Common use of Settlement of Placement Shares Clause in Contracts

Settlement of Placement Shares. Unless otherwise specified in the applicable Placement Notice, settlement for sales of Placement Shares will occur on the third (3rd) Business Day (or such earlier day as is industry practice for regular-way trading) following the date on which such sales are made (each, a “Settlement Date”). The amount of proceeds to be delivered to the Fund on a Settlement Date against the receipt of the Placement Shares sold (the “Net Proceeds”) will be equal to the aggregate sales price at which such Placement Shares were sold, after deduction for (i) Xxxxx’x commission, discount or other compensation for such sales payable by the Fund pursuant to Section 2 hereof, (ii) any other amounts due and payable by the Fund to Xxxxx hereunder pursuant to Section 7(e) hereof, and (iii) any transaction fees imposed by any governmental or self-regulatory organization in respect of such sales.

Settlement of Placement Shares. Unless otherwise specified in the applicable Placement Notice, settlement for sales of Placement Shares will occur on the third (3rd) Business Trading Day (or such earlier day as is industry practice for regular-way trading) following the date on which such sales are made (each, a “Settlement Date” and the first such settlement date, the “First Delivery Date”). The amount of proceeds to be delivered to the Fund Company on a Settlement Date against the receipt of the Placement Shares sold (the “Net Proceeds”) will be equal to the aggregate sales price received by Cowen at which such Placement Shares were sold, after deduction for (i) Xxxxx’x commission, discount or other compensation for such sales payable by the Fund Company pursuant to Section 2 hereof, hereof and (ii) any other amounts due and payable by the Fund to Xxxxx hereunder pursuant to Section 7(e) hereof, and (iii) any transaction fees imposed by any governmental or self-regulatory organization in respect of such sales.

Settlement of Placement Shares. Unless otherwise specified in the applicable Placement Notice, settlement for sales of Placement Shares will occur on the third (3rd) Business Day (or such earlier day as is industry practice for regular-way trading) following the date on which such sales are made (each, a “Settlement Date”). The amount of proceeds to be delivered to the Fund on a Settlement Date against the receipt of the Placement Shares sold (the “Net Proceeds”) will be equal to the aggregate sales price at which such Placement Shares were sold, after deduction for (i) Xxxxx’x commission, discount or other compensation for such sales payable by the Fund pursuant to Section 2 hereof, (ii) any other amounts due and payable by the Fund to Xxxxx hereunder pursuant to Section 7(e) hereof, including any Reimbursable Amounts, and (iii) any transaction fees imposed by any governmental or self-regulatory organization in respect of such sales.

Settlement of Placement Shares. Unless otherwise specified in the applicable Placement Notice, settlement for sales of Placement Shares will occur on the third (3rd) Business Trading Day (or such earlier day as is industry practice for regular-way trading) following the date on which such sales are made (each, a “Settlement Date”). The amount of proceeds to be delivered to the Fund Company on a Settlement Date against the receipt of the Placement Shares sold (the “Net Proceeds”) will be equal to the aggregate sales price received by Manager at which such Placement Shares were sold, after deduction for (i) Xxxxx’x Manager’s commission, discount or other compensation for such sales payable by the Fund Company pursuant to Section 2 hereof, (ii) any other amounts due and payable by the Fund Company to Xxxxx Manager hereunder pursuant to Section 7(e7(h) hereof, and (iii) any transaction fees imposed by any governmental or self-regulatory organization in respect of such sales.

Settlement of Placement Shares. Unless otherwise specified in the applicable Placement Notice, settlement for sales of Placement Shares will occur on the third (3rd) Business Day (or such earlier day as is industry practice for regular-way trading) following the date on which such sales are made (each, a “Settlement Date”). The amount of proceeds to be delivered to the Fund on a Settlement Date against the receipt of the Placement Shares sold (the “Net Proceeds”) will be equal to the aggregate sales price at which such Placement Shares were sold, after deduction for (i) Xxxxx’x commission, discount or other compensation for such sales payable by the Fund pursuant to Section 2 hereof, hereof and (ii) any other amounts due and payable by the Fund to Xxxxx hereunder pursuant to Section 7(e) hereof, and (iii) any transaction fees imposed by any governmental or self-regulatory organization in respect of such sales.

