Underwriting Spread definition
Underwriting Spread means the amount of all underwriting discounts and commissions payable to the Underwriters; and
Underwriting Spread means the amount that an underwriter earns on a financing. “Underwriting” means entering into a debt issuance sold through the services of an
Underwriting Spread means the difference between the public offering price per share and the price received by the Company per share multiplied by the number of shares sold in the Offering, including the underwriters’ over allotment option or “Green Shoe”. Any fee pursuant to this subparagraph shall be paid in cash by wire transfer of immediately available funds simultaneously upon closing or consummation of such Transaction and/or the exercising and closing of the “Green Shoe”.
Examples of Underwriting Spread in a sentence
The Underwriting Spread will not exceed 4.00% of the Gross Offering Price.
The Company agrees that it shall pay the Underwriting Spread (as defined on Schedule A) with respect to all Initial Securities sold, including the Initial Securities sold by the Selling Stockholder.
As the Company is paying to the Underwriters the Underwriting Spread on all Securities sold in the offering, the Underwriting Spread shall not be deducted from the price paid to the Selling Stockholder.
The Relational fee is to be paid from the six percent (6.0%) Underwriting Spread and is not an incremental fee.