Selling Commission definition

Selling Commission means three percent (3%) of the gross proceeds of Shares sold pursuant to this Agreement, or as otherwise agreed between the Company and the Agent with respect to any Shares sold pursuant to this Agreement.

Selling Commission means the fee payable to the Dealer Manager and reallowable to Soliciting Dealers with respect to Shares sold by them in a Primary Offering.

Selling Commission means three percent (3.0%) of the gross proceeds of Shares sold pursuant to this Agreement.

Examples of Selling Commission in a sentence

• For clarification, if a Syndicate ASBA application on the application form number / series of a Syndicate / Sub- Syndicate Members, is bid by an SCSB, the Selling Commission will be payable to the SCSB and not the Syndicate / Sub-Syndicate Members.

• Selling Commission payable to the SCSBs will be determined on the basis of the bidding terminal ID as captured in the Bid book of BSE or NSE.

• For Non-Institutional Bidders (above ₹ 0.5 million), Syndicate ASBA Form bearing SM Code & Sub-Syndicate Code of the application form submitted to SCSBs for Blocking of the Fund and uploading on the Exchanges platform by SCSBs. For clarification, if a Syndicate ASBA application on the application form number / series of a Syndicate / Sub-Syndicate Member, is bid by an SCSB, the Selling Commission will be payable to the Syndicate / Sub Syndicate members and not the SCSB.

More Definitions of Selling Commission

Selling Commission means seven percent (7.0%) of Gross Proceeds from the sale of Shares in a Primary Offering payable to the Dealer Manager and reallowable to Soliciting Dealers with respect to Shares sold by them.

Selling Commission means 1.0% of the Sales Price.

Selling Commission means up to three percent (3.0%) of the gross proceeds from the sale of any Shares.

Selling Commission means at a mutually agreed rate, not to exceed 2.0%, of the Sales Price of Common Shares sold during a Selling Period.

Selling Commission means at a mutually agreed rate, not to exceed 2.0%, of the Sales Price of Program Shares sold during a Selling Period.

Selling Commission means two percent (2%) of the gross proceeds of the Shares sold pursuant to this Agreement.

Selling Commission means 1.0% of the Sales Price of Common Shares sold during a Selling Period.