USD Units definition
Examples of USD Units in a sentence
Once total Underwriting Compensation paid on any Class A (USD) Unit, Class B (USD) Unit, Class C (USD) Unit, Class D (USD) Unit, Class A (GLD) Unit or Class B (GLD) Unit reaches 10% of the gross offering proceeds, the Class A (USD) Unit, Class B (USD) Unit, Class C (USD) Unit or Class D (USD) Unit will automatically be re-designated as Class E (USD) Units, and the Class A (GLD) Unit or Class B (GLD) Unit will automatically be re-designated as Class C (GLD) Units.
Each Class of Units (excluding Class E (USD) Units and Class C (GLD) Units) shall be specifically allocated its pro rata Share of the Offering Costs.
Net assets for these purposes means the total value of all assets attributable to the Class A (USD), Class B (USD), Class C (USD), Class D (USD), and Class E (USD) Units, less an amount equal to all accrued debts, liabilities and obligations attributable to such Class A (USD), Class B (USD), Class C (USD), Class D (USD), and Class E (USD) Units.
Each Class of Units (excluding Class E (USD) Units) is specifically allocated its pro rata share of all such costs.
In consideration of the Selling Agent soliciting and obtaining purchasers of the Units, C▇▇▇▇▇▇▇ Global Trend Fund, L.P. (“C▇▇▇▇▇▇▇ Global Trend Fund”) shall pay the Selling Agent a selling commission of 2% of the subscription amount of any subscriptions for Class A (USD) and Class B (USD) Units accepted by the Fund, subject to the possibility of a payment of additional selling commissions as described below.