Common use of Transaction Expense Amount Clause in Contracts

Transaction Expense Amount. Upon the First Closing, the Company shall pay US$3,000.00 to the Buyer’s legal counsel for preparation of the Transaction Documents (the “Transaction Expense Amounts”). The Transaction Expense Amounts shall be offset against the proceeds of the First Notes and shall be paid to the Buyer’s legal counsel upon the execution hereof. Additionally, a 12% original issue discount has been added to the Principal Amount of each First Note.

Transaction Expense Amount. Upon the First Closing, the Company shall pay US$3,000.00 1,500.00 to the Buyer’s legal counsel for preparation of the Transaction Documents (the “Transaction Expense Amounts”). The Transaction Expense Amounts shall be offset against the proceeds of the First Notes and shall be paid to the Buyer’s legal counsel upon the execution hereof. Additionally, a 12an 8% original issue discount has been added to the Principal Amount of each First Note.

Transaction Expense Amount. Upon the First Closing, the Company shall pay US$3,000.00 to the Buyer’s Buyers’ legal counsel for preparation of the Transaction Documents (the “Transaction Expense Amounts”). The Transaction Expense Amounts shall be offset against the proceeds of the First Notes and shall be paid to the Buyer’s Buyers’ legal counsel upon the execution hereof. Additionally, a 12an 8% original issue discount has been added to the Principal Amount of each First Note.

Transaction Expense Amount. Upon the First Closing, the Company shall pay US$3,000.00 15,000.00 to the Buyer’s legal counsel for preparation of the Transaction Documents (the “Transaction Expense Amounts”). The Transaction Expense Amounts shall be offset against the proceeds of the First Notes and shall be paid to the Buyer’s legal counsel upon the execution hereof. Additionally, a 12% original issue discount $56,250.00 has been added to the Principal Amount of each the First NoteNote as part of the original issue discount.