Common use of Underwriter’s Commissions Clause in Contracts

Underwriter’s Commissions. The Company hereby agrees to pay a placement fee in aggregate, by wire transfer of immediately available funds on the Closing Date, if any, a selling commission computed at the rate of six and one half percent (6.5%) of first $10,000,000 and five percent (5%) of any amount in excess thereof of the gross proceeds of the Shares sold in the Offering. The foregoing fee shall be paid to the Underwriter and split among selected dealers and the Underwriter in such amounts as agreed to among them pursuant to a selected dealers’ agreement. The foregoing fee in no way limits or impairs the indemnification and contribution provisions of this Agreement. The Underwriter shall furnish the Company with wire instructions and amounts to payable to each participating broker-dealer, if any.

Appears in 3 contracts

Samples: Underwriting Agreement (China SXT Pharmaceuticals, Inc.), Underwriting Agreement (China SXT Pharmaceuticals, Inc.), Underwriting Agreement (China SXT Pharmaceuticals, Inc.)

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Underwriter’s Commissions. The Company hereby agrees to pay a placement fee an underwriter’s commission in aggregatecash, by wire transfer of immediately available funds on the Closing Date, if anyDate (as defined), a selling commission computed at the rate of six and one half percent seventy-five hundred per cent (6.56.75%) of first $10,000,000 and five percent (5%) of any amount in excess thereof of the gross proceeds of the Shares Securities sold in the Offeringon such Closing Date. The foregoing fee shall be paid to the Underwriter and split among selected dealers and the Underwriter in such amounts as agreed to among them pursuant to a selected dealers’ agreement or master selected dealer’s agreement. The foregoing fee in no way limits or impairs the indemnification and contribution provisions of this Agreement. The Underwriter shall furnish the Company with wire instructions and amounts to payable to each participating broker-dealer, if any.

Appears in 2 contracts

Samples: Underwriting Agreement (Maison Solutions Inc.), Underwriting Agreement (Maison Solutions Inc.)

Underwriter’s Commissions. The Company hereby agrees to pay a placement fee in aggregate, by wire transfer of immediately available funds on the Closing Date, if any, a selling commission computed at the rate of six four percent (4%) of the first $5,000,000 and five and one half percent (6.5%) of first $10,000,000 and five percent (55.5%) of any amount in excess thereof of the gross proceeds of the Shares sold in the Offering. The foregoing fee shall be paid to the Underwriter and split among selected dealers and the Underwriter in such amounts as agreed to among them pursuant to a selected dealers’ agreement. The foregoing fee in no way limits or impairs the indemnification and contribution provisions of this Agreement. The Underwriter shall furnish the Company with wire instructions and amounts to payable to each participating broker-dealer, if any.

Appears in 1 contract

Samples: Underwriting Agreement (China Xiangtai Food Co., Ltd.)

Underwriter’s Commissions. The Company hereby agrees to pay a placement fee in aggregate, by wire transfer of immediately available funds on the Closing Date, if any, a selling commission computed at the rate of six and one half seven percent (6.57%) of first $10,000,000 and five percent (5%) of any amount in excess thereof of the gross proceeds of the Placement Shares sold in the Offeringoffering. The foregoing fee shall be paid to the Underwriter and split among selected dealers and the Underwriter in such amounts as agreed to among them pursuant to a selected dealers’ agreement. The foregoing fee in no way limits or impairs the indemnification and contribution provisions of this Agreement. The Underwriter shall furnish the Company with wire instructions and amounts to payable to each participating broker-dealer, if anydealers.

Appears in 1 contract

Samples: Underwriting Agreement (Shineco, Inc.)

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Underwriter’s Commissions. The Company hereby agrees to pay a placement fee an underwriter’s commission in aggregatecash, by wire transfer of immediately available funds on the each Closing Date and Option Closing Date, if anyrespectively, a selling commission computed at the rate of six percent (6%) of the first $10,000,000 and five and one half percent (6.5%) of first $10,000,000 and five percent (55.5%) of any amount in excess thereof of the gross proceeds of the Shares Securities sold in the Offeringon such Closing Date. The foregoing fee shall be paid to the Underwriter and split among selected dealers and the Underwriter in such amounts as agreed to among them pursuant to a selected dealers’ agreement. The foregoing fee in no way limits or impairs the indemnification and contribution provisions of this Agreement. The Underwriter shall furnish the Company with wire instructions and amounts to payable to each participating broker-dealer, if any.

Appears in 1 contract

Samples: Underwriting Agreement (HiTek Global Inc.)

Underwriter’s Commissions. The Company hereby agrees to pay a placement fee in aggregate, by wire transfer of immediately available funds on the Closing Date, if any, a selling commission computed at the rate of five percent (5%) of the first $5,000,000 and six and one half percent (6.5%) of first $10,000,000 and five percent (5%) of any amount in excess thereof of the gross proceeds of the Shares sold in the Offering. The foregoing fee shall be paid to the Underwriter and split among selected dealers and the Underwriter in such amounts as agreed to among them pursuant to a selected dealers’ agreement. The foregoing fee in no way limits or impairs the indemnification and contribution provisions of this Agreement. The Underwriter shall furnish the Company with wire instructions and amounts to payable to each participating broker-dealer, if any.

Appears in 1 contract

Samples: Underwriting Agreement (China Xiangtai Food Co., Ltd.)

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