Underwriting Commission Sample Clauses
The Underwriting Commission clause defines the fee or compensation paid to underwriters for their role in facilitating the issuance and sale of securities. Typically, this commission is calculated as a percentage of the total amount raised or the value of securities sold, and it is paid by the issuer to the underwriters upon successful completion of the offering. This clause ensures that the underwriters are properly compensated for assuming the risk of buying securities from the issuer and reselling them to investors, thereby incentivizing their participation and expertise in the transaction.
Underwriting Commission. Notwithstanding anything to the contrary in the Underwriting Agreement, no additional underwriting commission shall be payable by the Company to the Underwriter in connection with the purchase of the Certificates.
Underwriting Commission. As compensation for their commitments hereunder, the Company will pay to the Representatives, for the account of the Underwriters, at the Closing Time or on each Date of Delivery, if any, an amount equal to the total underwriting commission specified in Schedule B for the Firm Shares or the Option Shares sold and delivered by the Company at the Closing Time or such Date of Delivery, as applicable.
Underwriting Commission. In consideration of the Hong Kong Underwriters assuming their Hong Kong Underwriting Commitment, the Company shall pay to the Sole Representative (for itself and on behalf of the Hong Kong Underwriters) an underwriting commission equal to 2.0% of the aggregate Public Offer Price in respect of all of the Hong Kong Offer Shares (excluding any International Offer Shares reallocated to the Hong Kong Public Offering and any Hong Kong Offer Shares reallocated to the International Offering in each case pursuant to Clause 4), out of which the Hong Kong Underwriters will pay any sub-underwriting commissions payable. The respective entitlements of the Hong Kong Underwriters to the underwriting commission, taking into account any reallocation of the Offer Shares pursuant to Clause 4, will be set out in the International Underwriting Agreement.
Underwriting Commission. Notwithstanding anything to the contrary in the Underwriting Agreement, no additional underwriting commission shall be payable by the Company to the Underwriters in connection with the purchase of the Certificates. Closing Date and Location: April 25, 2000 at the Chicago, Illinois offices of ▇▇▇▇▇, ▇▇▇▇▇ & ▇▇▇▇▇.
Underwriting Commission. The Company may at any time pay a commission to any person for Commission for subscribing or agreeing to subscribe (whether absolutely or conditionally) for subscribing to shares any shares, debentures or other securities of the Company or procuring or agreeing to procure subscriptions (whether absolute or conditional) for any shares, debentures or other securities of the Company but so that if the commission in respect of the shares, debentures or other securities shall be paid or payable out of the capital, the statutory conditions and requirements shall be observed and complied with and the amount or rate of commission shall not exceed the rates prescribed by the Act and the Banking Act. The commission may be paid or satisfied in cash or in shares, debentures or other securities of the Company or partly in one and partly in the other. The Company may also, on any issue of shares, debentures or other securities pay such brokerage as may be lawful.
Underwriting Commission. Subject to Clause 6.2 below, the Company agrees to pay all syndicate CMIs a total underwriting commission equal to 2.0% of the aggregate Offer Price in respect of all of the Hong Kong Offer Shares (excluding any International Placing Shares reallocated to the Hong Kong Public Offering and any Hong Kong Offer Shares reallocated to the International Placing, in each case pursuant to Clauses 4.11 and 4.12, respectively) (the “Underwriting Commission”), out of which the Hong Kong Underwriters will pay any sub-underwriting commissions payable. The respective entitlements of the Hong Kong Underwriters to the Underwriting Commission shall be set out in the International Underwriting Agreement, provided that if there is any adjustment in the International Underwriting Agreement to the allocation of the fixed fee to each syndicate CMI as set out in the Engagement Letters and CMI Engagement Letters, such adjustment shall comply with the Listing Rules.
Underwriting Commission. 7.1.1 Subject to this Agreement having become unconditional and not having been terminated under its terms, the Company will pay the Overall Coordinators (on behalf of the Hong Kong Underwriters) a fixed underwriting commission equal to 1.5 per cent. of the Reference Hong Kong Public Offering Amount (the "Fixed Underwriting Commission"). The Fixed Underwriting Commission shall be allocated among the Hong Kong Underwriters in accordance with the respective Hong Kong Public Offering Underwriting Commitment of each Hong Kong Underwriter as set forth in Schedule 1.
7.1.2 The Company may, at its sole and absolute discretion, and by reference to the agreed form discretionary incentive fee evaluation criteria, elect to pay to the Overall Coordinators (on behalf of the Hong Kong Underwriters) a discretionary incentive fee of up to 1.0 per cent. of the Reference Hong Kong Public Offering Amount (the "Discretionary Incentive Fee").
7.1.3 If the Company elects to pay any Discretionary Incentive Fee, the amount of the Discretionary Incentive Fee and the respective entitlements of the Hong Kong Underwriters to any Discretionary Incentive Fee shall be determined by the Company at its sole and absolute discretion and shall be set out in a notice to be delivered by the Company to the Overall Coordinators (for themselves and on behalf of the Hong Kong Underwriters) on or before the Price Determination Date, and the Company shall pay the Discretionary Incentive Fee within 15 Business Days of the date of such notice. For the avoidance of doubt, the Discretionary Incentive Fee shall not be deducted from the proceeds of the Share Offer to be paid to the Company at the closing of the Share Offer.
Underwriting Commission. 11 Certificates ....... ..... ..... 11 Calls ....... ..... ..... 12
Underwriting Commission. Commission for subscribing to shares ....... ..... ..... 23 11 CERTIFICATES
Underwriting Commission. The Company shall pay to the Sole Global Coordinator (acting in such capacity and as the Hong Kong Underwriter) an underwriting commission equal to 3.5 per cent. of the aggregate Offer Price in respect of all of the Hong Kong Offer Shares (excluding any International Offer Shares reallocated to the Hong Kong Public Offering and any Hong Kong Offer Shares reallocated to the International Offering, in each case pursuant to Clause 4.11 and 4.12, respectively). The entitlement of the Hong Kong Underwriter to the Hong Kong underwriting commission shall be set out in the International Underwriting Agreement.