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PLACING COMMISSION Sample Clauses

PLACING COMMISSION. 9.1 In consideration of the services of the Placing Agent in relation to the Placing and provided that Completion occurs in accordance with Clause 6, the Company shall pay to the Placing Agent a commission of 1.75% of the aggregate Placing Price for the Placing Shares successfully placed by the Placing Agent in pursuance of its obligations herein, which the Placing Agent is hereby authorised to deduct from the payment to be made by it to the Company at Completion pursuant to Clause 6.2(1). 9.2 In addition to the placing commission referred to in Clause 9.1: (1) other than brokerage (if any), such transaction levy as may be payable to the SFC for the Placing Shares and such trading fee as may be payable to the Stock Exchange for the Placing Shares which shall be borne and payable by the Placees as specified in Clauses 2.1 and 9.3(2), the Company shall pay all fees payable to the Stock Exchange and the SFC arising from the creation and issuance of the Placing Shares in accordance with the terms of this Agreement, and all charges, fees and expenses of the Company’s share registrar including (without limitation) their fees and expenses in allotting and issuing the Placing Shares and the issuance of definitive share certificates therefor; and (2) the Company shall bear all out-of-pocket expenses (including but not limited to fees charged in respect of CCASS transactions and the legal fees) reasonably and properly incurred by the Placing Agent in relation to the Placing (subject to the provision of official invoice), which, if ascertained at Completion and subject to the approval by the Company, the Placing Agent is hereby authorised to deduct from the payment to be made to the Company pursuant to this Agreement.
Sample 1
PLACING COMMISSION. Subject to the Managers’ obligations under this Agreement having become unconditional and to this Agreement not having been terminated, BoI shall pay to the Placing Agents (for the account of themselves and the Placing Underwriters) in consideration for their respective services as Placing Agents and Placing Underwriters (whether or not any units of Placing Stock fall to be subscribed for by the Placing Underwriters pursuant to this Agreement) a commission of 2.00 per cent. of an amount equal to the Placing Price multiplied by the total number of units of Placing Stock, such commission to be payable in proportion to the respective Placing Commitments and to accrue in its entirety on the issue of the Placing Stock.
Sample 1
PLACING COMMISSION. 8.1 In consideration of the services of the Placing Agent in relation to the Placing and provided that the Closing occurs in accordance with Clause 5, the Issuer shall pay to the Placing Agent a placing commission of 4% of the aggregate Placing Price of the Notes subscribed for or purchased by the Placees at that Closing, and the Placing Agent is hereby authorised to deduct such aggregate amount of the placing commission from the payment to be made by it to the Issuer at that Closing pursuant to Clause 5.3(1). 8.2 In addition to the placing commission referred to in Clause 8.1, the Issuer shall pay all fees payable to any regulatory authority (if any) arising from the creation and issuance of the Notes in accordance with the terms of this Agreement, and all charges, fees and expenses for creating and issuing the Notes, and the issuance of Note Certificates therefor, to the Placee(s). 8.3 Without prejudice to the generality of Clause 8.2, the Issuer will be responsible to pay all costs and expenses (including legal expenses) incurred by it in connection with: (1) the preparation and release of the announcement relating to the issue of the Notes (if any) and the negotiation and preparation of this Agreement; and (2) the issue of the Notes. 8.4 The Issuer acknowledges that, in addition to the commission, charges, fees and expenses referred to above, the Placing Agent shall be entitled to keep for its own account any brokerage fee that it may receive from the Placee(s).
Sample 1
PLACING COMMISSION. 8.1 In consideration of the services of the Placing Agent in relation to the Placing and provided that Closing(s) occur(s) in accordance with Clause 5, the Issuer shall pay to the Placing Agent a total placing commission of 3.75% (or such other rate as agreed between the Issuer and the Placing Agent in writing) of the aggregate Placing Price of the Notes subscribed for or purchased by the relevant Placee(s) successfully procured by or on behalf of the Placing Agent for that Closing in the following manner: (a) 2.45% of which shall be paid on the respective Closing Date (or if such day is not a Business Day, the immediately following Business Day) (the “First Payment”); and (b) the remaining 1.30% of which shall be paid on the first anniversary of the respective Closing Date or on the date which the Notes are fully redeemed, whichever date is earlier. 8.2 The Placing Agent is hereby authorised to deduct the amount of the First Payment from the payment to be made by it to the Issuer at the respective Closing pursuant to Clause 5.3(1). 8.3 In addition to the placing commission referred to in Clause 8.1, the Issuer shall pay all fees payable to any regulatory authority (if any) arising from the creation and issuance of the Notes in accordance with the terms of this Agreement, and all charges, fees and expenses for creating and issuing the Notes, and the issuance of Notes Certificates therefor, to the Placee(s). 8.4 Without prejudice to the generality of Clause 8.3, the Issuer shall be responsible for all costs and expenses (including legal expenses) incurred by it in connection with: (1) the preparation and release of the Announcement and any other announcement(s) relating to the issue of the Notes (if any) and the negotiation and preparation of this Agreement; and (2) the issue of the Notes. 8.5 The Issuer acknowledges that, in addition to the commission, charges, fees and expenses referred to above, the Placing Agent shall be entitled to keep for its own account any brokerage fee that it may receive from the Placee(s).
Sample 1
PLACING COMMISSION. The Placing Agent shall receive a placing commission of 3% of the amount equal to the Placing Price multiplied by the number of the Placing Shares successfully placed. The Directors consider that the terms of the Placing Agreement (including the Placing Price and placing commission) are on normal commercial terms and are fair and reasonable. The Placing is conditional upon the following conditions being fulfilled:
Sample 1
PLACING COMMISSION. 8.1 In consideration of the services of the Placing Agent in relation to the Placing and provided that the Closing occurs in accordance with Clause 5, the Issuer shall pay to the Placing Agent a placing commission of 5.7% (“Total Placing Commission”) (which shall cover all fees and commission to be paid to any sub-placing agent of the Placing Agent) of the aggregate Placing Price of the Notes subscribed for or purchased by the Placees procured by the Placing Agent (or its sub-placing agent(s)) at that Closing, and the Total Placing Commission shall be paid/settled in the following manner:
Sample 1

