Sales Charge. Investments may be subject to a sales charge (a “Sales Charge”) of up to 2.0% of the subscription amount. The Sales Charge may be waived or adjusted, subject to any procedure required by the Board, which may include delegation of waivers to placement agents that assist in the placement of Units. The Sales Charge shall be in addition to the subscription price for Units. All or a portion of the Sales Charge relating to Units will be paid to the placement agent that assisted in the placement of such Units.
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Ironwood Multi-Strategy Fund LLC), Limited Liability Company Agreement (Ironwood Multi-Strategy Fund LLC), Limited Liability Company Agreement (Ironwood Institutional Multi-Strategy Fund LLC)
Sales Charge. Investments may be subject to a sales charge (a “Sales Charge”) of up to 2.0% of the subscription amount. The Sales Charge may be waived or adjusted, subject to any procedure required by adjusted at the sole discretion of the Board, which may include delegation of waivers to placement agents that assist in the placement of Units. The Sales Charge shall be in addition to the subscription price for Units. All or a portion of the Sales Charge relating to Units will be paid to the placement agent that assisted in the placement of such Units.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Ironwood Institutional Multi-Strategy Fund LLC), Limited Liability Company Agreement (Ironwood Multi-Strategy Fund LLC)
Sales Charge. Investments may be subject to a sales charge (a “Sales Charge”) of up to 2.03% of the subscription amount. The Sales Charge may be waived or adjusted, subject to any procedure required by the Board, which may include delegation of waivers to placement agents that assist in the placement of Units. The Sales Charge shall be in addition to the subscription price for Units. All or a portion of the Sales Charge relating to Units will be paid to the placement agent that assisted in the placement of such Units.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Ironwood Multi-Strategy Fund LLC)
Sales Charge. Investments may be subject to a sales charge (a “Sales Charge”) of up to 2.02% of the subscription amount. The Sales Charge may be waived or adjusted, subject to any procedure required by the Board, which may include delegation of waivers to placement agents that assist in the placement of Units. The Sales Charge shall be in addition to the subscription price for Units. All or a portion of the Sales Charge relating to Units will be paid to the placement agent that assisted in the placement of such Units.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Ironwood Institutional Multi-Strategy Fund LLC)
