Common use of Warrant Solicitation Fees Clause in Contracts

Warrant Solicitation Fees. The Company hereby engages Maxim, on a non-exclusive basis, as its agent for the solicitation of the exercise of the Warrants. The Company will: (i) assist Maxim with respect to such solicitation, if requested by Maxim; and (ii) at Maxim's request, provide Maxim, and direct the Company's transfer and warrant agent to provide to Maxim, at the Company's cost, lists of the record and, to the extent known, beneficial owners of, the Warrants. Commencing one year from the Effective Date, the Company will pay Maxim a commission of 5% of the cash proceeds received upon exercise of the Warrants for each Warrant exercised, payable on the date of such exercise, on the terms provided for in the Warrant Agreement, only if permitted under the rules and regulations of the NASD and only to the extent that an investor who exercises his Warrants specifically designates, in writing, that Maxim solicited his exercise. Maxim may engage sub-agents in its solicitation efforts. The Company agrees to disclose the arrangement to pay such solicitation fees to Maxim in any prospectus used by the Company in connection with the registration of the shares of Common Stock underlying the Warrants.

Appears in 4 contracts

Samples: Underwriting Agreement (Star Maritime Acquisition Corp.), Underwriting Agreement (Star Maritime Acquisition Corp.), Underwriting Agreement (Star Maritime Acquisition Corp.)

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Warrant Solicitation Fees. The Company hereby engages Maxim, on a non-exclusive basis, as its agent for the solicitation of the exercise of the Warrants. The Company will: (i) assist Maxim with respect to such solicitation, if requested by Maxim; and (ii) at Maxim's ’s request, provide Maxim, and direct the Company's ’s transfer and warrant agent to provide to Maxim, at the Company's ’s cost, lists of the record and, to the extent known, beneficial owners of, the Warrants. Commencing one year from the Effective Date, the Company will pay Maxim a commission of 5% of the cash proceeds received upon exercise of the Warrants for each Warrant exercised, payable on the date of such exercise, on the terms provided for in the Warrant Agreement, only if permitted under the rules and regulations of the NASD and only to the extent that an investor who exercises his Warrants specifically designates, in writing, that Maxim solicited his exercise. Maxim may engage sub-agents in its solicitation efforts. The Company agrees to disclose the arrangement to pay such solicitation fees to Maxim in any prospectus used by the Company in connection with the registration of the shares of Common Stock underlying the Warrants.

Appears in 3 contracts

Samples: Underwriting Agreement (Star Maritime Acquisition Corp.), Underwriting Agreement (Star Maritime Acquisition Corp.), Underwriting Agreement (Star Maritime Acquisition Corp.)

Warrant Solicitation Fees. The Company hereby engages Maxim, on a non-exclusive basis, as its agent for the solicitation of the exercise of the Warrants. The Company will: (i) assist Maxim with respect to such solicitation, if requested by Maxim; , and (ii) at Maxim's request, provide Maxim, and direct the Company's transfer and warrant agent to provide to Maxim, at the Company's cost, lists of the record and, to the extent known, beneficial owners of, the Warrants. Commencing one year from the Effective Date, the Company will pay Maxim a commission of 5% three percent (3%) of the cash proceeds received upon exercise of the Warrants for each Warrant exercised, payable on the date of such exercise, on the terms provided for in the Warrant Agreement, only if permitted under the rules and regulations of the NASD and only to the extent that an investor who exercises his Warrants specifically designates, in writing, that Maxim solicited his exercise. Maxim may engage sub-agents in its solicitation efforts. The Company agrees to disclose the arrangement to pay such solicitation fees to Maxim in any prospectus used by the Company in connection with the registration of the shares of Common Stock underlying the Warrants.

Appears in 2 contracts

Samples: Underwriting Agreement (Key Hospitality Acquisition CORP), Underwriting Agreement (Key Hospitality Acquisition CORP)

Warrant Solicitation Fees. The Company hereby engages Maxim, on a non-exclusive basis, as its agent for the solicitation of the exercise of the Warrants. The Company will: will (i) assist Maxim with respect to such solicitation, if requested by Maxim; , and (ii) at Maxim's request, provide Maxim, and direct the Company's transfer and warrant agent to provide to Maxim, at the Company's cost, lists of the record and, to the extent known, beneficial owners of, the Warrants. Commencing one year from the Effective Date, the Company will pay Maxim a commission of 5% four percent (4%) of the cash proceeds received upon exercise of the Warrants for each Warrant exercisedWarrants, payable on the date of such exercise, on the terms provided for in the Warrant Agreement, only if permitted under the rules and regulations of the NASD and only to the extent that an investor who exercises his Warrants specifically designates, in writing, that Maxim solicited his exercise. Maxim may engage sub-agents in its solicitation efforts. The Company agrees to disclose the arrangement to pay such solicitation fees to Maxim in any prospectus used by the Company in connection with the registration of the shares of Common Stock underlying the Warrants.

