Commissions and Discounts Sample Clauses

Commissions and Discounts. The Company may at any time pay a reasonable commission or allow a reasonable discount to any person in consideration of that person purchasing or agreeing to purchase shares of the Company from the Company or any other person or procuring or agreeing to procure purchasers for shares of the Company.
AutoNDA by SimpleDocs
Commissions and Discounts. The Trustees may provide for the payment by the Trust of commissions or may allow discounts to persons in consideration of their subscribing or agreeing to subscribe, whether absolutely or conditionally, for Units or of their agreeing to produce subscriptions therefor, whether absolute or conditional.
Commissions and Discounts. The directors may, at any time, authorize the Company to pay a reasonable commission or allow a reasonable discount to any person in consideration of that person purchasing or agreeing to purchase shares of the Company from the Company or any other person or procuring or agreeing to procure purchasers for shares of the Company.
Commissions and Discounts. The underwriters have advised the Issuer that they propose initially to offer the shares to the public at the Public Offering Price, and to dealers at that price less a concession not in excess of $0.3250 per share. Joint Book-Running Managers: X.X. Xxxxxx Securities Inc. and Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated. Co-Managers: Barclays Capital Inc., Rabo Securities USA, Inc., SunTrust Xxxxxxxx Xxxxxxxx, Inc., Citigroup Global Markets Inc., Mizuho Securities USA Inc., Scotia Capital (USA) Inc., Wachovia Capital Markets, LLC, BNP Paribas Securities Corp., Daiwa Securities America Inc., Lazard Capital Markets LLC, Credit Suisse Securities (USA) LLC, X.X. Xxxxxxxx & Co., Xxxxxxx, Sachs & Co., HSBC Securities (USA) Inc., ING Financial Markets LLC, Xxxxxx Xxxxxxx & Co. Incorporated and U.S. Bancorp Investments, Inc.
Commissions and Discounts. The underwriters have advised the Issuer that they propose initially to offer the Notes at a price of 100% of the principal amount of Notes, plus accrued interest from the original issue date of the Notes, if any, and to dealers at a price less a concession not in excess of 1.50% of the principal amount of the Notes, plus accrued interest from the original issue date of the Notes, if any. The following table shows the Public Offering Price, underwriting discount and proceeds before expenses (which expenses, not including the underwriting discount, are estimated to be $1,243,000 and are payable by the Issuer) to the Issuer. The information assumes either no exercise or full exercise by the underwriters of their over-allotment option. The underwriters have agreed to reimburse certain of the Issuer’s offering expenses. Per Note Without Option With Option Public offering price $ 1,000 $ 450,000,000 $ 517,500,000 Underwriting discount $ 25 $ 11,250,000 $ 12,937,500 Proceeds, before expenses, to the Issuer $ 975 $ 438,750,000 $ 504,562,500 FINRA Regulations: Xxxxxx Xxxxxxx & Co. Incorporated has agreed to act as qualified independent underwriter for the offering. Joint Book-Running Managers: X.X. Xxxxxx Securities Inc. and Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated. Co-Managers: Barclays Capital Inc., Rabo Securities USA, Inc., SunTrust Xxxxxxxx Xxxxxxxx, Inc., Citigroup Global Markets Inc., Mizuho Securities USA Inc., Scotia Capital (USA) Inc., Wachovia Capital Markets, LLC, BNP Paribas Securities Corp., Daiwa Securities America Inc., Lazard Capital Markets LLC, Credit Suisse Securities (USA) LLC, X.X. Xxxxxxxx & Co., Xxxxxxx, Sachs & Co., HSBC Securities (USA) Inc., ING Financial Markets LLC, Xxxxxx Xxxxxxx & Co. Incorporated and U.S. Bancorp Investments, Inc. CUSIP Number: 902494 AP8 Convertible Note Hedge and Warrant Transactions: The convertible note hedge transactions cover, subject to customary anti-dilution adjustments, approximately 26.637 million shares of the Issuer’s Class A common stock. The warrants issued to affiliates of the underwriters of the Notes cover, subject to customary anti-dilution adjustments, approximately 26.637 million shares of the Issuer’s Class A common stock. The cost of the convertible note hedge transactions, after being partially offset by the proceeds from the sale of the warrants, was $48.375 million. If the underwriters exercise their over-allotment option to purchase additional Notes, the Issuer will use a portion...
Commissions and Discounts. The underwriters have advised the Issuer that they propose to initially offer the shares of the Issuer’s common stock directly to the public at the Public Offering Price and to dealers at that price less a concession not in excess of $0.2677 per share. After the initial public offering of the shares of the Issuer’s common stock to the public, the Public Offering Price and other selling terms may be changed by the underwriters. The following table shows the Public Offering Price, underwriting discounts and commissions and proceeds to the Issuer, before estimated offering expenses payable by the Issuer. The information assumes either no exercise or full exercise by the underwriters of their option to purchase up to 3,105,000 additional shares of the Issuer’s common stock. Per share Without option With option Public offering price $ 10.5000 $ 217,350,000.00 $ 249,952,500.00 Underwriting discount $ 0.4725 $ 9,780,750.00 $ 11,247,862.50 Proceeds, before expenses, to the Issuer $ 10.0275 $ 207,569,250.00 $ 238,704,637.50 The expenses of the Common Stock Offering and the Convertible Senior Notes Offering, not including the underwriting discounts and commissions, are estimated to be $600,000 and are payable by the Issuer. Joint Book-Running Managers: Xxxxxxx, Xxxxx & Co. and X.X. Xxxxxx Securities Inc. Co-Managers: Citigroup Global Markets Inc, Barclays Capital Inc, UBS Securities LLC, Deutsche Bank Securities Inc., Credit Suisse Securities (USA) LLC, Xxxxxxx Xxxxx, Xxxxxx Xxxxxx & Xxxxx Incorporated, HSBC Securities (USA) Inc. and The Bank of Tokyo Mitsubishi UFJ, Ltd.
