Selling Concession definition
Examples of Selling Concession in a sentence
The Selling Concession on any such sales will be credited to the accounts of the Underwriters as the Manager will determine.
If the price for any such sales by the Manager to Dealers exceeds an amount equal to the Offering Price less the Selling Concession set forth in the applicable AAU, the amount of such excess, if any, will be credited to the accounts of the Underwriters as the Manager will determine.
We may, in our sole discretion, retain the applicable Selling Concession in respect of the Securities to be purchased by you for release at a date specified by us.
After the initial Offering has commenced, we may change the Offering Price, the Selling Concession and the Reallowance (if any) to Selected Dealers.
The Selling Concession on any such sales shall be credited to the accounts of the Underwriters as the Manager shall determine.
If the price for any such sales by the Manager to Dealers exceeds an amount equal to the Offering Price less the Selling Concession set forth in the applicable AAU, the amount of such excess, if any, shall be credited to the accounts of the Underwriters as the Manager shall determine.
The Manager's or a Co-Manager's "UNDERWRITING FEE SHARE" is the dollar amount of its Underwriting Percentage of the aggregate initial Offering Price of the Firm Securities less the Purchase Price thereof, less the Selling Concession thereon.
The Manager's or a Co-Manager's "SELLING CONCESSION SHARE" is the dollar amount of any Selling Concession credited to it on sales from the institutional pot or on sales made for the account of any other Underwriter.
The Manager's or a Co-Manager's "OFFERING ECONOMICS" equals the sum of its Management Fee Share, its Underwriting Fee Share and its Selling Concession Share (each as hereinafter defined).
The Manager’s or a Co-Manager’s “Underwriting Fee Share” is the dollar amount of its Underwriting Percentage of the aggregate initial Offering Price of the Firm Securities less the Purchase Price thereof, less the Selling Concession thereon.