Placement Agents' Compensation. Because the proceeds from the sale of the Capital Securities shall be used to purchase the Debentures from the Company, the Company shall pay an aggregate of $30.00 for each $1,000.00 of principal amount of Debentures sold to the Trust (excluding the Debentures related to the Common Securities purchased by the Company). Of this amount, $15.00 for each $1,000.00 of principal amount of Debentures shall be payable to FTN Financial Capital Markets and $15.00 for each $1,000.00 of principal amount of Debentures shall be payable to Xxxxx, Xxxxxxxx & Xxxxx, Inc. Such amount shall be delivered to the Trustee or such other person designated by the Placement Agents on the Closing Date and shall be allocated between and paid to the respective Placement Agents as directed by the Placement Agents.
Placement Agents' Compensation. In consideration for the services rendered by Placement Agent hereunder, the Company shall pay the Placement Agent, upon the distribution of funds from the escrow account established for the Offering in connection with each Closing for the issuance and sale of the Securities, in accordance with written wire transfer payment instructions from the Placement Agent:
Placement Agents' Compensation. Because the proceeds from the sale of the Capital Securities shall be used to purchase the Debentures from the Company, the Company shall pay an aggregate of $20.00 for each $1,000.00 of principal amount of Debentures sold to the Trust (excluding the Debentures related to the Common Securities purchased by the Company). Of this amount, $10.00 for each $1,000.00 of principal amount of Debentures shall be payable to FTN Financial Capital Markets and $10.00 for each $1,000.00 of principal amount of Debentures shall be payable to Keefe, Bruyette & Woods, Inc. Such amount shall be delivered to the Txxxxxe xx xxxx othxx xxrson designated by the Placement Agents on the Closing Date and shall be allocated between and paid to the respective Placement Agents as directed by the Placement Agents.
Placement Agents' Compensation. The Trust shall use the proceeds from the sale of the Preferred Securities, together with the proceeds from the sale of the Common Securities, to purchase the Junior Subordinated Notes. The Company shall pay no fees or commissions (the “Commission”) to the Placement Agent. The Placement Agent shall be responsible for the following expenses: (i) rating agency costs and expenses and (ii) any fee payable to the Company’s introducing agent; provided, that such introducing agent has an agreement with the Placement Agent, but excluding the fees and expenses set forth in Section 2.4.2 hereof.
Placement Agents' Compensation. Because the proceeds from the sale ------------------------------ of the Capital Securities shall be used to purchase the Debentures from the Company, the Company shall pay an aggregate of $30.00 for each $1,000.00 of principal amount of Debentures sold to the Trust (excluding the Debentures related to the Common Securities purchased by the Company). Of this amount, $15.00 for each $1,000.00 of principal amount of Debentures shall be payable to FTN Financial Capital Markets and $15.00 for each $1,000.00 of principal amount of Debentures shall be payable to Keefe, Bruyette & Woods, Inc. Such amount shall be delivered to xxx Trxxxxx xr sxxx other person designated by the Placement Agents on the Closing Date and shall be allocated between and paid to the respective Placement Agents as directed by the Placement Agents.
Placement Agents' Compensation. Because the proceeds from the sale of the Capital Securities shall be used to purchase the Debentures from the Company, the Company shall pay an aggregate of $30.00 for each $1,000.00 of principal amount of Debentures sold to the Trust (excluding the Debentures related to the Common Securities purchased by the Company). Of this amount, $15.00 for each $1,000.00 of principal amount of Debentures shall be payable to First Tennessee Capital Markets and $15.00 for each $1,000.00 of principal amount of Debentures shall be payable to Xxxxx, Xxxxxxxx & Xxxxx, Inc. Such amount shall be delivered to the Trustee or such other person designated by the Placement Agents on the Closing Date and shall be allocated between and paid to the respective Placement Agents as directed by the Placement Agents.
Placement Agents' Compensation. The Selling Shareholder shall pay the Placement Agent the amounts pursuant to this Section 3.4, which shall be the full amount payable to the Placement Agent for its services, as fees and expenses, in connection with the placement of the Units. Based upon the total aggregate amount of the Units sold by the Placement Agent on behalf of the Selling Shareholder, the Placement Agent shall be paid a cash placement fee
Placement Agents' Compensation. (a) In connection with the Offering, the Company will pay a cash fee (the “Broker Cash Fee”) to the Placement Agent at each Closing equal to Eight Percent (8%) of each Closing’s gross proceeds from any sale of Securities in the Offering during the Term to Investors first contacted by the Placement Agent in connection with the Offering. The Broker Cash Fee shall be paid to the Placement Agent in cash by wire transfer from the Company at the time of the Closing, and as a condition to closing, simultaneous with the distribution of funds to the Company.
Placement Agents' Compensation. The Offerors shall use the proceeds from the sale of the Preferred Securities, together with the proceeds from the sale of the Common Securities, to purchase the Junior Subordinated Notes. Because the proceeds from the sale of the Preferred Securities shall be used to purchase the Junior Subordinated Notes from the Company, the Company shall pay an aggregate of $0 for each $1,000 of principal amount of Junior Subordinated Notes (0%) sold to the Trust (excluding the Junior Subordinated Notes related to the Common Securities purchased by the Company) as commission to the Placement Agent (the “Commission”). Such amount shall be delivered to the Placement Agent or such other person designated by the Placement Agent on the Closing Date.
Placement Agents' Compensation. The Trust shall use the proceeds from the sale of the Preferred Securities, together with the proceeds from the sale of the Common Securities, to purchase the Junior Subordinated Notes. Because the proceeds from the sale of the Preferred Securities shall be used to purchase the Junior Subordinated Notes from the Company, the Company shall pay an aggregate of $30.00 for each $1,000 of principal amount of Junior Subordinated Notes (3.00%) sold to the Trust (excluding the Junior Subordinated Notes related to the Common Securities purchased by the Company) (the “Commission”). Such amount shall be delivered to the Placement Agent or such other person designated by the Placement Agent on the Closing Date. The Placement Agent shall be responsible for the following expenses: (i) rating agency costs and expenses and (ii) any fee payable to the Company’s introducing agent; provided, that such introducing agent has an agreement with the Placement Agent, but excluding the fees and expenses set forth in Section 2.4.2 hereof.
