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: (i) an amount (the “Placement Fee”) equal to eight percent (8%) of the aggregate gross proceeds received by the Company from the sale of the Securities, at one or more closings (each a “Closing” and the date on which each Closing occurs, a “Closing Date”).

Appears in 3 contracts

Samples: Placement Agency Agreement (usell.com, Inc.), Placement Agency Agreement (usell.com, Inc.), Placement Agency Agreement (usell.com, Inc.)

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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: (i) Agent an amount (the “Placement Fee”) equal to eight percent (88.0%) of the aggregate gross proceeds received by the Company from the sale of the Securities, at one or more closings the closing (each a the “Closing” and the date on which each the Closing occurs, a the “Closing Date”).

Appears in 3 contracts

Samples: Placement Agency Agreement (Cesca Therapeutics Inc.), Placement Agency Agreement (Cesca Therapeutics Inc.), Placement Agency Agreement (ITUS Corp)

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: (i) Agent an amount (the “Placement Fee”) equal to eight seven percent (87.0%) of the aggregate gross proceeds received by the Company from the sale of the Securities, at one or more closings the closing (each a the “Closing” and the date on which each the Closing occurs, a the “Closing Date”).

Appears in 1 contract

Samples: Placement Agency Agreement (Biocept 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: (i) Agent an amount (the "Placement Fee") equal to eight percent (8%) of the aggregate gross proceeds received by the Company from the sale of the Securities, at one or more closings (each a "Closing" and the date on which each Closing occurs, a "Closing Date").

Appears in 1 contract

Samples: Placement Agency Agreement (Cel Sci Corp)

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Placement Agent’s Fee. As compensation for services 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: (i) an amount (the “Placement Fee”) equal to eight seven percent (87%) of the aggregate gross proceeds received by the Company from the sale of the Securities, at one or more closings (each a “Closing” and the date on which each Closing occurs, a “Closing Date”).;

Appears in 1 contract

Samples: Placement Agency Agreement (HiTek Global Inc.)

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