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. In consideration for their services in underwriting the distribution of and purchasing the Offered Shares, the Corporation agrees to pay the Underwriters:
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. The Borrower shall pay the Arranger (for its own account) an underwriting fee in an amount and at the times agreed in a Fee Letter.
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.
Underwriting Fee. UPC Distribution shall pay the arrangement fee and underwriting fees in accordance with the relevant Fee Letter.
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. So long as any Covered Business remains in force (including any Renewals thereof (other than Excluded Business) actually written by the Company during the three-year period following the date of termination or expiration of this Agreement as contemplated in clause (a) of the Schedule of Post-Termination Obligations), AUL shall be entitled to receive (by way of deduction from the Claims Account pursuant to Section 2.09(a) of the Agreement) each quarter in respect of all Covered Business (other than the AUL Affiliate Cessions) an underwriting fee (the “Underwriting Fee”) equal to (I) the sum for such quarter of (i) 3.00% of Net Earned Premium from Proportional Contracts, plus (ii) 12.00% of Net Earned Premium from all Excess of Loss Contracts, less (II) the sum of the amount of the Employee Leasing Fee for such quarter and the Carryforward, if any, from the previous quarter. If (II) is greater than (I) for any quarter, the Underwriting Fee shall be zero for such quarter, and the amount of such excess shall be deducted from the Run-Off Fee, if any, due for such quarter or from Profit Commission, if any, if such quarter is the final quarter in the year. Any remaining amount not so applied shall be carried forward to the next quarter (“Carryforward”).
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. 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”).
