Placement Agents' Compensation Sample Clauses

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 ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇, 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. 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 ▇▇▇▇nt ▇▇▇▇▇ ▇e d▇▇▇▇▇red 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 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. 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 cash compensation equal to one percent (1%) of the gross proceeds of the Offering for Executing Broker Services. Additionally, seven (7%) of the aggregate subscription proceeds originated by an Introducing Broker other than the Placement Agent shall be payable in cash to such Introducing Broker provided that the Introducing Broker introduces an Introduced Investor as defined directly below.

Placement Agents' Compensation. (a) In connection with the Offering, the Company will pay a cash fee (the “Broker Cash Fee”) to the Placement Agents at each Closing equal to 10% of each Closing’s gross proceeds from any sale of Securities in the Offering during the Term; except for proceeds raised from certain existing investors of Akoustis for which the Placement Agents shall be entitled to a cash fee equal to 2% of such proceeds. The Broker Cash Fee shall be paid to the Placement Agents in cash by wire transfer from the escrow account established for the Offering, and as a condition to closing, simultaneous with the distribution of funds to the Company. The allocation of the Broker Cash Fee between the Placement Agents (and their designees, if applicable) shall be provided in writing by the Placement Agents. (b) Also, at each Closing, the Company will sell for an aggregate price of $10.00 to the Placement Agents (or their designees), warrants in the form of Attachment I to purchase shares of the Company’s Common Stock equal, in the aggregate, to 10% of the number of Securities sold in the Offering, which warrants shall have an initial exercise price equal to the price per share of the Securities (“Brokers Warrants”); except for Securities sold to certain existing investors of Akoustis for which the Placement Agents shall be entitled to warrants to purchase shares of the Company’s Common Stock equal to 2% of such Securities sold. To the extent permitted by applicable laws, all warrants shall permit unencumbered transfer to the respective Placement Agents’ employees and affiliates and the warrants may be issued directly to the respective Placement Agents’ employees and affiliates at the respective Placement Agents’ request. The allocation of the Brokers Warrants between the Placement Agents (and their designees, if applicable) shall be provided in writing by the Placement Agents. The Broker Cash Fee and the Broker Warrants are sometimes referred to collectively as the “Brokers Fees”). (c) To the extent there is more than one Closing, payment of the proportional amount of the Broker Cash Fees will be made out of the gross proceeds from any sale of Securities sold at each Closing and the Company will issue to the Placement Agents the corresponding number of Brokers Warrants. All cash compensation and warrants under this Agreement shall be paid directly by the Company to and in the name provided to the Company by the Placement Agents. (d) Provided that an Offering is consummated during the ...

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. 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 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 ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇, 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: (i) Cash compensation equal to one percent (1%) of the gross proceeds of the Offering for Executing Broker Services. Additionally, the following percentages of the aggregate subscription proceeds originated by a broker-dealer registered with the Securities and Exchange Commission and the Financial Regulatory Authority which introduces investors who invest in the Offering (an “Introducing Broker-Dealer”), including the Placement Agent (the “Other Proceeds”), shall be payable in cash to such Introducing Broker-Dealer provided that the Introducing Broker-Dealer introduces an Introduced Investor as defined directly below: • If Introduced Investor raises between $0 and $30mm, seven percent (7%) of the Other Proceeds. • If Introduced Investor raises more than $30mm and up to $40mm, seven and one half percent (7.5%) of the Other Proceeds for the entire raise (including the $0-$30mm portion) • If Introduced Investor raises more than $40mm, eight percent (8%) of the Other Proceeds for the entire raise (including the $0-40mm portion).

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.