Underwriters’ Commission. In consideration of the services to be provided for hereunder, the Company shall pay to the Underwriters a commission equal to 7.5% of the gross proceeds of the Offering.
Underwriters’ Commission. In consideration of the services to be rendered by the Underwriters in connection with the Offering, the Company will pay the Underwriters, or the U.S. Affiliates, as applicable, a cash commission (the “Company Commission”) equal to 5.25% of the gross proceeds of the Offering multiplied by the number of Treasury Unit Shares and Additional Treasury Shares, divided by the total number of Treasury Unit Shares and Additional Shares in the Offering and the Selling Shareholders will pay the Underwriters a cash commission (the “Secondary Commission” and together with the Company Commission, the “Commission”) equal to 3.25% of the gross proceeds of the Offering multiplied by the number of Secondary Shares divided by the total number of Treasury Unit Shares and Additional Shares issued in the Offering, including the gross proceeds arising from the exercise, where any such exercise takes place in whole or in part, of the Underwriters’ Option. For further clarity, 5.25% cash commission applies to the Treasury Units and Additional Treasury Shares issued, and 3.25% cash commission applies to the Secondary Shares issued in the Offering. The obligation of the Company and the Selling Shareholders to pay the Commission shall arise at Closing and the Commission shall be fully earned by the Underwriters at the Closing Time. As additional compensation for the services to be rendered by the Underwriters hereunder, the Company will issue to the Underwriters (or any Selling Firms(s) engaged by the Underwriters) non-transferrable compensation options (the “Compensation Options”), with each Compensation Option being exercisable to purchase that number of Common Shares (the “Compensation Shares”) as is equal to 5.00% of the aggregate number of Units issued pursuant to the Offering at the Purchase Price at any time before 5:00 p.m. (Toronto time) on the date that is 24 months following the Closing Date. At the Closing Time, the Company shall execute and deliver to the Underwriters the Compensation Option Certificates in a form to be agreed upon by the Underwriters and the Company, each acting reasonably.
Underwriters’ Commission. In consideration of the Underwriters’ services to be rendered in connection with the Offering, the Company agrees to pay to the Underwriters an aggregate underwriting fee equal to US$1,909,677.44, such cash commission representing US$0.032 per Unit (the “Underwriters’ Commission”). The Underwriters’ Commission may be deducted by the Underwriters from the proceeds of sale of the Units on the Closing Date. In addition, the Company agrees to pay to the Underwriters, and in the manner specified by the Underwriters, all fees, disbursements and expenses incurred by the Underwriters in accordance with the provisions in Section 4 hereof.
Underwriters’ Commission. In consideration of the Agreement of the Underwriters to purchase the Shares and to offer them to the public, the Company agrees to pay to the Underwriters (i) at the First Closing Date (as defined in Section 2(3)) an underwriting fee equal to 6.0% of the gross proceeds from the sale of the Firm Shares and (ii) at the Option Closing Date (as defined in Section 2(4)) an underwriting fee equal to 6.0% of the gross proceeds from the sale of the Additional Shares, (the “Underwriters’ Commission”). The Underwriters’ Commission may be deducted by the Underwriters from the proceeds of sale of the Firm Shares on the First Closing Date or the proceeds of sale of the Additional Shares on the Option Closing Date, as applicable. In addition, the Company agrees to pay to the Underwriters, and in the manner specified by the Joint Book-Running Managers, all fees, disbursements and expenses incurred by the Underwriters in accordance with the provisions in Section 5 hereof. The Company has also agreed to pay Xxxx Capital Partners, LLC a financial advisory fee in an amount of up to US$100,000 (the “Xxxx Fee”) for certain financial advisory services performed by Xxxx Capital Partners, LLC in connection with the Offering, which amount will be deducted from the Underwriters’ Commission.
Underwriters’ Commission. As compensation for the services rendered to the Fund by the Underwriters in connection with the Offering, the Fund will pay to the Underwriters a commission equal to 4% of the aggregate principal amount of the Offered Securities, or $40 per Offered Security, sold to the Underwriters under this Agreement, payable at the Time of Closing by wire transfer in immediately available funds to the account(s) specified by the Lead Underwriters in writing.
