Underwritten Amount definition
Examples of Underwritten Amount in a sentence
In consideration of the services of the Placing Underwriters under this Agreement, the Company shall pay to the Joint Bookrunners (for themselves and on behalf of the Placing Underwriters) an underwriting commission at the rate of 4% of the Underwritten Amount in respect of all of the Placing Shares issued and allotted, out of which the Placing Underwriters will meet all (if any) sub-underwriting commissions.
If for any reason (other than default by ▇ ▇ Were & Son under this letter) the Issue does not proceed or is terminated, Faulding shall immediately pay to ▇ ▇ Were & Son, upon request, a fee equal to 0.125 per cent of the Underwritten Amount and all costs of the Issue in accordance with point 11 below.
On the day on which the last of the Underwritten Shares are issued, but in any event no later than 9 December 1997, Faulding in addition to the underwriting commission must pay to ▇ ▇ Were & Son a management fee of 0.5 per cent of the Underwritten Amount, representing $534,820.
On the day on which the last of the Underwritten Shares is issued, but in any event no later than 9 December 1997, Faulding must pay to ▇ ▇ Were & Son a commission of 1.0 per cent of the Underwritten Amount, representing $1,069,640.