Common use of Placement Agent’s Fee Clause in Contracts

Placement Agent’s Fee. As compensation for services rendered, the Company shall pay to the Placement Agent in cash by wire transfer in immediately available funds to an account or accounts designated by the Placement Agent an amount (the “Placement Fee”) equal to seven percent (7.0%) of the aggregate gross proceeds received by the Company from the sale of the Securities in the Offering, at the closing (the “Closing” and the date on which the Closing occurs, the “Closing Date”). The Placement Agent may deduct from the net proceeds of the Offering payable to the Company on the Closing Date the Placement Fee set forth herein to be paid by the Company to the Placement Agent.

Appears in 5 contracts

Samples: Placement Agency Agreement (Oragenics Inc), Placement Agency Agreement (Oragenics Inc), Placement Agency Agreement (Oragenics Inc)

AutoNDA by SimpleDocs

Placement Agent’s Fee. As compensation for services rendered, the Company shall pay to the Placement Agent in cash by wire transfer in immediately available funds to an account or accounts designated by the Placement Agent an amount (the “Placement Fee”) equal to seven percent (7.0%) of the aggregate gross proceeds received by the Company from the sale of the Securities in the Offering(as defined below), at the closing of the Offering (the “Closing” and the date on which the Closing occurs, the “Closing Date”). The Alternatively, if the proceeds of the Offering are to be paid to the Company by the Placement Agent on the Closing Date, the Placement Agent may deduct from the net such proceeds of the Offering payable to the Company on the Closing Date the Placement Fee set forth herein to be paid by the Company to the Placement Agent.

Appears in 3 contracts

Samples: Placement Agency Agreement (Fangdd Network Group Ltd.), Placement Agency Agreement (Fangdd Network Group Ltd.), Placement Agency Agreement (Fangdd Network Group Ltd.)

Placement Agent’s Fee. As compensation for services rendered, the Company shall pay to the Placement Agent in cash by wire transfer in immediately available funds to an account or accounts designated by the Placement Agent an amount (the “Placement Fee”) equal to seven percent (7.0%) of the aggregate gross proceeds received by the Company from the sale of the Securities in the OfferingSecurities, at the closing (the “Closing” and the date on which the Closing occurs, the “Closing Date”). The Placement Agent may deduct from the net proceeds of the Offering payable to the Company on the Closing Date the Placement Fee set forth herein to be paid by the Company to the Placement Agent.

Appears in 2 contracts

Samples: Placement Agency Agreement (TDH Holdings, Inc.), Placement Agency Agreement (TDH Holdings, Inc.)

Placement Agent’s Fee. As compensation for services rendered, the Company shall pay to the Placement Agent in cash by wire transfer in immediately available funds to an account or accounts designated by the Placement Agent an amount (the “Placement Fee”) equal to seven eight and a half percent (7.08.5%) of the aggregate gross proceeds received by the Company from the sale of the Securities in the Offering(as defined below), at the closing of the Offering (the “Closing” and the date on which the Closing occurs, the “Closing Date”). The Alternatively, if the proceeds of the Offering are to be paid to the Company by the Placement Agent on the Closing Date, the Placement Agent may deduct from the net such proceeds of the Offering payable to the Company on the Closing Date the Placement Fee set forth herein to be paid by the Company to the Placement Agent.

Appears in 2 contracts

Samples: Placement Agency Agreement (Fangdd Network Group Ltd.), Placement Agency Agreement (Fangdd Network Group Ltd.)

AutoNDA by SimpleDocs

Placement Agent’s Fee. As compensation for services rendered, the Company shall pay to the Placement Agent in cash by wire transfer in immediately available funds to an account or accounts designated by the Placement Agent an amount (the “Placement Fee”) equal to seven eight percent (7.08.0%) of the aggregate gross proceeds received by the Company from the sale of the Securities in the OfferingSecurities, at the closing (the “Closing” and the date on which the Closing occurs, the “Closing Date”). The Placement Agent may deduct from the net proceeds of the Offering payable to the Company on the Closing Date the Placement Fee set forth herein to be paid by the Company to the Placement Agent.

Appears in 1 contract

Samples: Placement Agency Agreement (Hepion Pharmaceuticals, Inc.)

Placement Agent’s Fee. As compensation for services rendered, the Company shall pay to the Placement Agent in cash by wire transfer in immediately available funds to an account or accounts designated by the Placement Agent an amount (the “Placement Fee”) equal to seven eight percent (7.08.0%) of the aggregate gross proceeds received by the Company from the sale of the Securities in the Offering, at the closing (the “Closing” and the date on which the Closing occurs, the “Closing Date”). The Placement Agent may deduct from the net proceeds of the Offering payable to the Company on the Closing Date the Placement Fee set forth herein to be paid by the Company to the Placement Agent.

Appears in 1 contract

Samples: Placement Agency Agreement (Glucotrack, Inc.)

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