Legal Fees/Commissions Sample Clauses

Legal Fees/Commissions. The Company shall pay to counsel to the Subscriber its fee of $15,000 for services rendered to the Subscriber in reviewing this Agreement and other subscription agreements for the aggregate subscription amounts of up to $500,000 and acting as escrow agent. The Company will pay a cash commission of three percent (3%) of the Purchase Price designated on the signature page hereto to certain Placement Agents identified on Schedule B hereto. The cash commissions and legal fees will be payable out of funds held pursuant to a Funds Escrow Agreement to be entered into by the Company, Subscriber and an Escrow Agent. The Company will also issue and deliver to the Placement Agents as additional compensation Preferred Stock of the Company ("Commission Shares") and Placement Warrants designated on Schedule B hereto. The Commissions will be issued to the Placement Agents only when, as, and if the corresponding subscription amount is released from escrow to the Company. All the representations, covenants, warranties and undertakings, including but not limited to registration rights made or granted to or for the benefit of the Subscriber and the terms described in Sections 9.1, 9.2, and 9.3 hereof are hereby also made and granted to the Placement Agents in respect of the Commission Shares, Placement Warrants and Company Shares issuable upon exercise of the Placement Warrants.
Sample 1See All (7)
AutoNDA by SimpleDocs
Legal Fees/Commissions. The Company shall pay to counsel to the Subscriber its fee of $15,000 for services rendered to the Subscriber in reviewing this Agreement and other subscription agreements for the aggregate subscription amounts of up to $757,800 and acting as escrow agent.
Sample 1Sample 2
Legal Fees/Commissions. The Company shall pay to counsel to the Subscriber its fee of $9,000 for services rendered to the Subscriber in reviewing this Agreement and other subscription agreements for the aggregate subscription amounts of up to $500,000. The Company will pay a cash commission of ten percent (10%) of the Purchase Price designated on the signature page hereto to certain Placement Agents identified on Schedule A hereto. The commissions and legal fees will be payable out of funds held pursuant to a Funds Escrow Agreement to be entered into by the Company and Subscriber. The Company will also issue and deliver to the Placement Agents as additional compensation the Warrants designated on Schedule A hereto. All the representations, covenants, warranties and undertakings, including but not limited to registration rights made or granted to or for the benefit of the Subscriber are hereby also made and granted to the Placement Agents in respect of the Warrants and Common Stock issuable upon exercise of the Warrants.
Sample 1Sample 2
Legal Fees/Commissions. The Company shall pay to counsel to the Subscriber its fee of $4,000 for services rendered to the Subscriber in reviewing this Agreement and other subscription agreements for the aggregate subscription amounts of up to $100,000. The Company will pay a commission consisting of common shares of the Company to the entities ("Placement Agents") and in the amounts designated on Schedule C hereto ("Commission Shares"). The legal fees will be payable out of funds held pursuant to a Funds Escrow Agreement to be entered into by the Company, Subscriber and an Escrow Agent. The Commission Shares will be issued to the Placement Agents only when, as, and if the corresponding subscription amount is released from escrow to the Company. All the representations, covenants, warranties and undertakings, including but not limited to registration rights made or granted to or for the benefit of the Subscriber are also made and granted to the Placement Agents.
Sample 1
Legal Fees/Commissions. The Company shall pay to Grushko & Xxxxxxx as counsel to the Subscribers its xxxx for $17,500 for services rendered to the Subscriber in reviewing this Agreement and other subscription agreements for the aggregate subscription amounts of up to $1,500,000. The Company will pay at the time of Closing an aggregate cash commission of ten percent (10%) of the principal amount of the Note subscribed for, to the Placement Agents identified on Schedule D hereto. The Company will also issue the Warrants to the Placement Agents at the time of Closing. The commissions and legal fees will be payable out of funds held pursuant to a Funds Escrow Agreement to be entered into by the Company and Subscriber. Additional aggregate cash commissions of 10% will be payable to the Placement Agents in connection with any funds raised by the Company by exercise of the Put described in Section 11 of this Subscription Agreement.
Sample 1
