Selling Commission. The compensation to the Sales Agent for sales of the Common Shares hereunder shall be a percentage (not to exceed 1.00%) of the gross offering proceeds of the Common Shares sold by the Sales Agent pursuant to this Agreement (the “Selling Commission”). The Company may sell Common Shares to the Sales Agent as principal at a price agreed upon at the relevant Applicable Time.
Appears in 8 contracts
Samples: Sales Agency Financing Agreement (Southern Co), Sales Agency Financing Agreement (Southern Co), Sales Agency Financing Agreement (Southern Co)
Selling Commission. The compensation to the Sales Agent for sales of the Common Shares hereunder shall be a percentage (not to exceed 1.00%) of the gross offering proceeds of the Common Shares sold by the Sales Agent pursuant to this Agreement (the “Selling Commission”). The Company may sell Common Shares to the Sales Agent as principal at a price agreed upon at the relevant Applicable TimeTime and as to be set forth in a Terms Agreement.
Appears in 4 contracts
Samples: Sales Agency Financing Agreement (Southern Co), Sales Agency Financing Agreement (Southern Co), Sales Agency Financing Agreement (Southern Co)
Selling Commission. The compensation to the Sales Agent for sales of the Common Shares hereunder shall be a percentage (not to exceed 1.00%) of the gross offering proceeds of the sales price per Common Shares Share sold by the Sales Agent pursuant to this Agreement (the “Selling Commission”). The Company may sell Common Shares to the Sales Agent as principal at a price agreed upon at the relevant Applicable TimeTime and as to be set forth in a Terms Agreement.
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