Common use of Payments Within Twelve (12) Months Clause in Contracts

Payments Within Twelve (12) Months. Except as described in the Registration Statement, the Pricing Disclosure Package and the Prospectus, the Company has not made any direct or indirect payments in connection with the Offering (in cash, securities or otherwise) to: (i) any person, as a finder’s fee, consulting fee or otherwise, in consideration of such person raising capital for the Company or introducing to the Company persons who raised or provided capital to the Company; (ii) any FINRA member participating in the offering as defined in FINRA Rule 5110(j)(15) (“Participating Member”); or (iii) any person or entity that has any direct or indirect affiliation or association with any Participating Member, within the twelve (12) months prior to the Effective Date, other than the payment to the Underwriters as provided hereunder in connection with the Offering.

Payments Within Twelve (12) Months. Except (a) as described in the Registration Statement, the Pricing Disclosure Package and the ProspectusProspectus or (b) with respect to amounts otherwise paid or payable to the Representative or its affiliates or designees, the Company has not made any direct or indirect payments in connection with the Offering (in cash, securities or otherwise) to: (i) any person, as a finder’s fee, consulting fee or otherwise, in consideration of such person raising capital for the Company or introducing to the Company persons who raised or provided capital to the Company; (ii) any FINRA member participating in the offering as defined in FINRA Rule 5110(j)(15) (“Participating Member”)member; or (iii) any person or entity that has any direct or indirect affiliation or association with any Participating MemberFINRA member, within the twelve (12) months prior to the Effective Date, other than than, in each case, the payment to the Underwriters as provided hereunder in connection with the Offering.

Payments Within Twelve (12) Months. Except as described in the Registration Statement, the Pricing Disclosure Package and the Prospectus, and except in connection with the closing on February 6, 2014 of the private placement of the Company’s securities, the Company has not made any direct or indirect payments in connection with the Offering (in cash, securities or otherwise) to: (i) any person, as a finder’s fee, consulting fee or otherwise, in consideration of such person raising capital for the Company or introducing to the Company persons who raised or provided capital to the Company; (ii) any FINRA member participating in the offering as defined in FINRA Rule 5110(j)(15) (“Participating Member”)member; or (iii) any person or entity that has any direct or indirect affiliation or association with any Participating MemberFINRA member, within the twelve (12) months prior to the Effective Date, other than the payment to the Underwriters as provided hereunder in connection with the Offering.

Payments Within Twelve (12) Months. Except as described in the Registration Statement, the Pricing Disclosure Package and the ProspectusProspectus and except for payments made to the Representative as underwriter in connection with the Company’s public offering consummated in July 2014, the Company has not made any direct or indirect payments in connection with the Offering (in cash, securities or otherwise) to: (i) any person, as a finder’s fee, consulting fee or otherwise, in consideration of such person raising capital for the Company or introducing to the Company persons who raised or provided capital to the Company; (ii) any FINRA member participating in the offering as defined in FINRA Rule 5110(j)(15) (“Participating Member”)member; or (iii) any person or entity that has any direct or indirect affiliation or association with any Participating MemberFINRA member, within the twelve (12) months prior to the Effective Dateinitial filing of the Registration Statement, other than the payment to the Underwriters as provided hereunder in connection with the Offering.

Payments Within Twelve (12) Months. Except as described in the Registration Statement, the Pricing Disclosure Package and the Prospectus, the Company has not made any direct or indirect payments in connection with the Offering (in cash, securities or otherwise) to: (i) any person, as a finder’s fee, consulting fee or otherwise, in consideration of such person raising capital for the Company or introducing to the Company persons who raised or provided capital to the CompanyCompany except as not required to be disclosed pursuant to the Securities Act and the Securities Act Regulations; (ii) any participating FINRA member participating in the offering as defined in FINRA Rule 5110(j)(15) (“Participating Member”)member; or (iii) any person or entity that has any direct or indirect affiliation or association with any Participating Memberparticipating FINRA member, within the twelve (12) months prior to the Effective Datedate of this Agreement, other than the payment to the Underwriters as provided hereunder in connection with the Offering.

Payments Within Twelve (12) Months. Except as disclosed to the Representative or as described in the Registration Statement, the Pricing Disclosure Package and the Prospectus, and except in connection with the closing on March 22, 2016 of the sale of the Company’s securities, the Company has not made any direct or indirect payments in connection with the Offering (in cash, securities or otherwise) to: (i) any person, as a finder’s fee, consulting fee or otherwise, in consideration of such person raising capital for the Company or introducing to the Company persons who raised or provided capital to the Company; (ii) any FINRA member participating in the offering as defined in FINRA Rule 5110(j)(15) (“Participating Member”)member; or (iii) any person or entity that has any direct or indirect affiliation or association with any Participating MemberFINRA member, in each case within the twelve (12) months prior to the Effective Date, other than the payment to the Underwriters as provided hereunder in connection with the Offering.