Legal Fees/Commissions. The Company shall pay to counsel to the Subscriber its fee of $25,000 for services rendered to the Subscriber in reviewing this Agreement and other subscription agreements for the aggregate subscription amounts of up to $2,500,000. The Company will pay a cash commission of four percent (4%) of the Purchase Price designated on the signature page hereto to certain placement agents. The commissions and legal fees will be payable out of funds held pursuant to a Funds Escrow Agreement and Shares Escrow Agreement to be entered into by the Company and Subscriber. The cash commissions will be payable proportionately as Subscriber funds are released to the Company. Additional cash commissions of eight percent (8%) will be payable to the placement agents in connection with gross proceeds from the Company's exercise of the Put described in Section 11 of this Subscription Agreement. The Company will also issue to the placement agents as additional compensation, common stock of the Company at the time Subscriber funds are released to the Company equal in value to four percent (4%) of the Purchase Price designated on the signature page hereto at a per share value equal to the Issue Price (per share) designated on the signature page hereto ("Placement Shares"). Seventy percent (70%) of Placement Shares will be issued at the Closing and thirty percent (30%) of the Placement Shares will be issued if and when the funds portion of the Registration Escrow (as defined in Section 10.2(j) herein) is released to the Company. All the representations, covenants, warranties and undertakings, including but not limited to registration rights made or granted to or for the benefit of the Subscriber are hereby also made and granted to the Placement Agents in respect of the Placement Shares.
Sample 1
Legal Fees/Commissions. The Company shall pay to counsel to the Subscriber its fee of $20,000 for services rendered to the Subscriber in reviewing this Agreement and other subscription agreements for the aggregate subscription amounts of up to $1,200,000 and acting as escrow agent. The Company will pay a cash commission, in the aggregate, of six percent (6%) of the Purchase Price designated on the signature page hereto to certain Placement Agents identified on Schedule A hereto ("Cash Commissions"). The Cash Commissions and legal fees will be payable out of funds held pursuant to a Funds Escrow Agreement to be entered into by the Company, Subscriber and an Escrow Agent. The Company will also issue and deliver to the Placement Agents as additional compensation, the Commission Shares and Placement Warrants designated on Schedule A hereto. The Cash Commissions, Commission Shares and Placement Warrants will be issued to the Placement Agents only when, as, and if the corresponding subscription amount is released from escrow to the Company. All the representations, covenants, warranties, undertakings, and indemnification including but not limited to registration rights made or granted to or for the benefit of the Subscriber are hereby also made and granted to the Placement Agents in respect of the Commission Shares, Placement Warrants and Company Shares issuable upon exercise of the Placement Warrants. The Placement Warrants will all be exercisable immediately upon issue and until three years after the Closing Date. One Million (1,000,000) "A" Placement Warrants will be issued proportionately for each $1,700,000 of Purchase Price and Put Consideration. Eight Thousand Five Hundred (8,500) Commission Shares and Twenty-Five Thousand (25,000) "B" Placement Warrants will be issued proportionately for each $1,700,000 of Purchase Price and Put Consideration. Forms of "A" and "B" Placement Warrants have been delivered to the Placement Agents.
Sample 1
AutoNDA by SimpleDocs
Legal Fees/Commissions. The Company shall pay to counsel to the Subscriber its fee of $22,500 for services rendered to the Subscriber in reviewing this Agreement and other subscription agreements for the aggregate subscription amounts of up to $500,000 and acting as escrow agent. The legal fees will be payable out of funds held pursuant to a Funds Escrow Agreement to be entered into by the Company, Subscriber and an Escrow Agent. In connection with Subscription Agreements relating to up to $500,000 of subscriber funds, the Company will issue and deliver to the Placement Agents as compensation, Common Stock of the Company ("Commission Shares") and Placement Warrants in the form agreed to by Company and Placement Agents, in the amounts designated on Schedule A hereto. The Commission Shares and Placement Warrants will be issued to the Placement Agents when, as, and if the corresponding subscription amount is released from escrow to the Company or on the Company's behalf. All the representations, covenants, warranties, indemnifications and undertakings, including but not limited to registration rights made or granted to or for the benefit
Sample 1
Legal Fees/Commissions. The Company shall pay to counsel to the Subscriber its xxxx for $20,000 for services rendered to the Subscriber in reviewing this Agreement and other subscription agreements for the aggregate subscription amounts of up to $2,000,000. The Company will pay at the time of Closing a cash commission of six and one-half percent (6-1/2%) to certain placement agents. The commissions and legal fees will be payable out of funds held pursuant to a Funds Escrow Agreement to be entered into by the Company and Subscriber. Additional cash commissions of six and one-half percent (6-1/2%) will be payable to the placement agents in connection with gross proceeds from the Company's exercise of the Put described in Section 11 of this Subscription Agreement.
Sample 1

