Common use of Expenses of the Representative Clause in Contracts

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.

Appears in 3 contracts

Samples: Underwriting Agreement (Creative Medical Technology Holdings, Inc.), Underwriting Agreement (Creative Medical Technology Holdings, Inc.), Underwriting Agreement (Creative Medical Technology Holdings, Inc.)

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