Costs and Expenses Allocated to the Company. Except as otherwise expressly provided for in Section 4.2, during the term of this Agreement the Company will bear (and to the extent paid by the Adviser will reimburse the Adviser for) the costs and expenses of the Company’s business, operations, and investments, which include the following: (a) administration fees and expenses payable under the Administration Agreement; (b) brokerage and commission expense and other transaction costs incident to the acquisition and dispositions of investments; (c) federal, state, and local taxes and fees, including transfer taxes and filing fees, incurred by or levied upon the Company; (d) interest charges and other fees in connection with borrowings by the Company; (e) fees and expenses payable to the SEC and any fees and expenses of state securities regulatory authorities; (f) expenses of preparing, printing, filing, and distributing reports and notices to stockholders and regulatory bodies including the SEC; (g) costs of proxy solicitation and meetings of stockholders and the Board; (h) charges and expenses of the Company’s custodian, administrator, and transfer and dividend disbursing agent; (i) compensation and expenses of the Company’s directors who are not interested persons of the Company or the Adviser (“Independent Directors”), and of any of the Company’s officers who are not interested persons of the Adviser; expenses of all directors in attending meetings of the Board or stockholders; (j) legal and auditing fees and expenses, including expenses incident to the documentation for, and consummation of, transactions; (k) costs of certificates representing the shares of the Company’s common stock; (l) the costs of membership by the Company or its directors or executive officers in any trade organizations; (m) any insurance premiums (including fidelity bond and directors and officers errors and omission liability insurance premiums); (n) expenses of offering the Company’s common stock and other securities including registering securities under federal and state securities laws; and (o) subject to Board approval: (i) reasonable expenses with respect to the investigation, acquisition and disposition of investments; (ii) reasonable fees payable to third parties, including agents or consultants in monitoring financial and legal affairs of the Company and the Company’s investments; (iii) reasonable expenses associated with litigation and other extraordinary or non-recurring expenses; and (iv) other reasonable costs and expenses directly allocable and identifiable to the Company or its business or investments.
Appears in 1 contract
Costs and Expenses Allocated to the Company. Except as otherwise expressly provided for in Section 4.2, during the term of this Agreement the Company will bear (and to the extent paid by the Adviser will reimburse the Adviser for) the all of costs and expenses of the Company’s business, operations, and investmentsinvestments including, which include but not limited to, the following:
(a) administration fees accounting, legal, printing, clerical, filing, and other expenses payable under incurred in connection with the Administration Agreementorganization of the Company and the initial offering of its shares of its common stock (the “Offering”);
(b) expenses with respect to acquisition and disposition of investments, including all costs and fees incident to the identification, selection, and investigation of prospective Company investments, including associated due diligence expenses such as travel expenses and professional fees:
(c) brokerage and commission expense and other transaction costs incident to the acquisition and dispositions of investments;
(cd) federal, state, and local taxes and fees, including transfer taxes and filing fees, incurred by or levied upon the Company;
(de) interest charges and other fees in connection with borrowings by the Company;
(ef) fees and expenses payable to the SEC and any fees and expenses of state securities regulatory authorities;
(fg) expenses of preparing, printing, filing, and distributing reports and notices to stockholders and regulatory bodies including the SEC;
(gh) costs of proxy solicitation and meetings of stockholders and the Board;
(hi) administration fees payable under the Administration Agreement between the Company and NGP Administration LLC (the “Administrator”) dated , 2004 (the “Administration Agreement”);
(j) charges and expenses of the Company’s custodian, administrator, and transfer and dividend disbursing agent;
(ik) compensation and expenses of the Company’s directors who are not interested persons of the Company or the Adviser (“Independent Directors”)Adviser, and of any of the Company’s officers who are not interested persons of the Adviser; expenses of all directors in attending meetings of the Board or stockholders;
(jl) legal and auditing fees and expenses, including expenses incident to the documentation for, and consummation of, transactions;
(km) costs of certificates representing the shares of the Company’s common stock;
(ln) direct costs and expenses of administration, including printing, mailing, long distance telephone, copying, secretarial and other staff, stationery, supplies, and all other expenses incurred by the Company or the Administrator in connection with administering the Company’s business, such as the Company’s allocable portion of overhead under the Administration Agreement;
