Examples of Subscription Proceeds in a sentence
Contents of Notice regarding Taxes Due: The Local Tax Administrator shall send written notice to a taxpayer upon the Local Tax Administrator’s issuance of a protest able notice of tax due, a bill, a claim denial, or a notice to claim reduction regarding any tax.
The Company, on behalf of the Protected Cell, will place the aggregate amount paid to the Company during the Offer Period by way of subscriptions for Cell Shares under the Offer (being the Original Subscription Proceeds) on deposit in the Company's bank account with Royal Bank of Scotland International Limited (Guernsey Branch).
On the Drawdown Date, the Company will lend the Original Subscription Proceeds plus any interest thereon, less the Investment Advisor fee (being the Net Issue Proceeds) to the Investment Counterparty under a term loan agreement (being the Term Loan Agreement).
The Manager will use its best efforts to make suitable investments of the Net Subscription Proceeds as soon as possible following each Closing.
The New Subscription Proceeds, together with any accrued interest, shall be applied as the Scheme Cash Consideration under the ListCo Schemes.