Corporate Finance Fee. A corporate finance fee of 1.0% of the gross proceeds from the offer and sale of the Units shall be paid by the Company to Maxim on the Closing Date and each Option Closing Date, as applicable, less $65,000 (“Advance”) previously advanced to Maxim by the Company.
Corporate Finance Fee. The Company further agrees that, on the Closing Date it will pay to the Placement Agent, by deduction from the proceeds of the Offering, a corporate finance fee allowance equal to one point two five percent (1.25%) of the gross proceeds received by the Company from the sale of the Placement Shares.
Corporate Finance Fee. No corporate finance fees or other fees other than those specifically mentioned herein or in the Engagement Agreement (i.e. $75,000 NASDAQ related advisory fee) between the Company and Underwriter, have been or shall be paid.
Corporate Finance Fee. The Company further agrees that, on the Closing Date it will pay to the Representative, by deduction from the proceeds of the Offering, a corporate finance fee allowance equal to one point two five percent (1.25%) of the gross proceeds received by the Company from the sale of the Firm Shares.
Corporate Finance Fee. If at any time prior to the second anniversary of the final Closing the Company or any affiliate thereof shall enter into any transaction (including, without limitation, any merger, consolidation, acquisition, financing, joint venture or other arrangement) with any party introduced to the Company by the Representative, directly or indirectly, during such period, the Company shall pay the Representative a transaction fee, payable at the closing thereof, equal to a percentage of the consideration or value the Company and/or its shareholders received, as follows (the Company to pay such fees to the Representative during the time period stated above where the consummation of the transaction at issue culminated directly from the initial introduction): · 5% of the first $1,000,000, · 4% of the next $1,000,000, · 3% of the next $1,000,000, · 2% of the next $1,000,000, and · 1% of all amounts in excess of $4,000,000.
Corporate Finance Fee. As additional consideration for the services rendered by the Lead Agent hereunder, including soliciting offers to purchase Special Warrants, and performing administrative work in connection therewith, and all other services arising out of this Agreement, the Company shall, at the Closing Time, pay to the Lead Agent a corporate finance fee (the “Corporate Finance Fee”) equal to 5.0% of the aggregate gross proceeds of the Offering payable by way of issuing such number of units of the Company (each, a “CF Fee Unit” and collectively, the “CF Fee Units”) as is equal to 5.0% of the number of Special Warrants issued pursuant to the Offering. Each CF Fee Unit consists of one (1) Common Share (each, a “CF Fee Share” and collectively, the “CF Fee Shares”) and one- half of one (1/2) non-transferable Common Share purchase warrant of the Company (each whole warrant, a “CF Fee Warrant” and collectively, the “CF Fee Warrants”). Each CF Fee Warrant will be exercisable to acquire one (1) Common Share (each, a “CF Fee Warrant Share” and collectively, the “CF Fee Warrant Shares”) for a period of 24 months from the Closing Date at the exercise price of $0.78 per CF Fee Warrant. Notwithstanding the foregoing, the Corporate Finance Fee shall be reduced to 2.5% of the aggregate gross proceeds derived from President’s List investors, such that the Company will issue such number of CF Fee Units equal to 2.5% of the aggregate number of Special Warrants issued to the President’s List subscribers.
Corporate Finance Fee. Create and issue to the Underwriters, or as directed by the Underwriters, that number of Corporate Finance Units that is equal to 3.0% of the number of Offered Securities sold under the Offering. Any portion of the Underwriters’ Fee that is payable in cash will be deducted from the aggregate gross proceeds of the Offering and withheld for the account of the Underwriters.
Corporate Finance Fee. As additional consideration for the services rendered by the Agent hereunder, including soliciting offers to purchase Special Warrants, and performing administrative work in connection therewith, all other services arising out of this Agreement, the Company shall, at the Closing Time, pay to the Agent a corporate finance fee (the “Corporate Finance Fee”) equal to 5.0% of the aggregate gross proceeds of the Offering, payable by way of issuing such number of units (the “CF Fee Units”) as is equal to 5.0% of the number of Special Warrants issued pursuant to the Offering, including any Additional Special Warrants issued pursuant to any exercise of the Over-Allotment Option. Each CF Fee Unit consists of one common share of the Company (a “CF Fee Share”) and one-half of one non-transferable common share purchase warrant (each whole warrant, a “CF Fee Warrant”). Each CF Fee Warrant will be exercisable to acquire one common share of the Company (a “CF Fee Warrant Share”) for up to 36 months from the date of issuance of such CF Fee Warrant at the exercise price of $0.78 per CF Fee Warrant.
Corporate Finance Fee. In connection with a Corporate Finance Transaction, the Corporate Finance Fee is payable upon the funding of new senior secured bank debt, unsecured debt, or equity. The fee is calculated as five percent (5%) of any new equity capital raised, three percent (3%) of any new unsecured debt raised, and one percent (1%) of any new senior secured debt raised; or;
Corporate Finance Fee. In addition to the commission payable pursuant to the subsection 7(a) hereof and the Broker Warrants issuable pursuant to subsection 7(c) hereof, the Corporation shall pay the Corporate Finance Fee to the Agents, or as the Agents may otherwise direct, at the Closing Time.
