Placement Agent Fee definition

Placement Agent Fee has the meaning set forth in Section 5.19.

Placement Agent Fee means a fee payable in cash at Closing in an amount equal to 5% of the aggregate Subscription Amounts paid by the Purchasers pursuant to this Agreement.

Placement Agent Fee means the cash fee to be paid to the Placement Agent for services rendered to the Company in connection with the offering of the Shares.

Examples of Placement Agent Fee in a sentence

• Funds released from the escrow account will be used to pay the Investment Fee, Organizational, Distribution and Offering Fee, selling commissions and Placement Agent Fee due at that time.

• The Fund reserves the right to waive the payment of all or a portion of a selling commission or the Placement Agent Fee by any Investor, in which case the cost of the Fund interest to any such Investor will be less than the cost of an equivalent Fund interest to an Investor paying a full commission and Placement Agent Fee.

• Payment of the selling commission and Placement Agent Fee will be due and payable promptly after the latest to occur of (1) acceptance by the Fund of an Investor's subscription, (2) the Escrow Date or (3) the receipt and collection by the Fund of the gross purchase price for the Investor Shares in question.

• Such Expense Allowance shall be delivered in the same manner as the Placement Agent Fee.

• A similar selling commission and Placement Agent Fee will be paid with respect to any sales of additional Investor Shares.

More Definitions of Placement Agent Fee

Placement Agent Fee means a non-refundable fee payable by the Company to the Placement Agent on the earlier of (a) the first Tranche Closing Date, or (b) the six-month anniversary of the Effective Date, which fee, at the option of the Company, shall either be (i) an amount in cash equal to 5.9% of the Maximum Placement, or $295,000, delivered by wire transfer of immediately available funds to an account designated by the Placement Agent (provided, however, that if the Placement Agent Fee is paid on the first Tranche Closing Date, such payment may be made by offsetting the first Tranche Amount), or (ii) a number of shares of Common Stock, which shall be freely tradable by the Placement Agent and legend free, determined by the VWAP of the Common Stock for the five (5) Trading Day-period immediately preceding the date on which the Placement Agent Fee is paid. For the avoidance of doubt, as of the Effective Date, the Placement Agent Fee shall be fully payable in accordance with the foregoing, whether or not the Closing or any Tranche Closings shall occur hereunder and irrespective of any termination of this Agreement.

Placement Agent Fee means the Montauk Cash Placement Agent Fee and any other fees paid to the placement agents in connection with services provided to the Company as selling agent in connection with the sale of the Securities.

Placement Agent Fee means the $125,000 fee payable to the Placement Agent upon the Closing pursuant to the letter agreement, dated as of October 21, 2009, by and between the Company and the Placement Agent, as amended.

Placement Agent Fee means a non-refundable fee payable by the Company to Halcyon Cabot Partners, Ltd. (the “Placement Agent”) in the amount of 5% of the amount that is actually funded by the Investor pursuant to all Closings. The Placement Agent Fee shall be paid to the Placement Agent with each Closing based on the amount funded in such Closing, by wire transfer of immediately available funds, in an amount equal to 5% of the applicable Closing Price.

Placement Agent Fee has the meaning set forth in the Recitals.

Placement Agent Fee means the Crestline Cash Placement Agent Fee, and any other fees paid to the placement agents in connection with services provided to the Company as selling agent in connection with the sale of the Securities.

Placement Agent Fee shall have the meaning set forth in Section 8(a) of the Subscription Agreement and as more fully described on Schedule 8 to the Subscription Agreement;