Expenses Borne by the Company. The Company shall bear all other costs and expenses of its operations and transactions, including, without limitation, those relating to: (a) the Company’s organizational costs and offering costs incurred prior to the completion of its initial public offering; (b) calculating the Company’s net asset value (including the costs and expenses of any independent valuation firm or pricing service); (c) interest payable on debt, if any, incurred to finance the Company’s investments; (d) fees and expenses, including legal fees and expenses and travel expenses, incurred by the Adviser or payable to third parties in performing due diligence on prospective investments, monitoring the Company’s investments and, if necessary, enforcing the Company’s rights; (e) amounts payable to third parties relating to, or associated with, evaluating, making and disposing of investments; (f) brokerage fees and commissions; (g) federal and state registration fees; (h) exchange listing fees; (i) federal, state and local taxes; (j) costs of offerings or repurchases of the Company’s Equity Interests and other securities, as applicable; (k) the Base Management Fee and the Incentive Fee (as defined below); (l) distributions on the Company’s Equity Interests and other securities, as applicable; (m) administration fees payable to Panagram Capital Administrator, LLC (the “Administrator”) under the administration agreement dated November 29, 2021 (as amended or restated from time to time, the “Administration Agreement”); (n) transfer agent and custody fees and expenses; (o) independent director fees and expenses; (p) the costs of any reports, proxy statements or other notices to the Company’s securityholders, including printing costs; (q) costs of holding meetings of the Company’s securityholders; (r) litigation, indemnification and other non-recurring or extraordinary expenses; (s) fees and expenses associated with marketing and investor relations efforts; (t) dues, fees and charges of any trade association of which the Company is a member; (u) direct costs and expenses of administration and operation, including printing, mailing, telecommunications and staff, including fees payable in connection with outsourced administration functions; (v) fees and expenses associated with independent audits and outside legal costs; (w) the Company’s fidelity bond; (x) directors and officers/errors and omissions liability insurance, and any other insurance premiums; (y) costs associated with the Company’s ...
Expenses Borne by the Company. FUND PROSPECTUSES With respect to prospective Participants, the Company shall pay one half of the cost of setting in type, printing and distributing Fund Prospectuses made available by the Company as sales literature to such prospective Participants. With respect to prospective Participants, in the event the Company elects to prepare a Combined Prospectus, the Company shall pay one half of the cost of printing and distributing the Combined Prospectus made available by the Company to its prospective Participants as sales literature. In such event, the Company shall bear the cost of typesetting to provide the Fund Prospectus to the Company in the format in which the Fund is accustomed to formatting prospectuses. Notwithstanding the foregoing, in no event shall the Company pay for any such costs that exceed by more than five (5) percent what the Company would have paid to print such documents. FUND SAIs, FUND REPORTS AND PROXY MATERIAL. With respect to prospective Participants, the Company shall pay one half of the cost of setting in type and printing Fund SAIs, Fund Reports and Fund proxy material made available by the Company to its prospective Participants as sales literature. In the event the Company elects to prepare a Combined SAI or Combined Reports, the Company shall pay one half of the cost of printing the Combined SAI or Combined Reports, respectively, made available by the Company to its prospective Participants as sales literature. In such event, the Company shall bear the cost of typesetting to provide the Fund SAI and Fund Reports to the Company in the format in which the Fund is accustomed to formatting statements of additional information and annual and semi-annual reports. Notwithstanding the foregoing, in no event shall the Company pay for any such costs that exceed by more than five (5) percent what it would have paid to print such documents. The Company shall pay one half the cost of distributing Fund SAIs, Combined SAIs, Fund Reports, Combined Reports, and Fund proxy material to such prospective Participants as sales literature.
