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.
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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.
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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.
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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
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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.
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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.
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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.
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Formation Costs means all preliminary and floatation expenses of the
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Formation Costs has the meaning set forth in Section 4.01 hereof.
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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.

  • Exploration Costs means costs incurred in identifying areas that may warrant examination and in examining specific areas that are considered to have prospects that may contain oil and gas reserves, including costs of drilling exploratory wells and exploratory type stratigraphic test wells. Exploration costs may be incurred both before acquiring the related property and after acquiring the property. Exploration costs, which include applicable operating costs of support equipment and facilities and other costs of exploration activities, are:

  • Distribution Costs means all costs of: (i) transporting ore or concentrates from a Mine or a concentrating plant to a smelter, refinery or other place of delivery designated by the purchaser and, in the case of concentrates tolled, of transporting the concentrate or metal from a smelter or refinery to the place of delivery designated by the purchaser; (ii) handling, warehousing and insuring the concentrates and metal; and (iii) in the case of concentrates tolled, of smelting and refining, including any penalties thereon or in connection therewith.

  • Acquisition Cost means the cost to acquire a tangible capital asset including the purchase price of the asset and costs necessary to prepare the asset for use. Costs necessary to prepare the asset for use include the cost of placing the asset in location and bringing the asset to a condition necessary for normal or expected use.

  • Administration Costs means (i) the costs and expenses associated with the production and dissemination of the Notice (as defined in Section 2.10); (ii) all reasonable costs incurred by the Settlement Administrator (as defined in Section 1.40) in administering and effectuating this Settlement, which costs and expenses are necessitated by performance and implementation of this Agreement and any Court orders relating thereto; (iii) all reasonable fees charged by the Settlement Administrator; and (iv) any other costs associated with the settlement, including but not limited to any amounts charged by TIAA or Vanguard.

  • Administrative Costs means all costs and expenses associated with providing notice of the Settlement to the Settlement Class and otherwise administering or carrying out the terms of the Settlement. Such costs may include, without limitation: escrow agent costs, the costs of publishing the summary notice, the costs of printing and mailing the Notice and Proof of Claim, as directed by the Court, and the costs of allocating and distributing the Net Settlement Fund to the Authorized Claimants. Such costs do not include legal fees.

  • Direct Costs means the sum of the following: