Common use of Expense Allowance Clause in Contracts

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay ▇▇▇▇▇▇▇▇▇▇ (a) $35,000 for non-accountable expenses; (b) up to $50,000 for fees and expenses of legal counsel and other out-of-pocket expenses; plus the additional reimbursable amount payable by the Company pursuant to Paragraph D.3 hereunder; provided, however, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Appears in 3 contracts

Sources: Exclusive Agency Agreement (Citius Pharmaceuticals, Inc.), Exclusive Agency Agreement (Citius Pharmaceuticals, Inc.), Exclusive Agency Agreement (Axsome Therapeutics, Inc.)

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay W▇▇▇▇▇▇▇▇▇ (a) a management fee equal to 1.0% of the gross proceeds raised in each Offering; (b) $35,000 25,000 for non-accountable expenses; (bc) up to $50,000 100,000 for fees and expenses of legal counsel and other out-of-pocket expenses; plus the additional reimbursable amount payable by the Company pursuant to Paragraph D.3 hereunder; provided, however, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Appears in 2 contracts

Sources: Exclusive Agency Agreement (TearLab Corp), Exclusive Agency Agreement (TearLab Corp)

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay ▇▇▇▇▇R▇▇▇▇▇ (a) up to $35,000 25,000 for nonout-accountable of-pocket expenses; plus (b) up to $50,000 30,000 for fees and expenses of legal counsel and other outnon-of-pocket accountable expenses; plus the additional reimbursable amount payable by the Company pursuant to Paragraph Section D.3 hereunderbelow; provided, however, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Cel Sci Corp)

Expense Allowance. Out of the proceeds of each the Closing, the Company also agrees to pay W▇▇▇▇▇▇▇▇▇ (a) $35,000 25,000 for non-accountable expenses; expenses of W▇▇▇▇▇▇▇▇▇ in connection with the transaction and (b) up to $50,000 40,000 for invoiced fees and expenses of legal counsel and other invoiced out-of-pocket expenses; plus the additional reimbursable amount payable by the Company pursuant to Paragraph D.3 hereunderbelow; provided, however, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Intellipharmaceutics International Inc.)

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay ▇▇▇▇▇R▇▇▇▇▇ (a) $35,000 60,000 for non-accountable expenses; (b) up to $50,000 for fees and expenses of legal counsel and other out-of-pocket expenses; plus the additional reimbursable amount payable by the Company pursuant to Paragraph D.3 hereunder; provided, however, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Appears in 1 contract

Sources: Securities Offering Agreement (Medical Transcription Billing, Corp)

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay ▇▇▇▇▇▇▇▇▇▇ (a) up to $35,000 5,000 for nonout-accountable of-pocket expenses; plus (b) up to $50,000 25,000 for fees and expenses of legal counsel and other outnon-of-pocket accountable expenses; plus the additional reimbursable amount payable by the Company pursuant to Paragraph Section D.3 hereunderbelow; provided, however, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Cel Sci Corp)

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay ▇▇▇▇▇▇▇▇▇▇ (a) $35,000 for non-accountable expenses; (b) up to $50,000 100,000 for reasonable fees and expenses of legal counsel and other out-of-pocket expenses; plus the additional reimbursable amount payable by the Company pursuant to Paragraph D.3 hereunder; provided, however, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Gevo, Inc.)

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay W▇▇▇▇▇▇▇▇▇ (a) a management fee equal to 1.0% of the gross proceeds raised in each Offering; (b) $35,000 for non-accountable expenses; (bc) up to $50,000 100,000 for fees and expenses of legal counsel and other out-of-pocket expenses; plus the additional reimbursable amount payable by the Company pursuant to Paragraph D.3 hereunder; provided, however, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Stellar Biotechnologies, Inc.)

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay W▇▇▇▇▇▇▇▇▇ (a) $35,000 for non-accountable expenses; and (b) up to $50,000 for fees and expenses of legal counsel and other out-of-pocket expenses; plus the additional reimbursable amount payable by the Company pursuant to Paragraph D.3 hereunder; provided, however, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Bio-Path Holdings Inc)

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay ▇▇▇▇▇▇▇▇▇▇ (a) $35,000 25,000 for non-accountable expenses; (b) up to $50,000 35,000 for fees and expenses of legal counsel and other reasonable out-of-pocket expenses; plus the additional reimbursable amount payable by the Company pursuant to Paragraph D.3 hereunder; provided, however, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Neuralstem, Inc.)