Commissions and Discounts. The underwriters have advised the Issuer that they propose to offer the shares of the Issuer’s common stock initially at the Public Offering Price per Share and to selling group members at that price less a selling concession of $0.18525 per share of common stock. The following table summarizes the compensation and estimated expenses that the Issuer will pay: Per Share Total Without Over- allotment With Over- allotment Without Over- allotment With Over- allotment Underwriting Discounts and Commissions paid by the Issuer $ 0.30875 $ 0.30875 $ 6,506,906.25 $ 7,482,942.19 Expenses payable by the Issuer $ 0.01 $ 0.01 $ 300,000 $ 300,000 Joint Book-Running Managers: Xxxxxx Xxxxxxx & Co. Incorporated and Credit Suisse Securities (USA) LLC Co-Managers: Capital One Southcoast, Inc., Xxxxxxxxx Capital Partners, LLC, Xxxxxx Xxxx Incorporated and Xxxxxxx Rice & Company L.L.C.
AutoNDA by SimpleDocs
Commissions and Discounts. The underwriters have advised the Issuer that they propose initially to offer the Notes at a price of 100% of the principal amount of Notes, plus accrued interest from the original issue date of the Notes, if any, and to dealers at a price less a concession not in excess of 1.8% of the principal amount of the Notes, plus accrued interest from the original issue date of the Notes, if any. The following table shows the public offering price, underwriting discount and proceeds before expenses (which expenses, not including the underwriting discount, are estimated to be $1.0 million and are payable by the Issuer) to the Issuer. The information assumes either no exercise or full exercise by the underwriters of their over-allotment option. Per Note Without Option With Option Public offering price $ 1,000 $ 300,000,000 $ 345,000,000 Underwriting discount $ 30 $ 9,000,000 $ 10,350,000 Proceeds, before expenses, to the Issuer $ 970 $ 291,000,000 $ 334,650,000 Joint Book-Running Managers: Xxxxxxx Xxxxx, Xxxxxx, Xxxxxx & Xxxxx Incorporated (49.5%) and X.X. Xxxxxx Securities Inc. (49.5%) Co-Manager: Xxxxxxxx, Xxxxxxxx, Xxxxxx & Co., Inc. (1%) CUSIP Number: 651229 AH9 Convertible Note Hedge and Warrant Transactions: The convertible note hedge transactions cover, subject to anti-dilution adjustments substantially similar to those applicable to the Notes, approximately 34.86 million shares of the Issuer’s common stock. The warrants issued to affiliates of the underwriters of the Notes cover, subject to customary anti-dilution adjustments, approximately 34.86 million shares of the Issuer’s common stock. The cost of the convertible note hedge transactions, after being partially offset by the proceeds from the sale of the warrants, was $31.5 million. If the option granted to the underwriters to purchase additional Notes is exercised, the Issuer will use a portion of the net proceeds from the sale of the additional Notes to increase the size of the convertible note hedge transactions. The Issuer will also sell additional warrants, which would result in additional proceeds to it. Adjustment to Shares Delivered Upon Conversion Upon a Make-whole Fundamental Change: The following table sets forth the number of additional shares to be added to the conversion rate per $1,000 principal amount of Notes for each stock price and effective date set forth below: Stock Price Effective Date $6.62 $7.00 $8.00 $9.00 $10.00 $15.00 $20.00 $30.00 $40.00 $60.00 March 30, 2009 34.8594 30.6396 22...
Commissions and Discounts. The underwriters propose initially to offer the notes at a price of 100% of the principal amount of notes, plus accrued interest from the Settlement Date, if any, and to dealers at that price less a concession not in excess of 1.65% of the principal amount of the notes, plus accrued interest from the Settlement Date, if any. After the initial offering, the public offering price, concession or any other term of the offering may be changed. The Issuer has filed a registration statement including a prospectus and a preliminary prospectus supplement with the Securities and Exchange Commission, or SEC, for the offering to which this communication relates. Before you invest, you should read the prospectus and preliminary prospectus supplement in that registration statement and other documents the Issuer has filed with the SEC for more complete information about the Issuer and this offering. You may obtain these documents for free by visiting XXXXX on the SEC Web site at xxx.xxx.xxx. Alternatively, the prospectus, the preliminary prospectus supplement, and the final prospectus supplement when available, may be obtained from BofA Xxxxxxx Xxxxx at 000-000-0000; Citigroup at c/o Broadridge Financial Solutions, 0000 Xxxx Xxxxxx Xxxxxx, Xxxxxxxx, XX 00000 or by telephone at 000-000-0000; or Xxxxx Fargo Securities, Attention: Equity Syndicate Department, 000 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx, 00000 or by telephone at (000) 000-0000 or email a request to xxxxxxxxxxxxxx@xxxxxxxxxx.xxx. ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM. \
Commissions and Discounts. The General Partner may provide for the payment of commissions or may allow discounts to persons in consideration of their subscribing or agreeing to subscribe, whether absolutely or conditionally, for Units or other securities issued by the Fund or of their agreeing to procure subscriptions therefor, whether absolute or conditional.
Time is Money Join Law Insider Premium to draft better contracts faster.