Selling Commission definition
Examples of Selling Commission in a sentence
Notwithstanding the provisions of this Section 6(e), the Agent shall not be required to contribute any amount in excess of the Selling Commission received by the Agent in connection with the offering contemplated hereby.
As compensation for services rendered, the Company shall pay to the Agent, on the applicable Settlement Date, the Selling Commission for the applicable Issuance Amount (including with respect to any suspended or terminated sale pursuant to Section 3(b)(vi)) by the Agent deducting the Selling Commission from the applicable Issuance Amount.
For the avoidance of doubt, the Company shall not be required to pay the Agent any Selling Commission with respect to any Placement Notice, except to the extent Shares are placed pursuant thereto.