Formation Costs Sample Clauses

Formation Costs. The costs entailed in establishing the UCITS and the initial issue of shares are levied to the assets of the UCITS over five years.

Formation Costs. Any organizational expenses of the UCITS will be allocated on a pro-rata basis and amortized over the first five years of the UCITS’ existence by the Sub-Funds launched at the time of formation. Any organizational expenses for any new Sub-Fund will be amortized over the first five years by that Sub-Fund.

Formation Costs. (a) Each Member shall bear his own expenses in connection with his consideration of an investment in the Fund and his acquisition of Units, including without limitation the fees of any attorney, financial advisor, or other consultant, except as this Agreement may otherwise expressly provide. (b) The Fund shall pay for or reimburse the initial Member for all other expenses of formation of every nature and description including, without limitation, reproduction, printing and stenographic costs, filing, recording and qualifying fees, taxes and costs of legal publication, expenses of registration, qualification or obtaining exemptions under any federal or state securities laws and legal and accounting fees incident to the formation of the Fund and the offering and sale of Units.

Formation Costs. All costs of organizing and offering interests in the Partnership, including: printing expenses; legal and accounting fee and expenses; salary and employee benefits, travel, filing, mailing and other expenses incurred by the Managing General Partner or the Partnership in connection therewith or in connection with the formation of the Partnership; the registration and qualification of interests therein for offer and sale under applicable securities laws; the preparation of all related documents and offering materials; and escrow fees. Formation Costs shall not include any amounts payable to broker-dealers as selling commissions or amounts paid to the Dealer Manager in connection with managing the offering.

Formation Costs. The Partners agree that the legal fees incurred by each of the Partners in connection with the negotiation, preparation and execution of this Agreement, the Amphitheater Contribution Agreements, the Promotion Agreement and the T.B. A. Marketing Agreement are reasonable and necessary costs related to the formation of the Partnership and shall be reimbursed by the Partnership to each of the Partners.

Formation Costs. All costs and expenses incurred with respect to the formation of the Company shall be borne by the Company.

Formation Costs. 6 ARTICLE II

Formation Costs. The sub-fund shall also bear all costs incurred in connection with the formation of the sub-fund, such as the admission fee of the FMA Liechtenstein, the Auditor’s fee in connection with the audit of the Unit Trust Agreement, the Prospectus and the contracts, the costs of registration in the Commercial Register, the compensation to the Management Company for drawing up the Unit Trust Agreement, the Prospectus and contracts, any legal and tax consultancy costs, the drafting and printing of the Unit Trust Agreement and the Prospectus, and translation costs. The costs of the formation and initial issue of units are charged to the sub-fund, capitalised and subsequently depreciated over a period of five years. The formation expenses are a component of the costs and fees that are independent of the assets of the sub-fund pursuant to Art.34.

Formation Costs. The Authority acknowledges that the City has expended certain City funds toward Formation Costs and agrees to reimburse the City for such costs in an amount not to exceed $250,000 dollars, subject to the repayment provisions herein.

Formation Costs. Owner shall advance funds, in the form of a deposit, to the City to pay all costs for the formation of the Financing District and the issuance and sale of bonds by the Financing District, including, but not limited to: (i) the bonds by the Financing District and issuance of bonds, including an engineer, special tax consultant, financial advisor, bond counsel and any other consultant deemed reasonably necessary or advisable by the City; (ii) the costs of appraisals, market absorption and feasibility studies and other reports deemed reasonably necessary by the City in connection with the issuance of bonds; (iii) the costs of publication of notices, preparation and mailing of ballots and other costs related to any hearing, election or other action or proceeding undertaken in connection with the formation of the Financing District and issuance of the bonds; and (iv) any and all other actual and reasonable costs and expenses incurred by the City in connection with the formation of the Financing District and issuance of the bonds. Upon the sale of the bonds, funds advanced for such formation and issuance costs by Owner shall be reimbursed to Owner from the bond proceeds concurrently with the issuance of the bonds.