Settlement of Placement Shares. Unless otherwise specified in the applicable Placement Notice, settlement for sales of Placement Shares will occur on the third (3rd) Business Trading Day (or such earlier day as is industry practice for regular-way trading) following the date on which such sales are made (each, a “Settlement Date”). The amount of proceeds to be delivered to the Fund Company on a Settlement Date against the receipt of the Placement Shares sold (the “Net Proceeds”) will be equal to the aggregate sales price received by BMO at which such Placement Shares were sold, after deduction for less (i) Xxxxx’x BMO’s commission, discount or other compensation for such sales payable by the Fund Company pursuant to Section 2 hereof, (ii) any other amounts due and payable by the Fund Company to Xxxxx BMO hereunder pursuant to Section 7(e7(h) (Expenses) hereof, and (iii) any transaction fees imposed by any governmental or self-regulatory organization in respect of such sales.

Settlement of Placement Shares. Unless otherwise specified in the applicable Placement Notice, settlement for sales of Placement Shares will occur on the third second (3rd2nd) Business Trading Day (or such earlier day as is industry practice for regular-way trading) following the date on which such sales are made (each, a “Settlement Date”). The amount of proceeds to be delivered to the Fund Company on a Settlement Date against the receipt of the Placement Shares sold (the “Net Proceeds”) will be equal to the aggregate sales price at which such received by the Agent for the Placement Shares were soldShares, after deduction for (i) Xxxxx’x the Agent’s commission, discount or other compensation for such sales payable by the Fund Company pursuant to Section 2 hereof, (ii) any other amounts due and payable by the Fund Company to Xxxxx the Agent hereunder pursuant to Section 7(e) hereof, 9 hereof and (iii) any transaction fees imposed by any governmental or self-regulatory organization in respect of such sales.

Settlement of Placement Shares. Unless otherwise specified in the applicable Placement Notice, settlement for sales of Placement Shares will occur on the third (3rd) Business Trading Day (or such earlier day as is industry practice for regular-way trading) following the date on which such sales are made (each, a “Settlement Date”). The amount of proceeds to be delivered to the Fund Company on a Settlement Date against the receipt of the Placement Shares sold (the “Net Proceeds”) will be equal to the aggregate sales price at which such Placement Shares were soldreceived by Xxxxxxxxxx, after deduction for (i) Xxxxx’x Xxxxxxxxxx’x commission, discount or other compensation for such sales payable by the Fund Company pursuant to Section 2 hereof, and (ii) any other amounts due and payable by the Fund to Xxxxx hereunder pursuant to Section 7(e) hereof, and (iii) any reasonably documented transaction fees imposed by any clearing firm, governmental or self-regulatory organization in respect of such sales.

Settlement of Placement Shares. Unless otherwise specified in the applicable Placement Notice, settlement for sales of Placement Shares will occur on the third (3rd) Business Trading Day (or such earlier day as is industry practice for regular-way trading) following the date on which such sales are made (each, a “Settlement Date”). The amount of proceeds to be delivered to the Fund Company on a Settlement Date against the receipt of the Placement Shares sold (the “Net Proceeds”) will be equal to the aggregate sales price received by RBC at which such Placement Shares were sold, after deduction for (i) Xxxxx’x RBC’s commission, discount or other compensation for such sales payable by the Fund Company pursuant to Section 2 hereof, (ii) any other amounts due and payable by the Fund Company to Xxxxx RBC hereunder pursuant to Section 7(e7(g) hereof, and (iii) any transaction fees imposed by any governmental or self-regulatory organization in respect of such sales.

Settlement of Placement Shares. Unless otherwise specified in the applicable Placement Notice, settlement for sales of Placement Shares will occur on the third (3rd) Business Day (or such earlier day as is industry practice for regular-way trading) following the date on which such sales are made (each, a “"Settlement Date”"). The amount of proceeds to be delivered to the Fund on a Settlement Date against the receipt of the Placement Shares sold (the “"Net Proceeds”") will be equal to the aggregate sales price at which such Placement Shares were sold, after deduction for (i) Xxxxx’x commission, discount or other compensation for such sales payable by the Fund pursuant to Section 2 hereof, (ii) any other amounts due and payable by the Fund to Xxxxx hereunder pursuant to Section 7(e) hereof, and (iii) any transaction fees imposed by any governmental or self-regulatory organization in respect of such sales.

