Common use of Expenses of the Representative Clause in Contracts

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”).

Appears in 3 contracts

Samples: Underwriting Agreement (Intelligent Bio Solutions Inc.), Underwriting Agreement (Intelligent Bio Solutions Inc.), Underwriting Agreement (Intelligent Bio Solutions Inc.)

AutoNDA by SimpleDocs

Expenses of the Representative. The Company further agrees that that, in addition to the expenses payable pursuant to Section 4.6(a), on the Closing Date and each Option Closing Date (Date, if any)applicable, the Company it will (i) pay to the Representative a management fee equal to 1.0% of the total gross proceeds raised in received by the Offering on Company from the Closing Date sale of the Public Securities and each Option Closing Date, if any, (ii) reimburse the Representative up to $145,000 for fees its reasonable and expenses of legal counsel and other documented out-of-pocket expensesexpenses related to the Offering in an amount up to $135,000 in the aggregate, which shall be paid by deduction from the proceeds of the Offering contemplated herein (the “Fee Cap”)herein.

Appears in 3 contracts

Samples: Underwriting Agreement (Peraso Inc.), Underwriting Agreement (Peraso Inc.), Underwriting Agreement (Peraso Inc.)

Expenses of the Representative. The Company further agrees that that, in addition to the expenses payable pursuant to Section 4.5(a), on the Closing Date and each Option Closing Date (if any)Date, 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 its out-of-pocket expensesexpenses related to the Offering up to an aggregate of $85,000 (which shall include any expenses incurred under clauses (m) and (n) of Section 4.5(a) herein), $15,000 of which has been paid prior to the date hereof, which shall be paid by deduction from the proceeds of the Offering contemplated herein (the “Fee Cap”)herein.

Appears in 3 contracts

Samples: Underwriting Agreement (Cyclacel Pharmaceuticals, Inc.), Underwriting Agreement (Cyclacel Pharmaceuticals, Inc.), Underwriting Agreement (Cyclacel Pharmaceuticals, Inc.)

Expenses of the Representative. The Company further agrees that on in the Closing Date aggregate and each Option Closing Date (if anyincluding the expenses payable pursuant to Section 4.5(a), 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) the Company will reimburse the Representative up to $145,000 for fees and expenses of legal counsel and other its out-of-pocket expensesexpenses related to the Offering, which shall not, in the aggregate, exceed $20,000 in pre-Closing Date expenses and up to an aggregate of $95,000 in total expenses by deduction from the proceeds of the Offering contemplated herein (the “Fee Cap”)herein.

Appears in 2 contracts

Samples: Underwriting Agreement (Viveve Medical, Inc.), Viveve Medical, Inc.

Expenses of the Representative. The Company further agrees that on the Closing Date and each or Option Closing Date (Date, if any)applicable, 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”).

Appears in 1 contract

Samples: Underwriting Agreement (Intelligent Bio Solutions Inc.)

Expenses of the Representative. The Company further agrees that that, in addition to the expenses payable pursuant to Section 4.5(a), on the Closing Date and each Option Closing Date (if any)Date, the Company will (i) pay to the Representative a management fee equal to 1.01% of the total aggregate gross proceeds raised in of the Offering on the Closing Date and each Option Closing Date, if anyOffering, (ii) pay the Representative $25,000 for its non-accountable expenses, and (iii) reimburse the Representative up to $145,000 for fees and expenses of its legal counsel and other documented out-of-pocket expenses, expenses of the Offering in an amount of up to an aggregate of $100,000 by deduction from the proceeds of the Offering contemplated herein (the “Fee Cap”)herein.

Appears in 1 contract

Samples: Diffusion Pharmaceuticals Inc.

Expenses of the Representative. The Company further agrees that that, in addition to the expenses payable pursuant to Section 4.5(a), on the Closing Date and each Option Closing Date (if any)Date, the Company will (i) pay to the Representative a management fee equal to 1.01% of the total aggregate gross proceeds raised in of the Offering on the Closing Date and each Option Closing Date, if anyOffering, (ii) pay the Representative $50,000 for its non-accountable expenses, and (iii) reimburse the Representative up to $145,000 for fees and expenses of its legal counsel and other documented out-of-pocket expenses, expenses of the Offering in an amount of up to an aggregate of $100,000 by deduction from the proceeds of the Offering contemplated herein (the “Fee Cap”)herein.

Appears in 1 contract

Samples: Diffusion Pharmaceuticals Inc.

Expenses of the Representative. The Company further agrees that that, in addition to the expenses payable pursuant to Section 4.5(a), on the Closing Date and each Option Closing Date (if any)Date, the Company will (i) pay to the Representative a management fee equal to 1.01% of the total aggregate gross proceeds raised in of the Offering on (the Closing Date “Management Fee”) and each Option Closing Date, if any, (ii) reimburse the Representative up to $145,000 for fees and its expenses of the Offering in the non-accountable sum of $35,000 and for its legal counsel and other documented out-of-pocket expenses, expenses of the Offering in an amount of up to an aggregate of $100,000 by deduction from the proceeds of the Offering contemplated herein (the “Fee Cap”)herein.

Appears in 1 contract

Samples: Underwriting Agreement (Diffusion Pharmaceuticals Inc.)

Expenses of the Representative. The Company further agrees that that, in addition to the expenses payable pursuant to Section 4.5(a), on the Closing Date and each Option Closing Date (if any), it will pay to the Company will Representative (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 anyOffering, (ii) reimburse the Representative a $50,000 non-accountable expense allowance, (iii) up to $145,000 90,000 for fees and expenses of the legal counsel and other out-of-pocket expensesexpenses of the Representative, and (iv) $12,900 for clearing expenses by deduction from the proceeds of the Offering contemplated herein (the “Fee Cap”)herein.

