Common use of Reimbursement Fee Clause in Contracts

Reimbursement Fee. Contemporaneous herewith, the Company shall pay to the Purchasers an aggregate of $20,000 in readily available funds, representing (i) the remainder of the Reimbursement Fee provided for in Section 2.18 of the First Amendment and (ii) an agreed -------------------------------------------------------------------------------- AGREEMENT AND SECOND AMENDMENT TO BRIDGE SECURITIES PURCHASE AGREEMENT - PAGE 8 (Visual Edge Systems Inc.) upon reimbursement of estimated fees and expenses incurred by the Purchasers in connection with the First Amendment and this Amendment.

Appears in 2 contracts

Sources: Bridge Securities Purchase Agreement (Visual Edge Systems Inc), Bridge Securities Purchase Agreement (Visual Edge Systems Inc)