Settlement of Placement Shares. Unless otherwise specified in the applicable Placement Notice, settlement for sales of Placement Shares will occur on the third (3rd) Business Day (or such earlier day as is industry practice for regular-way trading) following the date on which such sales are made (each, a “Settlement Date”"SETTLEMENT DATE"). The amount of proceeds to be delivered to the Fund on a Settlement Date against the receipt of the Placement Shares sold (the “Net Proceeds”"NET PROCEEDS") will be equal to the aggregate sales price at which such Placement Shares were sold, after deduction for (i) Xxxxx’x Xxxxx'x commission, discount or other compensation for such sales payable by the Fund pursuant to Section 2 hereof, hereof (or as otherwise agreed to in writing as set forth in the Placement Notice) and (ii) any other amounts due and payable by the Fund to Xxxxx hereunder pursuant to Section 7(e) hereof, and (iii) any transaction fees imposed by any governmental or self-regulatory organization in respect of such sales.

Settlement of Placement Shares. Unless otherwise specified in the applicable Placement Notice, settlement for sales of Placement Shares will occur on the third (3rd) Business Day (or such earlier day as is industry practice for regular-way trading) following the date on which such sales are made (each, each a “Settlement Date”). The amount of proceeds to be delivered to the Fund on a Settlement Date against the receipt of the Placement Shares sold (the “Net Proceeds”) will be equal to the aggregate sales price at which such Placement Shares were sold, after deduction for (i) Xxxxx’x commission, discount the commission or other compensation for such sales payable by the Fund to [ ], as the case may be, as set forth in the respective Placement Notice pursuant to Section 2 or Section 3 hereof, as the case may be, (ii) any other amounts due and payable by the Fund to Xxxxx [ ] hereunder pursuant to Section 7(e7(h) hereof, and (iii) any transaction fees imposed by any governmental or self-regulatory organization in respect of such sales.

Settlement of Placement Shares. Unless otherwise specified in the applicable Placement Notice, settlement for sales of Placement Shares will occur on the third (3rd) Business Trading Day (or such earlier day as is industry practice for regular-way trading) following the date on which such sales are made (each, a “Settlement Date”). The amount of proceeds to be delivered to the Fund Company on a Settlement Date against the receipt of the Placement Shares sold (the “Net Proceeds”) will be equal to the aggregate sales price at which such Placement Shares were soldreceived by Xxxxxxx Xxxxxxx, after deduction for (i) Xxxxx’x Xxxxxxx Xxxxxxx’x commission, discount or other compensation for such sales payable by the Fund Company pursuant to Section 2 hereof, and (ii) any other amounts due and payable by the Fund to Xxxxx hereunder pursuant to Section 7(e) hereof, and (iii) any transaction fees imposed by any governmental or self-regulatory organization in respect of such sales.

Settlement of Placement Shares. Unless otherwise specified in the applicable Placement Notice, settlement for sales of Placement Shares will occur on the third (3rd) Business Trading Day (or such earlier day as is industry practice for regular-way trading) following the date on which such sales are made (each, a “Settlement Date”). The amount of proceeds to be delivered to the Fund Company on a Settlement Date against the receipt of the Placement Shares sold (the “Net Proceeds”) will be equal to the aggregate sales price at which such Placement Shares were sold, after deduction for (i) Xxxxx’x commission, discount or other compensation BTIG’s commission for such sales payable by the Fund Company pursuant to Section 2 hereof, (ii) any other amounts due and payable by the Fund Company to Xxxxx BTIG hereunder pursuant to Section 7(e7(g) hereof, (Expenses) hereof and (iii) any transaction fees imposed by any governmental or self-regulatory organization in respect of such sales.

