Underwriting Commissions, Concessions and Discounts Clause Examples
The "Underwriting Commissions, Concessions and Discounts" clause defines how compensation is distributed among underwriters and selling group members in a securities offering. It outlines the specific fees, commissions, or price reductions that underwriters receive for their role in facilitating the sale of securities, and may detail how these amounts are shared or allocated among participants. This clause ensures transparency and fairness in the financial arrangements of the offering, preventing disputes and clarifying the economic incentives for all parties involved.
Underwriting Commissions, Concessions and Discounts. The Underwriters’ discounts and commissions, the concessions that the Underwriters may allow to certain dealers, and the discounts that such dealers may reallow to certain other dealers, each expressed as a percentage of the principal amount of the Notes, shall be as follows: [Class ] % % % [Class ] % % % [Class ] % % % [Reimbursement of Expenses: The Underwriters shall reimburse the Bank for an amount not to exceed $ for application towards expenses.]
Underwriting Commissions, Concessions and Discounts. The Underwriters’ discounts and commissions, the concessions that the Underwriters may allow to certain dealers, and the discounts that such dealers may reallow to certain other dealers, each expressed as a percentage of the principal amount of the Class A(2007-5) Notes, shall be as follows: Underwriters’ Information: The information furnished by the Underwriters through the Representative for purposes of Section 8(b) of the Underwriting Agreement consists of the chart and the third and seventh paragraphs under the heading “Underwriting” in the Prospectus Supplement.
Underwriting Commissions, Concessions and Discounts. The Underwriters’ discounts and commissions, the concessions that the Underwriters may allow to certain dealers, and the discounts that such dealers may reallow to certain other dealers, each expressed as a percentage of the principal amount of the Notes, shall be as follows: [Class ] % % % [Class ] % % % [Class ] % % % [Reimbursement of Expenses: The Underwriters shall reimburse the Bank for an amount not to exceed $ for application towards expenses.] Closing Date: Pursuant to Rule 15c6-1(d) under the Securities Exchange Act of 1934, as amended, the Underwriters, the Bank and the Issuing Entity hereby agree that the Closing Date shall be , , a.m., New York Time.
Underwriting Commissions, Concessions and Discounts. The Underwriters’ discounts and commissions, the concessions that the Underwriters may allow to certain dealers, and the discounts that such dealers may reallow to certain other dealers, each expressed as a percentage of the principal amount of the Class A(2024-1) Notes, shall be as follows: Time of Sale: 2:04 p.m. (Eastern Time) on June 6, 2024 (the time the first contract of sale was entered into as designated by the Representative).
Underwriting Commissions, Concessions and Discounts. The Underwriters’ discounts and commissions, the concessions that the Underwriters may allow to certain dealers, and the discounts that such dealers may reallow to certain other dealers, each expressed as a percentage of the principal amount of the Notes, shall be as follows: [Class ] ___% ___% ___% [Class ] ___% ___% ___% [Class ] ___% ___% ___% [Reimbursement of Expenses: The Underwriters shall reimburse the Bank for an amount not to exceed $ for application towards expenses.]
Underwriting Commissions, Concessions and Discounts. The Underwriters’ discounts and commissions, the concessions that the Underwriters may allow to certain dealers, and the discounts that such dealers may reallow to certain other dealers, each expressed as a percentage of the principal amount of the Notes, shall be as follows: [Class [_](20[__]-[_]) ___% ___% ___%] [Class [_](20[__]-[_]) ___% ___% ___%] [Class [_](20[__]-[_]) ___% ___% ___%] [Reimbursement of Expenses: The Underwriters shall reimburse the Company for an amount not to exceed $__________ for application towards expenses.]
Underwriting Commissions, Concessions and Discounts. The Underwriters’ discounts and commissions, the concessions that the Underwriters may allow to certain dealers, and the discounts that such dealers may reallow to certain other dealers, each expressed as a percentage of the principal amount of the Notes, shall be as follows: [Class ] ___% ___% ___% [Class ] ___% ___% ___% [Class ] ___% ___% ___% [Reimbursement of Expenses: The Underwriters shall reimburse the Bank for an amount not to exceed $ for application towards expenses.] Closing Date: Pursuant to Rule 15c6-1(d) under the Securities Exchange Act of 1934, as amended, the Underwriters, the Bank and the Issuing Entity hereby agree that the Closing Date shall be , , a.m., New York Time.