Common use of Transaction Expense Amount Clause in Contracts

Transaction Expense Amount. The Company shall pay US$3,000.00 to the Company’s legal counsel to cover the preparation of the transaction documents contemplated herein and such fee shall be deducted from the gross proceeds of the Purchase Price funded to the Company at Closing. Additionally, the Company shall pay US$5,000.00 to the Buyer as an original issue discount (the “OID”). The OID been included in the Principal Amount of the Note and accordingly such Principal Amount of the Note is US$55,000.00.

Transaction Expense Amount. The Company shall pay US$3,000.00 2,000.00 to the Company’s legal counsel to cover the preparation of the transaction documents contemplated herein and such fee shall be deducted from the gross proceeds of the Purchase Price funded to the Company at Closing. Additionally, the Company shall pay US$5,000.00 3,500.00 to the Buyer as an original issue discount (the “OID”). The OID been included in the Principal Amount of the Note and accordingly such Principal Amount of the Note is US$55,000.0038,500.00.

Transaction Expense Amount. The Upon the First Closing, the Company shall pay US$3,000.00 $4,500.00 to the CompanyBuyer’s legal counsel to cover the for preparation of the transaction documents contemplated herein and such fee Transaction Documents (the “Transaction Expense Amounts”). The Transaction Expense Amounts shall be deducted from offset against the gross aggregate proceeds of the Purchase Price funded First Notes and shall be paid to Buyer’s legal counsel upon the Company at Closingexecution hereof. Additionally, the Company shall pay US$5,000.00 $8,300.00 to the each Buyer as an original issue discount (the “OID”). The OID has been included in the Principal Amount of the each First Note and accordingly as such the Principal Amount of the each First Note is US$55,000.00$91,300.00.

Transaction Expense Amount. The Upon the Closing, the Company shall pay US$$3,000.00 to the CompanyBuyer’s legal counsel to cover the for preparation of the transaction documents contemplated herein and such fee Transaction Documents (the “Transaction Expense Amounts”). The Transaction Expense Amounts shall be deducted from offset against the gross proceeds of the Purchase Price funded First Note and shall be paid to the Company at ClosingBuyer’s legal counsel upon the execution hereof. Additionally, the Company shall pay US$$5,000.00 to the Buyer as an original issue discount (the “OID”). The OID has been included in the Principal Amount of the First Note and accordingly as such the Principal Amount of the Note is US$55,000.00$105,000.00.

Transaction Expense Amount. The Upon the Closing, the Company shall pay US$3,000.00 to the CompanyBuyer’s legal counsel to cover the for preparation of the transaction documents contemplated herein and such fee Transaction Documents (the “Transaction Expense Amounts”). The Transaction Expense Amounts shall be deducted from offset against the gross proceeds of the Purchase Price funded Note and shall be paid to the Company at ClosingBuyer’s legal counsel upon the execution hereof. Additionally, the Company shall pay US$5,000.00 $7,500 to the Buyer as an original issue discount (the “OID”). The OID has been included in the Principal Amount of the Note and accordingly as such the Principal Amount of the Note is US$55,000.00$157,500.00.

Transaction Expense Amount. The Upon the First Closing, the Company shall pay US$3,000.00 $1,500.00 to the CompanyBuyer’s legal counsel to cover the for preparation of the transaction documents contemplated herein and such fee Transaction Documents (the “Transaction Expense Amounts”). The Transaction Expense Amounts shall be deducted from offset against the gross aggregate proceeds of the Purchase Price funded First Notes and shall be paid to Buyer’s legal counsel upon the Company at Closingexecution hereof. Additionally, the Company shall pay US$5,000.00 $4,500.00 to the each Buyer as an original issue discount (the “OID”). The OID has been included in the Principal Amount of the each First Note and accordingly as such the Principal Amount of the each First Note is US$55,000.00$31,000.00.