CAPITAL CONTRIBUTIONS BY THE MANAGER. Xxxxx Xxxxx as an organizational member purchased 100 Shares and the Withdrawing Shareholder as an organizational member purchased one Share at the purchase price of $100 per Share paid in cash and each was admitted as an organizational Shareholder of the Fund. At its discretion, the Manager may purchase additional Shares at the Initial Closing and from time to time. Additional Shares acquired by the Manager at the Initial Closing will be purchased at a price of $100 per Share, and any additional Shares purchased by the Manager at any subsequent time will be acquired at the Issue Price Per Share as of such date. Capital Contributions of the Manager are not subject to selling commissions. The Share owned by the Withdrawing Shareholder will be redeemed by the Fund (without payment of a redemption fee) on the effective date of this Agreement.
CAPITAL CONTRIBUTIONS BY THE MANAGER. Eaton Vance as the organizational member purchased for cash 100 Undividex Xxxxxx xx the purchase price of $100 per Share and was admitted as the organizational Shareholder of the Fund. At its discretion, the Manager may purchase additional Undivided Shares prior to or at the Initial Closing and thereafter from time to time. Additional Undivided Shares acquired by the Manager at the Initial Closing will be purchased at a price of $100 per Share, and any additional Undivided Shares purchased by the Manager at any subsequent time will be acquired at the Issue Price Per Share as of such date. Capital Contributions of the Manager are not subject to selling commissions.
CAPITAL CONTRIBUTIONS BY THE MANAGER. Eaton Vance as an organizationxx xxxxxx xurchased 100 Shares and the Withdrawing Shareholder as an organizational member purchased one Share at the purchase price of $100 per Share paid in cash and each was admitted as an organizational Shareholder of the Fund. At its discretion, the Manager may purchase additional Shares at the Initial Closing and from time to time. Additional Shares acquired by the Manager at the Initial Closing will be purchased at a price of $100 per Share, and any additional Shares purchased by the Manager at any subsequent time will be acquired at the Net Asset Value per Share as of such date. Capital Contributions of the Manager are not subject to selling commissions. The Share owned by the Withdrawing Shareholder will be redeemed by the Fund (without payment of a redemption fee) on the effective date of this Agreement.
