Compensation; Payment of Expenses. (a) The Company hereby agrees to pay to the Broker-Dealer a fee (the "Sales Fee") in an amount equal to 8.0% of the principal amount of each Note sold by the Company during the Offering Period to a Purchaser who has executed a Subscription Agreement furnished to it by or on behalf of the Broker-Dealer or who has otherwise been identified to the Company by or on behalf of the Broker-Dealer (each, an "Identified Purchaser"). The Sales Fee with respect to any Note shall be payable to the Broker-Dealer within five (5) days after the date such Note is sold to an Identified Purchaser. Payment by the Company of the Sales Fee shall be made via wire transfer in same day funds to an account previously designated by the Broker-Dealer, or as otherwise agreed by the Broker-Dealer and the Company. For purposes of this Section 4(a), a "
Appears in 4 contracts
Samples: Dealer Selling Agreement (Sovereign Credit Finance Ii Inc), Sovereign Credit Finance I Inc, Sovereign Credit Finance I Inc
Compensation; Payment of Expenses. (a) The Company hereby agrees to pay to the Broker-Dealer a fee (the "Sales Fee") in an amount equal to 8.06.0% of the principal amount of each Note sold by the Company during the Offering Period to a Purchaser who has executed a Subscription Agreement furnished to it by or on behalf of the Broker-Dealer or who has otherwise been identified to the Company by or on behalf of the Broker-Dealer (each, an "Identified Purchaser"). The Sales Fee with respect to any Note shall be payable to the Broker-Dealer within five (5) days after the date such Note is sold to an Identified Purchaser. Payment by the Company of the Sales Fee shall be made via wire transfer in same day good funds to an account previously designated by the Broker-Dealer, or as otherwise agreed by the Broker-Dealer and the Company. For purposes of this Section 4(a), a "
Appears in 1 contract
Samples: Tamarack Funding Corp