Examples of Subscription Procedure in a sentence
Shares are freely transferable (with the exception that Shares may not be transferred to any person who is not a Qualified Holder, as defined under paragraph "Subscription Procedure").
See the “Use of Proceeds” section for each respective Series in Appendix B and the “Plan of Distribution and Subscription Procedure – Fees and Expenses” section for further details.
Shares are freely transferable (with the exception that Shares may not be transferred to a Prohibited Person or a US Person, as defined in Sub-section 10.1 "Subscription Procedure") and may be converted at any time for Shares of another Sub-fund within the same Class.
Thereafter, the Subscription Price of each Class of Shares of each Sub-fund will be equal to the Net Asset Value per Share (as described under Sub-section 10.1 "Subscription Procedure"), plus any applicable Subscription Commission of up to 5% maximum of the Net Asset Value per Share in favour of any distributor (if any).
DriveWealth, LLC (the “ Custodian”) will be acting as custodian of interests and hold brokerage accounts for interest holders in connection with the Company’s offerings and will be entitled to a Custody Fee (as described in “Offering Summary” – “Use of Proceeds”) and described in greater detail under “Plan of Distribution and Subscription Procedure – Custodian” and “– Fees and Expenses” for additional information.
Dalmore Group, LLC (the “ BOR”) will be acting as a broker of record and entitled to a Brokerage Fee (as described in “Offering Summary”– “Use of Proceeds”) and described in greater detail under “Plan of Distribution and Subscription Procedure – Broker” and “– Fees and Expenses” for additional information.
If timely payment for Shares (as detailed under Sub-section 10.1 "Subscription Procedure") is not made (or a completed Subscription Form is not received for an initial subscription), the relevant issue of Shares may be cancelled, and a subscriber may be required to compensate the Company for any loss incurred in relation to such cancellation.
See “ Use of Proceeds” and “Plan of Distribution and Subscription Procedure – Fees and Expenses” sections for further details.Manager:RealyInvest, LLC, a Florida limited liability company, will be the Manager of the Company and of each Series.
Investors may subscribe for Units, which subscriptions will be processed at the applicable Series Net Asset Value on each applicable Valuation Day, as more fully described below under Item 6.3 — Subscription Procedure.
Shareholders in AUD denominated Share Classes (where available) should refer to “Summary of Subscription Procedure and Payment Instructions” for additional information regarding dealing at the end of the Australian tax year.