FEES, COMMISSIONS AND TAXES Sample Clauses

FEES, COMMISSIONS AND TAXES. 7.1 Subject to provisions of Section 7.2 below, the Company and the Promoter Selling Shareholder shall pay the fees and expenses of the Lead Managers as specified in the Engagement Letter. Except for (i) listing fees and stamp duty payable on issue of Equity Shares pursuant to Fresh Issue which shall be borne solely by the Company and (ii) the stamp duty payable on transfer of Offered Shares which shall be borne solely by the Promoter Selling Shareholder, the Company and the Promoter Selling Shareholder agree to share the costs and expenses (including all applicable taxes) directly attributable to the Offer (including fees and expenses of the Underwriters under this Agreement or the Engagement Letter, legal counsel and other intermediaries, advertising and marketing expenses (other than corporate advertisements expenses undertaken in the ordinary course of business by the Company), printing, underwriting commission, procurement commission (if any), brokerage and selling commission and payment of fees and charges to various regulators in relation to the Offer) in proportion to the number of Equity Shares issued and Allotted by the Company through the Fresh Issue and sold by the Promoter Selling Shareholder through the Offer for Sale. All the expenses relating to the Offer shall be paid by the Company in the first instance. Upon commencement of listing and trading of the Equity Shares on the Stock Exchanges pursuant to the Offer, the Promoter Selling Shareholder agrees that it shall, reimburse the Company for any expenses in relation to the Offer paid by the Company on behalf of the Promoter Selling Shareholder in accordance with this Section 7.1 and as disclosed in the Offer Documents. The manner of disbursement shall be in accordance with the terms of the Cash Escrow and Sponsor Bank Agreement and this Agreement. All amounts due to the Underwriters or their Affiliates under the Other Agreements shall be payable directly from the Public Offer Account after transfer of funds from the Escrow Accounts and the ASBA Accounts to the Public Offer Account and immediately on receipt of final listing and trading approvals from the Stock Exchanges in accordance with the terms of the Other Agreements, as applicable. All costs, fees, and expenses with respect to the Offer (excluding the listing fees which shall be borne by the Company) shall be shared between the Promoter Selling Shareholder, acting severally and not jointly, based on the proportion of the Equity Shares...
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FEES, COMMISSIONS AND TAXES. 21 8. CONDITIONS TO THE UNDERWRITERS’ OBLIGATIONS 22 9. SETTLEMENT/CLOSING 24 10. ALLOTMENT OF THE EQUITY SHARES 25 11. REPRESENTATIONS, WARRANTIES, COVENANTS AND UNDERTAKINGS BY THE COMPANY AND THE PROMOTER SELLING SHAREHOLDERS; SUPPLY OF INFORMATION AND DOCUMENTS 25 12. REPRESENTATIONS, WARRANTIES, COVENANTS AND UNDERTAKINGS BY THE CORPORATE PROMOTER SELLING SHAREHOLDER I (MASCOT CAPITAL); SUPPLY OF INFORMATION AND DOCUMENTS 44 13. REPRESENTATIONS, WARRANTIES, COVENANTS AND UNDERTAKINGS BY THE CORPORATE PROMOTER SELLING SHAREHOLDER II (JNK HEATERS); SUPPLY OF INFORMATION AND DOCUMENTS 50
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FEES, COMMISSIONS AND TAXES. 7.1 The Company and the Selling Shareholders shall pay the fees, commissions and expenses to the Underwriters in accordance with the Engagement Letter. The commission structure will be as set forth in the Syndicate Agreement. Other than (i) the listing fees which shall be solely borne by the Company; and (ii) fees for counsel to the Selling Shareholders, if any, which shall be solely borne by the respective Selling Shareholders, all costs, fees and expenses with respect to the Offer shall be shared by the Company and the Promoter Selling Shareholders, on a pro rata basis, in proportion to the number of Equity Shares issued and sold by each of the Promoter Selling Shareholders through the Offer for Sale. All the expenses relating to the Offer shall be paid by the Company in the first instance and that each of the Selling Shareholders shall reimburse the Company for respective proportion of the expenses upon commencement of listing and trading of the Equity Shares on the Stock Exchanges in accordance with Applicable Law.
Sample 1
FEES, COMMISSIONS AND TAXES. 7.1 All payments due under this Agreement and the Engagement Letter are to be made in Indian Rupees and in accordance therewith. The Company shall reimburse the BRLM for any goods and service tax (referred the “Taxes”) that may be applicable to their respective fees, commissions and expenses mentioned in the Engagement Letter.
Sample 1
FEES, COMMISSIONS AND TAXES. 7.1 The Company and the Selling Shareholders shall pay the fees, commissions and expenses to the Underwriters as specified in the Engagement Letter, the Offer Agreement and the Syndicate Agreement. The commission structure will be as set forth in the Syndicate Agreement. The manner of disbursement shall be in accordance with the terms of the Offer Agreement, the Cash Escrow and Sponsor Bank Agreement and this Agreement. Other than (i) (a) the listing fees,
Sample 1
FEES, COMMISSIONS AND TAXES. 7.1 The fees and expenses relating to the Offer, including underwriting commissions, procurement commissions, if any, and brokerage due to the Underwriters and sub-brokers or stock brokers, fees payable to the Self-Certified Syndicate Banks, members of the syndicate, legal advisors and any other agreed fees and commissions payable in relation to the Offer shall be paid as set forth in the relevant Transaction Agreements, in accordance with Applicable Law. The fees and expenses payable to the Book Running Lead Managers for managing the Offer have been mutually agreed upon amongst the Company, the Promoter Selling Shareholder, the Corporate Selling Shareholders and the Book Running Lead Managers as per the Engagement Letter in respect of the obligations undertaken by the Book Running Lead Managers in connection with the Offer, including the obligations as set out in this Agreement and the Syndicate Agreement. The members of the Syndicate shall be paid fees, commissions and expenses in accordance with the terms of the Syndicate Agreement in respect of the obligations undertaken by them in connection with the Offer, including the obligations undertaken by them in this Agreement and the Syndicate Agreement. The manner of disbursement shall be in accordance with the terms of the Escrow and Sponsor Bank Agreement and this Agreement.
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Related to FEES, COMMISSIONS AND TAXES

