Placement Agent’s Fee Sample Clauses

Placement Agent’s Fee. The Company shall pay to Rodman a cash placement fee (the “Placement Agent’s Fee”) equal to 7% of the aggregate purchase price paid by each purchaser of Securities that are placed in the Offering. The Placement Agent’s Fee shall be paid at the closing of the Offering (the “Closing”) from the gross proceeds of the Securities sold.
AutoNDA by SimpleDocs
Placement Agent’s Fee. As compensation for services rendered, the Company shall pay to the Placement Agent in cash by wire transfer in immediately available funds to an account or accounts designated by the Placement Agent an amount (the “Placement Fee”) equal to eight percent (8.0%) of the aggregate gross proceeds received by the Company from the sale of the Securities, at the closing (the “Closing” and the date on which the Closing occurs, the “Closing Date”); and the Company shall issue to the Placement Agent or its designees at the Closing in a private placement a five-year warrant to purchase such number of Shares (as defined in Section 3) equal to 5.0% of the Shares sold in this Offering at an exercise price of 125% of the Purchase Price per Share, which warrants shall be exercisable at any time, during the period commencing 180 days from the date of the Offering (the “Placement Agent Warrant” and together with the shares of Common Stock underlying the Placement Agent Warrant, the “Placement Agent Securities”). The Placement Agent represents that it is an “accredited investor” as defined in Rule 501(a) of Regulation D, and that it is purchasing the Placement Agent Warrants for investment purposes and not with a view to resale or distribution. The Placement Agent has a long standing relationship with the Company, has access to information regarding the Company, and is financially sophisticated. The Placement Agent understands that the Placement Agent Warrant is being offered and sold to it in reliance on specific exemptions from the registration requirements of United States federal and state securities laws and that the Company is relying in part upon the truth and accuracy of, and such Placement Agent’s compliance with, the representations, warranties, agreements, acknowledgments and understandings of such Placement Agent set forth herein in order to determine the availability of such exemptions and the eligibility of such Placement Agent to acquire the Securities.
Placement Agent’s Fee. As compensation for services rendered, the Company shall pay to the Placement Agent in cash by wire transfer in immediately available funds to an account or accounts designated by the Placement Agent an amount (the “Placement Fee”) equal to eight percent (8.0%) of the aggregate gross proceeds received by the Company from the sale of the Securities (provided, that with respect to Securities sold to investors introduced to the Offering by the Company the Placement Fee shall be four percent (4.0%)), at the closing (the “Closing” and the date on which the Closing occurs, the “Closing Date”); and the Company shall issue to the Placement Agent or its designees at the Closing five-year warrants to purchase such number of Shares (as defined in Section 3) equal to 3.0% of the aggregate Shares and Pre-Funded Warrants sold in this Offering, at an exercise price of $[___] (125% of the price per Share), which warrants shall be exercisable at any time, during the period commencing six months from the date of the Offering (the “Placement Agent Warrant” and together with the shares of Common Stock underlying the Placement Agent Warrant, the “Placement Agent Securities”). The Placement Agent may deduct from the net proceeds of the Offering payable to the Company on the Closing Date the Placement Fee set forth herein to be paid by the Company to the Placement Agent.
Placement Agent’s Fee. As compensation for services rendered, the Company shall pay to the Placement Agent in cash by wire transfer in immediately available funds to an account or accounts designated by the Placement Agent an amount (the “Placement Fee”) equal to eight percent (8.0%) of the aggregate gross proceeds received by the Company from the sale of the Securities, at the closing (the “Closing” and the date on which the Closing occurs, the “Closing Date”).
Placement Agent’s Fee. The Company shall pay a cash placement fee (the “Placement Agent’s Fee”) equal to 6% of the aggregate purchase price paid by each purchaser of Securities that are placed in the Offering. The Placement Agent’s Fee shall be paid at the closing of the Offering (the “Closing”) from the gross proceeds of the Securities sold, payable as follows:
Placement Agent’s Fee. As compensation for services rendered, the Company shall pay to the Placement Agent in cash by wire transfer in immediately available funds to an account or accounts designated by the Placement Agent an amount (the “Placement Fee”) equal to 7.0% of the aggregate gross proceeds received by the Company from the sale of the Securities, at the closing (the “Closing” and the date on which the Closing occurs, the “Closing Date”); and the Company shall issue to the Placement Agent or its designees at the Closing three and one-half year warrants to purchase such number of Shares (as defined in Section 3) equal to 7.0% of the Shares sold in this Offering at an exercise price of $4.4875, which warrants shall be exercisable at any time beginning 180 days from the date of the Offering (the “Placement Agent Warrant” and together with the shares of Common Stock underlying the Placement Agent Warrant, the “Placement Agent Securities”). The Placement Agent may deduct from the net proceeds of the Offering payable to the Company on the Closing Date the Placement Fee set forth herein to be paid by the Company to the Placement Agent.
Placement Agent’s Fee. The Purchaser acknowledges that the Company intends to pay to Xxxxxx Xxxxxxx & Co. Incorporated, in its capacity as the placement agent for the Shares, a fee in respect of the sale of the Shares to the Purchaser. Each of the parties to this Agreement hereby represents that, on the basis of any actions and agreements by it, there are no other brokers or finders entitled to compensation in connection with the sale of the Shares to the Purchaser.
AutoNDA by SimpleDocs
Placement Agent’s Fee. Upon the release of funds from the Escrow Account in accordance with the Escrow Agreement, the Company shall pay to the Placement Agents placement agent fees in connection with the transactions contemplated hereunder in the amount of seven percent (7%) Aggregate Proceeds, by wire transfer in accordance with the engagement letter by and among the Company and the Placement Agents.
Placement Agent’s Fee. The Company shall pay to Chardan a cash placement fee (the “Placement Agent’s Closing Fee”) equal to six percent (6%) of the aggregate purchase price paid by each purchaser (the “Purchaser” or “Purchasers”) of Securities (excluding any proceeds from the exercise of warrants) that are sold by the Company in the Offering. The Placement Agent’s Closing Fee shall be due and paid at the closing of the Offering (the “Closing”) from the gross proceeds of the Securities sold by the Company to the Purchasers (excluding any proceeds from the exercise of warrants).
Placement Agent’s Fee. (a) The Company shall pay to Chardan a cash placement fee (the “Placement Agent’s Fee”) equal to $250,000. The Placement Agent’s Closing Fee shall be paid at the closing of the Offering (the “Closing”) from the gross proceeds of the Securities sold to the Purchasers; and
Time is Money Join Law Insider Premium to draft better contracts faster.