appears in 2 contracts

Sources: Standby Equity Purchase Agreement (LeddarTech Holdings Inc.), Standby Equity Purchase Agreement (LeddarTech Holdings 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 to the Investor, Investor or its designee a structuring fee in the amount of $25,000 US$25,000, and the Company shall pay a commitment fee in an amount equal to 0.752.00% of the Commitment Amount (the "Commitment Fee") by the issuance to the Investor, Investor on the Effective Date of such number of Common Shares that is equal to the Commitment Fee divided by the average of the daily VWAPs of the Common Shares during the 3 Trading Days immediately prior to the Effective Date (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 (Medicus Pharma 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 to the Investor, Investor or its designee a structuring fee in the amount of $25,000 25,000, and the Company shall pay a commitment fee in an amount equal to 0.751.25% of the Commitment Amount (the “Commitment Fee”) by the issuance to the Investor, Investor on the Effective Date of such number of Common Shares that is equal to the Commitment Fee divided by the average of the daily VWAPs of the Common Shares during the 3 Trading Days immediately prior to the Effective Date (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 (Indaptus Therapeutics, 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 to the Investor, a structuring fee in the amount of $25,000 10,000, and the Company shall pay a commitment fee in an amount equal to 0.75% of the Commitment Amount (the “Commitment Fee”) by the issuance to the Investor, Investor on the Effective Date of such number of Common Ordinary Shares that is equal to the Commitment Fee divided by the average of the daily VWAPs of the Common Ordinary Shares during the 3 Trading Days immediately prior to the Effective Date (collectively, the “Commitment Shares”).

Appears in 1 contract

Sources: Standby Equity Purchase Agreement (Rail Vision Ltd.)