Formation Cost definition

Formation Cost means preliminary expenses relating to regulatory and registration fees of the Scheme, flotation expenses of the Scheme, expenses relating to authorization of the Scheme, execution and registration of the Constitutive Documents, legal costs, printing, circulation and publication of this Offering Document, announcements describing the Scheme and all other expenses incurred until the end of the Initial Period.
Formation Cost means preliminary expenses relating to regulatory and registration fees
Formation Cost means preliminary expenses relating to regulatory and registration fees of the Scheme, flotation expenses of the Scheme, expenses relating to authorization of the Scheme, execution and registration of the Constitutive

Examples of Formation Cost in a sentence

  • The formation cost shall be amortized over a period of five years or any other time period as specified by the Commission Formation Cost shall be charged to the Fund and shall not exceed 1% of pre-public offer Investment (Pre-IPO Units) or Rs 5 Million whichever is lower.

  • Formation Cost of the Fund shall not exceed one percent of the pre-initial public offering capital of the Scheme or five million rupees whichever is lower.

  • The Formation Cost shall be charged in such a manner as prescribed in the Regulations.


More Definitions of Formation Cost

Formation Cost means all expenses incurred in connection with the establishment and registration of the Fund, including execution and registration of the Constitutive Documents, issue, legal costs, printing, circulation and publication of the Offering Document, announcements describing the Fund and expenses incurred during the Initial Offering Period.
Formation Cost means all preliminary and floatation expenses of the Scheme including expenses in connection with authorization of the Scheme and its application fee payable to SECP, execution and registration of the Constitutive Document, issue, legal costs, printing, circulation and publication of the Offering Document, announcements describing the Fund, marketing of the Fund to Unit Holders and inviting investment therein and all expenses incurred during the period leading up to the First Offer.
Formation Cost means all preliminary and floatation expenses of the Trust including expenses in connection with authorization of the Scheme, execution and registration of the Constitutive Document, issue, circulation and publication of the Offering Document and all expenses incurred during the Initial Period.
Formation Cost means all preliminary and floatation expenses of the Trust including expenses in connection with authorization of the Scheme, execution and registration of the Constitutive Document, issue, circulation and publication of the Offering Document, legal costs and all other expenses including advertisement and invitations costs incurred during and up to the Initial Period. Formation Costs shall not exceed [1%] of Pre-initial public offering capital or Rs 5 Million whichever is lower.
Formation Cost means all preliminary and floatation expenses of the Fund including expenses in connection with authorization of the Scheme, execution and registration of the Constitutive Document's, issue, legal costs, printing, circulation and publication of the Trust Deed, the Offering Document, announcements describing the Fund, inviting investment therein and all expenses incurred during the period leading up to the initial issue of Units. This shall not exceed one percent (1%) of the pre-initial public offering investment or five million rupees whichever is lower.
Formation Cost means all preliminary and floatation expenses of the Fund subject to the limits prescribed in the Regulations including expenses in connection with registration of the Scheme and its application fee payable to the Commission, execution and registration of the Trust Deed, issue, legal costs, printing, circulation and publication of the Offering Document and all expenses incurred during the period leading up to the Initial Offer which shall not exceed one percent of the pre- Initial Public Offering capital of the Scheme. Marketing expense shall not be charged to the Fund however one time advertisement cost for launching of Fund may be charged to Fund..
Formation Cost means preliminary expenses relating to regulatory and registration fees of the Scheme, flotation expenses of the Scheme, expenses relating to authorization of the Scheme, execution and registration of the Constitutive Documents, legal costs, printing, circulation and publication of the Offering Document, announcements describing the Scheme and all other expenses incurred until the end of the Pre-IPO Period.