Appears in 1 contract

Samples: Underwriting Agreement (Healthcare Acquisition Corp)

Warrant Solicitation Fees. The Company hereby engages Maxim, on a non-exclusive basis, as its agent for the solicitation of the exercise of the Warrants. The Company will: will (i) assist Maxim with respect to such solicitation, if requested by Maxim; , and (ii) at Maxim's ’s request, provide Maxim, and direct the Company's ’s transfer and warrant agent to provide to Maxim, at the Company's ’s cost, lists of the record and, to the extent known, beneficial owners of, the Warrants. Commencing one year from the Effective Date, the Company will pay Maxim a commission of five percent (5% %) of the cash proceeds received upon the exercise of the Warrants for each Warrant exercised, payable on the date of such exercise, on the terms provided for in the Warrant Agreement, only if permitted under the rules and regulations of the NASD and only to the extent that an investor who exercises his Warrants specifically designates, in writing, that Maxim solicited his exercise. Maxim may engage sub-agents in its solicitation efforts. The Company agrees to disclose the arrangement to pay such solicitation fees to Maxim in any prospectus used by the Company in connection with the registration of the shares of Common Stock underlying the Warrants.. Maxim Group LLC ________________, 2006

Appears in 1 contract

Samples: Underwriting Agreement (Energy Infrastructure Acquisition Corp.)

Warrant Solicitation Fees. The Company hereby engages Maxim, on a non-exclusive basis, as its agent for the solicitation of the exercise of the Warrants. The Company will: will (i) assist Maxim with respect to such solicitation, if requested by Maxim; , and (ii) at Maxim's ’s request, provide Maxim, and direct the Company's ’s transfer and warrant agent to provide to Maxim, at the Company's ’s cost, lists of the record and, to the extent known, beneficial owners of, the Warrants. Commencing one year from the Effective Date, the Company will pay Maxim a commission of five percent (5% %) of the cash proceeds received upon the exercise of the Warrants for each Warrant exercised, payable on the date of such exercise, on the terms provided for in the Warrant Agreement, only if permitted under the rules and regulations of the NASD and only to the extent that an investor who exercises his Warrants specifically designates, in writing, that Maxim solicited his exercise. Maxim may engage sub-agents in its solicitation efforts. The Company agrees to disclose the arrangement to pay such Maxim Group LLC , 2007 Page 23 of 48 solicitation fees to Maxim in any prospectus used by the Company in connection with the registration of the shares of Common Stock underlying the Warrants.

Appears in 1 contract

Samples: Underwriting Agreement (Seanergy Maritime Corp.)

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Warrant Solicitation Fees. The Company hereby engages Maxim, on a non-exclusive basis, as its agent for the solicitation of the exercise of the Warrants. The Company will: will (i) assist Maxim with respect to such solicitation, if requested by Maxim; , and (ii) at Maxim's ’s request, provide Maxim, and direct the Company's ’s transfer and warrant agent to provide to Maxim, at the Company's ’s cost, lists of the record and, to the extent known, beneficial owners of, the Warrants. Commencing one year from the Effective Date, the Company will pay Maxim a commission of 5% three percent (3%) of the cash proceeds received upon exercise of the Warrants for each Warrant exercisedWarrants, payable on the date of such exercise, on the terms provided for in the Warrant Agreement, only if permitted under the rules and regulations of the NASD and only to the extent that an investor who exercises his Warrants specifically designates, in writing, that Maxim solicited his exercise. Maxim may engage sub-agents in its solicitation efforts. The Company agrees to disclose the arrangement to pay such solicitation fees to Maxim in any prospectus used by the Company in connection with the registration of the shares of Common Stock underlying the Warrants.

Appears in 1 contract

Samples: Underwriting Agreement (Affinity Media International Corp.,)

Warrant Solicitation Fees. The Company hereby engages Maxim, on a non-exclusive basis, as its agent for the solicitation of the exercise of the Warrants. The Company will: will (i) assist Maxim with respect to such solicitation, if requested by Maxim; , and (ii) at Maxim's ’s request, provide Maxim, and direct the Company's ’s transfer and warrant agent to provide to Maxim, at the Company's ’s cost, lists of the record and, to the extent known, beneficial owners of, the Warrants. Commencing one year from the Effective Date, the Company will pay Maxim a commission of 5% four percent (4%) of the cash proceeds received upon exercise of the Warrants for each Warrant exercisedWarrants, payable on the date of such exercise, on the terms provided for in the Warrant Agreement, only if permitted under the rules and regulations of the NASD and only to the extent that an investor who exercises his Warrants specifically designates, in writing, that Maxim solicited his exercise. Maxim may engage sub-agents in its solicitation efforts. The Company agrees to disclose the arrangement to pay such solicitation fees to Maxim in any prospectus used by the Company in connection with the registration of the shares of Common Stock underlying the Warrants.

Appears in 1 contract

Samples: Underwriting Agreement (Healthcare Acquisition Corp)

Warrant Solicitation Fees. The Company hereby engages Maxim, on a non-exclusive basis, as its agent for the solicitation of the exercise of the Warrants. The Company will: (i) assist Maxim with respect to such solicitation, if requested by Maxim; , and (ii) at Maxim's ’s request, provide Maxim, and direct the Company's ’s transfer and warrant agent to provide to Maxim, at the Company's ’s cost, lists of the record and, to the extent known, beneficial owners of, the Warrants. Commencing one year from the Effective Date, the Company will pay Maxim a commission of 5% three percent (3%) of the cash proceeds received upon exercise of the Warrants for each Warrant exercised, payable on the date of such exercise, on the terms provided for in the Warrant Agreement, only if permitted under the rules and regulations of the NASD and only to the extent that an investor who exercises his Warrants specifically designates, in writing, that Maxim solicited his exercise. Maxim may engage sub-agents in its solicitation efforts. The Company agrees to disclose the arrangement to pay such solicitation fees to Maxim in any prospectus used by the Company in connection with the registration of the shares of Common Stock underlying the Warrants.

Appears in 1 contract

Samples: Underwriting Agreement (Key Hospitality Acquisition CORP)

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