Common use of Tail Clause in Contracts

Tail. Within 20 business days of the Termination Date, the Advisor shall deliver to the Company a list identifying all investors (not including prior investors) that Oceana had solicited in connection herewith (a “Tail Investor”). In the event the Company thereafter receives funding from any Tail Investor or an affiliate thereof, within 12 months of the Termination Date (the “Tail Period”), then the Company shall pay the Advisor the fee as described in Paragraph 3 (the “Tail Fee”). The Tail Fee shall apply to any Tail Investors, including their affiliates, and to any third party investor introduced to the Company by Tail Investors or affiliates thereof assuming such third party investor was not previously in discussions with the Company before such introduction.

Appears in 1 contract

Samples: Corporate Finance (Vistula Communications Services, Inc.)

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Tail. Within 20 business days of the Termination Date, the Advisor shall deliver to the Company a list identifying all investors (not including prior investors) that Oceana had solicited in connection herewith (a “Tail Investor”). In the event the Company thereafter receives funding from any Tail Investor or an affiliate thereof, within 12 nine months of the Termination Date (the “Tail Period”), then the Company shall pay the Advisor the fee as described in Paragraph 3 paragraph 4 (the “Tail Fee”). The Tail Fee shall apply to any Tail Investors, including their affiliates, and to any third party investor introduced to the Company by Tail Investors or affiliates thereof assuming such third party investor was not previously in discussions with the Company before such introduction.

Appears in 1 contract

Samples: Unity Wireless Corp

Tail. Within 20 business days of the Termination Date, the Advisor shall deliver to the Company a list identifying all investors (not including prior investors) that Oceana and any of its sub-advisors had solicited in connection herewith (a “Tail Investor”)herewith. In the event the Company thereafter receives funding from any Tail Oceana Investor or an affiliate thereof, within 12 18 months of the Termination Date (the “Tail Period”), then the Company shall pay the Advisor the fee as described in Paragraph 3 paragraph 4 (the “Tail Fee”). The Tail Fee shall apply to any Tail Oceana Investors, including their affiliates, and to any third party investor introduced to the Company by Tail Oceana Investors or affiliates thereof assuming such third party investor was not previously in discussions with the Company before such introduction.

Appears in 1 contract

Samples: Sweetskinz Holdings Inc

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Tail. Within 20 business days of the Termination Date, the Advisor shall deliver to the Company a list identifying all investors (not including prior investors) that Oceana and any of its sub-advisors had solicited in connection herewith (a “Tail Investor”)herewith. In the event the Company thereafter receives funding from any Tail Oceana Investor or an affiliate thereof, within 12 months 270 days of the Termination Date (the “Tail Period”), then the Company shall pay the Advisor the fee as described in Paragraph 3 paragraph 4 (the “Tail Fee”). The Tail Fee shall apply to any Tail Oceana Investors, including their affiliates, and to any third party investor introduced to the Company by Tail Oceana Investors or affiliates thereof assuming such third party investor was not previously in discussions with the Company before such introduction.

Appears in 1 contract

Samples: Cyberdefender Corp

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