Cash Commission definition

Cash Commission shall have the meaning ascribed thereto in the recitals to this Agreement.
Cash Commission has the meaning given to that term on the third page of this Agreement;
Cash Commission shall have the meaning ascribed to such term in the preamble of this Agreement;

Examples of Cash Commission in a sentence

  • The obligation of the Corporation to pay the Cash Commission, to issue the Broker Warrants and the Corporate Finance Fee Units, and to execute and deliver the Broker Warrant Certificate shall arise at the Closing Time and the Option Closing Time, as applicable.

  • The Cash Commission will be netted out of the gross proceeds of the Offering.

  • At the Closing Time or the Option Closing Time, as applicable, the Corporation shall pay to the Underwriter, a cash commission equal to 7.0% of the aggregate gross proceeds raised from the sale of Offered Securities (the "Cash Commission").


More Definitions of Cash Commission

Cash Commission has the meaning ascribed to such term in Section 17. "Claims" has the meaning ascribed to such term in Section 15.
Cash Commission has the meaning given to it in Section 10(a);
Cash Commission has the meaning ascribed to it in the Agency Agreement;
Cash Commission has the meaning set out in Section 12; "Compensation Securities" has the meaning set out in Section 12; "Compensation Warrants" has the meaning set out in Section 12;
Cash Commission shall have the meaning ascribed thereto in Section 9 hereof “CDS” shall have the meaning ascribed thereto in subsection 14(b) hereof. “Closing” means the closing of the Offering.
Cash Commission means the cash commission payable to the Agents under the Agency Agreement in consideration of the services rendered by the Agents in connection with the Offering, being an amount equal to 7% of the aggregate gross proceeds of the Offering other than in respect of purchasers listed on the president’s list, for which the cash commission will be 3.5% of the aggregate gross proceeds in respect of the sale of Subscription Receipts to purchasers listed on the president’s list, including any gross proceeds from the exercise of the Agents’ Option;