Related to PLACING COMMISSION

  • 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.

  • 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.

  • Ceding Commission The Reinsurer shall allow the Company a ceding commission of (or a proportionate share of such amount in the event of a Quota Share Reduction) per annum, to be taken as a deduction from the first monthly premium payment to the Reinsurer at the commencement of this Contract and at each annual anniversary thereof, to cover the Company's operational costs directly allocable to writing the business subject hereto.

  • Commission The term “

  • 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).

  • Commission Approval The Parties understand and agree that this Agreement will be filed with the Commission for approval by such Commission (or the FCC if the Commission fails to act) pursuant to Section 252 of the Act. Each Party specifically reserves its right to judicial review of this Agreement under Section 252(e)(6) of the Act, or any other available remedy at law or equity. If the Commission, the FCC or any court rejects any portion of this Agreement, the Parties agree to meet and negotiate in good faith to arrive at a mutually acceptable modification of the rejected portion and any provisions that would be materially affected by deletion of the rejected portion; provided that such rejected portion shall not affect the validity of the remainder of this Agreement. The Parties acknowledge that nothing in this Agreement shall limit a Party's ability, independent of such Party's agreement to support and participate in the approval of this Agreement, to assert public policy issues relating to the Act, including challenging the validity of any portion of the Act or an FCC or Commission rule, order, Guideline or other determination made pursuant to the Act, or the application by CBT for suspension or modification of portions of the Act or rules pursuant to Section 251(f)(2) of the Act. In the event CBT obtains a suspension or modification of any portion of the Act or rules thereunder pursuant to Section 252(f)(2) of the Act, the Parties shall negotiate as necessary to incorporate the applicable terms and conditions of such suspension or modification and the Parties agree to negotiate as necessary in order to clarify the application of such suspension or modification to the terms of into this Agreement.

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

  • Broker’s Commission The parties recognize as the broker(s) who negotiated this Lease the firm(s), if any, whose name(s) is (are) stated in Item 10 of the Basic Lease Provisions, and agree that Landlord shall be responsible for the payment of brokerage commissions to those broker(s) unless otherwise provided in this Lease. Tenant warrants that it has had no dealings with any other real estate broker or agent in connection with the negotiation of this Lease, and Tenant agrees to indemnify and hold Landlord harmless from any cost, expense or liability (including reasonable attorneys' fees) for any compensation, commissions or charges claimed by any other real estate broker or agent employed or claiming to represent or to have been employed by Tenant in connection with the negotiation of this Lease. The foregoing agreement shall survive the termination of this Lease. If Tenant fails to take possession of the Premises or if this Lease otherwise terminates prior to the Expiration Date as the result of failure of performance by Tenant, Landlord shall be entitled to recover from Tenant the unamortized portion of any brokerage commission funded by Landlord in addition to any other damages to which Landlord may be entitled.

  • 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.

  • Commitment Commission (a) The Borrower agrees to pay the Facility Agent for distribution to each Non-Defaulting Lender a commitment commission (the “Commitment Commission”) for the period from the Effective Date to and including the Commitment Termination Date (or such earlier date as the Total Commitment shall have been terminated) computed at the rate for each relevant period set out in the table below for each day multiplied by the unutilized Commitment (and taking into account for this purpose the increase in the Commitment pursuant to the First Supplemental Agreement) for such day of such Non-Defaulting Lender divided by 360. Accrued Commitment Commission shall be due and payable quarterly in arrears on the first Business Day of each April, July, October and January commencing with January 2013 and on the Borrowing Date contemplated by Section 2.02(a)(vi) (or such earlier date upon which the Total Commitment is terminated). No additional Commitment Commission shall be payable in respect of a Deferred Loan. [*]% p.a. Date of execution of this Agreement - October 15, 2013 [*]% p.a. October 16, 2013 - April 15, 2015 a. April 16, 2015 - Delivery Date (b) The Borrower shall pay to each Agent, for such Agent’s own account or for the account of the Lenders, such other fees as have been agreed to in writing by the Borrower and such Agent.

Most Referenced Clauses

Most Referenced Definitions