Expenses Borne by the Company. The Company or any subsidiary of the Company shall pay all of its expenses except those which are the specific responsibility of the Manager pursuant to this Agreement; and, without limiting the generality of the foregoing, it is specifically agreed that the following expenses of the Company or any subsidiary of the Company shall not be paid by the Manager:
(i) The cost of any borrowed money;
(ii) All taxes applicable to the Company or any subsidiary of the Company including interest and penalties thereon;
(iii) Legal, accounting and auditing fees and expenses relating to the Company's or any subsidiary's operations;
(iv) Expenses relating to any office or office facilities maintained by the Company or any subsidiary of the Company exclusive of the office of the Manager;
(v) Expenses connected with the ownership and disposition of the Company's or any subsidiary's assets, including, but not limited to, costs of foreclosure, maintenance, repair and improvement of property and premiums for insurance on property owned by the Company or any subsidiary of the Company;
(vi) Legal, audit, accounting, underwriting, brokerage, listing, rating agency, registration and other fees, printing, engraving and other expenses and taxes incurred in connection with the issuance, distribution, transfer, registration and stock listing of the Company's or any subsidiary's equity securities or debt securities;
(vii) The expenses of organizing, modifying or dissolving the Company or any subsidiary of the Company;
(viii) All insurance costs incurred in connection with the Company or any subsidiary of the Company;
(ix) Expenses connected with payments of dividends or interest or distributions in any other form made or caused to be made by the Board of Directors to holders of the securities of the Company or any subsidiary of the Company;
(x) Expenses connected with the structuring of the issuance of mortgage securities by the Company or any subsidiary of the Company, including but not limited to trustee's fees, insurance premiums, and costs of required credit enhancements;
(xi) Travel and related expenses of the directors of the Company when attending meetings or performing other business activities which relate to the Company;
(xii) All expenses of third parties connected with communications to holders of equity securities or debt securities of the Company or any subsidiary of the Company and the other bookkeeping and clerical work necessary in maintaining relations with holders of...
Expenses Borne by the Company. The Company or any subsidiary of the ----------------------------- Company shall pay all of its expenses except those which are the specific responsibility of the Manager pursuant to this agreement; and, without limiting the generality of the foregoing, it is specifically agreed that the following expenses of the Company or any subsidiary of the Company shall not be paid by the Manager:
(1) The cost of borrowed money;
(2) All taxes applicable to the Company or any subsidiary of the Company including interest and penalties;
(3) Legal, accounting and auditing fees and expenses relating to the Company's or any subsidiary's operations;
(4) Expenses relating to any office or office facilities maintained by the Company or any subsidiary of the Company exclusive of the office of the Manager;
(5) Expenses connected with the ownership and disposition of the Company's or any subsidiary's assets, including, but not limited to, costs of completion, foreclosure, maintenance, repair and improvement of property and premiums for insurance on property owned by the Company or any subsidiary of the Company;
(6) Legal, audit, accounting, underwriting, brokerage, listing, rating agency, registration and other fees, printing, engraving and other expenses and taxes incurred in connection with the issuance, distribution, transfer, registration and stock exchange listing of the Company's or any subsidiary's equity securities or debt securities;
(7) The expenses of organizing, modifying or dissolving the Company or any subsidiary of the Company;
(8) All insurance costs incurred in connection with the Company or any subsidiary of the Company;
(9) Expenses connected with payments of dividends or interest or distributions in any other form made or caused to be made by the Board of Directors to holders of the securities of the Company or any subsidiary of the Company;
(10) Expenses connected with the structuring and issuance of mortgage securities by the Company or any subsidiary of the Company, including but not limited to trustee's fees, insurance premiums, and costs of required credit enhancements;
(11) Travel and related expenses of the directors of the Company when attending meetings or performing other business activities which relate to the Company;
(12) All expenses of third parties connected with communications to holders of equity securities or debt securities of the Company or any subsidiary of the Company and the other bookkeeping and clerical work necessary in maintaining ...
Expenses Borne by the Company. Except as otherwise provided in this Agreement or any other contract to which the Company is a party, the Company shall pay all expenses incidental to its organization, operations and business including, without limitation: all charges of depositories, custodians, sub-custodians and other agencies for the safekeeping and servicing of its cash, securities and other property, and of its transfer, shareholder recordkeeping, dividend disbursing and redemption agents, if any; all charges for equipment or services used for obtaining price quotations; all charges for accounting services provided to the Company by the custodian, the Adviser or any other provider of accounting services; all expenses of portfolio pricing, net asset value computation and reporting portfolio information to the Adviser or Portfolio Management Agent; all charges for services of administration; all charges of independent auditors and legal counsel; all compensation of the Directors other than those affiliated with any entity providing advisory or administrative services to the Company, and all expenses incurred in connection with their services to the Company; all expenses of preparing, printing and distributing notices, proxy solicitation material and reports to shareholders of the Fund; all expenses of meetings of shareholders; all expenses of preparation and printing of annual or more frequent and of supplying each then existing shareholder or beneficial owner of shares of the Fund with a copy of a revised prospectus; all expenses related to preparing and transmitting certificates representing shares of the Fund, if any; all expenses of bond and insurance coverage required by law or deemed advisable by the Board of Directors; all costs of borrowing money; all taxes and corporate fees payable to Federal, state or other governmental agencies, domestic or foreign; all stamp or other transfer taxes; all expenses of registering and maintaining the registration of the Company under the 1940 Act and of shares of the Fund under the 1933 Act, of qualifying and maintaining qualification of the Company and of shares of the Fund for sale under securities laws of various states or other jurisdictions and of registration and qualification of the Trust under all other laws applicable to the Company or its business activities; all payments pursuant to a plan adopted on behalf of the Fund pursuant to Rule 12b-1 under the 1940 Act; all fees, dues and other expenses incurred by the Company in connection...
