Examples of Public Offering Expenses in a sentence
Initially, upon the formation of the Partnership, after deduction of the Public Offering Expenses, the General Partners estimate that approximately eighty-four percent (84%) if the maximum offering of 300,000 Units ($30,000,000) is subscribed of the gross offering proceeds will be used for making Mortgage Investments.
The OLP shall be responsible for and shall pay all Financing Expenses and Transfer Expenses and the MLP shall be responsible for and shall pay all Public Offering Expenses and the Over-Allotment UW Discount, in each case whether incurred prior to, as of or after the Effective Time.
On the Closing Date, effective immediately following the consummation of the transactions described in Section 2.3, the Public Offering is closing and the MLP is issuing 9,821,000 Common Units in exchange for the proceeds of the Public Offering (net of the Over-Allotment UW Discount and certain of the Public Offering Expenses).
If any Transferor or any of its Affiliates have paid or advanced any Transfer Expenses, Financing Expenses or Public Offering Expenses (other advances pursuant to the Promissory Note, which shall be repaid as provided in this Agreement or as provided in the MLP Partnership Agreement), then the OLP or the MLP, as appropriate, shall reimburse such Transferor or such Affiliate promptly upon request therefor and the MLP hereby guarantees the payment of all amounts required to be so paid by the OLP.