Underwriters’ Commission. In consideration of the Agreement of the Underwriters to purchase the Offered Units and to offer them to the public, the Company agrees to pay to the Underwriters (a) at the First Closing Date (as defined in Section 2(3)) an underwriting fee equal to 3% of the gross proceeds from the sale of the Firm Units to those purchasers agreed to by the Representative and the Company, and 6% of the gross proceeds from the sale of the Firm Units to all other purchasers; and (b) at the Option Closing Date (as defined in Section 2(4)) an underwriting fee equal to 6% of the gross proceeds from the sale of the Additional Units (the “Underwriters’ Commission”). The Underwriters’ Commission may be deducted by the Underwriters from the proceeds of sale of the Firm Units on the First Closing Date or the proceeds of sale of the Additional Units on the Option Closing Date, as applicable. In addition, the Company agrees to pay to the Underwriters, and in the manner specified by the Representative, all fees, disbursements and expenses incurred by the Underwriters in accordance with the provisions in Section 5 hereof.
Underwriters’ Commission. In consideration of this Agreement, the Company agrees to pay to the Underwriters at the Closing Date an underwriting fee equal to (a) 6.0% of the gross proceeds from the sale of the Firm Units, and, if applicable, (b) 6.0% of the gross proceeds from the sale of any Additional Units (the “Underwriters’ Commission”). The Underwriters’ Commission may be deducted by the Underwriters from the proceeds of sale of the Firm Units, and, if applicable, the Additional Units, on the Closing Date. In addition, the Company agrees to pay to the Underwriters, and in the manner specified by the Co-Lead Underwriters, all fees, disbursements and expenses incurred by the Underwriters in accordance with the provisions in Section 5 hereof. Each of the Co-Lead Underwriters shall be allocated a customary book-runner fee equal to 2.5% of the Underwriters’ Commission (net of any selling concessions to the syndicate of Underwriters).
Underwriters’ Commission. In consideration of this Agreement, the Company agrees to pay to the Underwriters (a) at the First Closing Date, an underwriting fee equal to 6.0% of the gross proceeds from the sale of the Firm Units, and, if applicable (b) at the Option Closing Date (as defined in Section 2(4)), an underwriting fee equal to 6.0% of the gross proceeds from the sale of any Additional Units (the “Underwriters’ Commission”). The Underwriters’ Commission may be deducted by the Underwriters from the proceeds of sale of the Firm Units on the First Closing Date or the proceeds of the sale of Additional Units on the Option Closing Date, as applicable. In addition, the Company agrees to pay to the Underwriters, and in the manner specified by the Co-Lead Underwriters, all fees, disbursements and expenses incurred by the Underwriters in accordance with the provisions in Section 5 hereof.
Underwriters’ Commission. In consideration of the Underwriters’ services to be rendered in connection with the Offering, the Company agrees to pay to the Underwriters an underwriting fee equal to 5.75% of the gross proceeds of the Offering, such cash commission representing US$0.4456 per Initial Share and US$0.4456 per Over-Allotment Share (collectively, the “Underwriters’ Commission”). The Underwriters’ Commission may be deducted by the Underwriters from the proceeds of sale of the Initial Shares on the First Closing Date or the proceeds of sale of the Over-Allotment Shares on the Option Closing Date (as defined in Section 2(4)), as applicable. In addition, the Company agrees to pay to the Representative, all fees, disbursements and expenses incurred by the Representative in accordance with the provisions in Section 6 hereof.
Underwriters’ Commission. During the Capital Raising Period, the Company will pay the Underwriter, at the end of each Trading Day, a commission (the "Commission") equal to the difference, if any, between (i) the daily gross proceeds from sales of shares on such Trading Day minus (ii) the aggregate number of shares sold during such Trading Day multiplied by the Underwriting Price. Such Commission will be deducted from the Company's account at the end of each Trading Day during a Capital Raising Period. In the event that the Commission on any Trading Day during a Capital Raising Period shall equal a negative amount, such Commission shall not be paid by the Underwriter to the Company at the end of such Trading Day, but rather shall be accumulated and credited against the next Commission(s) payable by the Company to the Underwriter. Immediately following the Capital Raising Period, the Underwriter shall pay to the Company any accumulated amounts which have not been paid.
