Deferred commission definition

Deferred commission means a commission that is
Deferred commission means the gross underwriting commission payable by the Company to the joint global coordinators appointed by the Company11 in connection with the Offering equal to 1.5% of the aggregate proceeds of the Offering;
Deferred commission means a commission that is earned and is not yet payable.

More Definitions of Deferred commission

Deferred commission is all commissions that are capitalized and not yet recognized as costs.” ““Deferred Revenue” is all amounts received or invoiced in advance of performance under contracts and not yet recognized as revenue.”