Underwriters’ Commission. In consideration of the services to be provided for hereunder, the Company shall pay to the Underwriters a commission equal to 7.5% of the gross proceeds of the Offering.
Underwriters’ Commission. In consideration of the Agreement of the Underwriters to purchase the Shares and to offer them to the public, the Company agrees to pay to the Underwriters (i) at the First Closing Date (as defined in Section 2(3)) an underwriting fee equal to 6.0% of the gross proceeds from the sale of the Firm Shares and (ii) at the Option Closing Date (as defined in Section 2(4)) an underwriting fee equal to 6.0% of the gross proceeds from the sale of the Additional Shares, (the “Underwriters’ Commission”). The Underwriters’ Commission may be deducted by the Underwriters from the proceeds of sale of the Firm Shares on the First Closing Date or the proceeds of sale of the Additional Shares on the Option Closing Date, as applicable. In addition, the Company agrees to pay to the Underwriters, and in the manner specified by the Joint Book-Running Managers, all fees, disbursements and expenses incurred by the Underwriters in accordance with the provisions in Section 5 hereof. The Company has also agreed to pay Xxxx Capital Partners, LLC a financial advisory fee in an amount of up to US$100,000 (the “Xxxx Fee”) for certain financial advisory services performed by Xxxx Capital Partners, LLC in connection with the Offering, which amount will be deducted from the Underwriters’ Commission.
Underwriters’ Commission. In consideration of this Agreement, the Company agrees to pay to the Underwriters at the Closing Date an underwriting fee equal to (a) 6.0% of the gross proceeds from the sale of the Firm Units (other than certain Firm Units that are subject to an agreed upon president’s list for an amount up to $4,000,000 for which the fee will be 4%), and, if applicable, (b) 6.0% of the gross proceeds from the sale of any Additional Units (the “Underwriters’ Commission”). The Underwriters’ Commission may be deducted by the Underwriters from the proceeds of sale of the Firm Units, and, if applicable, the Additional Units, on the Closing Date. In addition, the Company agrees to pay to the Underwriters, and in the manner specified by the Lead Underwriter, all fees, disbursements and expenses incurred by the Underwriters in accordance with the provisions in Section 5 hereof. As additional consideration, the Underwriters will also receive that number of warrants (the “Underwriter Warrants”) equal to 6% of the number of Unit Shares issued pursuant to the offering, including any Additional Unit Shares, other than with respect to the agreed upon president’s list for an amount up to $4,000,000, for which the number of Underwriter Warrants will be 4% of the number of Unit Shares issued in connection therewith. Each Underwriter Warrant will entitle the holder thereof to acquire, from the Company, one common share in the capital of the Company (each an “Underwriter Warrant Share”) at any time prior to 5:00 p.m. (Vancouver time) on the date that is 3 years following the Closing Date upon payment of the exercise price of $2.00 per Warrant Share.
Underwriters’ Commission. In consideration of the Underwriters’ services to be rendered in connection with the Offering, the Company agrees to pay to the Underwriters an aggregate underwriting fee equal to US$941,890, such cash commission representing US$0.0719 per Unit (the “Underwriters’ Commission”). The Underwriters’ Commission may be deducted by the Underwriters from the proceeds of sale of the Units on the Closing Date. In addition, the Company agrees to pay to the Underwriters, and in the manner specified by the Underwriters, all fees, disbursements and expenses incurred by the Underwriters in accordance with the provisions in Section 4 hereof.
Underwriters’ Commission. In consideration of this Agreement, the Company agrees to pay to the Underwriters (a) at the First Closing Date, an underwriting fee equal to 6.0% of the gross proceeds from the sale of the Firm Units, and, if applicable (b) at the Option Closing Date (as defined in Section 2(4)), an underwriting fee equal to 6.0% of the gross proceeds from the sale of any Additional Units (the “Underwriters’ Commission”). The Underwriters’ Commission may be deducted by the Underwriters from the proceeds of sale of the Firm Units on the First Closing Date or the proceeds of the sale of Additional Units on the Option Closing Date, as applicable. In addition, the Company agrees to pay to the Underwriters, and in the manner specified by the Co-Lead Underwriters, all fees, disbursements and expenses incurred by the Underwriters in accordance with the provisions in Section 5 hereof.
