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.
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 of the formation of NEWCO shall, to the extent the same are not incurred or assumed by NEWCO, be borne equally by the parties hereto. Expenses incurred by each party up to time of execution of this Agreement, including travel expenses and legal fees, shall be borne by the party so incurring such expenses.
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.
Formation Costs. Developer shall bear all costs and expenses associated with the formation of the CSD and CFD (including without limitation, completion in a manner acceptable to City of any required elections and reports) and the City’s preparation or review of any documents or materials necessary in conjunction therewith, including, without limitation, the retention of consultants, and reimbursement for City overhead, staff and City attorney time.
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. All preliminary and floatation expenses of the Fund including expenses incurred in connection with the establishment and authorization of the Fund, including execution and registration of the Constitutive Documents, issue, legal costs, printing, circulation and publication of the Offering Document, and all expenses incurred during and up to the Initial Offering Period subject to a maximum of one per cent of pre-IPO capital of the Fund or Rupees five million, whichever is lower, shall be borne by the Fund subject to the audit of expenses and amortized over a period of not less than five years or within the maturity of the Fund whichever is lower. This cost shall be reimbursable by a collective investment scheme to an AMC subject to the audit of expenses. The Formation Cost shall be reported by the Management Company to the Commission and the Trustee giving their break-up under separate heads, as soon as the distribution of the securities is completed
