Common use of Underwriter Expenses Clause in Contracts

Underwriter Expenses. The Company further agrees that, in addition to the expenses payable pursuant to Section 4(a), at the Closing Time and each subsequent Date of Delivery, if any, it will pay the Underwriters a non-accountable expense allowance of 1.0% of the proceeds raised from the sale of the Securities.

Underwriter Expenses. The Company further agrees that, in addition to the expenses payable pursuant to Section 4(a), at the Closing Time and each subsequent Date of Delivery, if any, it will pay the Underwriters a non-accountable expense allowance of 1.01.5% of the proceeds raised from the sale of the Securities.