Organizational Costs. The Union shall assume financial responsibility for costs related to organizational activity on campus, such as: postage, long distance telephone charges, office supplies, secretarial, and clerical services.
Organizational Costs. The Company shall promptly reimburse the Manager for the Organizational Costs incurred by the Manager or its Affiliates from time to time in an amount not to exceed $250,000 in the aggregate. Such reimbursements for the Organizational Costs shall be made from the Company’s available operating cash or from Capital Contributions.
Organizational Costs. The Adviser shall advance the costs of organizing each Fund, and bear the costs of rendering the investment management and supervisory services to be performed by it under this Agreement.
Organizational Costs. Except as otherwise agreed by the Members, all costs incurred by a Member in connection with the establishment of the Joint Venture shall be borne by the Member incurring such costs.
Organizational Costs. Upon receipt of reasonable documentation, the -------------------- Company shall reimburse each Member for its reasonable out-of-pocket expenses incurred on or after August 6, 1997 in connection with the organization of the Company or advanced with respect to the Company on or before the date of execution of this Agreement.
Organizational Costs. The General Partner has advanced all of the expenses in connection with the organization of the Partnership and the initial offering of Interests (“Organizational Costs”) and shall be reimbursed by the Partnership for up to $100,000 of such Organizational Costs (regardless whether such expenses were incurred prior to the formation of the Partnership) over the period beginning on the first day of the first Accounting Period and ending on the last day of such corresponding calendar quarter. Any Organizational Costs in excess of $100,000 shall be borne by the General Partner (which may be satisfied through a reduction of the Management Fee otherwise payable). Such Organizational Costs shall in each case include, without limitation and whether incurred before or after the formation of the Partnership, all related travel, accommodation, legal, accounting, consulting, filing, registration, marketing, publishing, selling and printing costs.
Organizational Costs.
A) Unless otherwise specified in the LPA Series Appendix for such Series, the Series General Partner (or any of its Affiliates) shall bear, out of the Management Fee or otherwise, all costs and expenses (“Organizational Costs”) incurred in connection with (i) the establishment and formation of such Series, the Partnership and any Alternative Investment Vehicle, (ii) the offering of Interests in such Series and the offering of any interests in a vehicle formed pursuant to Section 3.6 hereof and (iii) any other purposes specified in the applicable LPA Series Appendix. Such Organizational Costs shall in each case include, without limitation and whether incurred before or after the establishment of the Series, all related travel, accommodation, legal, accounting, consulting, filing, registration, marketing, publishing, selling, and printing costs. Each Series shall bear the Partnership’s Organizational Costs in such equitable proportions as the Partnership General Partner, in its discretion, determines is appropriate. The Series General Partner in its discretion may elect to amortize any Series’ Organizational Costs over a period determined by such General Partner and not to exceed five (5) years.
B) Organizational Costs shall be paid from capital contributions in respect of the Expense Commitments, and shall not be paid out of any other sources of cash available to the Series, including the Investment Commitments.
Organizational Costs. The Company shall reimburse to the Members and Manager reasonable costs incurred in connection with the formation of the Company, including attorney fees. Hereafter, legal fees and the fees of other consultants and professionals incurred by or on behalf of the Company shall be a Company obligation, provided the expenditures are approved pursuant to the further provisions hereof.
Organizational Costs. Except as otherwise provided in this Agreement, the third party legal and accounting fees and expenses and all other third party costs and expenses incurred by each Partner in connection with the formation and organization of the Partnership shall be a Partnership expense, reimbursable to the Partner incurring such expense, and shall be allocated between the General Partner and the Limited Partner according to their respective Percentage Interests.
Organizational Costs. If any amounts are provided by any Member to fund the organizational costs of the Company, such amounts shall be promptly repaid by the Company out of its available cash.