  • Fees and Taxes 8.1 All fees payable to Oracle are due within thirty (30) days from the invoice date. Once placed, Your order is non-cancelable and the sums paid nonrefundable, except as provided in this Agreement or Your order. You will pay any sales, value-added or other similar taxes imposed by applicable law that Oracle must pay based on the Services You ordered, except for taxes based on Oracle’s income. Also, You will reimburse Oracle for reasonable expenses related to providing any Professional Services. Fees for Services listed in an order are exclusive of taxes and expenses.

  • Payment and Taxes 3.1 The initial Payment Period for a Lease shall begin on the first day of the month following the Commencement Date. Customer will remit each Payment payable hereunder to the bank account specified in the invoice sent by IGF. If any Payment is due on a non-Business Day, then such Payment shall become due and payable on the next Business Day.

  • COMMISSIONS AND EXPENSES (1) The Issuers severally agree to pay to the Agent such fees and commissions as the Issuers and the Agent may separately agree in respect of the services of the Agent and the Paying Agents hereunder together with any out-of-pocket expenses (including legal, printing, postage, tax, cable and advertising expenses required in connection with the Notes issued hereunder) properly incurred by the Agent and the Paying Agents in connection with their said services.

  • Rates and Taxes 9.1 The Tenant shall pay all present and future rates, taxes and other impositions payable in respect of the Property, its use and any works carried out there, other than:

  • Taxes and Tax Returns (a) Each of the Company and its Subsidiaries has duly and timely filed all Tax Returns required to have been filed by it on or prior to the date hereof (all such Tax Returns being accurate and complete in all material respects) and has duly paid or made provisions for the payment of all Taxes which have been incurred or are due or claimed to be due from it by any taxing authority on or prior to the date of this Agreement other than (i) Taxes which are not yet delinquent or are being contested in good faith and have not been finally determined and are listed in Section 4.15(a) of the Disclosure Schedule, or (ii) Tax Returns or Taxes as to which the failure to file, pay or make provision for will not, individually or in the aggregate, have a Material Adverse Effect on the Company and its Subsidiaries. There is no outstanding audit examination, deficiency assessment, Tax investigation or refund litigation with respect to Taxes of the Company or any of its Subsidiaries, and no claim has been made by any authority in a jurisdiction where the Company or any of its Subsidiaries does not file Tax Returns that the Company or any of its Subsidiaries is subject to taxation in such jurisdiction. Neither the Company nor any of its Subsidiaries has executed an extension or waiver of any statute of limitations on the assessment or collection of any Tax that is currently in effect. Each of the Company and its Subsidiaries has withheld and timely paid all Taxes required to have been withheld in connection with amounts paid or owing to any employee, independent contractor, creditor, stockholder or other third party. Each of the Company and its Subsidiaries has timely complied with all applicable information reporting requirements under Part III, Subchapter A of Chapter 61 of the Code, and similar applicable state and local information reporting requirements, except to the extent that a failure to so comply will not, individually or in the aggregate, have a Material Adverse Effect on the Company and its Subsidiaries.

  • Insurance and Taxes A. The Employer agrees to carry any and all insurance and pay all taxes as required by applicable State and Federal law.

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