Underwriting Fee Sample Clauses
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Underwriting Fee. In consideration for their services in underwriting the distribution of and purchasing the Offered Securities, the Trust agrees to pay to the Underwriters: (a) at the Closing Time, a fee of $0.42125 per Offered Receipt for each Offered Receipt purchased and $40.00 per Offered Debenture (being an aggregate amount of $7,201,875 or $8,001,875 if the Underwriters' Option is exercised in full); and (b) at the time of release of the funds held by the Escrow Agent to the Trust pursuant to the Subscription Receipt Agreement, if applicable, a fee of $0.42125 per Offered Receipt purchased (being an aggregate amount of $4,001,875), payable from the funds held by the Escrow Agent pursuant to the Subscription Receipt Agreement. The foregoing fees (collectively, the "Underwriting Fee") will be payable from the general funds of the Trust or its subsidiaries. For greater certainty, the services provided by the Underwriters in connection herewith will not be subject to the Goods and Services Tax ("GST") provided for in the Excise Tax Act (Canada) and taxable supplies provided will be incidental to the exempt financial services provided. In the event that Canada Revenue Agency determines that GST is exigible on the Underwriting Fee, the Trust agrees to pay the amount of GST forthwith upon the request of the Underwriters. The Trust also agrees to pay the Underwriters' expenses as set forth in Section 12.
Underwriting Fee. The Underwriting Fee payable by BIP to the Underwriters pursuant to the Offering shall be calculated based on all of the Units purchased hereunder. The Underwriting Fee payable by BIP to the Underwriters pursuant to the Over-Allotment Option shall be calculated based on all of the Additional Units purchased hereunder.
Underwriting Fee. The Borrower shall pay to the Arrangers the fees specified in the letter dated on or about the date of the Commitment Letter from the Arrangers to the Parent and the Borrower at the times and in the amounts specified in such letter.
Underwriting Fee. In consideration for the Underwriter’s services in underwriting the distribution of and purchasing the Offered Shares, the Corporation agrees to pay to the Underwriter at the Closing Time a fee (the “Underwriting Fee”) equal to the amount of $0.048 per Offered Share purchased (being an aggregate amount of $900,000; and $1,035,000 in the event the Over-Allotment Option is exercised in full), including any Offered Shares purchased by the Underwriter as principal hereunder, and for which the subscription is accepted by the Corporation, but the fee will not be payable in respect of any Offered Shares purchased by directors or officers of the Corporation. Notwithstanding the foregoing, the Underwriter shall be entitled to the Underwriting Fee in respect of Offered Shares sold directly by the Corporation to Substituted Purchasers hereunder. The Underwriting Fee may, at the sole option of the Underwriter, be deducted from the aggregate gross proceeds of the sale of the Offered Shares and withheld for the account of the Underwriter. For greater certainty, the services provided by the Underwriter in connection herewith will not be subject to the Goods and Services Tax (“GST”) provided for in the Excise Tax Act (Canada) and taxable supplies provided will be incidental to the exempt financial services provided. However, in the event that the Canada Revenue Agency determines that GST provided for in the Excise Tax Act (Canada) is exigible on the Underwriting Fee, the Corporation agrees to pay the amount of GST forthwith upon the request of the Underwriter. The Corporation also agrees to pay the Underwriter’s expenses as set forth in section 10 hereof.
Underwriting Fee. (a) The Underwriting Super Senior Providers confirm that they each have obtained all internal credit and/or investment approvals for the underwriting of the Super Senior Facility subject to the conditions specified in this Clause 24.
(b) Subject to Clause 24.2(d), each of the Underwriting Super Senior Providers hereby agrees that they shall underwrite and provide to the Company the aggregate principal amount of the Super Senior Facility that is not subscribed for by any Primed Lender in accordance with Clause 24.1(b) and not reallocated to another Primed Lender in accordance with Clause 24.1(d) (the “Underwritten Amount”) in equal proportions by each Underwriting Super Senior Provider. For the avoidance of doubt, no Primed Lender who subscribes for the Super Senior Facility (a “Super Senior Lender”) (other than the Underwriting Super Senior Providers) shall be entitled to the Underwriting Fee, which shall only be paid to the Underwriting Super Senior Providers, in respect of any amount underwritten pursuant to this Clause 24.2(b) and not in respect of any other amount which the Underwriting Super Senior Providers subscribe in accordance with their entitlements as Primed Lenders.
(c) The Underwriting Super Senior Providers shall be entitled to an underwriting fee of 1.50 per cent on the Underwritten Amount on the Restructuring Effective Date in accordance with Clause 28 (Costs and Expenses) payable to each Underwriting Super Senior Provider pro rata to its proportion of the Underwritten Amount (the “Underwriting Fee”).
(d) The Underwriting Super Senior Providers’ agreement to underwrite the Super Senior Facility is subject to (a) the occurrence of the Restructuring Effective Date; (b) the documentation relating to the Super Senior Facility being reasonably satisfactory to the Underwriting Super Senior Providers; (c) each of the Lenders (including from the Restructuring Effective Date any Hedging Bank but excluding any Lender under the CEXIM Facility, the Sinosure Facility and/or the Commercial Facility) agreeing to provide a first ranking security interest for the Super Senior Facility in relation to its relevant Collateral Pool pursuant to the Super Senior Facility Agreement and the Intercreditor Agreement (the “Primed Lenders”)); (d) Non-Primed Lenders and DSF Lenders, providing a second ranking security interest in relation to its relevant Collateral Pool pursuant to the Super Senior Facility Agreement and the Intercreditor Agreement; (e) satisfaction of...
Underwriting Fee. The Borrower will pay the Arranger the Underwriting Fee on the Drawdown Date of Tranche A1. The amount of this fee is subject to a separate agreement between the Borrower and the Arranger.
Underwriting Fee. The Underwriting Fee payable by the Selling Securityholder to the Underwriters pursuant to the Offering shall be calculated based on all of the Purchased Exchangeable Shares purchased hereunder.
Underwriting Fee. The Borrower shall pay to the Underwriters an underwriting fee in the amount and at the times agreed in the Mandate Letter.
Underwriting Fee. In consideration of the Underwriter’s agreement to purchase the Securities from the Selling Shareholder, the Selling Shareholder agrees to pay to the Underwriter a fee equal to $3.72 per Security, or 4% of the gross offering price per Security, purchased by the Underwriter from the Selling Shareholder at the Closing Time (the “Underwriting Fee”).
Underwriting Fee. In consideration of the Underwriters’ purchase of: (i) the Firm Shares pursuant to this Agreement, the Company agrees to pay to the Underwriters a fee of $• per Firm Share (being 3.25% of the Purchase Price) purchased by the Underwriters from the Company; and (ii) the Optional Shares, if any, pursuant to this Agreement, the Company agrees to pay to the Underwriters a fee of $• per Optional Shares (being 3.25% of the Purchase Price) purchased by the Underwriters from the Company (collectively, the “Underwriting Fee”). The Underwriting Fee shall be payable as provided for in Section 16.