Offering Expenses definition

Offering Expenses means in respect of each Series, the following fees, costs and expenses allocable to such Series or such Series pro rata share (as determined by the Allocation Policy, if applicable) of any such fees, costs and expenses allocable to the Company incurred in connection with executing the Offering, consisting of underwriting, legal, accounting, escrow and compliance costs related to a specific offering. Officers means any president, vice president, secretary, treasurer or other officer of the Company or any Series as the Managing Member may designate (which shall, in each case, constitute managers within the meaning of the Delaware Act).
Offering Expenses means in respect of each Series, the following fees, costs and expenses allocable to such Series or such Series pro rata share (as determined by the Allocation Policy, if applicable) of any such fees, costs and expenses allocable to the Company incurred in connection with executing the Offering, consisting of underwriting, legal, accounting, escrow and compliance costs related to a specific offering.
Offering Expenses shall have the meaning assigned to it in Section 4.6(a).

Examples of Offering Expenses in a sentence

  • All Organization and Offering Expenses paid by the Adviser pursuant to this Section 11(a) shall be reimbursed by the Company to the Adviser in 52 equal monthly installments commencing December 1, 2024.

  • Any Brokerage Fee, Offering Expenses, Acquisition Expenses, Sourcing Fee and Operating Expenses shall be allocated by the Manager in accordance with the Allocation Policy.

  • After the Organization and Offering Expense Commencement Date, the Company will reimburse the Adviser for any Organization and Offering Expenses that the Adviser incurs on the Company’s behalf as and when incurred (or promptly thereafter).


More Definitions of Offering Expenses

Offering Expenses. Expenses paid or incurred in connection with the issuing and marketing of Company Units, including brokerage fees, finder’s fees, selling commissions, state (“Blue Sky”) filing fees, legal fees of the Issuer and/or the Managers for consultations relating to the requirements of the applicable federal, state and foreign securities laws and for tax advice pertaining to the adequacy of tax disclosures in the Offering Materials, accounting fees, if any, for preparation of financial projections to be included in the Offering Materials and printing/binding costs of such Offering Materials. Unlike other expenses, Offering Expenses may not typically be deducted currently or Amortized over a period of time (in contrast to Organizational Expenses).
Offering Expenses means all expenses incurred by, and to be paid from, the assets of the Company in connection with and in preparing the Company for registration and offering its Shares to the public, including, but not limited to, total underwriting and brokerage discounts and commissions (including fees and expenses of underwriters’ attorneys paid by the Company), expenses for printing, engraving, mailing, salaries of the Company’s employees while engaged in sales activity, charges of transfer agents, registrars, trustees, escrow holders, depositaries, experts, expenses of qualification of the sale of the securities under federal and state laws, including taxes and fees and accountants’ and attorneys’ fees and expenses.
Offering Expenses means any and all expenses (other than underwriters’ discounts) paid or to be paid by the Company in connection with an Offering, including, without limitation, the Company’s legal, accounting, printing, mailing and filing fees and other documented offering expenses.
Offering Expenses has the meaning set forth in Section 11.12.
Offering Expenses means the fees, commissions and expenses that the Company will pay from the proceeds of the sale of the Notes, as disclosed in the final prospectus relating to the offering of the Notes filed with the SEC pursuant to which the Notes are offered and sold on behalf of the Company.
Offering Expenses means in respect of each Series, the following fees, costs, and expenses allocable to such Series or such Series pro rata share (as determined by an allocation policy of the Company, if applicable) of any such fees, costs, and expenses allocable to the Company incurred in connection with executing the Offering, consisting of underwriting, legal, accounting, escrow, and compliance costs related to a specific offering, including any blue sky filings required in order for such Series to be made available to the Investors in certain states (unless borne by the Managing Member, as determined in its sole discretion). Additionally, unless otherwise included in Acquisition Costs stated in a Series Designation, the Offering Expenses include but are not limited to, fees and expenses incurred in the evaluation, discovery, and investigation of a Series Asset, including brokerage and sales fees and commissions (but excluding any Brokerage Fee), appraisal fees, research fees, transfer taxes, third party industry and due diligence experts, bank fees and interest (if the Series Asset was acquired using debt prior to completion of the Initial Offering), transportation costs including, travel and lodging for business purposes, marketing fees incurred in the promotion of the offering of a series, technology costs, photography, videography, and other expenses in order to prepare the profile for the Series Asset to be accessible to Investors via an online platform, and similar costs and expenses incurred in connection with the identification, evaluation, negotiation, investigation, and acquisition of a Series Asset.