Common use of Due Diligence Fee Clause in Contracts

Due Diligence Fee. The Company will pay a due diligence fee (“Due Diligence Fee”) to the lead investor or its designees (each a “Due Diligence Fee Recipient”) as described on Schedule 8(b). The aggregate Due Diligence Fee shall be equal to eight percent (8%) of the Purchase Price and Warrants (“Due Diligence Warrants”) as more fully described on Schedule 8(b) hereto. The cash portion of the Due Diligence Fee will be payable on each Closing Date out of funds held pursuant to the Escrow Agreement.

Due Diligence Fee. The Company will pay a due diligence fee (“Due Diligence Fee”) to the lead investor or its designees (each a “Due Diligence Fee Recipient”) as described on Schedule 8(b). The aggregate Due Diligence Fee shall be equal to eight five percent (85%) of the Purchase Price and Warrants (“Due Diligence Warrants”) as more fully described on Schedule 8(b) heretoPrice. The cash portion of the Due Diligence Fee will be payable on each the Closing Date out of funds held pursuant to the Escrow Agreement.

Due Diligence Fee. The Company will pay a due diligence fee (““ Due Diligence Fee”) to the lead investor or its designees (each a ““ Due Diligence Fee Recipient”) as described on Schedule 8(b)) . The aggregate Due Diligence Fee shall be equal to eight percent (8%) of the Purchase Price and Warrants (““ Due Diligence Warrants”) as more fully described on Schedule 8(b) hereto. The cash portion of the Due Diligence Fee will be payable on each Closing Date out of funds held pursuant to the Escrow Agreement.