Underwriter’s 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.
Underwriter’s Commission. In consideration of this Agreement, the Company agrees to pay to each Underwriter at the Closing Date and each Option Closing Date, as applicable, an underwriting fee equal to (a) 6.0% of the gross proceeds from the sale of the Firm Units by such Underwriter (other than certain Firm Units that are subject to a president’s list provided by the Company to the Representative prior to the date hereof (the “President’s List”) for which the underwriting fee will be 3.0%) and, if applicable, (b) 6.0% of the gross proceeds from the sale of any Additional Units, Additional Unit Shares and/or Additional Warrants by such Underwriter (the “Underwriters’ Commission”). The Underwriters’ Commission may be deducted by the Underwriters from the proceeds of sale of the Firm Units on the Closing Date and, if applicable, the Additional Units, Additional Unit Shares and/or Additional Warrants, on each Option Closing Date. In addition, the Company agrees to pay to the Underwriters, 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. As additional consideration, the each Underwriter will also receive a number of common share purchase warrants (the “Underwriter Warrants” and each common share underlying the Underwriter Warrants, the “Underwriter Warrant Shares”) to purchase a number of common shares equal to 3.0% of the number of Unit Shares purchased by such Underwriter on the Closing Date (other than with respect to the President’s List for which the Underwriter Warrants will be for a number of common shares equal to 1.5% of the number of Unit Shares in connection with the President’s List purchased by such Underwriter) and 3.0% of the number of the Additional Unit Shares purchased by such Underwriter on each Option Closing Date. The Underwriter Warrants will be on the same terms as the Warrants, except as otherwise required by FINRA (as defined in Section 3(hh)), and will have an exercise price of $1.25 and will be in the form of Exhibit E attached hereto.
Underwriter’s 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 5.75% of the gross proceeds from the sale of the Treasury Shares and (ii) at the Option Closing Date (as defined in Section 2(4)) an underwriting fee equal to 5.75% of the gross proceeds from the sale of the Additional Shares, and the Selling Shareholders agree to pay to the Underwriters at the First Closing Date an underwriting fee equal to 5.75% of the gross proceeds from the sale of the Secondary Shares (together, the “Underwriters’ Commission”). The Company will not receive any of the net proceeds to the Selling Shareholders from the sale of the Secondary Shares. The Underwriters’ Commission may be deducted by the Underwriters from the proceeds of sale of the Offered 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 Lead Underwriters, all fees, disbursements and expenses incurred by the Underwriters in accordance with the provisions in Section 6 hereof.
Underwriter’s 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$792,000.00, such cash commission representing US$0.072 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.
Underwriter’s 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).
Underwriter’s 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.
Underwriter’s 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.
Underwriter’s 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.
Underwriter’s 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 on such Trading Day minus (ii) the aggregate number of shares sold during such Trading Day 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 on any Trading Day during a Selling Period 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 been paid.
Underwriter’s Commission. In consideration of this Agreement, the Company agrees to pay to the Underwriters at the Closing Date an underwriting fee equal to 7.0% of the gross proceeds from the sale of the Units (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 Lead Underwriter, all fees, disbursements and expenses incurred by the Underwriters in accordance with the provisions in Section 5 hereof.
