Gross Subscription Proceeds definition

Gross Subscription Proceeds means the gross proceeds received by, or deemed to be contributed to, the Fund from (a) the Pre-Prospectus Contributions; (b) the issuance of Units pursuant to the Offering; and (c) the issuance of Class C Units pursuant to any concurrent private placements (other than concurrent private placements included in the Pre-Prospectus Contributions).
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Gross Subscription Proceeds means the gross proceeds received by the Trust for the issuance of Units;
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Gross Subscription Proceeds means the aggregate gross proceeds received by the Fund pursuant to the Offering;
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Examples of Gross Subscription Proceeds in a sentence

  • An annual pre-tax distribution yield of 3.0% to 4.0% on Gross Subscription Proceeds would represent an expected AFFO payout ratio in the first year of operations of approximately 58% to 78%, assuming the Minimum Offering is achieved and based on the applicable Agents’ Fee and costs of the Offering.

  • Offering expenses associated with the sale of Trust Units are estimated to be 2.5% of the Gross Subscription Proceeds received under this Offering (“ Offering Costs”).

  • The selling commissions and fees outlined in the table above are based on the assumption that 100% of the Gross Subscription Proceeds are raised through the sale of Class A Trust Units.

  • All reasonable efforts will be made to ensure that not more than 25% of the Gross Subscription Proceeds are contributed to any single investment.

  • The Manager will pay, without reimbursement, any offering expenses in excess of 2.5% of such Gross Subscription Proceeds.

  • Any Gross Subscription Proceeds raised that have not been deployed within twelve (12) months of Final Closing will be returned to investors on a pro-rata basis.

  • In the event the Gross Subscription Proceeds are greater than $42,000,000, the net proceeds from the Offering and any concurrent private placements will be in excess of the amount required to complete the purchase of the Initial Portfolio and, therefore, initially, not all of the net proceeds from the Offering and any concurrent private placements will be deployed by the Fund to directly or indirectly acquire interests in income-producing properties.

  • The Manager is responsible for ensuring that the Gross Subscription Proceeds are invested as described under "Use of Proceeds" and in accordance with the investment objectives and restrictions of the Trust.

  • The Manager will also pay an annual amount equal to 0.5% of the Gross Subscription Proceeds received for the Class F Units and the Class I Units to the holders of such Units (calculated and paid at the end of each calendar quarter commencing on December 31, 2012).Ongoing Expenses of the Trust:The Trust will pay for all ordinary expenses incurred in connection with its operation and administration.

  • The following guidelines should be used when arranging leaders, coaches, and camp staff.


More Definitions of Gross Subscription Proceeds

Gross Subscription Proceeds means the gross proceeds (in U.S. dollars) received by the Trust for the issuance of Class I Units and Class U Units plus the U.S. dollar equivalent of the gross proceeds received by the Trust for the issuance of Class A Units and Class F Units (calculated based on the U.S. dollar spot exchange rate available to the Trust on the Closing Date);
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Gross Subscription Proceeds means, collectively the gross proceeds received by the Fund from the issuance of the Units pursuant to the Offering and any concurrent private placements;
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Gross Subscription Proceeds. ’ means the gross proceeds (in U.S. dollars) received by the Fund from (i) the issuance of the Canadian Dollar Units pursuant to the Offering (calculated in U.S. dollars based on the Canadian dollar/U.S. dollar spot exchange rate available to the Fund on the Closing Date), and (ii) the issuance of Class U Units pursuant to the Offering;
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Gross Subscription Proceeds means the gross proceeds to the Trust from the sale of the Units offered hereby without any deduction;
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Gross Subscription Proceeds means the gross subscription proceeds received by the Trust in respect of the issuance of one or more series of Trust Units under this Offering, as applicable.
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Related to Gross Subscription Proceeds

  • Gross Proceeds means the aggregate purchase price of all Shares sold for the account of the Company through an Offering, without deduction for Organization and Offering Expenses.

  • Loss Proceeds means, collectively, all Insurance Proceeds and all Condemnation Proceeds.

  • Investment Proceeds means, with respect to any Determination Date, all interest and other investment earnings (net of losses and investment expenses) on funds on deposit in the Series 1996-1 Accounts, together with an amount equal to the Series 1996-1 Allocation Percentage of the interest and other investment earnings on funds held in the Collection Account credited as of such date to the Collection Account pursuant to Section 4.02 of the Agreement.

  • Sales Proceeds means, with respect to any Transaction Vehicle, an amount equal to the aggregate amount of proceeds received by the Servicer from the purchaser in connection with the sale or other disposition of such Transaction Vehicle, net of any and all out-of-pocket costs and expenses incurred by the Servicer in connection with such sale or other disposition, including without limitation, all repossession, auction, painting, repair and any and all other similar liquidation and refurbishment costs and expenses.

  • Net Proceeds means the aggregate cash proceeds received by the Company or any of its Restricted Subsidiaries in respect of any Asset Sale (including, without limitation, any cash received upon the sale or other disposition of any non-cash consideration received in any Asset Sale), net of the direct costs relating to such Asset Sale, including, without limitation, legal, accounting and investment banking fees, and sales commissions, and any relocation expenses incurred as a result of the Asset Sale, taxes paid or payable as a result of the Asset Sale, in each case, after taking into account any available tax credits or deductions and any tax sharing arrangements, and amounts required to be applied to the repayment of Indebtedness, other than Indebtedness under a Credit Facility, secured by a Lien on the asset or assets that were the subject of such Asset Sale and any reserve for adjustment in respect of the sale price of such asset or assets established in accordance with GAAP.

  • Net Loss Proceeds means the aggregate cash proceeds received by Xxxx Las Vegas or any of the Restricted Subsidiaries in respect of any Event of Loss, including, without limitation, insurance proceeds from condemnation awards or damages awarded by any judgment, net of:

  • Escrowed Proceeds shall include any interest earned on the amounts held in escrow.

  • Redemption Proceeds means any proceeds in any applicable currency from a redemption in respect of the Charged Assets in accordance with the terms and conditions of such Charged Assets.

  • Proceeds all “proceeds” as such term is defined in Section 9-102(a)(64) of the New York UCC and, in any event, shall include, without limitation, all dividends or other income from the Investment Property, collections thereon or distributions or payments with respect thereto.

  • Purchase Amount means the total amount being paid by the Investor on a particular Closing Date to purchase the Securities.

  • Purchase Price Bank Account means a bank account in the United States to be designated by the Sellers in a written notice to the Purchaser at least five Business Days before the Closing.