Underwriters’ Fee. The offering of the Certificates to Investors through one or more Underwriters has been arranged. The Underwriters’ fee for this service is ( %) percent of the total Debenture proceeds stated in Section 6. (For calculation of Underwriters’ fee, see Section B.1 of the 504 Authorization.)
Underwriters’ Fee. In consideration of the services to be rendered by the Underwriters in connection with the Offering, the Company shall pay the Underwriters a cash fee (the “Underwriting Fee”) in an amount equal to 6.0% of the gross proceeds of the Offering (including in respect of proceeds derived from the exercise of the Over-Allotment Option). As additional consideration, the Underwriters will also receive non-transferable options (the “Compensation Options”) exercisable at any time up to 24 months following the Closing Date to acquire Common Shares at $1.32 per Common Share in an amount equal to 6.0% of the Offered Shares issued pursuant to the Offering (including in respect of Offered Shares issued upon exercise of the Over-Allotment Option). The Underwriting Fee and the Compensation Options will be paid by the Company to the Underwriters at the Closing Time.
Underwriters’ Fee. In consideration for the Underwriters’ services in connection with the issue and sale of the Units under the terms of this Agreement, the Corporation agrees to pay to Clarus, on behalf of the Underwriters, at Closing Time a cash fee equal to 6.0% of the gross proceeds of the offering of Units, less US $45,000. The Corporation will also grant to the Underwriters broker warrants (the “Broker Warrants”) to purchase that number of Common Shares of the Corporation equal to 3% of the number of Units sold under the terms of this Agreement. The Broker Warrants will be exercisable, in whole or in part, during the currency thereof, at any time during the period commencing on the Closing Date and ending on the date that is 24 months from the Closing Date at an exercise price of the U.S. dollar equivalent of CAD$2.37 (calculated as of the Closing Date), subject to the terms and conditions of the Broker Warrants. At the Closing Time, the Corporation shall deliver to the Underwriters certificates evidencing the terms of the Broker Warrants to which the Underwriters are entitled substantially in form and substance as will be agreed upon by the Corporation and the Underwriters acting reasonably hereto issued in such denominations and in such names as Clarus may direct. The Common Shares of the Corporation which may be acquired upon exercise of the Broker Warrants are referred to herein as “Broker Shares”. Such Underwriter’s resale of Broker Shares shall be registered on the Registration Statement on the same basis as Substituted Purchasers as further described in Schedule “F” to the Subscription Agreement, and the Underwriters shall have the benefit of the provisions thereof.
Underwriters’ Fee. 4.1 The Underwriters will be paid a fee of $0.5425 per FT Share (the “Underwriting Fee”) sold pursuant to this Agreement. Such Underwriting Fee shall be due and payable in full by Pretivm at the Closing Time. The Underwriting Fee shall be payable as provided for in section 5.
4.2 All fees, expenses and other payments under this Agreement shall be paid without giving effect to any withholding or deduction of any tax or similar governmental assessment. If Pretivm is required by law to deduct or withhold any amounts with respect to any such tax or assessment or if any such tax or assessment is required to be paid by the Underwriters or any of their affiliates as a result or arising out of this Agreement, Pretivm shall pay the Underwriters such additional amounts as shall be required so that the net amount received by the Underwriters from Pretivm after such deduction, withholding or payment shall equal the amounts otherwise payable to the Underwriters under this Agreement (provided that, for greater certainty, Pretivm shall have no obligations in respect of any income or other similar taxes of the Underwriters). If any Goods and Services Tax, Harmonized Sales Tax, and/or provincial sales taxes or other similar tax is payable with respect to the fees paid or payable to the Underwriters under this engagement, the Underwriters will add the amount of such tax to its invoice and Pretivm shall pay the Underwriters such tax.
