Net Subscription Proceeds definition

Net Subscription Proceeds means the gross proceeds to the Company from the sale of the Preferred Shares less the costs of this Offering and the Sales Fee;
Net Subscription Proceeds means the gross proceeds to the Company from the sale of the Preferred Shares less the costs of this Offering and any sales fees or dealer fees;
Net Subscription Proceeds means the gross proceeds to the Trust from the sale of the Units, less the payment of any costs associated with the closing of the offering, including legal expenses, and any other costs.

Examples of Net Subscription Proceeds in a sentence

  • Pending the acquisition of Additional Properties during the remainder of the Investment Period, the Net Subscription Proceeds and other funds not fully invested in the Properties from time to time will be held in cash (or cash equivalents) or exempt securities.

  • Banco Bilbao Vizcaya Argentaria, S.A. as Counterparty in respect of the Securities (the "Counterparty"), hereby gives notice that, pursuant to Condition 4(b)(i), the Counterparty requests the substitution of the following Charged Assets on [Insert date for substitution]1 (the "Substitution Date"): Cash to be substituted [Insert amount of cash to be substituted in respect of any Net Subscription Proceeds in the Cash Deposit Account or Collateral Securities Redemption Proceeds.

  • Pending the deployment for the uses identified above, the Net Subscription Proceeds and Net Option Proceeds (collectively, the “Net Proceeds”) may be deposited with banks and/or financial institutions or invested in money market instruments and/or securities, or used for any other purpose on a short-term basis, as the Directors may in their absolute discretion deem fit.

  • See “Fund Structure – Intercorporate Relationships”.5.3 The Properties The Manager intends to invest the Net Subscription Proceeds in the acquisition, ownership, renovation and leasing of Additional Properties.

  • The table above includes an estimated reserve of approximately 1.5% of Net Subscription Proceeds, less expenses of the Offering.


More Definitions of Net Subscription Proceeds

Net Subscription Proceeds means the gross proceeds to the Trust from the sale of the Units less the costs of this Offering and any applicable fees;
Net Subscription Proceeds means the Gross Subscription Proceeds minus the Total Agents’ Fee;
Net Subscription Proceeds means the gross proceeds to the Company from the sale of the Preferred Shares less the costs of this Offering; “Offering” means this offering of up to 20,000,000 Preferred Shares;
Net Subscription Proceeds means the gross proceeds to the Corporation from the sale of the Class A Shares less the costs of this Offering and any sales fees;
Net Subscription Proceeds means the Gross Subscription Proceeds minus the Agents’ Fee; “NI 51-102” means National Instrument 51-102 Continuous Disclosure Obligations;
Net Subscription Proceeds means the net proceeds received by the Realty Trust from the issuance of Trust Units and the advance of the Mortgage Loan, after any payment by the Realty Trust directly and pursuant to the Cost Sharing and Recovery Agreement of any Agents’ Commission, fees and expenses and the other expenses of this Offering;
Net Subscription Proceeds means the gross proceeds received by the Trust from the issuance of the Units pursuant to the Offering and any concurrent private placements, minus the Agents’ Fee;