Compensation of Placement Agent. (a) Subject to any more specific terms that you may from time to time agree with the Investment Manager, you are entitled to charge a sales commission on the purchase price of a Share of up to 2.0% upon acceptance of the subscription documentation by the Fund as generally described in the Memorandum. You will ensure that the amount of the sales commission is either (i) paid directly to you by the investor or (ii) deducted by you from the investor’s subscription amount and that the balance of the subscription amount is remitted to the Fund’s escrow agent. You will notify the Fund of the amount of the sales commission that is paid with respect to each subscription of Shares as well as the subscription amount remitted to the Fund’s escrow agent with respect to each subscription.
Compensation of Placement Agent. Each Investor acknowledges that it is aware that the Placement Agent will receive from the Company, in consideration for its services as financial advisor and placement agent in respect of the transactions contemplated hereby:
Compensation of Placement Agent. In consideration for the Placement Agent's execution of this Agreement, and for the performance of its obligations hereunder, the Company agrees to pay the Placement Agent a commission of ten percent (10%) of the gross proceeds received from the sale of the Units; provided, in the event Minimum Subscriptions are not received or Minimum Payments are not made and the offering is terminated, the Placement Agent shall not receive any commission. Any commissions payable to the Placement Agent under this paragraph shall be payable on the Closing Date or as otherwise provided herein.
Compensation of Placement Agent. Other than as set forth below, the Placement Agent will receive no fee, payment or other remuneration from the Distributor, the Trust or the Adviser for its services under this Agreement.
Compensation of Placement Agent. As compensation for its services rendered as Placement Agent under this Agreement, the Placement Agent shall receive the following compensation:
Compensation of Placement Agent. The Investor acknowledges that it is aware that the Placement Agent will receive from the Company, in consideration for its services as financial advisor and placement agent in respect of the transactions contemplated hereby, (a) a commission success fee equal to 8% of the Principal Amount of the Notes sold at each Closing, payable in cash, (b) an expense allowance, which shall include reimbursement of legal expenses incurred in connection with the transactions contemplated hereby, not to exceed $20,000 without the Company’s prior written approval, payable in cash, (c) reimbursement for all filing fees the Placement Agent is required to pay the Financial Industry Regulatory Authority (“FINRA”) and reasonable fees and expenses of legal counsel to Placement Agent in connection with such filings with FINRA; and (d) five-year warrants to purchase such number of shares of the Company’s Common Stock equal to eight percent (8%) of the number of Shares initially issuable upon conversion of the Notes sold in the Offering, at an exercise price equal to $0.18 per share.
Compensation of Placement Agent. The Investor acknowledges that it is aware that the Placement Agent will receive from the Company, in consideration for its services as financial advisor and placement agent in respect of the transactions contemplated hereby, (a) a commission success fee equal to eight percent (8%) of the Purchase Price of the Shares sold at each Closing, payable in cash, (b) an expense allowance, which shall include reimbursement of legal expenses incurred in connection with the transactions contemplated hereby, not to exceed $25,000 without the Company’s approval, payable in cash, and (c) five-year warrants to purchase such number of shares of the Company’s Common Stock equal to ten percent (10%) of the number of Shares sold in the Offering, at an exercise price per share equal to $1.05.
Compensation of Placement Agent. (a) UST shall not be entitled to receive any compensation from the Company for the services provided hereunder and instead UST shall be compensated for its services by U.S. Trust Hedge Fund Management, Inc. ("USTHFMI"), the Company's manager, in accordance with the terms of an agreement entered into between UST and USTHFMI or an affiliate thereof.
Compensation of Placement Agent. (a) You are entitled to charge a sales commission on the purchase price of Interests of up to 2.5% upon acceptance of the subscription documentation by the General Partner; provided, that you will have the authority to waive or reduce the sales commission in particular cases, at your sole discretion in consultation with the General Partner and as generally described in the Memorandum.
Compensation of Placement Agent. (a) Except as may otherwise be agreed to by the Fund for the Fund, MSDI will be responsible for the payment of all costs and expenses incurred by MSDI in connection with the performance of MSDI's obligations under this Agreement.