Underwriters’ Commission. In consideration of this Agreement, the Company agrees to pay to the Underwriters at the Closing Date an underwriting fee equal to (a) 6.0% of the gross proceeds from the sale of the Firm Units, and, if applicable, (b) 6.0% of the gross proceeds from the sale of any Additional Units (the “Underwriters’ Commission”). The Underwriters’ Commission may be deducted by the Underwriters from the proceeds of sale of the Firm Units, and, if applicable, the Additional Units, on the Closing Date. In addition, the Company agrees to pay to the Underwriters, and in the manner specified by the Co-Lead Underwriters, all fees, disbursements and expenses incurred by the Underwriters in accordance with the provisions in Section 5 hereof. Each of the Co-Lead Underwriters shall be allocated a customary book-runner fee equal to 2.5% of the Underwriters’ Commission (net of any selling concessions to the syndicate of Underwriters).
Underwriters’ Commission. In consideration of the Agreement of the Underwriters to purchase the Offered Units and to offer them to the public, the Company agrees to pay to the Underwriters (a) at the First Closing Date (as defined in Section 2(3)) an underwriting fee equal to 3% of the gross proceeds from the sale of the Firm Units to those purchasers agreed to by the Representative and the Company, and 6% of the gross proceeds from the sale of the Firm Units to all other purchasers; and (b) at the Option Closing Date (as defined in Section 2(4)) an underwriting fee equal to 6% of the gross proceeds from the sale of the Additional Units (the “Underwriters’ Commission”). The Underwriters’ Commission may be deducted by the Underwriters from the proceeds of sale of the Firm Units on the First Closing Date or the proceeds of sale of the Additional Units on the Option Closing Date, as applicable. In addition, the Company agrees to pay to the Underwriters, and in the manner specified by the Representative, all fees, disbursements and expenses incurred by the Underwriters in accordance with the provisions in Section 5 hereof.
Underwriters’ Commission. As compensation for the services rendered to the Fund by the Underwriters in connection with the Offering, the Fund will pay to the Underwriters a commission equal to 4% of the aggregate principal amount of the Offered Securities, or $40 per Offered Security, sold to the Underwriters under this Agreement, payable at the Time of Closing by wire transfer in immediately available funds to the account(s) specified by the Lead Underwriters in writing.
Underwriters’ Commission. During the Selling Period, the Company will pay the Underwriter, at the end of each Trading Day, a commission (the "Commission") equal to the difference, if any, between (i) the daily gross proceeds from sales of shares minus (ii) the aggregate number of shares sold multiplied by the Underwriting Price. Such Commission will be deducted from the Company's account at the end of each Trading Day during a Selling Period. In the event that the Commission shall equal a negative amount, such Commission shall not be paid by the Underwriter to the Company at the end of such Trading Day, but rather shall be accumulated and credited against the next Commission(s) payable by the Company to the Underwriter. Immediately following the Selling Period, the Underwriter shall pay to the Company any accumulated amounts which have not so credited.
Underwriters’ Commission. In consideration of the Underwriters’ services to be rendered in connection with the Offering, the Company agrees to pay to the Underwriters an underwriting fee equal to 5.75% of the gross proceeds of the Offering, such cash commission representing US$0.4456 per Initial Share and US$0.4456 per Over-Allotment Share (collectively, the “Underwriters’ Commission”). The Underwriters’ Commission may be deducted by the Underwriters from the proceeds of sale of the Initial Shares on the First Closing Date or the proceeds of sale of the Over-Allotment Shares on the Option Closing Date (as defined in Section 2(4)), as applicable. In addition, the Company agrees to pay to the Representative, all fees, disbursements and expenses incurred by the Representative in accordance with the provisions in Section 6 hereof.
