Trust Offering definition
Examples of Trust Offering in a sentence
The Trust may hold Closings of the Trust Offering prior to this requirement being met and there is no guarantee that this requirement will be met.
The Trust shall submit to Advisor for its review and approval (i) any proposed names of a Trust Offering; and (ii) all advertisements, brochures and promotional and any other similar informational materials (including documents required to be filed with governmental or regulatory agencies) that in any way use or refer to IndexIQ, Advisor, a Licensed Index or a Licensed M▇▇▇ (the “Informational Materials”).
Subject to the requirements set forth herein, Advisor hereby grants to the Trust a non-exclusive license during the term of this Agreement to promote and market the Licensed Index within the Territory, and in accordance with the terms of this Agreement, solely in connection with a Trust Offering.
Subject to the requirements set forth herein, Advisor hereby grants to the Trust a non-exclusive license during the term of this Agreement to use a Licensed Index or Licensed M▇▇▇ within the Territory, and in accordance with the terms of this Agreement, solely in connection with a Trust Offering.
Trust Offering The private placement of Trust Units by the Trust under this Offering Memorandum.
The Trust shall submit to Advisor for its review and approval (i) any proposed names of a Trust Offering; and (ii) all advertisements, brochures and promotional and any other similar informational materials (including documents required to be filed with governmental or regulatory agencies) that in any way use or refer to IndexIQ, Advisor or the Licensed Index (the “Informational Materials”).
Upon each Closing under the Trust Offering, the Trust will use the entire proceeds raised from the issuance of Trust Units to acquire Partnership Units.
The Distributor shall comply with the Declaration of Trust, Offering Memorandum, and with securities laws, regulations and policy statements of securities administrators insofar as such relate to its position as a principal distributor of the Units or to its obligations under this Agreement.
Subject to the requirements set forth herein, the Index Provider hereby grants to the Trust a non-exclusive license during the term of this Agreement to use a Licensed Index or Licensed Mark within the Territory, and in accordance with the terms of this Agreement, solely in connection with a Trust Offering.
Tangible Net Worth not at any time less than $105,000,000.00, with "Tangible Net Worth" defined as the aggregate of total stockholders' equity plus subordinated debt (including the Preferred Trust Offering, as such term is defined in Section 5.3 herein) less any intangible assets.