Expenses of the Representative. The Company further agrees that, in addition to the expenses payable pursuant to Section 4.6(a), on the Closing Date it will reimburse the Representative for its reasonable, out-of-pocket expenses incurred, including travel, databases, fees and disbursements of legal counsel, and of other consultants and advisors not to exceed $105,000 without the Company’s prior consent by deduction from the proceeds of the Offering contemplated herein.
Expenses of the Representative. The Company further agrees that on the Closing Date and each Option Closing Date (if any), the Company will (i) pay the Representative a management fee equal to 1.0% of the total gross proceeds raised in the Offering on the Closing Date and each Option Closing Date, if any, (ii) reimburse the Representative up to $145,000 for fees and expenses of legal counsel and other out-of-pocket expenses, by deduction from the proceeds of the Offering contemplated herein (the “Fee Cap”).
Expenses of the Representative. The Company further agrees that, in addition to the fees and expenses payable pursuant to Section 4.5(a), on the Closing Date it will (i) reimburse the Representative for its reasonable and accountable out-of-pocket expenses incurred by the Representative related to the Offering in an amount up to $125,000 in the aggregate, and (ii) pay the non-accountable expenses of the Representative in cash in an amount equal to 2.0% of the gross proceeds raised in the Offering, each of which shall be paid by deduction from the gross proceeds of the Offering contemplated herein.
Expenses of the Representative. The Company further agrees that, in addition to the expenses payable pursuant to Section 4.6(a), on the Closing Date it will pay to the Representative an accountable expense allowance in an amount up to $100,000 by deduction from the proceeds of the Offering contemplated herein.
Expenses of the Representative. The Company further agrees that, in addition to the expenses payable pursuant to Section 4.6(a), on the Closing Date, the Company will reimburse the Representative for its out-of-pocket expenses related to the Offering up to an aggregate of $75,000 by deduction from the proceeds of the Offering contemplated herein. For purposes of clarity, the expense reimbursement set forth in this Section 4.6(b) shall not be applicable to any expenses of the Underwriters other than the Representative and the Company agrees it will not reimburse any Underwriter for expenses other than the Representative.
Expenses of the Representative. The Company further agrees that, in addition to the expenses payable pursuant to Section 4.5(a), on the Closing Date, the Company will pay the Representative (i) up to $100,000 for its legal and other out of pocket expenses related to the Offering (which shall include expenses incurred under clauses (m) and (n) of Section 4.5(a) herein), (ii) a non-accountable expense allowance equal to $50,000, and (iii) a management fee equal to 1% of the gross proceeds of the Offering, including, without limitation, any proceeds upon the exercise of the Over-Allotment Option which shall be payable on the applicable Option Closing Date, by deduction from the proceeds of the Offering contemplated herein.
Expenses of the Representative. The Company further agrees that, in addition to the expenses payable pursuant to Section 4.5(a), on the Closing Date, the Company will (i) pay to the Representative a management fee equal to 1% of the aggregate gross proceeds of the Offering (excluding any proceeds from the Specified Investors) and (ii) reimburse the Representative for its expenses of the Offering in the non-accountable sum of $25,000 and for its legal and other out-of-pocket expenses of the Offering in an amount of up to an aggregate of $100,000 (which shall include any expenses incurred under clauses (d), (m) and (n) of Section 4.5(a) herein) by deduction from the proceeds of the Offering contemplated herein.
Expenses of the Representative. The Company further agrees that, except as may otherwise be agreed in writing, in addition to the expenses payable pursuant to Section 4.6(a), on the Closing Date, the Company will (i) reimburse the Representative for its legal and other documented out-of-pocket expenses of the Offering in an amount of up to an aggregate of $40,000, (ii) reimburse the Representative for its clearing expenses in the amount of $10,000, (iii) pay the Representative for its non-accountable expenses in the amount of $10,000, and (iv) pay the Representative a management fee of 1% of the gross proceeds of the Offering, by deduction from the proceeds of the Offering contemplated herein.
Expenses of the Representative. The Company further agrees that, in addition to the expenses payable pursuant to Section 4.6(a), on the Closing Date it will reimburse the Representative for its reasonable out of pocket expenses, including fees and disbursements of its legal counsel, which shall be paid by deduction from the proceeds of the Offering contemplated herein. Such expenses exceeding $75,000 in the aggregate or $10,000 individually shall require prior approval by the Company, which shall not be unreasonably withheld; provided, however, that in no event shall such expenses exceed $125,000 in the aggregate.
Expenses of the Representative. The Company further agrees that, in addition to the expenses payable pursuant to Section 4.6(a), on the Closing Date and Option Closing Date, if applicable, it will (i) pay to the Representative a management fee equal to 1.0% of the gross proceeds received by the Company from the sale of the Public Securities and (ii) reimburse the Representative up to US$175,000 for all reasonable, out-of-pocket expenses (including travel, databases, fees and disbursements of counsel and of other consultants and advisors retained by the Representative and all fees and expenses of the Underwriters referenced in Section 4.6(a) above) by deduction from the proceeds of the Offering contemplated herein.