Related to Legal Fees/Commissions

  • Excess Brokerage Commissions The Adviser is hereby authorized, to the fullest extent now or hereafter permitted by law, to cause the Corporation to pay a member of a national securities exchange, broker or dealer an amount of commission for effecting a securities transaction in excess of the amount of commission another member of such exchange, broker or dealer would have charged for effecting that transaction, if the Adviser determines in good faith, taking into account such factors as price (including the applicable brokerage commission or dealer spread), size of order, difficulty of execution, and operational facilities of the firm and the firm’s risk and skill in positioning blocks of securities, that such amount of commission is reasonable in relation to the value of the brokerage and/or research services provided by such member, broker or dealer, viewed in terms of either that particular transaction or its overall responsibilities with respect to the Corporation’s portfolio, and constitutes the best net results for the Corporation.

  • Sales Commissions You shall not be entitled to charge a sales commission on the sale of Shares of the Company.

  • Sales Commission You shall be entitled to charge a sales commission on the sale or redemption, as appropriate, of each series and class of each Fund’s Shares in the amount of any initial, deferred or contingent deferred sales charge as set forth in our then effective prospectus. You may allow any sub-agents or dealers such commissions or discounts from and not exceeding the total sales commission as you shall deem advisable, so long as any such commissions or discounts are set forth in our current prospectus to the extent required by the applicable Federal and State securities laws. You may also make payments to sub-agents or dealers from your own resources, subject to the following conditions: (a) any such payments shall not create any obligation for or recourse against the Fund or any series or class, and (b) the terms and conditions of any such payments are consistent with our prospectus and applicable Federal and State securities laws and are disclosed in our prospectus or statement of additional information to the extent such laws may require.

  • Brokerage Commissions All brokers' commissions and other charges incident to the purchase, sale or lending of the Fund 's portfolio securities.

  • Brokerage Commission Contributor has not engaged the services of, nor has it or will it or Acquirer become liable to, any real estate agent, broker, finder or any other person or entity for any brokerage or finder's fee, commission or other amount with respect to the transactions described herein on account of any action by Contributor. Contributor hereby agrees to indemnify and hold Acquirer and its employees, directors, members, partners, affiliates and agents harmless against any claims, liabilities, damages or expenses arising out of a breach of the foregoing. This indemnification shall survive Closing or any termination of this Agreement.

  • Fees and Commissions The fees and commissions that apply to your account are set out in the information box and disclosure statement. You agree to pay the fees and commissions and authorize us to charge them to your account. We reserve the right to change the circumstances in which any of the fees or commissions on your account is charged and the amount of those fees or commissions. You agree that we may impose additional fees and commissions at any time. We will provide notice of any changes or additional fees and commissions if required by applicable law and in accordance with the “Changes” section of this agreement.

  • No Commissions Neither the Company nor any of its Subsidiaries is a party to any contract, agreement or understanding with any person (other than as contemplated by this Agreement or any Terms Agreement) that would give rise to a valid claim against the Company or any of its Subsidiaries or the Agent for a brokerage commission, finder’s fee or like payment in connection with the offering and sale of the Shares.

  • Leasing Commissions On or before the Closing Date, Seller shall pay in full all leasing commissions due to leasing or other agents for the current remaining term of the Lease (determined without regard to any unexercised termination or cancellation right).

  • Brokerage Fees and Commissions Buyer has not incurred any obligation or entered into any agreement for any investment banking, brokerage, or finder's fee or commission in respect of the transactions contemplated by this Agreement for which Seller or the Company shall incur any liability.

  • Selling Commissions Any and all commissions payable to underwriters, dealer managers or other broker-dealers in connection with the sale of Shares, including, without limitation, commissions payable to Behringer Securities LP.

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