Examples of Acquisition Fee in a sentence
Includes approximately 158,120,000 Consideration Units issuable to the Vendor and approximately 10,246,000 new Units (at an illustrative issue price of S$1.17 per Unit) issuable as payment of the Acquisition Fee, and approximately 4,670,000 new Units issuable to the Manager as payment of the management fees in relation to MBFC Tower 3.
The Manager intends to finance the Total Acquisition Cost (excluding the Acquisition Fee (as defined herein) payable in Units) with (i) the issue of new Units to the Vendor amounting to S$185.0 million (the “Consideration Units”), (ii) net proceeds from the placement of 195,000,000 new Units (the “Placement”)8 (see the announcement dated 18 September 2014 for further details of the Placement), (iii) part of the proceeds from the Prudential Tower Divestment, and (iv) borrowings.