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay ▇▇▇▇▇▇ up to $65,000 for non-accountable expenses of ▇▇▇▇▇ (a) $35,000 for non-accountable expenses; (b) up to $50,000 for ▇▇, including reasonable fees and expenses of legal counsel and other out-of-pocket expensescounsel; plus the additional reimbursable amount payable by the Company pursuant to Paragraph D.3 hereunder; provided, however, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Alphatec Holdings, Inc.)

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay ▇▇▇▇▇▇▇▇▇▇ (a) $35,000 25,000 for non-accountable expenses; (b) up to $50,000 for fees and expenses of legal counsel and other out-of-pocket expenses(to be increased to $100,000 in the case of an Offering that is broadly marketed to investors including a broadly marketed retail component); plus the additional reimbursable amount payable by the Company pursuant to Paragraph D.3 hereunder; provided, however, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Mateon Therapeutics Inc)

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay ▇▇▇▇▇▇▇▇▇▇ (a) $35,000 25,000 for non-accountable expensesexpenses (increased to $50,000 in case of a public Offering); plus (b) up to $50,000 for fees and expenses of legal counsel and other out-of-pocket expenses; (increased to $100,000 in case of a public Offering), plus the additional reimbursable amount payable by the Company pursuant to Paragraph Section D.3 hereunderbelow; provided, however, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Aethlon Medical Inc)

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay ▇▇▇▇▇▇▇▇▇▇ (a) $35,000 for non-accountable expenses; (b) up to $50,000 100,000 for reasonable fees and expenses of legal counsel and other out-of-pocket expenses; plus the additional reimbursable amount payable by the Company pursuant to Paragraph D.3 hereunder; provided, however, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Gevo, Inc.)

Expense Allowance. Out of the proceeds of each the first Closing, the Company also agrees to pay ▇▇▇▇▇▇▇▇▇▇ (a) $35,000 10,000 for non-accountable expenses; (b) up to $50,000 35,000 for fees and expenses of legal counsel and other out-of-pocket expensesexpenses actually incurred in connection with this Offering; plus the additional reimbursable amount payable by the Company pursuant to Paragraph D.3 hereunder; provided, however, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Pain Therapeutics Inc)

Expense Allowance. Out of the proceeds of each the Closing, the Company also agrees to pay W▇▇▇▇▇▇▇▇▇ (a) $35,000 for non-accountable expenses; and (b) up to $50,000 for fees and expenses of legal counsel and other out-of-pocket expensespocket-expenses (subject to receipt of appropriate documentation); plus the additional reimbursable amount payable by the Company pursuant to Paragraph D.3 hereunder; hereunder (provided, however, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement).

Appears in 1 contract

Sources: Exclusive Agency Agreement (CASI Pharmaceuticals, Inc.)

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay ▇▇▇▇▇R▇▇▇▇▇ (a) up to $35,000 5,000 for nonout-accountable of-pocket expenses; plus (b) up to $50,000 25,000 for fees and expenses of legal counsel and other outnon-of-pocket accountable expenses; plus the additional reimbursable amount payable by the Company pursuant to Paragraph Section D.3 hereunderbelow; provided, however, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Cel Sci Corp)

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay ▇▇▇▇▇R▇▇▇▇▇ (a) $35,000 25,000 for non-accountable expenses; (b) up to $50,000 for fees and expenses of legal counsel and other out-of-pocket expenses; plus (b) $50,000 for non-accountable expenses; plus the additional reimbursable amount payable by the Company pursuant to Paragraph Section D.3 hereunderbelow; provided, however, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Cel Sci Corp)

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay W▇▇▇▇▇▇▇▇▇ (a) $35,000 for non-accountable expenses; (b) up to $50,000 5,000 for fees and expenses of legal counsel and other out-of-pocket expenses; plus the additional reimbursable amount payable by the Company pursuant to Paragraph D.3 hereunder; provided, however, that such reimbursement amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

Appears in 1 contract

Sources: Exclusive Agency Agreement (Cel Sci Corp)