Placement Agents Fees and Expenses Sample Clauses

Placement Agents Fees and Expenses. Holder understands that, upon any exercise of this Warrant, the Placement Agent (as defined in the Purchase Agreement) shall be entitled to receive a commission equal to 10% and a non-accountable expense allowance equal to 2% of the aggregate Exercise Price paid by Holder upon such exercise. The Company shall direct the Holder to make such commission and expense payment directly to the Placement Agent and the Holder shall comply with such direction.
AutoNDA by SimpleDocs
Placement Agents Fees and Expenses. At each Closing, the Company shall pay to the Placement Agent cash commissions equal to 8% of the gross proceeds of the sale of the Securities and a nonaccountable expense allowance equal to 2% of the gross proceeds of the sale of the Securities. The Company shall issue to the Placement Agent the Purchase Option to purchase 10% of the number of shares of Preferred Stock and 10% of the Warrants issued to the Subscribers at such Closing. At the Initial Closing (and if additional fees and expenses are incurred by the Placement Agent then at subsequent Closings as well), the Company also shall reimburse the Placement Agent for the expenses described in Section 5.2 hereof. All the foregoing amounts and any other expenses to be paid pursuant to Section 5.2 are payable at the Placement Agent's direction directly to the parties who are owed same by deduction from the aggregate purchase price of the Securities sold.
Placement Agents Fees and Expenses. At the Closing, the Company shall pay to the Placement Agent a commission equal to 10% of the aggregate purchase price of the Units sold in the Offering. In order to reimburse the Placement Agent for its expenses incurred in connection with the Offering, at the Closing, the Company also shall pay to the Placement Agent a non-accountable expense allowance equal to 3% of the aggregate purchase price of the Units (less $20,000 paid on account) sold in the Offering. On or before the Closing, the Company shall pay the fees and disbursements of GM&M referred to in Section 5.3 below in connection with the qualification of the Units under the securities or Blue Sky laws of the states which the Placement Agent shall designate and the other expenses of the offering that are referred to in Section 5.3 below. All the foregoing amounts are payable directly to the parties who are owed same by deduction from the aggregate purchase price of the Units sold.
Placement Agents Fees and Expenses. Subject to the terms and conditions hereof, payment of the purchase price for, and delivery of, the Securities shall be made at the closing (the “Closing” and the date on which the Closing occurs, a “Closing Date”). The Closing of the issuance of the Securities shall occur via “Delivery Versus Payment”, i.e., on the Closing Date, the Company shall issue the Securities directly to the account designated by the Placement Agent and, upon receipt of such Securities, the Placement Agent shall electronically deliver such Securities to the applicable Purchaser and payment shall be made by the Placement Agent (or its clearing firm) by wire transfer to the Company. The Company acknowledges and agrees that it will be responsible for and shall pay: i. a fee equal to six percent (6%) of the aggregate gross proceeds received by the Company at the Closing; (A) all costs and expenses incident to the purchase, sale and delivery of Securities in the Transaction, including, without limitation, all fees and expenses of filing with the Commission and FINRA, (B) all Blue Sky fees and expenses; all fees and disbursements of counsel and accountants for the Company, (C) all printing costs, (D) all costs of background investigations, (E) all “roadshow” costs (regardless of the form in which the roadshow is conducted), and (F) all costs of the Placement Agent and Company personnel, including, but not limited to, commercial coach class air travel and local hotel accommodations and transportation; and iii. all actual, reasonable and documented out-of-pocket fees and expenses, including but not limited to, actual, reasonable and documented fees and disbursements of counsel (up to a maximum aggregate amount of up to $75,000 if the Placement is consummated and $40,000 if no Placement is consummated).
Placement Agents Fees and Expenses. At each Closing, the Company shall pay to the Placement Agent cash commissions equal to 6% of the gross proceeds of the sale of the Units and a nonaccountable expense allowance equal to 2% of the gross proceeds of the sale of the Units. At the Initial Closing (and if additional fees and expenses are incurred by the Placement Agent then at subsequent Closings as well), the Company also shall reimburse the Placement Agent for the expenses described in Section 5.2 hereof. All the foregoing amounts and any other expenses to be paid pursuant to Section 5.2 are payable at the Placement Agent's direction directly to the parties who are owed same by deduction from the aggregate purchase price of the Units sold.
Placement Agents Fees and Expenses. At closing, the issuer will pay to the placement agent a commission over the aggregate purchase price of the securities sold by the placement agent. The parties may also agree that the issuer grants to the agent a certain percentage of securities as part of the compensation package. This will also facilitate the commercialization process for the agent between its clients, as the agent will be keeping a percentage of the securities that are being issued. In other words, that it will be sharing the risk with investors (what is known as having “skin in the game”).
Placement Agents Fees and Expenses. At the Closing, the Company shall pay to the Placement Agent a commission equal to 10% of the aggregate purchase price of the Units sold in the Offering. In order to reimburse the Placement Agent for its expenses incurred in connection with the Offering, at the Closing, the Company also shall pay to the Placement Agent a non-accountable expense allowance equal to $35,000 (less $10,000 paid on account). On or before the Closing, the Company shall also pay the fees and disbursements of GM&M referred to in Section 5.2 below in connection with the qualification of the Units under the securities or Blue Sky laws of the states which the Placement Agent shall designate and the other expenses of the offering that are referred to in Section 5.2 below. All the foregoing amounts are payable directly to the parties who are owed same by deduction from the aggregate purchase price of the Units sold.
AutoNDA by SimpleDocs
Placement Agents Fees and Expenses. At the Initial Closing, and at each subsequent Closing, the Company shall pay to the Placement Agent a commission equal to ten (10%) percent of the aggregate purchase price of the shares sold by the Placement Agent plus up to three (3%) percent Non-Accountable Expense Allowance of the aggregate purchase price of each share sold. The Retainer Amount will be applied against the Non Accountable Expenses Allowance, and the Placement Agent will be entitled only to the difference between them, if any. In any event, the total Expenses of Offering payable by the Company shall not exceed thirty six thousand dollars ($36,000). The company will also issue to the Placement Agent shares of common stock equal to ten percent (10%) of the total number of shares of common stock issued to the Subscribers.
Placement Agents Fees and Expenses. At each Closing, the Company shall pay to the Placement Agent a commission equal to 10% of the aggregate purchase price of the Preferred Stock sold. On or before the Initial Closing, the Company shall pay the legal fees and disbursements of GM&M referred to in paragraph 5.2 below. All the foregoing amounts are payable directly to the parties who are owed same by deduction from the aggregate pur chase price of the Preferred Stock sold.
Placement Agents Fees and Expenses. At each Closing, the Company shall pay to the Placement Agent a commission equal to 8% of the aggregate purchase price of the Units sold at such Closing. In order to reimburse the Placement Agent for its expenses incurred in connection with the Offering, at each Closing, the Company also shall pay to the Placement Agent a non-accountable expense allowance equal to 3% of the aggregate purchase price of the Units. At the Initial Closing, the Company shall (i) pay the fees and disbursements of GM&M referred to in Section 5.3 below in connection with the qualification of the Units and the underlying securities under the
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!