Common use of Fee on Termination of Offering Clause in Contracts

Fee on Termination of Offering. Notwithstanding anything contained herein to the contrary, upon termination of the Offering, the Company shall: (A) pay and bear the expenses and fees to be paid and borne by the Company as provided for in Section 3.8.1 above, and (B) reimburse the Representatives for the full amount of its accountable out-of-pocket expenses actually incurred to such date (which shall include, but shall not be limited to, all fees and disbursements of the Representatives’ counsel, travel, lodging and other “road show” expenses, mailing, printing and reproduction expenses, and any expenses incurred by the Representatives in conducting their due diligence, including background checks of the Company’s officers and directors), up to an aggregate amount of $100,000, less the amounts previously paid and any amounts previously paid to the Representatives in reimbursement for such expenses. If applicable, the Representatives shall refund to the Company any portion of any advance previously received by the Representatives which is in excess of the accountable out-of-pocket expenses actually incurred to such date by the Representatives.

Appears in 5 contracts

Samples: Underwriting Agreement (Denali Capital Acquisition Corp.), Underwriting Agreement (Denali Capital Acquisition Corp.), Underwriting Agreement (Fortune Joy International Acquisition Corp)

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Fee on Termination of Offering. Notwithstanding anything contained herein to the contrary, upon termination of the Offering, the Company shall: (A) pay and bear the expenses and fees to be paid and borne by the Company as provided for in Section 3.8.1 above, and (B) reimburse the Representatives for the full amount of its accountable out-of-pocket expenses actually incurred to such date (which shall include, but shall not be limited to, all fees and disbursements of the Representatives’ counsel, travel, lodging and other “road show” expenses, mailing, printing and reproduction expenses, and any expenses incurred by the Representatives in conducting their due diligence, including background checks of the Company’s officers and directors), up to an aggregate amount of $100,000, less the amounts previously paid and any amounts previously paid to the Representatives in reimbursement for such expenses. If applicable, the Representatives shall refund to the Company any portion of any advance previously received by the Representatives which is in excess of the accountable out-of-pocket expenses actually incurred to such date by the Representatives.

Appears in 5 contracts

Samples: Underwriting Agreement (Feutune Light Acquisition Corp), Underwriting Agreement (Feutune Light Acquisition Corp), Underwriting Agreement (Feutune Light Acquisition Corp)

Fee on Termination of Offering. Notwithstanding anything contained herein to the contrary, upon termination of the Offering, the Company shall: (A) pay and bear the expenses and fees to be paid and borne by the Company as provided for in Section 3.8.1 above, and (B) reimburse the Representatives Representative for the full amount of its accountable out-of-pocket expenses actually incurred to such date (which shall include, but shall not be limited to, all fees and disbursements of the Representatives’ Representative’s counsel, travel, lodging and other “road show” expenses, mailing, printing and reproduction expenses, and any expenses incurred by the Representatives Representative in conducting their its due diligence, including background checks of the Company’s officers and directors), up to an aggregate amount of $100,00075,000, less the amounts previously paid and any amounts previously paid to the Representatives Representative in reimbursement for such expenses. If applicable, the Representatives Representative shall refund to the Company any portion of any advance previously received by the Representatives Representative which is in excess of the accountable out-of-pocket expenses actually incurred to such date by the RepresentativesRepresentative.

Appears in 4 contracts

Samples: Warrant Agreement (TradeUP Global Corp), Warrant Agreement (TradeUP Global Corp), Warrant Agreement (TradeUP 88 Corp.)

Fee on Termination of Offering. Notwithstanding anything contained herein to the contrary, upon termination of the Offering, the Company shall: (A) pay and bear the expenses and fees to be paid and borne by the Company as provided for in Section 3.8.1 3.10.1 above, and (B) reimburse the Representatives Representative for the full amount of its accountable out-of-pocket expenses actually incurred to such date (which shall include, but shall not be limited to, all fees and disbursements of the Representatives’ Representative’s counsel, travel, lodging and other “road show” expenses, mailing, printing and reproduction expenses, and any expenses incurred by the Representatives Representative in conducting their its due diligence, including background checks of the Company’s officers and directors), up to an aggregate amount of $100,000142,500, less the amounts previously paid and any amounts previously paid to the Representatives Representative in reimbursement for such expenses. If applicable, the Representatives Representative shall refund to the Company any portion of any advance previously received by the Representatives Representative which is in excess of the accountable out-of-pocket expenses actually incurred to such date by the RepresentativesRepresentative.

Appears in 4 contracts

Samples: Underwriting Agreement (Vistas Media Acquisition Co Inc.), Underwriting Agreement (Vistas Media Acquisition Co Inc.), Underwriting Agreement (Vistas Media Acquisition Co Inc.)

Fee on Termination of Offering. Notwithstanding anything contained herein to the contrary, upon termination of the Offering, the Company shall: (A) pay and bear the expenses and fees to be paid and borne by the Company as provided for in Section 3.8.1 above, and (B) reimburse the Representatives Representative for the full amount of its accountable out-of-pocket expenses actually incurred to such date (which shall include, but shall not be limited to, all fees and disbursements of the Representatives’ Representative’s counsel, travel, lodging and other “road show” expenses, mailing, printing and reproduction expenses, and any expenses incurred by the Representatives Representative in conducting their due diligence, including background checks of the Company’s officers and directors), up to an aggregate amount of $100,000, less the amounts previously paid and any amounts previously paid to the Representatives Representative in reimbursement for such expenses. If applicable, the Representatives Representative shall refund to the Company any portion of any advance previously received by the Representatives Representative which is in excess of the accountable out-of-pocket expenses actually incurred to such date by the RepresentativesRepresentative.

