Common use of Transaction Fees Clause in Contracts

Transaction Fees. The Company agrees to pay to Buyer a transaction advisory fee equal to four percent (4%) of the amount of the Debentures purchased by Buyer at the First Closing, which fee shall be due and payable on the Effective Date and withheld from the gross purchase price paid by Buyer for the Debentures. In the event of any Additional Closings, the Company shall pay to Buyer a transaction advisory fee equal to two percent (2%) of the amount of the Debentures purchased by Buyer at any such Additional Closings, which fee shall be due and payable upon such Additional Closing and withheld from the gross purchase price paid by Buyer for the Debentures at such Additional Closing.

Appears in 6 contracts

Samples: Securities Purchase Agreement (POSITIVEID Corp), Securities Purchase Agreement (Revolutions Medical CORP), Consent and Agreement (Medytox Solutions, Inc.)

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Transaction Fees. The Company agrees to pay to Buyer a transaction advisory fee equal to four two percent (42%) of the amount of the Debentures purchased by Buyer at the First Closing, which fee shall be due and payable on the Effective Date and withheld from the gross purchase price paid by Buyer for the Debentures. In the event of any Additional Closings, the Company shall pay to Buyer a transaction advisory fee equal to two percent (2%) of the amount of the Debentures purchased by Buyer at any such Additional Closings, which fee shall be due and payable upon such Additional Closing and withheld from the gross purchase price paid by Buyer for the Debentures at such Additional Closing.

Appears in 2 contracts

Samples: Consent and Agreement (Growlife, Inc.), Securities Purchase Agreement (Osl Holdings, Inc.)

Transaction Fees. The Company agrees to pay to Buyer a transaction advisory fee equal to four percent (4%) of the amount of the Debentures purchased by Buyer at the First Closing, which fee shall be due and payable on the Effective Date and withheld from the gross purchase price paid by Buyer for the Debentures. In the event of any Additional Closings, the Company shall pay to Buyer a transaction advisory fee equal to two four percent (24%) of the amount of the Debentures purchased by Buyer at any such Additional Closings, which fee shall be due and payable upon such Additional Closing and withheld from the gross purchase price paid by Buyer for the Debentures at such Additional Closing.

Appears in 1 contract

Samples: Securities Purchase Agreement (American Natural Energy Corp)

Transaction Fees. The Company agrees Credit Parties agree to pay to Buyer a transaction advisory fee equal to four two percent (42%) of the amount of the Debentures purchased by Buyer at the First Closing, which fee shall be due and payable on the Effective Date and withheld from the gross purchase price paid by Buyer for the Debentures. In the event of any Additional Closings, the Company Credit Parties shall pay to Buyer a transaction advisory fee equal to two percent (2%) of the amount of the Debentures purchased by Buyer at any such Additional Closings, which fee shall be due and payable upon such Additional Closing and withheld from the gross purchase price paid by Buyer for the Debentures at such Additional Closing.

Appears in 1 contract

Samples: Consent and Agreement (Fat Brands, Inc)

Transaction Fees. The Company agrees to pay to Buyer a transaction advisory fee equal to four one percent (41%) of the amount of the Debentures purchased by Buyer at the First ClosingClosing (not including the Fee Debentures), which fee shall be due and payable on the Effective Date and withheld from the gross purchase price paid by Buyer for the Debentures. In the event of any Additional Closings, the Company and the Buyer shall pay agree to Buyer a mutually acceptable transaction advisory fee equal to two percent (2%) of the amount of the Debentures purchased by Buyer at any such Additional Closingsfee, which fee shall be due and payable upon such Additional Closing and withheld from the gross purchase price paid by Buyer for the Debentures at such Additional Closing.

Appears in 1 contract

Samples: Securities Purchase Agreement (NewLead Holdings Ltd.)

Transaction Fees. The Company agrees to pay to Buyer a transaction advisory fee equal to four six percent (46%) of the amount of the Debentures purchased by Buyer at the First Closing, which fee shall be due and payable on the Effective Date and withheld from the gross purchase price paid by Buyer for the Debentures. In the event of any Additional Closings, the Company shall pay to Buyer a transaction advisory fee equal to two six percent (26%) of the amount of the Debentures purchased by Buyer at any such Additional Closings, which fee shall be due and payable upon such Additional Closing and withheld from the gross purchase price paid by Buyer for the Debentures at such Additional Closing.

Appears in 1 contract

Samples: Securities Purchase Agreement (Sionix Corp)

Transaction Fees. The Company agrees to pay to Buyer a transaction advisory fee equal to four three percent (43%) of the amount of the Debentures purchased by Buyer at the First Closing, which fee shall be due and payable on the Effective Date and withheld from the gross purchase price paid by Buyer for the Debentures. In the event of any Additional Closings, the Company shall pay to Buyer a transaction advisory fee equal to two percent (2%) of the amount of the Debentures purchased by Buyer at any such Additional Closings, which fee shall be due and payable upon such Additional Closing and withheld from the gross purchase price paid by Buyer for the Debentures at such Additional Closing.

Appears in 1 contract

Samples: Securities Purchase Agreement (Tootie Pie Company, Inc.)

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Transaction Fees. The Company agrees to pay to Buyer a transaction advisory fee equal to four one percent (41%) of the amount of the Debentures purchased by Buyer at the First Closing, which fee shall be due and payable on the Effective Date and withheld from the gross purchase price paid by Buyer for the Debentures. In the event of any Additional Closings, the Company shall pay to Buyer a transaction advisory fee equal to two one percent (21%) of the amount of the Debentures purchased by Buyer at any such Additional Closings, which fee shall be due and payable upon such Additional Closing and withheld from the gross purchase price paid by Buyer for the Debentures at such Additional Closing.

Appears in 1 contract

Samples: Consent and Agreement (Star Mountain Resources, Inc.)

Transaction Fees. The Company agrees to pay to Buyer a transaction advisory fee equal to four two percent (42%) of the amount of the Debentures purchased by Buyer at the First Closing, which fee shall be due and payable on the Effective Date and withheld from the gross purchase price paid by Buyer for the Debentures. In the event of any Additional Closings, the Company shall pay to Buyer a transaction advisory fee equal to two one percent (21%) of the amount of the Debentures purchased by Buyer at any such Additional Closings, which fee shall be due and payable upon such Additional Closing and withheld from the gross purchase price paid by Buyer for the Debentures at such Additional Closing.

Appears in 1 contract

Samples: Consent and Agreement (Mota Group, Inc.)

Transaction Fees. The Company agrees to pay to Buyer a transaction advisory fee equal to four six percent (46%) of the amount of the Debentures purchased by Buyer at the First Closing, which fee shall be due and payable on the Effective Date and withheld from the gross purchase price paid by Buyer for the Debentures. In the event of any Additional Closings, the Company shall pay to Buyer a transaction advisory fee equal to two four percent (24%) of the amount of the Debentures purchased by Buyer at any such Additional Closings, which fee shall be due and payable upon such Additional Closing and withheld from the gross purchase price paid by Buyer for the Debentures at such Additional Closing.

Appears in 1 contract

Samples: Security Agreement (Preferred Restaurant Brands, Inc.)

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