Brokers’ Fees definition
Examples of Brokers’ Fees in a sentence
The relative benefits received by the Company on the one hand and the Placement Agent on the other shall be deemed to be in the same proportion as the total net proceeds from the Offering (before deducting expenses) received by the Company bear to the total Brokers’ Fees received by the Placement Agent.
In the event of any such termination by the Company, the Placement Agent shall not be entitled to any amounts whatsoever except (i) as may be due under any indemnity or contribution obligation provided herein or in any other Company Transaction Document, at law or otherwise and (ii) it shall retain any Brokers’ Fees received for Closings that occurred prior to the Termination Date.
The Placement Agent may sell Units through other broker-dealers who are FINRA members and may reallow all or a portion of the Brokers’ Fees (as defined in Section 3(a) below) it receives to such other broker-dealers or pay a finders or consultant fee as allowed by applicable law.
The Company does not have any liability or obligation to pay any fees or commissions to any broker, finder or agent with respect to the transactions contemplated by this Agreement, except for the payment of the Brokers’ Fees to the Brokers, as described above.
Section 6.1. Company Organization 70 Section 6.2. Due Authorization 70 Section 6.3. No Conflict 71 Section 6.4. Litigation and Proceedings 71 Section 6.5. Governmental Authorities; Consents 71 Section 6.6. Capitalization of Acquisition Entities 72 Section 6.7. Brokers’ Fees 73 Section 6.8. Business Activities 73 Section 6.9. Consideration Shares 73 Section 6.10.