(o) the costs of membership by the Company or its directors or executive officers in any trade organizations;
(mp) expenses associated with litigation and other extraordinary or non-recurring expenses;
(q) any insurance premiums (including fidelity bond and directors and officers errors and omission liability insurance premiums);
(nr) expenses of offering the Company’s common stock and other securities including registering securities under federal and state securities laws; and;
(os) subject to Board approval:
costs of calculating the Company’s net asset value including the costs of third party evaluations or appraisals of the Company (ior its assets) reasonable expenses with respect to the investigation, acquisition and disposition of or its investments;
(iit) reasonable the costs of providing significant managerial assistance offered to and accepted by the recipient of Company investments;
(u) fees payable to third parties, including agents or consultants in monitoring financial and legal affairs of the Company and the Company’s investments;
(iii) reasonable expenses associated with litigation and other extraordinary or non-recurring expenses; and
(ivv) other reasonable costs and expenses directly allocable and identifiable to the Company or its business or investments.
Appears in 1 contract
Samples: Investment Advisory Agreement (NGP Capital Resources CO)
Costs and Expenses Allocated to the Company. Except as otherwise expressly provided for in Section 4.2, during the term of this Agreement the Company will bear (and to the extent paid by the Adviser will reimburse the Adviser for) the all of costs and expenses of the Company’s business, operations, and investmentsinvestments including, which include but not limited to, the following:
(a) administration fees accounting, legal, printing, clerical, filing, and other expenses payable under incurred in connection with the Administration Agreementorganization of the Company and the initial offering of its shares of its common stock (the “Offering”);
(b) expenses with respect to acquisition and disposition of investments, including all costs and fees incident to the identification, selection, and investigation of prospective Company investments, including associated due diligence expenses such as travel expenses and professional fees:
(c) brokerage and commission expense and other transaction costs incident to the acquisition and dispositions of investments;
(cd) federal, state, and local taxes and fees, including transfer taxes and filing fees, incurred by or levied upon the Company;
(de) interest charges and other fees in connection with borrowings by the Company;
(ef) fees and expenses payable to the SEC and any fees and expenses of state securities regulatory authorities;
(fg) expenses of preparing, printing, filing, and distributing reports and notices to stockholders and regulatory bodies including the SEC;
(gh) costs of proxy solicitation and meetings of stockholders and the Board;
(hi) administration fees payable under the Administration Agreement between the Company and NGP Administration LLC (the “Administrator”) dated November 9 , 2004 (the “Administration Agreement”);
(j) charges and expenses of the Company’s custodian, administrator, and transfer and dividend disbursing agent;
(ik) compensation and expenses of the Company’s directors who are not interested persons of the Company or the Adviser (“Independent Directors”)Adviser, and of any of the Company’s officers who are not interested persons of the Adviser; expenses of all directors in attending meetings of the Board or stockholders;
(jl) legal and auditing fees and expenses, including expenses incident to the documentation for, and consummation of, transactions;
(km) costs of certificates representing the shares of the Company’s common stock;
(ln) direct costs and expenses of administration, including printing, mailing, long distance telephone, copying, secretarial and other staff, stationery, supplies, and all other expenses incurred by the Company or the Administrator in connection with administering the Company’s business, such as the Company’s allocable portion of overhead under the Administration Agreement;
(o) the costs of membership by the Company or its directors or executive officers in any trade organizations;
(mp) expenses associated with litigation and other extraordinary or non-recurring expenses;
(q) any insurance premiums (including fidelity bond and directors and officers errors and omission liability insurance premiums);
(nr) expenses of offering the Company’s common stock and other securities including registering securities under federal and state securities laws; and;
(os) subject to Board approval:
costs of calculating the Company’s net asset value including the costs of third party evaluations or appraisals of the Company (ior its assets) reasonable expenses with respect to the investigation, acquisition and disposition of or its investments;
(iit) reasonable the costs of providing significant managerial assistance offered to and accepted by the recipient of Company investments;
(u) fees payable to third parties, including agents or consultants in monitoring financial and legal affairs of the Company and the Company’s investments;
(iii) reasonable expenses associated with litigation and other extraordinary or non-recurring expenses; and
(ivv) other reasonable costs and expenses directly allocable and identifiable to the Company or its business or investments.
