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 3.5% of the aggregate Placing Price for the Placing Shares placed by the Placing Agent on behalf of the Company pursuant to its obligations herein, which the Placing Agent is hereby authorised to deduct from the payment to be made by or procured 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, 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) 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, the Placing Agent is hereby authorised to deduct from the payment to be made or procured to be made to the Company pursuant to this Agreement.
9.3 Without prejudice to the generality of Clause 9.2(1), the Company 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 and the negotiation, preparation and completion of this Agreement; and
(2) the issue of the Placing Shares (excluding 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).
9.4 Payment of the amounts referred to in Clause 9.2(2) to the extent they have been reasonably and properly incurred, shall be made by the Company to the Placing Agent whether or not Completion takes place.
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 1.5% of the aggregate Placing Price for the Placing Shares placed by the Placing Agent on behalf of the Company pursuant to 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, 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) 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, the Placing Agent is hereby authorised to deduct from the payment to be made to the Company pursuant to this Agreement.
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).
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:
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.
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:
