Underwriting Discount and Proceeds Sample Clauses

The 'Underwriting Discount and Proceeds' clause defines how much compensation the underwriters receive for their services and how the net proceeds from a securities offering are calculated. Typically, this clause specifies the percentage or amount deducted from the gross offering price as the underwriting discount, with the remainder representing the proceeds paid to the issuer. By clearly outlining these financial terms, the clause ensures transparency in the transaction and helps both parties understand the allocation of funds and costs associated with the offering.
Underwriting Discount and Proceeds. The following table shows the Price to Public, underwriting discounts and commissions and proceeds before expenses to the Issuer for the Common Stock Offering. Price to Public $ 42.00 $ 252,000,000 Underwriting discounts and commissions $ 1.89 $ 11,340,000 Proceeds, before expenses, to the Issuer $ 40.11 $ 240,660,000 The estimated expenses of the Common Stock Offering payable by the Issuer, exclusive of underwriting discounts and commissions, are approximately $610,000. Joint Book-Running Managers: Credit Suisse Securities (USA) LLC ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ & Co. LLC ▇▇▇▇▇▇▇ Lynch, Pierce, ▇▇▇▇▇▇ & ▇▇▇▇▇ Incorporated Barclays Capital Inc. Co-Managers: Sterne, Agee & ▇▇▇▇▇, Inc. FBR Capital Markets & Co. ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇, Inc. ▇▇▇▇▇ ▇▇▇▇▇▇▇ & Co. Evercore Group L.L.C.
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Underwriting Discount and Proceeds. The following table shows the Public Offering Price, underwriting discounts and commissions and proceeds before expenses to the Issuer. Public Offering Price(1) $ 1,000 $ 125,000,000 Underwriting discounts and commissions $ 35 $ 4,375,000 Proceeds, before expenses, to the Issuer $ 965 $ 120,625,000 (1) Plus accrued interest, if any, from the Settlement Date. Trade Date: September 21, 2012. Settlement Date: September 26, 2012. CUSIP: 983793 AA8 ISIN: US983793AA89 Joint Book-Running Managers: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ & Co. LLC Deutsche Bank Securities Inc. ▇▇▇▇▇▇▇▇▇ & Company, Inc. Co-Managers: BB&T Capital Markets, a division of ▇▇▇▇▇ & ▇▇▇▇▇▇▇▇▇▇▇▇, LLC ▇▇▇▇▇▇▇▇▇▇▇ & Co. Inc. ▇▇▇▇▇▇▇ ▇▇▇▇▇ & Associates, Inc. ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ & Company, Incorporated Avondale Partners, LLC FBR Capital Markets & Co.
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Underwriting Discount and Proceeds. The following table shows the Public Offering Price, underwriting discounts and commissions and proceeds before expenses to the Issuer. The information assumes both no exercise and full exercise by the underwriters of their option to purchase additional Notes.
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Underwriting Discount and Proceeds. The following table shows the public offering price, underwriting discounts and commissions and proceeds before expenses to the Issuer. Public offering price(1) $ 1,000 $ 150,000,000 Underwriting discounts and commissions $ 30 $ 4,500,000 Proceeds, before expenses, to the Issuer $ 970 $ 145,500,000
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Related to Underwriting Discount and Proceeds

  • Underwriting Discount In consideration of the services to be provided for hereunder, the Company shall pay to the Underwriters, with respect to any Offered Securities sold to investors in this Offering, a seven percent (7%) underwriting discount.

  • Price and Underwriting Discounts In the case of an underwritten Demand Registration or Underwritten Takedown requested by Holders pursuant to this Agreement, the price, underwriting discount and other financial terms of the related underwriting agreement for the Registrable Securities shall be determined by the Holders representing a majority of the Registrable Securities included in such underwritten offering.

  • Underwriting Fee The Underwriting Fee payable by BIP to the Underwriters pursuant to the Offering shall be calculated based on all of the Units purchased hereunder. The Underwriting Fee payable by BIP to the Underwriters pursuant to the Over-Allotment Option shall be calculated based on all of the Additional Units purchased hereunder.

  • FIRM DISCOUNT AND PRICING STRUCTURE Contractor guarantees that prices quoted are equal to or less than prices quoted to any other local, State or Federal government entity for services of equal or lesser scope. Contractor agrees that no price increases shall be passed along to the County du ring the term of this Contract not otherwise specified and provided for within this Contract.

  • Sale or Discount of Receivables Except for receivables obtained by the Borrower or any Subsidiary out of the ordinary course of business or the settlement of joint interest billing accounts in the ordinary course of business or discounts granted to settle collection of accounts receivable or the sale of defaulted accounts arising in the ordinary course of business in connection with the compromise or collection thereof and not in connection with any financing transaction, the Borrower will not, and will not permit any Subsidiary to, discount or sell (with or without recourse) any of its notes receivable or accounts receivable.