Common use of Syndication Fee Clause in Contracts

Syndication Fee. (a) In consideration of services to the Company relating to, but not limited to, syndication assistance with respect to the Fund and the distribution of the Fund’s common shares of beneficial interest, par value $0.01 (the “Common Shares”), including without limitation, securing syndicate participants for the Fund’s initial public offering (the “Offering”), preparation of marketing and diligence materials for underwriters, conveying information and market updates to syndicate members and coordinating syndicate orders during the Offering, the Company shall pay a fee to Xxxxxx Xxxxxxx equal to $[ ] (the “Syndication Fee”). The Syndication Fee paid to Xxxxxx Xxxxxxx shall not exceed 0.[ ]% of the total price to the public of the Common Shares sold by the Fund in the Offering. In the event the Offering does not proceed, Xxxxxx Xxxxxxx will not receive any fees under this Agreement; however, for the avoidance of doubt, accountable expenses actually incurred may be payable to Xxxxxx Xxxxxxx pursuant to the terms of the principal underwriting agreement relating to the Offering (the “Underwriting Agreement”).

Appears in 4 contracts

Samples: Syndication Fee Agreement (Nuveen Flexible Investment Income Fund), Syndication Fee Agreement (Nuveen Flexible Investment Income Fund), Syndication Fee Agreement (Nuveen Intermediate Duration Municipal Term Fund)

AutoNDA by SimpleDocs

Syndication Fee. (a) In consideration of services advice to the Company relating to, but not limited to, syndication assistance with respect to the Fund and the distribution of shares of the Fund’s common shares of beneficial intereststock, par value $0.01 0.001 (the “Common Shares”), including without limitation, securing syndicate participants for the Fund’s initial public offering (the “Offering”), preparation of marketing and diligence materials for underwriters, conveying information and market updates to syndicate members and coordinating syndicate orders during the Offering, the Company shall pay a fee to Xxxxxx Xxxxxxx equal to $[ ] (the “Syndication Fee”). The Syndication Fee paid to Xxxxxx Xxxxxxx shall not exceed 0.[ ]% of the total price to the public of the Common Shares sold by the Fund in the Offering. In the event the Offering does not proceed, Xxxxxx Xxxxxxx will not receive any fees under this Agreement; however, for the avoidance of doubt, accountable expenses actually incurred may be payable to Xxxxxx Xxxxxxx pursuant to the terms of the principal underwriting agreement relating to the Offering (the “Underwriting Agreement”).

Appears in 2 contracts

Samples: Syndication Fee Agreement (ClearBridge Energy MLP Total Return Fund Inc.), Syndication Fee Agreement (ClearBridge Energy MLP Opportunity Fund Inc.)

Syndication Fee. (a) In consideration of services advice to the Company relating to, but not limited to, syndication assistance with respect to the Fund and the distribution of the Fund’s its common shares of beneficial interest, par value $0.01 per share (the “Common Shares”), including without limitation, securing syndicate participants for the Fund’s initial public offering (the “Offering”), preparation of marketing and diligence materials for underwriters, conveying information and market updates to syndicate members and coordinating syndicate orders during the Offering, the Company shall pay a fee to Xxxxxx Xxxxxxx equal to $[ ] (the “Syndication Fee”). The Syndication Fee paid to Xxxxxx Xxxxxxx shall not exceed 0.[ ]% of the total price to the public of the Common Shares sold by the Fund in the Offering. In the event the Offering does not proceed, Xxxxxx Xxxxxxx will not receive any fees under this Agreement; however, for the avoidance of doubt, accountable expenses actually incurred may be payable to Xxxxxx Xxxxxxx pursuant to the terms of the principal underwriting agreement relating to the Offering (the “Underwriting Agreement”).

Appears in 1 contract

Samples: Syndication Fee Agreement (ING Emerging Markets High Dividend Equity Fund)

Syndication Fee. (a) In consideration of services advice to the Company and its affiliates relating to, but not limited to, syndication assistance with respect to the Fund and the distribution of the Fund’s common shares of beneficial interestshares, par value $0.01 0.00001 (the “Common Shares”), including without limitation, securing syndicate participants for the Fund’s initial public offering (the “Offering”), preparation of marketing and diligence materials for underwriters, conveying information and market updates to syndicate members and coordinating syndicate orders during the Offering, the Company shall pay a fee to Xxxxxx Xxxxxxx equal to $[ ] (the “Syndication Fee”). The Syndication Fee paid to Xxxxxx Xxxxxxx shall not exceed 0.[ ]% of the total price to the public of the Common Shares sold by the Fund in the Offering. In the event the Offering does not proceed, Xxxxxx Xxxxxxx will not receive any fees under this Agreement; however, for the avoidance of doubt, accountable expenses actually incurred may be payable to Xxxxxx Xxxxxxx pursuant to the terms of the principal underwriting agreement relating to the Offering (the “Underwriting Agreement”).

