Examples of Gross Offering Proceeds in a sentence
The Trust will use the Gross Offering Proceeds to acquire limited partnership units of the Canadian LP, which will in turn convert all of the Gross Offering Proceeds to US dollars and use such amount to lend funds to the Master LP at an interest rate of 8% per annum.
In furtherance thereof, no rebates or give-ups may be received by the GP nor may the GP or any of its Affiliates participate in any reciprocal business arrangement which would circumvent the provisions of this Section 6.4. Furthermore, the sum of all Organizational and Offering Expenses, Sales Commissions and Underwriting Fees paid shall not exceed fifteen percent (15%) of the Gross Offering Proceeds.
In order to capitalize its subsidiary entities, the Trust will use the Gross Offering Proceeds to acquire limited partnership units of the Canadian LP, which will in turn convert all of the Gross Offering Proceeds to US dollars and use such amount to lend funds to the Master LP at an interest rate of 8% per annum.
See Item 2.1.2 – The Trust and Item 5.1 – Trust Units.(2) The Trust will use the Gross Offering Proceeds to acquire limited partnership units of the Canadian LP, which will in turn convert all of the Gross Offering Proceeds to US dollars and use such amount to lend funds to the Master LP at an interest rate of 8% per annum.
See Item 5.2 – Cash Distributions to Trust Unitholders.Organizational Chart The structure of the Trust and its subsidiary entities that are or may be involved in the Offering and use of the Gross Offering Proceeds is outlined below.