Commission and Expenses. In consideration of the services to be provided hereunder, the Company shall pay to the Underwriters or their respective designees their pro rata portion (based on the number of Securities purchased) of an underwriting discount equal to seven point five percent (7.5%) of the public offering price on the securities being offered (the “Underwriting Fee”). In addition, the Company shall reimburse the Representatives for certain out-of- pocket accountable expenses, as set forth in Section 4(i), which reimbursement shall be reduced by any Advances (as defined below) previously paid to the Representatives. To the extent that the Underwriters’ incurred expenses are less than the Advances previously paid, the Underwriters will return to the Company that portion of the Advances not offset by out-of-pocket accountable expenses.
Appears in 4 contracts
Samples: Underwriting Agreement (Haoxin Holdings LTD), Underwriting Agreement (Haoxin Holdings LTD), Underwriting Agreement (Haoxin Holdings LTD)
Commission and Expenses. In consideration of the services to be provided hereunder, the Company shall pay to the Underwriters or their respective designees their pro rata portion (based on the number of Securities purchased) of an underwriting discount equal to seven point five percent (7.5%) % of the public offering price on aggregate gross proceeds raised in the securities being offered Offering (the “Underwriting Fee”). In addition, the Company shall reimburse the Representatives Representative for certain out-of- of-pocket accountable expenses, as set forth in Section 4(i), which reimbursement shall be reduced by any Advances (as defined below) previously paid to the RepresentativesRepresentative. To the extent that the Underwriters’ incurred expenses are less than the Advances previously paid, the Underwriters will return to the Company that portion of the Advances not offset by out-of-pocket accountable expenses.
Appears in 3 contracts
Samples: Underwriting Agreement (UTime LTD), Underwriting Agreement (UTime LTD), Underwriting Agreement (UTime LTD)
Commission and Expenses. In consideration of the services to be provided hereunder, the Company shall pay to the Underwriters or their respective designees their pro rata portion (based on the number of Securities purchased) of an underwriting discount equal to seven point five eight percent (7.58%) of the public offering price on the securities being offered (the “Underwriting Fee”). In addition, the Company shall reimburse the Representatives Representative for certain out-of- of-pocket accountable expenses, as set forth in Section 4(i), which reimbursement shall be reduced by any Advances (as defined below) previously paid to the RepresentativesRepresentative. To the extent that the Underwriters’ incurred expenses are less than the Advances previously paid, the Underwriters will return to the Company that portion of the Advances not offset by out-of-pocket accountable expenses.
Appears in 1 contract
Samples: Underwriting Agreement (CDT Environmental Technology Investment Holdings LTD)