Common use of Structuring Fees Clause in Contracts

Structuring Fees. 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 will pay a structuring fee of Fifteen Thousand Dollars ($15,000) to Yorkville Advisors Management, LLC, which shall be paid directly from the gross proceeds of the First Closing of the Convertible Debenture transaction pursuant to the Securities Purchase Agreement dated the date hereof. Subsequently on each Advance Date, the Company will pay Yorkville Advisors Management, LLC a structuring fee of Five Hundred Dollars ($500) and any outstanding fees of Kirkpatrick & Lockhart, LLP direct▇▇ ▇▇▇ ▇▇▇ pro▇▇▇▇▇ ▇▇ any Advances hereunder.

Structuring Fees. 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 will pay a structuring fee of Fifteen Ten Thousand Dollars ($15,00010,000) to Yorkville Advisors Management, LLC, which shall be paid directly from the gross proceeds of the First Closing of the Convertible Debenture transaction pursuant to the Securities Purchase Agreement dated the date hereof. Subsequently on each Advance Date, the Company will pay Yorkville Advisors Management, LLC a structuring fee of Five Hundred Dollars ($500) and any outstanding fees directly out the proceeds of Kirkpatrick & Lockhart, LLP direct▇▇ ▇▇▇ ▇▇▇ pro▇▇▇▇▇ ▇▇ any Advances hereunder.

Structuring Fees. 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 upon the execution of this Agreement the Company will pay a structuring fee of Fifteen Thousand Dollars ($15,000) to Yorkville Advisors Management, LLC, of which Two Thousand Five Hundred Dollars ($2,500) has already been paid by the Company. Such fee shall be paid directly from the gross proceeds of the First Closing of the Convertible Debenture transaction pursuant to the Securities Purchase Agreement dated deemed fully earned on the date hereof. Subsequently on On each Advance Dateadvance date, the Company will pay Yorkville Advisors Management, LLC a structuring fee of Five Hundred Dollars ($500) and any outstanding fees directly out the proceeds of Kirkpatrick & Lockhart, LLP direct▇▇ ▇▇▇ ▇▇▇ pro▇▇▇▇▇ ▇▇ any Advances hereunder.

Structuring Fees. 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 will pay a structuring fee of Fifteen Thousand Dollars ($15,000) to Yorkville Advisors Management, LLC, of which Two Thousand Dollars ($2,000) was paid on June 19, 2005 and Thirteen Thousand Dollars ($13,000) shall be paid directly from the gross proceeds of the First Closing of the Convertible Debenture transaction pursuant to the Securities Purchase Agreement dated on the date hereof. Subsequently on each Advance Dateadvance date, the Company will pay Yorkville Advisors Management, LLC a structuring fee of Five Hundred Dollars ($500) and any outstanding fees directly out the proceeds of Kirkpatrick & Lockhart, LLP direct▇▇ ▇▇▇ ▇▇▇ pro▇▇▇▇▇ ▇▇ any Advances hereunder.

Structuring Fees. 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 (i) the Company will shall pay a structuring fee of Fifteen Twelve Thousand Five Hundred Dollars ($15,00012,500) to Yorkville Advisors ManagementAdvisors, LLC, of which Two Thousand Five Hundred Dollars ($2,500) has been paid, and the remaining balance shall be paid directly from the gross proceeds of the First Closing of the Convertible Debenture transaction pursuant to the Securities Purchase Agreement dated on the date hereof. Subsequently on , and (ii) On each Advance Date, the Company will shall pay Yorkville Advisors Management, LLC a structuring fee of Five Hundred Dollars ($500) and any outstanding fees directly out the gross proceeds of Kirkpatrick & Lockhart, LLP direct▇▇ ▇▇▇ ▇▇▇ pro▇▇▇▇▇ ▇▇ any Advances hereundereach Advance.

Structuring Fees. 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 will shall pay a structuring fee of in an amount not to exceed Fifteen Thousand Dollars ($15,000) ), to Yorkville Advisors Management, LLCthe Investor, which shall be paid directly from out of the gross proceeds of the First Closing of the Convertible Debenture transaction pursuant to the Securities Purchase Agreement dated the of even date hereof, issued to Highgate House Funds, Ltd by the Company. Subsequently on each Advance Dateadvance date, the Company will pay Yorkville Advisors Management, LLC a structuring fee of in an amount not to exceed Five Hundred Dollars ($500) and any outstanding fees ), directly out the proceeds of Kirkpatrick & Lockhart, LLP direct▇▇ ▇▇▇ ▇▇▇ pro▇▇▇▇▇ ▇▇ any Advances hereunder.

Structuring Fees. 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 will pay a structuring fee of Fifteen Thousand Dollars ($15,000) to Yorkville Advisors Management, LLC, which shall be paid directly from the gross proceeds of the First Closing of the Convertible Debenture transaction pursuant to the Securities Purchase Agreement dated the date hereof. Subsequently on each Advance Dateadvance date, the Company will pay Yorkville Advisors Management, LLC a structuring fee of Five Hundred Dollars ($500) and any outstanding fees of Kirkpatrick & Lockhart, LLP directdirec▇▇▇ ▇▇▇ ▇▇▇ pro▇▇▇▇▇ ▇▇ proceeds of any Advances hereunder.