Common use of Origination Fee Clause in Contracts

Origination Fee. Company is obligated to pay the Investor a non-refundable origination fee equal to Ten Thousand Dollars ($10,000) in cash. The Company agrees to pay to the Investor Ten Thousand Dollars ($10,000) in cash upon closing of the first Drawdown. Specifically, the Company agrees to pay this amount to the Investor in four equal installments of $2,500 each out of the first four drawdowns undertaken by the Company or at such earlier time as the Company,in its discretion, has the available resources to make such payment.

Origination Fee. The Company is obligated to pay the Investor a non-refundable origination fee equal to Ten Seven Thousand Five Hundred Dollars ($10,0007,500) in cash. The Company agrees to pay to the Investor Ten Thousand Dollars ($10,000) in cash upon closing execution of the first Drawdown. Specifically, the Company agrees to pay this initial term sheet (which it is hereby acknowledged that such amount to the Investor in four equal installments of $2,500 each out of the first four drawdowns undertaken was paid by the Company or at such earlier time as of the Company,in its discretion, has the available resources to make such paymentdate hereof).

Origination Fee. The Company is obligated to pay the Investor a non-refundable origination fee equal to Ten Fifteen Thousand Dollars ($10,00015,000) in cash. The Company agrees to pay to cash which will be paid as follows: a) Five Thousand Dollars ($5,000) in cash immediately upon execution of the Investor term sheet and b) Ten Thousand Dollars ($10,000) in cash upon closing of the first Drawdown. Specifically, the Company agrees to pay this amount to the Investor in four equal installments of $2,500 each be taken out of the proceeds from the first four drawdowns undertaken by the Company or at such earlier time as the Company,and any subsequent Advance Requests until that amount is paid in its discretion, has the available resources to make such paymentfull.

Origination Fee. The Company is obligated to pay the Investor a non-refundable origination fee equal to Fifteen Thousand Dollars ($15,000) which will be paid as follows: Five Thousand Dollars ($5,000) immediately upon execution of the term sheet and Ten Thousand Dollars ($10,000) in cash. The Company agrees to pay to the Investor Ten Thousand Dollars ($10,000) in cash upon closing will be due out of the first Drawdown. Specifically, the Company agrees to pay this amount to the Investor in four equal installments of $2,500 each proceeds out of the first four drawdowns undertaken by the Company or at such earlier time as the Company,in its discretion, has the available resources to make such paymentand any subsequent drawdown until this amount is met.

Origination Fee. The Company is obligated to pay the Investor a non-refundable origination fee equal to Ten Thousand Dollars TWO THOUSAND FIVE HUNDRED DOLLARS ($10,0002,500) in cash. The Company agrees to pay to which will be paid immediately upon execution of the Investor Ten Thousand Dollars Drawdown Equity Financing Facility term sheet and FIVE THOUSAND DOLLARS ($10,0005,000) in cash upon closing which will be taken out of the proceeds of the first Drawdown. Specifically, the Company agrees to pay this amount to the Investor in four equal installments of $2,500 each out of the first four drawdowns undertaken by the Company or at such earlier time as the Company,in its discretion, has the available resources to make such payment.

Origination Fee. Company is obligated to pay the Investor a non-refundable origination fee equal to Ten Fifteen Thousand Dollars ($10,00015,000) in cash. The Company has paid the Investor Five Thousand Dollars ($5,000) in cash. The Company agrees to pay to the Investor the remaining Ten Thousand Dollars ($10,000) in cash upon closing of the first Drawdown. Specifically, the Company agrees Drawdown or to pay immediately provide this amount to the Investor in four equal installments of $2,500 each out of the first four drawdowns undertaken by net proceeds of the Company or at such earlier time as initial and all subsequent Drawdowns until the Company,in its discretion, remaining portion of this fee has the available resources to make such paymentbeen met.

Origination Fee. The Company is obligated to pay the Investor a non-refundable origination fee equal to Ten Five Thousand Dollars ($10,000) in cash. The Company agrees to pay to the Investor Ten 5,000), which has been paid and Seven Thousand Five Hundred Dollars ($10,0007,500) in cash upon closing which will be taken out of the proceeds of the first Drawdown. Specifically, the Company agrees to pay this amount to the Investor in four equal installments of $2,500 each out of the first four drawdowns undertaken by the Company or at such earlier time as the Company,in its discretion, has the available resources to make such payment.

Origination Fee. The Company is obligated to pay the Investor a non-refundable origination fee equal to Ten Twelve Thousand and Five Hundred Dollars ($10,000) in cash. The Company agrees to pay to the Investor Ten Thousand Dollars ($10,00012,500) in cash upon closing which will be paid out of proceeds from the first Drawdown. Specifically, the Company agrees to pay this and any subsequent Drawdown(s) until that amount to the Investor is paid in four equal installments of $2,500 each out of the first four drawdowns undertaken by the Company or at such earlier time as the Company,in its discretion, has the available resources to make such paymentfull.

Origination Fee. The Company is obligated to pay the Investor a non-refundable origination fee equal to Ten Seven Thousand Five Hundred Dollars ($10,0007,500) in cash. The Company agrees to pay to which will be paid immediately upon execution of the Investor Ten Drawdown Equity Financing Facility term sheet and Seven Thousand Five Hundred Dollars ($10,0007,500) in cash upon closing which will be taken out of the proceeds of the first Drawdown. Specifically, the Company agrees to pay this amount to the Investor in four equal installments of $2,500 each out of the first four drawdowns undertaken by the Company or at such earlier time as the Company,in its discretion, has the available resources to make such payment.

Origination Fee. The Company is obligated to pay the Investor a non-refundable origination fee equal to Ten Two Thousand Dollars ($10,0002,000) in cash. The Company agrees to pay to which will be paid immediately upon execution of the Investor Ten Drawdown Equity Financing Facility term sheet and Eight Thousand Dollars ($10,0008,000) in cash upon closing which will be taken out of the proceeds of the first Drawdown. Specifically, the Company agrees to pay this amount to the Investor in four equal installments of $2,500 each out of the first four drawdowns undertaken by the Company or at such earlier time as the Company,in its discretion, has the available resources to make such payment.