Common use of Structuring and Due Diligence Fee Clause in Contracts

Structuring and Due Diligence Fee. Each of the parties shall pay its own fees and expenses (including the fees of any attorneys, accountants, appraisers or others engaged by such party) in connection with this Agreement and the transactions contemplated hereby, except that the Company shall pay to YA Global II SPV, LLC, a subsidiary of the Investor, a structuring fee in the amount of $5,000, which shall be paid on the earlier of (a) the Closing of the first Advance hereunder, or (b) 30-days from the date hereof.

Structuring and Due Diligence Fee. Each of the parties shall pay its own fees and expenses (including the fees of any attorneys, accountants, appraisers or others engaged by such party) in connection with this Agreement and the transactions contemplated hereby, except that the Company shall pay to YA Global II SPV, LLC, a wholly owned subsidiary of the InvestorInvestor (the “Subsidiary Fund”), a one-time structuring and due diligence fee in the amount of $5,000, 5,000 which shall be paid on the earlier of (a) the Closing within 5 Trading Days of the first Advance hereunder, or (b) 30-days from date by wire transfer to an account designated in writing by the Investor on the date hereof.