Upfront Sales Load definition

Upfront Sales Load means any upfront selling commission, dealer manager fee or other similar placement fees paid to the Trust or the Trust’s dealer manager with respect to the Trust’s Class D Shares, Class I Shares or Class S Shares.
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Upfront Sales Load shall have the meaning set forth in the Declaration of Trust.
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Examples of Upfront Sales Load in a sentence

  • See “Plan of Distribution” for a description of the circumstances under which an Upfront Sales Load may be reduced or eliminated in connection with certain purchases.

  • Upfront Sales Load will not be paid in connection with the purchase of shares pursuant to the distribution reinvestment plan.

  • The maximum Distribution Fee of 4.5% is therefore equal to the reduction in the Upfront Sales Load.

  • The proposed change would reduce the selling commissions and dealer manager fees from 6.0% and 3.0% to 3.0% and 1.5%, respectively, of gross offering proceeds or an aggregate reduction in Upfront Sales Load of 4.5%.

  • No Upfront Sales Load will be paid to the Company or Dealer Manager with respect to Class S shares, Class D shares and Class I shares.

  • The Board, including the Non- Interested Directors, has determined that it is in the best interests of the Common Shareholders to amend the Dealer Manager Agreement (the ‘‘Dealer Manager Agreement Amendment’’) solely to change the Underwriting Compensation terms to reduce the Upfront Sales Load and implement an asset-based, ongoing distribution fee (a ‘‘Distribution Fee’’).

  • The Board, including the Non-Interested Directors, has determined that it is in the best interests of the Common Shareholders to amend the Dealer Manager Agreement (the “Dealer Manager Agreement Amendment”) solely to change the Underwriting Compensation terms to reduce the Upfront Sales Load and implement an asset-based, ongoing distribution fee (a “Distribution Fee”).

Related to Upfront Sales Load

  • Milestone Payment has the meaning set forth in Section 4.2.

  • Xxxxx Fargo means Xxxxx Fargo Bank, National Association, a national banking association.

  • Sublicense Revenue means any payments or other consideration that TGTX actually receives from a Sublicensee as consideration for the grant of a Sublicense, including, without limitation, milestone payments, license fees, license maintenance fees and equity. Sublicense Revenue excludes (i) purchases of equity or debt of TGTX, (ii) payments made for TGTX’s performance of any research, Development, or Commercialization of any Licensed Product, (iii) (b) royalties on Net Sales (or, in the case of a profit sharing deal structure, shares of net profits) which are covered in Section 5.9, and (iv) any payment or reimbursement of any costs or expenses incurred by TGTX for filing, prosecution, maintenance, or defense of any DFCI Patents or CTI Patents. In the event such consideration received from a Sublicensee is not cash, Sublicense Revenue shall be calculated by TGTX based on the fair market value of such consideration, at the time of the transaction, assuming an arm’s length transaction made in the ordinary course of business.

  • EXXXX means the Commission’s Electronic Data Gathering, Analysis and Retrieval System.

  • Milestone means an event or task described in the Implementation Plan which must be completed by the corresponding date set out in such plan;

  • Net Sales means [***].

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Royalty Fee “Royalty Fee” means a royalty fee in the amount of $0.00 of Actual Production payable by BC Hydro to the Province for each year of the Term in accordance with Article 6 of the Master Agreement.