Placement Fees. (a) A Member may be charged a Placement Fee when a Placement Agent is used to place such Member's Interest with the Company. The specific amount of the Placement Fee is dependent on the size of the investment in the Company. The fees are as follows:
Appears in 4 contracts
Sources: Limited Liability Company Agreement (Mercantile Absolute Return Fund LLC), Limited Liability Company Agreement (Mercantile Long Short Manager Fund LLC), Limited Liability Company Agreement (Mercantile Absolute Return Fund LLC)
Placement Fees. (a) A Member may be charged a Placement Fee placement fee when a Placement Agent is used to place such Member's Interest with the Company. The specific amount of the Placement Fee is dependent on the size of the investment in the Company. The fees are as follows:’s Interest.
Appears in 2 contracts
Sources: Limited Liability Company Agreement (Mercantile Absolute Return Master Fund LLC), Limited Liability Company Agreement (PNC Absolute Return Master Fund LLC)