Appears in 1 contract
Samples: Investment Advisory Agreement (NGP Capital Resources CO)
Costs and Expenses Allocated to the Company. Except as otherwise expressly provided for in Section 4.2, during the term of this Agreement the Company will bear (and to the extent paid by the Adviser will reimburse the Adviser for) the all of costs and expenses of the Company’s business, operations, and investmentsinvestments including, which include but not limited to, the following:
(a) administration fees accounting, legal, printing, clerical, filing, and other expenses payable under incurred in connection with the Administration Agreementorganization of the Company and the initial offering of its shares of its common stock (the “Offering”);
(b) expenses with respect to acquisition and disposition of investments, including all costs and fees incident to the identification, selection, and investigation of prospective Company investments, including associated due diligence expenses such as travel expenses and professional fees:
(c) brokerage and commission expense and other transaction costs incident to the acquisition and dispositions of investments;
(cd) federal, state, and local taxes and fees, including transfer taxes and filing fees, incurred by or levied upon the Company;
(de) interest charges and other fees in connection with borrowings by the Company;
(ef) fees and expenses payable to the SEC and any fees and expenses of state securities regulatory authorities;
(fg) expenses of preparing, printing, filing, and distributing reports and notices to stockholders and regulatory bodies including the SEC;
(gh) costs of proxy solicitation and meetings of stockholders and the Board;
(hi) administration fees payable under the Administration Agreement between the Company and NGP Administration LLC (the “Administrator”) dated July , 2004 (the “Administration Agreement”);
(j) charges and expenses of the Company’s custodian, administrator, and transfer and dividend disbursing agent;
(ik) compensation and expenses of the Company’s directors who are not interested persons of the Company or the Adviser (“Independent Directors”)Adviser, and of any of the Company’s officers who are not interested persons of the Adviser; expenses of all directors in attending meetings of the Board or stockholders;
(jl) legal and auditing fees and expenses, including expenses incident to the documentation for, and consummation of, transactions;
(km) costs of certificates representing the shares of the Company’s common stock;
(ln) direct costs and expenses of administration, including printing, mailing, long distance telephone, copying, secretarial and other staff, stationery, supplies, and all other expenses incurred by the Company or the Administrator in connection with administering the Company’s business, such as the Company’s allocable portion of overhead under the Administration Agreement;
(o) the costs of membership by the Company or its directors or executive officers in any trade organizations;
(mp) expenses associated with litigation and other extraordinary or non-recurring expenses;
(q) any insurance premiums (including fidelity bond and directors and officers errors and omission liability insurance premiums);
(nr) expenses of offering the Company’s common stock and other securities including registering securities under federal and state securities laws; and;
(os) subject to Board approval:
costs of calculating the Company’s net asset value including the costs of third party evaluations or appraisals of the Company (ior its assets) reasonable expenses with respect to the investigation, acquisition and disposition of or its investments;
(iit) reasonable the costs of providing significant managerial assistance offered to and accepted by the recipient of Company investments;
(u) fees payable to third parties, including agents consultants, or consultants other advisors in monitoring financial and legal affairs of the Company and the Company’s investments;
(iii) reasonable expenses associated with litigation and other extraordinary or non-recurring expenses; and
(ivv) other reasonable costs and expenses directly allocable and identifiable to the Company or its business or investments.
Appears in 1 contract
Samples: Investment Advisory Agreement (NGP Capital Resources CO)
