Consideration; Payment of Expenses. (a) In consideration of the services to be provided for hereunder, the Company shall pay to the Underwriters or their respective designees their pro rata portion (based on the Securities purchased) of the following compensation with respect to the Securities which they are offering:
Consideration; Payment of Expenses. In consideration of the services to be provided for hereunder, the Underwriters or their respective designees their pro rata portion (based on the Securities purchased) of the following compensation with respect to the Offered Securities they are offering:
Consideration; Payment of Expenses. (a) The Representative reserves the right to reduce any item of compensation or adjust the terms thereof as specified herein in the event that a determination shall be made by FINRA to the effect that the Underwriters’ aggregate compensation is in excess of FINRA Rules or that the terms thereof require adjustment.
Consideration; Payment of Expenses. (i) As compensation for services rendered, and provided that any of the Offered Securities are sold to the Underwriters in the Offering, at the closing of the Offering, the Company shall pay to the Underwriters or their respective designees their pro rata portion (based on the Offered Securities purchased in the Offering) an underwriting discount equal to seven percent (7%) of the aggregate gross proceeds raised in the Offering.
Consideration; Payment of Expenses. (i) In consideration of the services to be provided for hereunder, the Company shall pay to the Underwriter or its designee an underwriting discount equal to seven percent (7.0%) of the aggregate gross proceeds raised in the offering;
Consideration; Payment of Expenses. In consideration of the services to be provided for hereunder, the Underwriters or their respective designees shall receive an underwriting discount equal to seven percent (7.0%) of the aggregate gross proceeds raised in the offering.
Consideration; Payment of Expenses. In consideration of the services to be provided for hereunder, the Underwriters or their respective designees their pro rata portion (based on the Securities purchased) of the following aggregate compensation with respect to the Offered Securities they are offering less an amount equal to the Advance plus any other funds remitted by the Company to pay costs and expenses that are incurred by the Underwriters (including Underwriters’ counsel’s fees and expenses) (“Additional Advanced Amounts”).
Consideration; Payment of Expenses. In consideration of the services provided by the Underwriters pursuant to in this Agreement, the Company shall afford to the Underwriters or its respective designees, if any, their pro rata portion (of Firm Shares purchased in this Offering) of their compensation as follows: (a) an underwriting discount equal to seven percent (7%) of the gross proceeds of the securities being offered and sold in the Offering (an “Underwriting Discount”) and the Underwriters may in its discretion apportion such Underwriting Discount in whole or in part to any selected dealer engaged by the Underwriters in connection with the Offering; (b) a non-accountable expense allowance of one percent (1%) of the gross proceeds of the Offering (the “Non-Accountable Expense Allowance”); (c) an accountable expense allowance of up to US$250,000, including but not limited to reasonable and documented travel, legal fees, due diligence fees, and other expenses and disbursements, incurred in connection with the Underwriters’ services for the purpose of the Offering, regardless of whether the Offering is successfully closed or not, provided that any expense over $5,000 shall require prior approval of the Company; (d) the Underwriters reserves the right to reduce any item of compensation or adjust the terms thereof as specified herein in the event that a determination shall be made by FINRA to the effect that the Underwriters’ aggregate compensation is in excess of FINRA rules or that the terms thereof require adjustment; (e) whether or not the transactions contemplated by this Agreement, the Registration Statement and the Prospectus are consummated or this Agreement is terminated, the Company hereby agrees to pay the Underwriters the following reasonable, necessary and accountable out-of-pocket expenses: (i) the costs of preparing, printing and filing the registration statement with the Commission, amendments and supplements thereto, and post-effective amendments, filing with FINRA and payment of all necessary fees in connection therewith and the printing of a sufficient quantity of preliminary and final prospectuses as the Underwriters may reasonably request; (ii) the costs of preparing, printing and delivering exhibits to the documents set forth in clause (i) of this Section 3.6, in such quantities as the Underwriters may reasonably request; (iii) all fees, expenses and disbursements relating to the registration, qualification or exemption of the Public Securities under the securities laws of...
Consideration; Payment of Expenses. (a) In addition to selling the Shares to the Underwriters at the price per Share set forth in Section 2(a) hereof, in consideration of the services to be provided for hereunder, the Company shall pay to the Representative or its respective designees a non-accountable expense allowance equal to two percent (2.0%) of the gross proceeds of the Offering (exclusive of proceeds from the sale of Additional Shares), less $50,000 previously paid.
Consideration; Payment of Expenses. (a) In consideration of the services to be provided for hereunder, the Company shall pay to the Representatives or their respective designees an equal portion, on a 50/50 basis, of the following compensation with respect to the Shares which they are offering:
