Formation Costs definition

Formation Costs means all preliminary and floatation expenses of the Fund including expenses in connection with authorization of the Fund and its application fee payable to the Commission, execution and registration of the Constitutive Document, issue, legal costs, and all expenses incurred during the period leading up to the authorization to a maximum limit of PKR 750,000/ or 0.5% in total of the total Seed Capital, whichever is less.

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Formation Costs means all preliminary and floatation expenses of the Pension Fund and shall include expenses in connection with authorization of the Pension Fund, execution and registration of the Constitutive Documents, issue, circulation and publication of the Offering Document and legal costs but shall not include any marketing, sales, promotion, education, communication or any form of advertisement costs; and shall not exceed 0.5% of the Seed Capital of each Sub-Fund or Rs.750, 000/- in total which ever is less.

Formation Costs means all preliminary and floatation expenses of the Fund including ex- penses in connection with authorization of the Fund and its application fee payable to the Commission, execution and registration of the Constitutive Document, issue, legal costs, and all expenses incurred during the period leading up to the authorization.

Examples of Formation Costs in a sentence

Any fee or other compensation payable by the Developer Member to Security Capital Markets Group is excluded from Equity Formation Costs and shall be paid entirely by the Developer Member.
Include (i) selling commissions payable to broker-dealers participating in the offering of SDIs (and to the Dealer Manager as to its direct sales), (ii) payments to the Dealer Manager as compensation for managing the offering of SDIs and as reimbursement for bona fide due diligence expenses, certain marketing costs, administrative expenses and certain incentive programs, and (iii) all Formation Costs incurred.
Formation Costs shall not include any amounts payable to broker-dealers as selling commissions or amounts paid to the Dealer Manager in connection with managing the offering.
Project Capital Contributions will be made on an as needed basis as required to pay Equity Formation Costs in accordance with Section 2.10 hereof, ▇▇▇▇▇▇▇ money deposits on an as-needed basis in accordance with Section 4.4(e) hereof and otherwise, as Projects are acquired by the Company through a Subsidiary.
Effective upon the execution of the Agreement, each member shall receive a Capital Account Credit in the amount of its third party costs and expenses incurred in the negotiation and formation of the Company, this Agreement and the Contribution Agreement ("Formation Costs").

More Definitions of Formation Costs

Formation Costs means all preliminary and floatation expenses of the Fund including ex- penses in connection with authorization of the Fund and its application fee payable to the Com- mission, execution and registration of the Constitutive Document, issue, legal costs, and all ex- penses incurred during the period leading up to the authorization.

Formation Costs means all preliminary and floatation expenses of the Pension Fund

Formation Costs means all preliminary and floatation expenses of UCPF I 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 inviting investments therein and all expenses incurred during the period leading up to the initial issue of Certificates; provided, however that the formation costs will not exceed the amount to be specified in the Offering Document of the Fund Any income earned from Fund Property before the finalization of the Initial Offer will be paid-out to the Investment Advisor and deducted from Formation Cost.

Formation Costs means all preliminary and floatation expenses of the

Formation Costs means all costs, fees and expenses (including legal fees) paid or incurred by Legacy, EDV and/or the Company in connection with the formation of the Company, including, without limitation, all legal fees and expenses incurred in connection with the preparation and execution of this Agreement and all other documents, agreements and instruments to be entered into and executed in connection herewith.

Formation Costs means all preliminary and floatation expenses of the Fund including expenses in connection with authorization of the Fund, execution and registration of the Trust Deed , issue, legal costs etc. and shall not include any marketing, sales, promotion, education, communication or any form whatsoever of any advertisement costs;