Placement Agent Fee definition
Placement Agent Fee means, in addition to any other fees payable to the Placement Agent pursuant to the Placement Agent’s agreement with the Company, a fee payable in cash at Closing in an amount equal to 7% of the aggregate Subscription Amounts paid by the Purchasers pursuant to this Agreement.
Placement Agent Fee has the meaning set forth in Section 5.19.
Placement Agent Fee means, in addition to any other fees payable to the Placement Agent pursuant to the Placement Agent’s agreement with the Company, a fee payable in cash at Closing in an amount equal to 4% of the aggregate Subscription Amounts paid by the Purchasers pursuant to this Agreement.
Examples of Placement Agent Fee in a sentence
Once a limited partner is no longer a client of MSSB, the applicable Partnership will no longer be obligated to pay the Ongoing Placement Agent Fee attributable to such limited partner.
The General Partner agrees to reduce or waive the Ongoing Placement Agent Fee described herein for any limited partner in accordance with written instructions provided by MSSB to the General Partner.
The Partnerships and the General Partner agree that MSSB, including any applicable affiliate of MSSB, reserves the sole right to reduce or waive the Ongoing Placement Agent Fee in whole or in part.
Such Expense Allowance shall be delivered in the same manner as the Placement Agent Fee.
Ongoing Placement Agent Fee 2.0% annual of the net asset value per unit of Class A Units paid on a monthly basis.
More Definitions of Placement Agent Fee
Placement Agent Fee means the $125,000 fee payable to the Placement Agent upon the Closing pursuant to the letter agreement, dated as of October 21, 2009, by and between the Company and the Placement Agent, as amended.
Placement Agent Fee means a fee of up to 1.5% of the gross amount invested by the Private LP in securities of an investee issuer paid to Pinnacle as placement agent of the Manager of the Private LP.
Placement Agent Fee means the fee payable to the Placement Agent set forth in Schedule 1.04.
Placement Agent Fee means a non-refundable fee payable by the Company to the Placement Agent on the earlier of (a) the first Tranche Closing Date, or (b) the six-month anniversary of the Effective Date, which fee, at the option of the Company, shall either be (i) an amount in cash equal to 5.9% of the Maximum Placement, or $295,000, delivered by wire transfer of immediately available funds to an account designated by the Placement Agent (provided, however, that if the Placement Agent Fee is paid on the first Tranche Closing Date, such payment may be made by offsetting the first Tranche Amount), or (ii) a number of shares of Common Stock, which shall be freely tradable by the Placement Agent and legend free, determined by the VWAP of the Common Stock for the five (5) Trading Day-period immediately preceding the date on which the Placement Agent Fee is paid. For the avoidance of doubt, as of the Effective Date, the Placement Agent Fee shall be fully payable in accordance with the foregoing, whether or not the Closing or any Tranche Closings shall occur hereunder and irrespective of any termination of this Agreement.
Placement Agent Fee. The Placement Agent will at each Closing be (a) paid a cash commission of up to eight percent (8%) of the gross dollar amount of the Shares sold in such Closing, (b) entitled to receive a nonaccountable expense fee of two percent (2%) of the gross dollar amount of the Shares sold in such Closing, and (c) issued a warrant (the “Agent Warrant”) to purchase ten percent (10%) of the number of the Company’s Securities sold in such Closing, including any shares of common stock issued or issuable (except for shares issuable upon the exercise pursuant to the exercise of Warrants), which Agent Warrant shall be in the form of the Warrants sold in this Offering. For the avoidance of doubt, the Agent Warrant shall be exercisable for that number of shares of the Company’s common stock equal to ten percent (10%) of the number of the Company’s Shares sold in such Closing. See “Plan of Distribution” on page 51 for further information with respect to the compensation of the Placement Agent.
Placement Agent Fee means a non-refundable fee payable by the Company to Halcyon Cabot Partners, Ltd. (the “Placement Agent”) in the amount of 5% of the amount that is actually funded by the Investor pursuant to all Closings. The Placement Agent Fee shall be paid to the Placement Agent with each Closing based on the amount funded in such Closing, by wire transfer of immediately available funds, in an amount equal to 5% of the applicable Closing Price.
Placement Agent Fee has the meaning set forth in the Recitals.