Common use of Commission Expenses Clause in Contracts

Commission Expenses. 8.1 Subject to completion of this Agreement, the Company shall, on the Placing Completion Date, pay to the Placing Agent in respect of the Placing, a placing commission, in Hong Kong dollars, of 1.5 per cent (1.5%) of the amount which is equal to the Placing Price multiplied by the number of the Placing Shares which are successfully placed by the relevant Placing Agent in accordance with this Agreement which the relevant Placing Agent is hereby authorized to deduct from the payment to be made by it to the Company at the Placing Completion pursuant to Clause 5.2.

Appears in 1 contract

Samples: Agreement

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Commission Expenses. 8.1 9.1 Subject to completion of this Agreement, the Company shall, on the Placing Completion Datedate, pay to the Placing Agent in respect of the Placing, a placing commission, in Hong Kong dollars, of 1.5 three per cent (1.53%) of the amount which is equal to the Placing Price multiplied by the number of the Placing Unsubscribed Rights Shares which are and ES Unsold Rights Shares that have been successfully placed by the relevant Placing Agent in accordance with pursuant to the terms of this Agreement which the relevant Placing Agent is hereby authorized to deduct from the payment to be made by it to the Company at the Placing Completion pursuant to Clause 5.2.

Appears in 1 contract

Samples: www1.hkexnews.hk

Commission Expenses. 8.1 9.1 Subject to completion of this Agreement, the Company shall, on the Placing Completion Datedate, pay to the Placing Agent in respect of the Placing, a placing commission, in Hong Kong dollars, of 1.5 three point five per cent (1.53.5%) of the amount which is equal to the Placing Price multiplied by the number of the Placing Unsubscribed Rights Shares which are and ES Unsold Rights Shares that have been successfully placed by the relevant Placing Agent in accordance with pursuant to the terms of this Agreement which the relevant Placing Agent is hereby authorized to deduct from the payment to be made by it to the Company at the Placing Completion pursuant to Clause 5.2.

Appears in 1 contract

Samples: www1.hkexnews.hk

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Commission Expenses. 8.1 Subject to completion of this Agreement, the Company shall, on the Placing Completion Date, pay to the Placing Agent in respect of the Placing, a placing commission, in Hong Kong dollars, of 1.5 three point five per cent (1.53.5%) of the amount which is equal to the Placing Price multiplied by the number of the Placing Shares which are successfully placed by the relevant Placing Agent in accordance with this Agreement which the relevant Placing Agent is hereby authorized to deduct from the payment to be made by it to the Company at the Placing Completion pursuant to Clause 5.2.

Appears in 1 contract

Samples: www.hkexnews.hk

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