Common use of Commission to the Agent Clause in Contracts

Commission to the Agent. 12.1 The Subscriber understands that upon Closing, the Company will pay a commission of up to six percent (6%) of the gross proceeds raised from the Offering, payable in cash. In addition, upon Closing the Company will pay a commission of four percent (4%) of the gross proceeds raised from the Offering in the form of Warrants to the Agent, with the same terms and conditions as the Subscriber Warrants.

Appears in 2 contracts

Samples: Private Placement Subscription Agreement (Eden Energy Corp), Private Placement Subscription Agreement (Eden Energy Corp)

AutoNDA by SimpleDocs

Commission to the Agent. 12.1 The Subscriber understands that upon Closing, the Company will pay a commission of up to six seven percent (67%) of the gross proceeds raised from the Offering, payable in cash. In addition, upon Closing the Company will pay a commission of four percent (4%) of the gross proceeds raised from the Offering in the form of Warrants to the Agent, with the same terms and conditions as the Subscriber Warrants.

Appears in 1 contract

Samples: Private Placement Subscription Agreement (Eden Energy Corp)

AutoNDA by SimpleDocs

Commission to the Agent. 12.1 The Subscriber understands that upon Closing, the Company will pay a commission of up to six seven percent (67%) of the gross proceeds raised from the Offering, payable in cash. In addition, upon Closing the Company will pay a commission of four percent (4%) of the gross proceeds raised from the Offering in the form of Warrants to the Agent, with the same terms and conditions as the Subscriber Warrants.

Appears in 1 contract

Samples: Private Placement Subscription Agreement (Eden Energy Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!