Underwriters’ Fee. In consideration of the services rendered and to be rendered by the Underwriters in connection with the Offering, the Company agrees to pay to the Underwriters a fee (the “Underwriters’ Fee”) in an aggregate amount equal to: (i) C$6,165,000 (4.5%) of the aggregate gross proceeds raised from the sale of the Offered Shares; and (ii) at the Over-Allotment Closing Time, if applicable, a fee equal to 4.5% of the gross proceeds raised from the sale of the Additional Shares. The Underwriters’ Fee shall be payable at the Closing Time and be deducted (along with the expenses of the Underwriters in accordance with Section
Underwriters’ Fee. In consideration of the agreement of the Underwriters to purchase the Offered Notes and the services rendered and to be rendered by the Underwriters in connection herewith, the Corporation agrees to pay the Underwriters at the Closing Time an aggregate fee (the "Underwriting Fee") of [•]% of the principal amount of the Offered Notes. For greater certainty, the services rendered by the Underwriters shall not be subject to any Goods and Services Tax provided for in the Excise Tax Act (Canada) because any taxable supplies provided shall be incidental to the exempt financial services provided.
Underwriters’ Fee. 5.1 In consideration of the services performed by the Underwriters under this Agreement, the Issuer agrees to pay to the Underwriters an Underwriters’ Fee consisting of:
(a) a cash commission equal to 5.0% of the gross proceeds of the Private Placement received by the Issuer, payable at the Closing Time by way of deduction from the gross proceeds of the Private Placement otherwise payable to the Issuer on the closing thereof; and
(b) that number of Underwriters’ Warrants which is equal to 5.0% of the number of Special Warrants sold on Closing.
5.2 The right to purchase an Underwriters’ Warrant Share under an Underwriters’ Warrant may be exercised at any time until the close of business on the day which is 24 months from the Closing Day.
5.3 One Underwriters’ Warrant will entitle the holder, on exercise, to purchase one Underwriters’ Warrant Share at a price of $1.60 per Underwriters’ Warrant Share.
5.4 The Underwriters’ Warrants will be represented by certificates, and will be non- transferable.
5.5 The terms governing the Underwriters’ Warrants will include, among other things, provisions for the appropriate adjustment in the class, number and price of the Underwriters’ Warrant Shares upon the occurrence of certain events, including any subdivision, consolidation or reclassification of the shares, the payment of stock dividends or the amalgamation of the Issuer.
5.6 Except as otherwise provided for in this Agreement, the issue of the Underwriters’ Warrants will not restrict or prevent the Issuer from obtaining any other financing, or from issuing additional securities or rights, during the period within which the Underwriters’ Warrants may be exercised.
Underwriters’ Fee. The Company shall pay the Underwriters a cash fee equal to 5% of the gross proceeds realized by the Company in respect of the sale of the Units sold pursuant to the Offering (the “Underwriters’ Fee”), including for greater certainty in respect of any Additional Securities issued on exercise of the Over-Allotment Option. The obligation of the Company to pay the Underwriters’ Fee shall arise at the Closing Time.
Underwriters’ Fee. In consideration of the services to be rendered by the Underwriters, the Company shall pay to the Underwriters a cash commission equal to 6.0% of the aggregate proceeds raised pursuant to the Offering, inclusive of the Over-Allotment Option (other than in respect of the President’s List (as defined herein) in which case the cash commission shall be reduced to 2.0%). The Company shall have the ability to allocate a portion of the Offering to existing investors of the Company, as of the date of the Engagement Letter (the “President’s List”). The President’s List shall be for a maximum of $1,000,000. The obligation of the Company to pay the Underwriters’ Fee shall arise at the Closing Time.
Underwriters’ Fee. Pay to the Lead Underwriter, for and on behalf of the Underwriters, the Underwriters’ Fee equal to 7.0% of the gross proceeds from the Offering, payable by the Corporation in cash or Offered Units, or any combination of cash and Offered Units at the option of the Lead Underwriter, provided that the Lead Underwriter, for and on behalf of the Underwriters, shall notify the Corporation of its election as to the split between cash and Offered Units at least two Business Days prior to the Closing Date;
