Formation Costs definition

Formation Costs means all preliminary and floatation expenses of the Fund including expenses in connection with authorization of the Fund and its application fee payable to the Commission, execution and registration of the Constitutive Document, issue, legal costs, and all expenses incurred during the period leading up to the authorization to a maximum limit of PKR 750,000/ or 0.5% in total of the total Seed Capital, whichever is less.
Formation Costs means all preliminary and floatation expenses of the Pension Fund and shall include expenses in connection with authorization of the Pension Fund, execution and registration of the Constitutive Documents, issue, circulation and publication of the Offering Document and legal costs but shall not include any marketing, sales, promotion, education, communication or any form of advertisement costs; and shall not exceed 0.5% of the Seed Capital of each Sub-Fund or Rs.750, 000/- in total which ever is less.
Formation Costs means all preliminary and floatation expenses of the Fund including ex- penses in connection with authorization of the Fund and its application fee payable to the Com- mission, execution and registration of the Constitutive Document, issue, legal costs, and all ex- penses incurred during the period leading up to the authorization.

Examples of Formation Costs in a sentence

  • Formation Costs shall be divided amongst the Allocation Plans according to ratios of their Pre-IPO.

  • Formation Costs not exceeding half of one percent (0.5%) of the Seed Capital of each Sub-Fund or PKR 750,000/- in total, whichever is lower, can be charged to the Pension Fund and shall be amortized over a period of three years and shall not include any marketing, sales, promotional or educational, communication or any form of advertisement .

  • The water improvements will be designed and constructed in accordance with City standards and specifications and will be owned and operated by the City.▪ Soft CostsCosts related to designing, constructing, and installing the Authorized Improvements including land planning and design, City fees, inspection fees, engineering, material testing, survey, construction management, contingency, and District Formation Costs.

  • Maximum Formation Costs of Pakistan Rupees Seven Hundred and Fifty Thousand (Rs. 750,000) that can be charged to the Pension Fund and shall be amortized over a period of three (3) years and shall not include any marketing, sales, promotional or educational, communication or any form of advertisement cost.

  • It was not the intention to imply that the SPD would create policy on the provision of community facilities - either in terms of site specific requirements and/or the provision of additional facilities not set out in either Policy CP21 or Policy MH1.

  • The public park improvements will provide benefit to all Lots within the District. Soft CostsCosts related to designing, constructing, installing, and financing the Major Improvements, including land planning and design, City fees, engineering, soil testing, survey, construction management, contingency, and District Formation Costs.

  • If inspections are desired before printed copies of the purchase instrument are available for distribution, the written inspection request should incorporate all contractual information necessary to accomplish the requested inspections.

  • Formation Costs shall be charged to the Fund which are estimated at and shall not exceed [1%] of pre-public offer Investment (Pre-IPO Units) or Rs 5 Million whichever is lower.

  • Include (i) selling commissions payable to broker-dealers participating in the offering of SDIs (and to the Dealer Manager as to its direct sales), (ii) payments to the Dealer Manager as compensation for managing the offering of SDIs and as reimbursement for bona fide due diligence expenses, certain marketing costs, administrative expenses and certain incentive programs, and (iii) all Formation Costs incurred.

  • The public park improvements will provide benefit to all Lots within the District.▪ Soft CostsCosts related to designing, constructing, installing, and financing the Major Improvements, including land planning and design, City fees, engineering, soil testing, survey, construction management, contingency, and District Formation Costs.


More Definitions of Formation Costs

Formation Costs means all preliminary and floatation expenses of the Pension Fund
Formation Costs means all preliminary and floatation expenses of UCPF I including expenses in connection with authorization of the Scheme and its application fee payable to SECP, execution and registration of the Constitutive Document, issue, legal costs, printing, circulation and publication of the Offering Document, announcements describing the Fund inviting investments therein and all expenses incurred during the period leading up to the initial issue of Certificates; provided, however that the formation costs will not exceed the amount to be specified in the Offering Document of the Fund Any income earned from Fund Property before the finalization of the Initial Offer will be paid-out to the Investment Advisor and deducted from Formation Cost.
Formation Costs means all preliminary and floatation expenses of the Fund including expenses in connection with authorization of the Fund and its application fee payable to the Commission, execution and registration of the Constitutive Document, issue, legal costs, and all expenses incurred during the period leading up to the authorization.
Formation Costs means all costs, fees and expenses (including legal fees) paid or incurred by Legacy, EDV and/or the Company in connection with the formation of the Company, including, without limitation, all legal fees and expenses incurred in connection with the preparation and execution of this Agreement and all other documents, agreements and instruments to be entered into and executed in connection herewith.
Formation Costs has the meaning set forth in Section 4.01 hereof.
Formation Costs means all preliminary and floatation expenses of the

Related to Formation Costs

  • Transaction Costs means all fees, costs and expenses incurred or payable by the Borrower or any Subsidiary in connection with the Transactions.

  • Collection Costs means an amount that the Municipality can charge with regard to the enforcement of a consumer’s monetary obligations;

  • Company Reimbursable Costs means the actual costs and expenses incurred by Company and/or its Affiliates in connection with performance of the Company Work or otherwise incurred by Company and/or its Affiliates in connection with this Agreement, and including, without limitation, any such costs that may have been incurred by Company and/or its Affiliates in connection with the Company Work or this Agreement prior to the Effective Date. These Company Reimbursable Costs shall include, without limitation, the actual expenses for labor (including, without limitation, internal labor), services, materials, subcontracts, equipment or other expenses incurred in the execution of the Company Work, all applicable overhead, overtime costs, all federal, state and local taxes incurred (including, without limitation, all taxes arising from amounts paid to Company that are deemed to be contributions in aid of construction), all costs of outside experts, consultants, counsel and contractors, all other third-party fees and costs, and all costs of obtaining any required permits, rights, consents, releases, approvals, or authorizations acquired by or on behalf of Company, including, without limitation, the Required Approvals.

  • Direct Costs means the sum of the following: