Placement Agents Fees and Expenses. Holder understands that, upon any exercise of this Warrant, the Placement Agent (as defined in the Purchase Agreement) shall be entitled to receive a commission equal to 10% and a non-accountable expense allowance equal to 2% of the aggregate Exercise Price paid by Holder upon such exercise. The Company shall direct the Holder to make such commission and expense payment directly to the Placement Agent and the Holder shall comply with such direction.
Placement Agents Fees and Expenses. Subject to the terms and conditions hereof, payment of the purchase price for, and delivery of, the Securities shall be made at the closing (the “Closing” and the date on which the Closing occurs, a “Closing Date”). The Closing of the issuance of the Securities shall occur via “Delivery Versus Payment”, i.e., on the Closing Date, the Company shall issue the Securities directly to the account designated by the Placement Agent and, upon receipt of such Securities, the Placement Agent shall electronically deliver such Securities to the applicable Purchaser and payment shall be made by the Placement Agent (or its clearing firm) by wire transfer to the Company. The Company acknowledges and agrees that it will be responsible for and shall pay:
Placement Agents Fees and Expenses. At each Closing, the Company shall pay to the Placement Agent cash commissions equal to 8% of the gross proceeds of the sale of the Securities and a nonaccountable expense allowance equal to 2% of the gross proceeds of the sale of the Securities. The Company shall issue to the Placement Agent the Purchase Option to purchase 10% of the number of shares of Preferred Stock and 10% of the Warrants issued to the Subscribers at such Closing. At the Initial Closing (and if additional fees and expenses are incurred by the Placement Agent then at subsequent Closings as well), the Company also shall reimburse the Placement Agent for the expenses described in Section 5.2 hereof. All the foregoing amounts and any other expenses to be paid pursuant to Section 5.2 are payable at the Placement Agent's direction directly to the parties who are owed same by deduction from the aggregate purchase price of the Securities sold.
Placement Agents Fees and Expenses. At Closing, the Company shall pay to the Placement Agent a cash commission equal to 8% of the gross proceeds of the sale of the Units, a nonaccountable expense allowance equal to 3% of the gross proceeds of the sale of the Units less the $25,000 deposit paid by the Company upon the execution of the Letter of Intent dated November 30, 2000 as amended December 18, 2000. At the First Closing, the Company also shall reimburse the Placement Agent for the expenses described in Section 5.3 hereof. All the foregoing amounts and any other expenses to be paid pursuant to Section 5.3 are payable at the Placement Agent's direction directly to the parties who are owed same by deduction from the aggregate purchase price of the Units sold and to the extent any expenses occur after the First Closing, those expenses shall be reimbursed at the Final Closing.
Placement Agents Fees and Expenses. At the Closing, the Company shall pay to the Placement Agent a commission equal to 10% of the aggregate purchase price of the Units sold in the Offering. In order to reimburse the Placement Agent for its expenses incurred in connection with the Offering, at the Closing, the Company also shall pay to the Placement Agent a non-accountable expense allowance equal to 3% of the aggregate purchase price of the Units (less $20,000 paid on account) sold in the Offering. On or before the Closing, the Company shall pay the fees and disbursements of GM&M referred to in Section 5.3 below in connection with the qualification of the Units under the securities or Blue Sky laws of the states which the Placement Agent shall designate and the other expenses of the offering that are referred to in Section 5.3 below. All the foregoing amounts are payable directly to the parties who are owed same by deduction from the aggregate purchase price of the Units sold.
Placement Agents Fees and Expenses. At closing, the issuer will pay to the placement agent a commission over the aggregate purchase price of the securities sold by the placement agent. The parties may also agree that the issuer grants to the agent a certain percentage of securities as part of the compensation package. This will also facilitate the commercialization process for the agent between its clients, as the agent will be keeping a percentage of the securities that are being issued. In other words, that it will be sharing the risk with investors (what is known as having “skin in the game”).
Placement Agents Fees and Expenses. At Closing, the Company hall pay to the Placement Agent a cash commission equal to 8% of the gross proceeds of the sale of the Units, a nonaccountable expense allowance equal to 2% of the gross proceeds of the sale of the Units less the $25,000 deposit paid by the Company upon the execution of the Letter of Intent dated July 26, 2000. At the Closing, the Company also shall reimburse the Placement Agent for the expenses described in Section 5.3 hereof. All the foregoing amounts and any other expenses to be paid pursuant to Section 5.3 are payable at the Placement Agent's direction directly to the parties who are owed same by deduction from the aggregate purchase price of the Units sold.
Placement Agents Fees and Expenses. At the Closing, the Company shall pay to the Placement Agent a commission equal to 10% of the aggregate purchase price of the Units (including any Units paid for by tender of the October Notes). In order to reimburse the Placement Agent for its expenses incurred in connection with the Offering, at the Closing, the Company also shall pay to the Placement Agent a non-accountable expense allowance equal to 3% of the aggregate purchase price of the Units. On or before the Closing, the Company
Placement Agents Fees and Expenses. At each Closing, the Company shall pay to the Placement Agent a commission equal to 7% of the gross proceeds of the Offering and shall deliver the Placement Agent's Purchase Option to the Placement Agent. At each Closing, the Company shall also pay to the Placement Agent a non-accountable expense allowance equal to 3% of the gross proceeds of such Closing. All the foregoing amounts and any other expenses to be paid pursuant to Section 5.3 are payable at the Placement Agent's direction directly to the parties who are owed same by deduction from the aggregate purchase price of the Shares sold.
Placement Agents Fees and Expenses. 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 thx Xxusxxx xx suxx xther 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.