Appears in 1 contract

Samples: Syndication Fee Agreement (PIMCO Dynamic Income Fund)

Syndication Fee. (a) In consideration of services advice to the Company relating to, but not limited to, syndication assistance with respect to the Fund and the distribution of the Fund’s common shares of beneficial interest, par value $0.01 0.001 (the “Common Shares”), including without limitation, securing syndicate participants for the Fund’s initial public offering (the “Offering”), preparation of marketing and diligence materials for underwriters, conveying information and market updates to syndicate members and coordinating syndicate orders during the Offering, the Company shall pay a fee to Xxxxxx Xxxxxxx equal to $[ [$ ] (the “Syndication Fee”). The Syndication Fee paid to Xxxxxx Xxxxxxx shall not exceed 0.[ ]% [0.__%] of the total price to the public of the Common Shares sold by the Fund in the Offering. In the event the Offering does not proceed, Xxxxxx Xxxxxxx will not receive any fees under this Agreement; however, for the avoidance of doubt, accountable expenses actually incurred may be payable to Xxxxxx Xxxxxxx pursuant to the terms of the principal underwriting agreement relating to the Offering (the “Underwriting Agreement”).

Appears in 1 contract

Samples: Fee Agreement (Goldman Sachs MLP Income Opportunities Fund)

AutoNDA by SimpleDocs

Syndication Fee. (a) In consideration of services advice to the Company relating to, but not limited to, syndication assistance with respect to the Fund Trust and the distribution of the FundTrust’s common shares of beneficial interest, par value $0.01 0.001 (the “Common Shares”), including without limitation, securing syndicate participants for the FundTrust’s initial public offering (the “Offering”), preparation of marketing and diligence materials for underwriters, conveying information and market updates to syndicate members and coordinating syndicate orders during the Offering, the Company shall pay a fee to Xxxxxx Xxxxxxx equal to [$[ _____] (the “Syndication Fee”). The Syndication Fee paid to Xxxxxx Xxxxxxx shall not exceed 0.[ ]% [0.__%] of the total price to the public of the Common Shares sold by the Fund Trust in the Offering. In the event the Offering does not proceed, Xxxxxx Xxxxxxx will not receive any fees under this Agreement; however, for the avoidance of doubt, accountable expenses actually incurred may be payable to Xxxxxx Xxxxxxx pursuant to the terms of the principal underwriting agreement relating to the Offering (the “Underwriting Agreement”).

Appears in 1 contract

Samples: Syndication Fee Agreement (BlackRock Utility & Infrastructure Trust)

Syndication Fee. (a) In consideration of services advice to the Company relating to, but not limited to, syndication assistance with respect to the Fund and the distribution of the Fund’s common shares of beneficial interest, par value $0.01 0.001 (the “Common Shares”), including without limitation, securing syndicate participants for the Fund’s initial public offering (the “Offering”), preparation of marketing and diligence materials for underwriters, conveying information and market updates to syndicate members and coordinating syndicate orders during the Offering, the Company shall pay a fee to Xxxxxx Xxxxxxx equal to $[ [$ ] (the “Syndication Fee”). The Syndication Fee paid to Xxxxxx Xxxxxxx shall not exceed 0.[ ]% %] of the total price to the public of the Common Shares sold by the Fund in the Offering. In the event the Offering does not proceed, Xxxxxx Xxxxxxx will not receive any fees under this Agreement; however, for the avoidance of doubt, accountable expenses actually incurred may be payable to Xxxxxx Xxxxxxx pursuant to the terms of the principal underwriting agreement relating to the Offering (the “Underwriting Agreement”).

Appears in 1 contract

Samples: Syndication Fee Agreement (KKR Income Opportunities Fund)

Time is Money Join Law Insider Premium to draft better contracts faster.