Appears in 3 contracts

Samples: Underwriting Agreement (99 Acquisition Group Inc.), Underwriting Agreement (99 Acquisition Group Inc.), Underwriting Agreement (99 Acquisition Group Inc.)

Fee on Termination of Offering. Notwithstanding anything contained herein to the contrary, upon termination of the Offering, the Company shall: (A) pay and bear the expenses and fees to be paid and borne by the Company as provided for in Section 3.8.1 above, and (B) reimburse the Representatives for the full amount of its accountable out-of-pocket expenses actually incurred to such date (which shall include, but shall not be limited to, all fees and disbursements of the Representatives’ counsel, travel, lodging and other “road show” expenses, mailing, printing and reproduction expenses, and any expenses incurred by the Representatives in conducting their due diligence, including background checks of the Company’s officers and directors), up to an aggregate amount of $100,00075,000, less the amounts previously paid and any amounts previously paid to the Representatives in reimbursement for such expenses. If applicable, the Representatives shall refund to the Company any portion of any advance previously received by the Representatives which is in excess of the accountable out-of-pocket expenses actually incurred to such date by the Representatives.

Appears in 3 contracts

Samples: Underwriting Agreement (Fortune Rise Acquisition Corp), Underwriting Agreement (Fortune Rise Acquisition Corp), Underwriting Agreement (Fortune Rise Acquisition Corp)

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Fee on Termination of Offering. Notwithstanding anything contained herein to the contrary, upon termination of the Offering, the Company shall: (A) pay and bear the expenses and fees to be paid and borne by the Company as provided for in Section 3.8.1 3.10.1 above, and (B) reimburse the Representatives Representative for the full amount of its accountable out-of-pocket expenses actually incurred to such date (which shall include, but shall not be limited to, all fees and disbursements of the Representatives’ Representative’s counsel, travel, lodging and other “road show” expenses, mailing, printing and reproduction expenses, and any expenses incurred by the Representatives Representative in conducting their its due diligence, including background checks of the Company’s officers and directors), up to an aggregate amount of $100,00075,000, less the amounts previously paid and any amounts previously paid to the Representatives Representative in reimbursement for such expenses. If applicable, the Representatives Representative shall refund to the Company any portion of any advance previously received by the Representatives Representative which is in excess of the accountable out-of-pocket expenses actually incurred to such date by the RepresentativesRepresentative.

Appears in 3 contracts

Samples: Underwriting Agreement (Good Works Acquisition Corp.), Underwriting Agreement (Good Works Acquisition Corp.), Underwriting Agreement (Good Works II Acquisition Corp.)

Fee on Termination of Offering. Notwithstanding anything contained herein to the contrary, except as a result of the Representatives’ or any underwriter’s breach or default with respect to any of its material obligations pursuant to this Agreement, upon termination of the Offering, Offering the Company shall: (A) reimburse the Representatives for, or otherwise pay and bear bear, the expenses and fees to be paid and borne by the Company as provided for in Section 3.8.1 Paragraph 3.13.1 above, as applicable, and (B) reimburse the Representatives for the full amount of its their accountable out-of-pocket expenses actually incurred to such date (which shall include, but shall not be limited to, all fees and disbursements of the Representatives’ counsel, travel, lodging and other “road show” expenses, mailing, printing and reproduction expenses, and any expenses incurred by the Representatives in conducting their due diligence, including background checks of the Company’s officers and directors), up to an aggregate amount of $100,000, less the amounts previously paid and any amounts previously paid to the Representatives in reimbursement for such expenses. If applicable, and solely in the event of a termination of this Offering, the Representatives shall refund to the Company any portion of any advance the Advance previously received by the Representatives which is in excess of the accountable out-of-pocket expenses actually incurred to such date by the Representatives.

Appears in 1 contract

Samples: Underwriting Agreement (BBV Vietnam S.E.A. Acquisition Corp.)

Fee on Termination of Offering. Notwithstanding anything contained herein to the contrary, upon termination of the Offering, the Company shall: (A) pay and bear the expenses and fees to be paid and borne by the Company as provided for in Section 3.8.1 3.10.1 above, and (B) reimburse the Representatives Representative for the full amount of its accountable out-of-pocket expenses actually incurred to such date (which shall include, but shall not be limited to, all fees and disbursements of the Representatives’ Representative’s counsel, travel, lodging and other “road show” expenses, mailing, printing and reproduction expenses, and any expenses incurred by the Representatives Representative in conducting their its due diligence, including background checks of the Company’s officers and directors), up to an aggregate amount of $100,000[75,000], less the amounts previously paid and any amounts previously paid to the Representatives Representative in reimbursement for such expenses. If applicable, the Representatives Representative shall refund to the Company any portion of any advance previously received by the Representatives Representative which is in excess of the accountable out-of-pocket expenses actually incurred to such date by the RepresentativesRepresentative.

Appears in 1 contract

Samples: Underwriting Agreement (Good Works II Acquisition Corp.)

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