Cash Commission definition

Cash Commission has the meaning given to it in Section 8;

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Cash Commission shall have the meaning ascribed thereto in the recitals to this Agreement.

Cash Commission shall have the meaning ascribed to such term in the preamble of this Agreement;

Examples of Cash Commission in a sentence

• Upon Closing, the Company shall pay to CMS (to be paid directly from the escrowed funds raised) a commission (the "Cash Commission") equal to ten percent (10%) of the aggregate purchase price of the Securities sold to such investor, plus an additional three percent (3%) of the purchase price for non-accountable expenses ("Non-Accountable Expense Fee").

• The Cash Commission will be netted out of the gross proceeds of the Offering.

• The Subscriber acknowledges and agrees that the gross proceeds derived from the sale of the Special Warrants less the Cash Commission (as defined below) shall be paid to the Company on the Closing.

• The Subscriber understands that upon completion of the Offering, the Agent will receive from the Company a cash commission (the "Cash Commission") equal to 8% of the Subscription Price of the Special Warrants to be sold under this offering to Subscribers.

• In connection with CMS's initial offering (the placement of up to $1.5 Million of convertible promissory notes), in addition to the Cash Commission and the Non-Accountable Expense Fee, CMS shall receive placement agent warrants equivalent to 10% of the common shares needed to be issued by the Company to cover the full conversion of the promissory notes to common stock.

More Definitions of Cash Commission

Cash Commission means 4.5% of the gross proceeds of the Offering payable in cash to the Underwriters in accordance with the terms of the Underwriting Agreement;

Cash Commission has the meaning given to that term on the third page of this Agreement;

Cash Commission has the meaning ascribed to such term in Section 17.

Cash Commission has the meaning set out in Section 12; "Compensation Securities" has the meaning set out in Section 12; "Compensation Warrants" has the meaning set out in Section 12;

Cash Commission has the meaning ascribed thereto in Section 14 of this Agreement; "CBD" means cannabinol, a naturally occurring cannabinoid constituent of cannabis; "CDS" means CDS Clearing and Depository Services Inc.;

Cash Commission has the meaning ascribed thereto in Section 13; “CDS” means CDS Clearing and Depository Services Inc.;

Cash Commission means the cash fee equal to 7.5% of the Subscription Proceeds, other than any Subscription Proceeds for Subscribers included on a written list provided by the Issuer to the Agents, payable at the Closing to the U.S. Agent;