Expenses Borne by the Company. The Company or any subsidiary of the Company shall pay all of its expenses except those which are the specific responsibility of the Manager pursuant to this Agreement; and, without limiting the generality of the foregoing, it is specifically agreed that the following expenses of the Company or any subsidiary of the Company shall not be paid by the Manager:
Expenses Borne by the Company. Except as otherwise provided in Section 5.2 hereof, the Company will bear the following fees, costs and expenses with respect to any Demand Registration or Piggyback Registration hereunder: (i) all SEC and National Association of Securities Dealers, Inc., Nasdaq Stock Market and any other applicable exchange registration, filing and listing fees and expenses; (ii) all fees, costs and expenses of compliance with state securities or blue sky laws; (iii) all costs and expenses related to the preparation, printing, distribution and reproduction of Registration Statements required to be filed in connection with such Demand Registration or Piggyback Registration (as the case may be), the prospectuses included therein or prepared for distribution pursuant thereto and any amendments or supplements to the foregoing; (iv) all messenger and delivery costs and expenses and internal costs and expenses, including, without limitation, all salaries and expenses of the Company's officers and employees performing legal or accounting duties; (v) the fees and disbursements of counsel and independent certified public accountants for the Company; (vi) the fees and disbursements of counsel to the underwriters, if any; and (vii) all fees and disbursements of counsel and accountants for such Holders, which shall not exceed that aggregate amount of $10,000, for any one registration.
Expenses Borne by the Company. Except as otherwise provided in Section 5.2 hereof, the Company will bear the following fees, costs and expenses with respect to any Demand Registration or Piggyback Registration hereunder: (i) all Commission and National Association of Securities Dealers, Inc. registration and filing fees and expenses; (ii) all fees, costs and expenses of compliance with state securities or blue sky laws; (iii) all costs and expenses related to the preparation, printing, distribution and reproduction of Registration Statements required to be filed in connection with such Demand Registration or Piggyback Registration (as the case may be), the prospectuses included therein or prepared for distribution pursuant thereto and any amendments or supplements to the foregoing; (iv) all messenger and delivery costs and expenses and internal costs and expenses, including, without limitation, all salaries and expenses of the Company's officers and employees performing legal or accounting duties; (v) the fees and disbursements of counsel and independent certified public accountants for the Company; (vi) the fees and disbursements of one counsel and one firm of independent certified public accountants for all Holders including Registrable Securities in such registration; (vii) in the case of a Piggyback Registration initiated by the Company, the fees and disbursements of counsel to the underwriters; and (viii) all fees, costs and expenses incurred by the Holders including Registrable Securities in such registration not expressly listed above or in Section 5.2 hereof.
Expenses Borne by the Company. (a) The Company shall bear all expenses to operate the Company, including, without limitation:
(i) The Project Service Fee;
(ii) The Acquisition Fee;
(iii) All costs associated with the real estate on which the Company operations, including rent;
(iv) All insurance costs, held by, required by, or associated with the Company;
(v) All utility costs, including water, gas, electricity, internet, etc.
(vi) All costs to repair and maintain the Company’s equipment;
(vii) All banking costs;
(viii) All loan costs, including interest, loan fees, etc.
(ix) Any attorney’s fees incurred by the Company;
(x) Tax preparation costs; and
(xi) All other operational costs necessary to conduct the Company business.
(b) The Company shall not bear any employment costs of management or officers of the Company.
Expenses Borne by the Company. All costs and expenses incurred or sustained in connection with or arising out of each registration pursuant to Section 6.1 or Section 6.2 hereof, including, without limitation, all registration and filing fees, fees and expenses of compliance with securities or Blue Sky laws (including reasonable fees and disbursements of counsel for the underwriters in connection with the Blue Sky
