Common use of Expense Allowance Clause in Contracts

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay ▇▇▇▇▇▇▇▇▇▇ (a) a management fee equal to 1.0% of the gross proceeds raised in each Offering; (b) $25,000 for non-accountable expenses; (c) up to $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 (RXi Pharmaceuticals Corp)

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay ▇▇▇▇▇▇▇▇▇▇ (a) a non-accountable management fee equal to 1.01% of the gross proceeds raised in each such Offering; , (b) a one-time only payment of $25,000 for non-accountable expenses of ▇▇▇▇▇▇ in connection with marketing the transaction (i.e., road show expenses; , background checks, tombstones, etc.) and (c) up to a one-time only payment of $100,000 for legal 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 (Cytrx Corp)

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay ▇▇▇▇▇▇▇▇▇▇ (a) a management fee equal to 1.0% of the gross proceeds raised in each Offering; (b) $25,000 65,000 for non-accountable expensesexpenses (to be decreased to $25,000 in case of a public Offering); (c) in case of a public Offering, up to $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 (ThermoGenesis Holdings, 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) $25,000 35,000 for non-accountable expenses; (c) up to $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 ▇▇▇▇▇▇▇▇▇▇ (a) a non-accountable management fee equal to 1.01% of the gross proceeds raised in each such Offering; , (b) $25,000 for non-accountable expenses of ▇▇▇▇▇▇ in connection with marketing the transaction (i.e., road show expenses; , background checks, tombstones, etc.) and (c) up to $100,000 for legal 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 (Cytrx Corp)

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay ▇▇▇▇▇▇▇▇▇▇ (a) a management fee equal to 1.0% of the gross proceeds raised in each Offering; (b) $25,000 50,000 for non-accountable expenses; (c) up to $100,000 for 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 (Aethlon Medical Inc)

Expense Allowance. Out of the proceeds of each ClosingClosing of the Offering, the Company also agrees to pay ▇▇▇▇▇R▇▇▇▇▇ (a) a non-accountable expense allowance up to $50,000 and (b) a management fee equal to 1.01% of the aggregate gross proceeds raised in each Offering; , excluding, as to clause (b) $25,000 for non-accountable expenses; ), private placement offerings, where such management fee shall not apply in any event (c) up to $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 (Spherix Inc)

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay ▇▇▇▇▇▇▇▇▇▇ (a) a management fee equal to 1.0% of the gross proceeds raised in each Offering; and (b) $25,000 for non-accountable expenses; (c) up to $100,000 75,000 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 (Immuron LTD)

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay ▇▇▇▇▇▇▇▇▇▇ (ai) a management fee equal to 1.0% of the gross proceeds raised in each Offering; such Offering and (b) $25,000 for non-accountable expenses; (cii) up to $100,000 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: Engagement Agreement (Oramed Pharmaceuticals Inc.)

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay ▇▇▇▇▇R▇▇▇▇▇ (a) a management fee equal to 1.0% of the gross proceeds raised in each Offering in case of a public Offering; (b) $25,000 65,000 for non-accountable expenses; (c) up to $100,000 70,000 for 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: Securities Offering Agreement (Medical Transcription Billing, Corp)

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay ▇▇▇▇▇R▇▇▇▇▇ (a) a management fee equal to 1.00.5% of the gross proceeds raised in each Offering; (b) $25,000 for non-accountable expenses; (c) up to $100,000 75,000 for 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 (Eyegate Pharmaceuticals Inc)

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay ▇▇▇▇▇▇▇▇▇▇ (a) a management fee equal to 1.0% of the gross proceeds raised in each Offering; , (b) $25,000 20,000 for non-accountable expenses; expenses of ▇▇▇▇▇▇ in connection with confidentially marketing the transaction (ci.e., background checks, tombstones, etc.) up to and (b) $100,000 50,000 for legal 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 (Hemispherx Biopharma 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) $25,000 35,000 for non-accountable expenses; (c) up to $100,000 for fees and expenses expenses, inclusive of the reasonable fees and disbursements of W▇▇▇▇▇▇▇▇▇’▇ 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 (Phaserx, Inc.)

Expense Allowance. Out of the proceeds of each Closing, the Company also agrees to pay W▇▇▇▇▇▇▇▇▇ (a) a management fee equal to 1.00.5% of the gross proceeds raised in each Offering; (b) $25,000 for non-accountable expenses; (c) up to $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 (Eyegate Pharmaceuticals Inc)

Expense Allowance. Out of the proceeds of each the Closing, the Company also agrees to pay ▇▇▇▇▇▇▇▇▇▇ (a) a management fee equal to 1.0% of the gross proceeds raised in each Offering; (b) $25,000 for non-accountable expenses; (c) up to $100,000 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 D.4 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: Underwriting Agreement (BioCardia, Inc.)

Expense Allowance. Out of the proceeds of each the Closing, the Company also agrees to pay ▇▇▇▇▇▇▇▇▇▇ (a) a management fee equal to 1.01% of the gross proceeds raised in each the Offering; , (b) up to $25,000 35,000 for non-accountable out of pocket expenses incurred by ▇▇▇▇▇▇ in connection with marketing the transaction (i.e., road show expenses; , background checks, tombstones, etc.) and (c) up to $100,000 for legal fees and expenses of legal counsel and other out-of-pocket expenses; plus the additional reimbursable amount payable actually incurred 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 (Biostage, Inc.)