The Front end Fee payable by the Borrower shall be equal to one quarter of one percent (0.25%) of the Loan amount.
The Front end Fee payable by the Borrower shall be equal to one quarter of one percent (0.25%) of the Loan amount. The Borrower shall pay the Front-end Fee not later than sixty (60) days after the Effective Date.
The Front. End Load Funds reserve the right to issue, transfer or sell Front-End Load Shares at net asset value (a) in connection with merger or consolidation of the Trust or the Front-End Load Fund(s) with any other investment company or the acquisition by the Trust or the Front-End Load Fund(s) of all or substantially all of the assets or of the outstanding Shares of any other investment company; (b) in connection with a pro rata distribution directly to the holders of Shares in the nature of a stock dividend or split; (c) upon the exercise of subscription rights granted to the holders of Shares on a pro rata basis; (d) in connection with the issuance of Shares pursuant to any exchange and reinvestment privileges described in any then-current prospectus of the Front-End Load Fund; and (e) otherwise in accordance with any then-current prospectus of the Front-End Load Fund.
The Front end Fee payable by the Borrower shall be equal to one percent (1.0%) of the Loan amount, subject to any waiver of a portion of such fee as may be determined by the Bank from time to time. On or promptly after the Effective Date, the Bank shall, on behalf of the Borrower, withdraw from the Loan Account and pay to itself the amount of said fee.
The Front. End Construction Contractor has duly authorized, executed and delivered each Transaction Document;
The Front. End Construction Contractor is not delinquent on any amounts due and owing to the U.S. Government or its agencies or instrumentalities;
The Front. End Fees of the offering will not exceed eighteen and one-half percent (18.5%) of Gross Proceeds. Leasing will bear all Organization and Offering Expenses, Selling Commissions, Equipment Acquisition Fees and Acquisition Expenses which in the aggregate are in excess of eighteen and one-half percent (18.5%) of Gross Proceeds.
The Front. End Sales Load for any Series of Piper Funds may, at the discretion of Piper Funds and the Distributor, be reduced or eliminated as permitted by the Investment Company Act of 1940, and the rules and regulations thereunder, as they may be amended from time to time, provided that such reduction or elimination shall be set forth in the currently effective prospectus for such Series, and provided that Piper Funds shall in no event receive for any Shares sold an amount less than the net asset value thereof. In addition, the Contingent Deferred Sales Load for any Series of Piper Funds may, at the discretion of Piper Funds and the Distributor, be reduced or eliminated in accordance with the terms of an exemptive order received from the Securities and Exchange Commission by Piper Funds, and any amendments thereto, provided that such reduction or elimination shall be set forth in the currently effective prospectus for such Series.
The Front. End Software will, when properly used and on an operating system for which it was designed, perform substantially in accordance with the functions described in the Documentation; and
The Front. End Supervisor premium shall apply to both full-time and part-time employees who are scheduled and assigned to perform the duties of Front- End Supervisor in the Service Department.
