Organizational Costs means any and all expenses (including, without limitation, travel expenses, printing costs, legal and accounting fees, and other out-of-pocket expenses) incurred in connection with the organization of the Partnership.
Organizational Costs means the aggregate of (i) expenses and application fees associated with participation in the Company; (ii) allocable salaries and expenses of employees and consultants of the Manager assisting with the organization and formation of the Company and/or the Initial Capitalization; (iii) charges of depositories in connection with the Units; (iv) reasonable attorney, accountant, and consultant fees in connection with the organization and formation of the Company and the preparation of this OFFERING CIRCULAR; and (v) andy General and Administrative Expenses of the Manager during the Application Period.
Organizational Costs means all costs incurred by or on behalf of the Partnership in connection with the organization of the Partnership and the General Partner and the admission of the Limited Partners to the Partnership and shall include, without limitation, legal, accounting, filing, capital raising and other organizational expenses, but shall exclude Placement Fees.
Examples of Organizational Costs in a sentence
The portions of the fee, if any, allocable to Land Costs, Organizational Costs, Acquisition Costs and Syndication Costs;4.
Professional Service and Organizational Costs The costs of professional services rendered, and other costs incurred, in relation to the creation, administration and termination of the District, and the undertaking of the projects contained within this Plan, are eligible Project Costs.
The Organizational Costs are an estimated total amount of preliminary costs incurred by the City in connection with the establishment of the Increment District.
Prior to the issuance of Debt, it is anticipated that a developer may advance funds to the District to pay the Organizational Costs of the District and costs for constructing and installing Public Improvements.
A copy of the combined Scrutinizer’s Report on remote e-voting of the AGM will also be made available on the website of the Company www.spandanasphoorty.com immediately upon filing the same with the Stock Exchanges.
More Definitions of Organizational Costs
Organizational Costs means those costs and expenses incurred by the Company in connection with its creation and organization, all as determined in accordance with GAAP.
Organizational Costs shall have the meaning provided by Section 4.2 hereof. “Original Allocation” shall have the meaning provided by Section 5.3E). “Partner Withdrawal Event” shall have the meaning provided by Section 8.2A) hereof.
Organizational Costs means third party costs, fees and expenses relating to the organization and formation of the Company, including, without limitation, legal and accounting fees, costs and expenses. Person – means a corporation, limited liability company, partnership, limited partnership, public or private pension fund, insurance company, foundation, endowment, investment company, trust, estate, governmental entity or other entity or natural person. Preferred Return – means the 3% Preferred Return with respect to the Social Impact Investor or the 6% Preferred Return with respect to the Private Investor. Prime Rate – means a rate per annum equal to the lesser of (a) a varying rate per annum that is equal to the interest rate publicly quoted by XX Xxxxxx Xxxxx Bank, or any successor money center bank, from time to time as its prime commercial or similar reference interest rate, with adjustments in that varying rate to be made on the same date as any change in that rate, and (b) the maximum rate permitted by Law.
Organizational Costs include (but are not limited to): • Costs of goods and services and all related shipping and transportation costs; • Costs of staff time and expenses (e.g. salaries and benefits), excluding severances; • Proportionate overhead costs of the Recipient (based on incremental staff time directly related to the program); • Cost of audits and evaluations of the program; • Legal costs to administer the program, provided that those legal costs do not arise due to the Recipient’s own negligence and willful misconduct; • Incremental insurance costs; • Costs of telecommunications, postage, or other similar costs; • Payment processing costs; • Costs related to performance monitoring of activities; • Cost of information management and information technology (IM/IT) systems, excluding any capital assets. Where such assets must be purchased, they must be pre-approved by the Ministry; • Incremental costs for rental, lease of facilities, equipment, or machinery directly related to the program; • Costs of developing public communications, advertisements and notices; • Harmonized sales tax for which the Recipient is not eligible for a rebate, credit, or refund; and • Costs for travel, meal, and catering, provided those costs were included in the project budget provided to the Province and were incurred in accordance with Schedule ‘D’ of this agreement;
Organizational Costs means third party costs, fees and expenses relating to the organization and formation of the Company, including, without limitation, legal and accounting fees, costs and expenses.
Organizational Costs means those expenses incurred by the Fund or persons acting on the Fund’s behalf (including the Fund’s trustees and promoters) to organize the Fund and offer its shares to the public, including (i) filing fees and expenses, (ii) fees incurred for legal services pertaining to the organization of the Fund, the drafting of an agreement and declaration of trust, bylaws, investment management and forms of sub-advisory agreements, administration, custody and transfer agent agreements, and performing research and consultation services in connection with the initial meetings of trustees,; and (iii) legal and other fees incurred to prepare the Fund’s Registration Statement on Form N-2, including the amendments and exhibits thereto up to the time that the Fund’s Registration Statement is declared effective by the U.S. Securities and Exchange Commission (the “SEC”) and the Fund has filed with the SEC a definitive prospectus. If at any point during the 5-year period after the Fund commences investment operations the amount of Administration Expenses is less than an annual rate of 0.45 percent of the Fund’s net assets, the Fund will pay to the Investment Manager an amount equal to the difference; provided that the aggregate amount paid to the Investment Manager pursuant to this paragraph may not exceed the sum of the Waived-Reimbursed Amount-Administration and the aggregate amount of all Organizational Costs. This letter agreement may not be terminated or amended by the Investment Manager or the Fund without the consent of the Trustees. The Investment Manager understands and intends that the Fund will rely on this undertaking in preparing and filing its Registration Statement on Form N-2, including any amendment thereof, with the SEC, in accruing the Fund’s expenses for purposes of calculating its net asset value per share, and for other purposes, and the Investment Manager expressly permits the Fund to do so. LITTLE HARBOR ADVISORS, LLC By: ______________________________ Name: Title: ACCEPTED AND AGREED: LITTLE HARBOR MULTISTRATEGY COMPOSITE FUND By: ______________________________ Name: Title:
Organizational Costs shall have the meaning set forth in Section 4.2.