Appears in 1 contract

Samples: Underwriting Agreement (Cocrystal Pharma, Inc.)

Expenses of the Representative. The Company further agrees that that, in addition to the expenses payable pursuant to Section 4.6(a), on the Closing Date and each Option Closing Date (if any), it will pay to the Company will Representative (i) pay the Representative a management fee equal to 1.0% of the total gross proceeds raised in of the Offering on the Closing Date Offering, and each Option Closing Date, if any, (ii) reimburse the Representative up to $145,000 for fees and expenses of legal counsel and other all reasonable, out-of-pocket expensesexpenses incurred, including travel, databases, fees and disbursements of legal counsel, and of other consultants and advisors not to exceed $250,000 without the Company's prior consent by deduction from the proceeds of the Offering contemplated herein (the “Fee Cap”)herein.

Appears in 1 contract

Samples: Algernon Pharmaceuticals Inc.

Expenses of the Representative. The Company further agrees that that, in addition to the expenses payable pursuant to Section 4.6(a), on the Closing Date and each Option Closing Date (if any), the Company it will (i) pay to the Representative a management fee equal to 1.00.35% of the total gross proceeds raised in received by the Offering on Company from the Closing Date and each Option Closing Datesale of the Securities, if any, (ii) reimburse the Representative up to $145,000 90,000 for fees and expenses of legal counsel and other the Representative’s out-of-pocket expensesexpense, and $12,900 for the clearing firm of the Representative, by deduction from the proceeds of the Offering contemplated herein (the “Fee Cap”)herein.

Appears in 1 contract

Samples: Underwriting Agreement (Iterum Therapeutics PLC)

AutoNDA by SimpleDocs

Expenses of the Representative. The Company further agrees that that, in addition to the expenses payable pursuant to Section 4.5(a), on the Closing Date and each Option Closing Date (if any)Date, the Company will (i) pay to the Representative a management fee equal to 1.01% of the total aggregate gross proceeds raised in of 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 its legal counsel and other documented out-of-pocket expenses, expenses of the Offering in an amount of up to an aggregate of $100,000 by deduction from the proceeds of the Offering contemplated herein (the “Fee Cap”)herein.

Appears in 1 contract

Samples: Underwriting Agreement (Diffusion Pharmaceuticals Inc.)

Expenses of the Representative. The Company further agrees that that, in addition to the expenses payable pursuant to Section 4.6(a), on the Closing Date and each Option Closing Date (if any)Date, the Company will (i) pay the Representative a management fee equal to 1.0% non-accountable expenses allowance of the total gross proceeds raised in the Offering on the Closing Date and each Option Closing Date, if any$25,000, (ii) reimburse the Representative up to $145,000 for fees and expenses of its legal counsel and other documented out-of-pocket expensesexpenses of the Offering in an amount of up to an aggregate of $100,000, and (iii) reimburse the Representative for its clearing expenses in the amount of $10,000 by deduction from the proceeds of the Offering contemplated herein (the “Fee Cap”).herein

Appears in 1 contract

Samples: Underwriting Agreement (Bellerophon Therapeutics, Inc.)

Expenses of the Representative. The Company further agrees that that, in addition to the expenses payable pursuant to Section 4.5(a), on the Closing Date and each Option Closing Date (if any)Date, 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 its out-of-pocket expensesexpenses related to the Offering up to an aggregate of $130,000 (which shall include any expenses incurred under clauses (m) and (n) of Section 4.5(a) herein), $25,000 of which has been paid prior to the date hereof, which shall be paid by deduction from the proceeds of the Offering contemplated herein (the “Fee Cap”)herein.

Appears in 1 contract

Samples: Underwriting Agreement (EnteroMedics Inc)

Expenses of the Representative. The Company further agrees that that, in addition to the expenses payable pursuant to Section 4.6(a), on the Closing Date and each Option Closing Date (if any), it will pay to the Company will Representative (i) pay the Representative a management fee equal to 1.0% of the total gross proceeds raised in of the Offering on the Closing Date Offering, and each Option Closing Date, if any, (ii) reimburse the Representative up to $145,000 for fees and expenses of legal counsel and other all reasonable, out-of-pocket expensesexpenses incurred, including travel, databases, fees and disbursements of legal counsel, and of other consultants and advisors not to exceed $100,000 without the Company's prior consent by deduction from the proceeds of the Offering contemplated herein (the “Fee Cap”)herein.

Appears in 1 contract

Samples: Algernon Pharmaceuticals Inc.

Expenses of the Representative. The Company further agrees that that, in addition to the expenses payable pursuant to Section 4.5(a), on the Closing Date and each Option Closing Date (if any)Date, 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 its reasonable legal counsel and other out-of-pocket expensesexpenses of the Offering in an amount of up to an aggregate of $75,000 (which shall include any expenses under (k) and (l) in Section 4.5(a) herein) and (ii) reimburse the Representative for its clearing expenses in an amount of up to $12,900, by deduction from the proceeds of the Offering contemplated herein (the “Fee Cap”)herein.

Appears in 1 contract

Samples: Underwriting Agreement (Marathon Patent Group, Inc.)

Expenses of the Representative. The Company further agrees that that, in addition to the expenses payable pursuant to Section 4.5(a), on the Closing Date and each Option Closing Date (if any), it will pay to the Company will Representative (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 anyOffering, (ii) reimburse the Representative a $50,000 non-accountable expense allowance, (iii) up to $145,000 90,000 for fees and expenses of the legal counsel and other out-of-pocket expensesexpenses of the Representative, and (iv) $15,950 for clearing expenses by deduction from the proceeds of the Offering contemplated herein (the “Fee Cap”)herein.

Appears in 1 contract

Samples: Underwriting Agreement (Cocrystal Pharma, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.