Settlement of Placement Shares. Unless otherwise specified in the applicable Placement Noticeherein, settlement for sales of Placement Shares will occur on the third (3rd) Business Day (or such earlier day as is industry practice for regular-way trading) following the date on which such sales are made (each, each a “"Settlement Date”"). The amount of proceeds to be delivered to the Fund Company on a Settlement Date against the receipt of the Placement Shares sold (the “"Net Proceeds”") will be equal to the aggregate sales price at which such Placement Shares were sold, after deduction for (i) Xxxxx’x Stifel's commission, discount discount, or other compensation for such sales payable by the Fund Company pursuant to Section 2 hereofof the Agreement, (ii) any other amounts due and payable by the Fund Company to Xxxxx hereunder Stifel pursuant to Section 7(e7(h) hereofof the Agreement, and (iii) any transaction fees imposed by any governmental or self-regulatory organization in respect of such sales.

Settlement of Placement Shares. Unless otherwise specified in the applicable Placement Notice, settlement for sales of Placement Shares will occur on the third (3rd) Business Trading Day (or such earlier day as is industry practice for regular-way trading) following the date on which such sales are made (each, a “"Settlement Date”"). The amount of proceeds to be delivered to the Fund Company on a Settlement Date against the receipt of the Placement Shares sold (the “"Net Proceeds”") will be equal to the aggregate sales price received by Baird at which such Placement Shares were sold, after deduction for (i) Xxxxx’x Xxxxx'x commission, discount or other compensation for such sales payable by the Fund Company pursuant to Section 2 hereof, (ii) any other amounts due and payable by the Fund Company to Xxxxx Baird hereunder pursuant to Section 7(e7(h) (Expenses) hereof, and (iii) any transaction fees imposed by any governmental or self-regulatory organization in respect of such sales.

Settlement of Placement Shares. Unless otherwise specified in the applicable Placement Notice, settlement for sales of Placement Shares will occur on the third (3rd) Business Day (or such earlier day as is industry practice for regular-way trading) following the date on which such sales are made (each, a “Settlement Date”). The amount of proceeds to be delivered to the Fund on a Settlement Date against the receipt of the Placement Shares sold (the “Net Proceeds”) will be equal to the aggregate sales price at which such Placement Shares were sold, after deduction for (i) Xxxxx’x Xxxxx’ commission, discount or other compensation for such sales payable by the Fund pursuant to Section 2 hereofhereof (or as otherwise agreed to in writing as set forth in the Placement Notice), (ii) any other amounts Reimbursable Amounts, due and payable by the Fund to Xxxxx hereunder pursuant to Section 7(e) hereof, and (iii) any transaction fees imposed by any governmental or self-regulatory organization in respect of such sales.

Settlement of Placement Shares. Unless otherwise specified in the applicable Placement Notice, settlement for sales of Placement Shares will occur on the third (3rd) Business Trading Day (or such earlier day as is industry practice for regular-way trading) following the date on which such sales are made (each, a “Settlement Date”). The amount of proceeds to be delivered to the Fund Company on a Settlement Date against the receipt of the Placement Shares sold (the “Net Proceeds”) will be equal to the aggregate sales price received by Cowen at which such Placement Shares were sold, after deduction for (i) Xxxxx’x commission, discount or other compensation for such sales payable by the Fund Company pursuant to Section 2 hereof, and (ii) any other amounts due and payable by the Fund to Xxxxx hereunder pursuant to Section 7(e) hereof, and (iii) any transaction fees imposed by any governmental or self-regulatory organization in respect of such sales.

Settlement of Placement Shares. Unless otherwise specified in the applicable Placement Notice, settlement for sales of Placement Shares will occur on the third (3rd) Business Day (or such earlier other day as is industry practice for regular-way trading) following the date on which such sales are made (each, a “Settlement Date”"SETTLEMENT DATE"). The amount of proceeds to be delivered to the Fund Company on a Settlement Date against the receipt of the Placement Shares sold (the “Net Proceeds”"NET PROCEEDS") will be equal to the aggregate sales price at which such Placement Shares were sold, after deduction for (i) Xxxxx’x Stifel's commission, discount or other compensation for such sales payable by the Fund Company pursuant to Section 2 hereof, (ii) any other amounts due and payable by the Fund Company to Xxxxx Stifel hereunder pursuant to Section 7(e7(g) hereof, and (iii) any transaction fees imposed by any governmental or self-regulatory organization in respect of such sales.