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 Twenty Five Thousand Dollars ($25,000) to Yorkville Advisors Management, LLC, which shall be paid and deducted from the gross proceeds of the Initial Closing of the Promissory Note of even date herewith. Subsequently on each advance date, the Company will pay Yorkville Advisors Management, LLC a structuring fee of Five Hundred Dollars ($500) directly out the proceeds of any Advances hereunder.

Appears in 2 contracts

Sources: Standby Equity Distribution Agreement (Connected Media Technologies, Inc.), Standby Equity Distribution Agreement (Trust Licensing, Inc., F/K/a New Mountaintop CORP)

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 Twenty Five Fifteen Thousand Dollars ($25,00015,000) to Yorkville Advisors ManagementAdvisors, LLC, of which $5,000 has been paid prior to the date hereof, and the remaining $10,000 shall be paid on the date hereof, and deducted from the gross proceeds of the Initial Closing of the Promissory Note of even date herewith. Subsequently on (ii) On each advance dateAdvance Date, the Company will shall pay Yorkville Advisors ManagementAdvisors, LLC a structuring fee of Five Hundred Dollars ($500) directly out the gross proceeds of any Advances hereundereach Advance.

Appears in 2 contracts

Sources: Standby Equity Distribution Agreement (Colorado Goldfields Inc.), Standby Equity Distribution Agreement (Colorado Goldfields Inc.)

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 Twenty Five Fifteen Thousand Dollars ($25,00015,000) to Yorkville Advisors Management, LLC, which shall be paid and deducted directly from the gross proceeds of the Initial Closing of closing pursuant to the Promissory Note of even Securities Purchase Agreement dated the date herewithhereof. Subsequently on each advance date, the Company will pay Yorkville Advisors Management, LLC a structuring fee of Five Hundred Dollars ($500) directly out the and any outstanding fees of Kirkpatrick & Lockhart, ▇▇▇ ▇▇▇▇▇▇ly ▇▇▇ ▇▇▇ proceeds of any Advances hereunder.

Appears in 1 contract

Sources: Standby Equity Distribution Agreement (Kronos Advanced Technologies Inc)

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 Twenty Five Fifteen Thousand Dollars ($25,00015,000) to Yorkville Advisors Management, LLC, of which $5,000 was due and payable as of the date of the term sheet, and $10,000 shall be paid and deducted from on the gross proceeds of the Initial Closing of the Promissory Note of even date herewithhereof. Subsequently on each advance date, the Company will pay Yorkville Advisors Management, LLC a structuring fee of Five Hundred Dollars ($500) directly out the proceeds of any Advances hereunder.

Appears in 1 contract

Sources: Standby Equity Distribution Agreement (Innova Holdings)