Common use of Firm Securities Clause in Contracts

Firm Securities. On the basis of the representations and warranties herein contained and subject to the terms and conditions herein set forth, the Company agrees to sell to each Underwriter, severally and not jointly, and each Underwriter, severally and not jointly, agrees to purchase from the Company, at a purchase price of 100% of the principal amount thereof (the “Purchase Price”), the aggregate principal amount of Firm Securities set forth in Schedule I opposite the name of such Underwriter, plus any additional aggregate principal amount of Securities which such Underwriter may become obligated to purchase pursuant to the provisions of Section 11 hereof. The Underwriters shall be paid a commission of 3.15% of the aggregate principal amount of the Firm Securities upon their purchase thereof.

Appears in 2 contracts

Samples: Underwriting Agreement (Prospect Capital Corp), Underwriting Agreement (Prospect Capital Corp)

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Firm Securities. On the basis of the representations and warranties herein contained and subject to the terms and conditions herein set forth, the Company agrees to sell to each Underwriter, severally and not jointly, and each Underwriter, severally and not jointly, agrees to purchase from the Company, at a purchase price of 100% of the principal amount thereof (the “Purchase Price”), the aggregate principal amount of Firm Securities set forth in Schedule I opposite the name of such Underwriter, plus any additional aggregate principal amount of Securities which such Underwriter may become obligated to purchase pursuant to the provisions of Section 11 hereof. The Underwriters shall be paid a commission of 3.153% of the aggregate principal amount of the Firm Securities upon their purchase thereof.

Appears in 1 contract

Samples: Underwriting Agreement (Prospect Capital Corp)

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Firm Securities. On the basis of the representations and warranties herein contained and subject to the terms and conditions herein set forth, the Company agrees to sell to each Underwriter, severally and not jointly, and each Underwriter, severally and not jointly, agrees to purchase from the Company, at a purchase price of 100% of the principal amount thereof (the “Purchase Price”), the aggregate principal amount of Firm Securities set forth in Schedule I opposite the name of such Underwriter, Underwriter plus any additional aggregate principal amount of Securities which such Underwriter may become obligated to purchase pursuant to the provisions of Section 11 hereof. The Underwriters shall be paid a commission of 3.153.0% of the aggregate principal amount of the Firm Securities upon their purchase thereof.

Appears in 1 contract

Samples: Underwriting Agreement (Prospect Capital Corp)

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