Net Subscription definition

Net Subscription means that part of a Subscription applied to making investments in Investee Companies;
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Net Subscription means the amount which the Venues hold and deal with as agent of the Licensees in accordance with Rule 7(h), being the Gross Subscription less the Commission including that part of the face value of a Gift Voucher, Prepaid Voucher or a Subscription Chip or an SST Receipt which has been used as a Subscription, remaining after payment of the Venue’s Commission in accordance with Rule 9A(b), Rule 9B(a) or Rule 9C(c), as the case may be;
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Net Subscription means the amount which the [Clubs] hold and deal with as agent of the Licensees in accordance with this Licence and the Rules, being the Gross subscription less the Commission...
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Examples of Net Subscription in a sentence

  • The dilution adjustment, if applied at the discretion of the directors, will involve adding to, when the Fund is in a Net Subscription Position, and deducting from, when the Fund is in a Net Redemption Position, the Net Asset Value per Share such figure as the Directors consider represents an appropriate figure to meet Duties and Charges and Spreads in order to preserve the value of underlying investments for Shareholders.

  • Shares will be issued and redeemed at a single price (the “Price”) (excluding subscription or redemption charges, if any) which will be the Net Asset Value per Share, which may, in exceptional circumstances at the Directors’ discretion, be adjusted on any Dealing Day in the manner set out below, depending on whether the Directors consider it appropriate and whether or not the Fund is in a Net Subscription Position or in a Net Redemption Position on such Dealing Day, to arrive at the Price.

  • The PatentBook Administrator shall calculate and pay Net Subscription Payments to the Publisher (Licensor) on a Quarterly basis.

  • Where a dilution adjustment is made, it will increase the Price when the Fund is in a Net Subscription Position and decrease the Price when the Fund is in a Net Redemption Position.

  • The performance feesare calculated for each successful Investment as 20% (plus VAT where applicable) of the amount above the ‘hurdle’ return, where the hurdle is a 6% per annum return with a maximum hurdle of 125% of the original Investment amount.As described in Schedule 2 to the Investment Management Agreement, all reasonable endeavours will be used to ensure that Non-Recoverable Deal Costs borne by the Fund and allocated pro rata amongst Investors will not exceed 0.5% of an Investor’s Net Subscription.

  • Following the transfer of funds, Investors’ Subscriptions will be held in a client bank account by the Custodian, pending investment, with each Investor’s Subscription clearly identified.Any fee which the Fund Manager is requested to pay to an Investor’s financial adviser in relation to advice which such Investor has received regarding an investment in the Fund will be set aside for this purpose from the Subscription received from that Investor, leaving a Net Subscription amount to be invested in the Fund.

  • Investors may opt out of the Follow-on Reserve in which case the entirety of their Net Subscription excluding the amount set aside for fees will be deployed within the initial deployment and theywill not participate in any investment made using the Follow-on Reserve (see page 18 for further details).

  • This is in order to illustrate the potential for downside as well as upside.The worked examples show a Net Subscription to the Fund of£100,000 from which £10,000 is held back (as described further in the section Fees) and £90,000 is invested in a portfolio of eight companies, each with an equal sized investment, and without any hold back for the Follow-on Reserve (as described in the section Dealing with Underperformance: the Follow-on Reserve).

  • The performance incentive fee is payable on a 'deal-by-deal' basis subject to the overall requirement of achieving a 120% return to investors from their Net Subscription to the Fund as a whole.

  • Sixty percent (60%) of Net Subscription Payments shall be distributed uniformly to the PatentBook Publishers owning the Tier 1 patents.


More Definitions of Net Subscription

Net Subscription means that part of a Subscription applied to
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Related to Net Subscription

  • User Subscriptions means the user subscriptions purchased by the Customer and set out in the Subscription Order Form which entitle Authorised Users to access and use the Services in accordance with this Agreement.

  • Minimum Subscription means the minimum subscription for Shares as specified in the relevant Supplement.

  • Subscription Shares has the meaning ascribed to it in Section 2.1.

  • Annual Subscription means the subscription paid by a member in accordance with the Registered Clubs Act and being paid either annually or otherwise.

  • Subscription Price has the meaning set forth in Section 2.1.

  • Subscription means the capital stock of the Bank subscribed to by a member.

  • Subscriber Shares means the Shares which the subscribers to the Instrument of the ICAV agree to subscribe for as more particularly hereinafter set forth after their names.

  • Subscription Receipts means the subscription receipts to be created, issued and authenticated under the Subscription Receipt Agreement and from time to time outstanding, each Subscription Receipt evidencing the rights to be set out in the Subscription Receipt Agreement;

  • Subscription Fee means the Fees payable by IPTV Operator to ZEEL for availing the signals of Zee Group Channels on a monthly basis and calculated as “ZEEL’s Share of MRP” multiplied by average active subscribers for any given month.

  • Minimum Subsequent Subscription means, in relation to the Euro RDR ‘Retail’ Hedged

  • Subscription Notice has the meaning set forth in Section 1.1.

  • Subscription Term means the initial subscription term and if applicable any renewal subscription term of a Cloud Service identified in the Order Form.

  • Subscription Service means the ServiceNow software-as-a-service offering ordered by Customer under an Order Form, Use Authorization or other signed ordering document between ServiceNow and Customer.

  • Subscription Rights means the right to participate in the Rights Offering.

  • Subscription Fees the Fees payable for access to the Cloud Service as set out in an Order.

  • Subscriber means the subscriber to the Memorandum.

  • Undersubscription Notice means written notice from an Investor notifying the Company and the selling Key Holder that such Investor intends to exercise its option to purchase all or any portion of the Transfer Stock not purchased pursuant to the Right of First Refusal or the Secondary Refusal Right.

  • Subscription Period means the duration of Customer’s authorized use of the Subscription Services as designated in the Order.

  • Subscription Form means the form of subscription annexed hereto as Schedule “A”;

  • PIPE Subscription Agreements has the meaning set forth in the recitals to this Agreement.

  • Subscription Agent shall have the meaning set forth in Section 6(a)(iv) hereof.

  • Subscription Software means software provided and hosted in the Computing Environment by SAP on a subscription basis as part of the HEC Subscription offering as identified in the Order Form.

  • Minimum Initial Subscription means such greater or lesser amount as may be

  • Subscribers shall have the meaning set forth in the section of this Escrow Agreement titled “Background.”

  • Subscription Services means SAP’s then-current subscription services offered under and described in detail in the applicable SAP PartnerEdge Model.

  • Subscription Plan means a fixed term plan which relates to the Licensed Services as specified in the PGi Service Agreement