Organisational Expenses means the organisational expenses incurred by the ICAV in the formation and establishment of the ICAV or a Class and the raising of its share capital including without limitation the fees of the professional advisers of the ICAV, commissions payable to brokers and others for underwriting, placing, selling, guaranteeing or procuring the underwriting, placing or selling of or guaranteeing the subscription for any shares, debentures or securities of the ICAV and any costs or expenses (whether incurred directly by the ICAV or not) incurred in connection therewith or with any subsequent application for a listing or quotation of any of the Participating Shares on any exchange or any application for registration, authorisation or recognition of the ICAV in any country and any other expenses which the Directors consider to be in the nature of such expenses.
Organisational Expenses means out-of-pocket costs and expenses incurred by the Management Company and any of its affiliates for the purposes of structuring and establishing the Fund.
Organisational Expenses means all costs incurred in connection with the
Examples of Organisational Expenses in a sentence
Any Organisational Expenses attributable to one or more Funds shall be allocated between the relevant Funds pro rata and shall be subject to such adjustment following the establishment of new Funds as the Directors may determine.
The Fund will reimburse the Investment Manager for Organisational Expenses incurred on behalf of the Fund up to a limit of US Dollars 75,000.
The search performance, however, is limited by severe require- ments related to the computational burden and communica- tion bandwidth [11, 13, 19].
The total net assets of the Fund will result from the difference between the gross assets (including the market value of Investments owned by the Fund) and the liabilities of the Fund based on a consolidated view, provided that the Organisational Expenses will be amortised over a period of five (5) years rather than expensed in full when they are incurred.
Organisational Expenses shall be capitalized and be depreciated in accordance with the applicable provisions of Dutch GAAP in five years.
More Definitions of Organisational Expenses
Organisational Expenses means the costs of registration, incorporation and launch of the Fund; “Other Expenses” means the fees, costs and expenses in connection with the ongoing operations of the Fund, excluding the Administrator Fee, the Custodian Fee and the Oversight Fee, but including the Auditor’s fees, and other fees, costs and expenses incurred in the operation and administration of the Fund; “Oversight Committee” means the panel or board appointed to oversee and supervise the Fund Manager as required under the CIL and the CIR; “Oversight Fee” means the fee paid to the Oversight Committee in consideration of its services; “Prohibited Person(s)” means any person, firm, partnership or corporate body, if in the sole opinion of the Fund, such holding may be detrimental to the interests of the existing Shareholders or of the Fund, if it may result in a breach of any law or regulation, whether in the DIFC, the UAE or otherwise, or if as a result thereof the Fund may become exposed to tax disadvantages, fines or penalties that it would not have otherwise incurred. US Persons are considered Prohibited Persons in the Fund; “Prospectus” means this prospectus, as may be amended, updated or supplemented from time to time; “Redemption Fee” means, in relation to the redemption of Shares, an amount payable by an applicant upon the redemption of such Shares, as described in the section headed “Key Terms of the Fund”; “Redemption Day” means a Valuation Day when a Share may be redeemed, described in the section headed “Key Terms of the Fund”; “Redemption Gate” means a limit to the number or value amount of a Class of Shares or of the Fund that may be redeemed as of any Redemption Day, as may be described in this Prospectus; “Redemption Price” means the price at which Shares will be redeemed, as further described in the section headed “Key Terms of the Fund”; “Related Party” means any of the following persons:
Organisational Expenses means the organisational expenses incurred by the ICAV
Organisational Expenses means such expenses as further described in the relevant Prospectus or relevant Supplement.
Organisational Expenses means the Fund’s pro rata share (based on Aggregated Capital Commitments) of all costs, fees and expenses (together with any applicable VAT thereon) directly or indirectly incurred in connection with the organization, funding and start-up of the Fund, the General Partner, the Special Limited Partner and any affiliated management company, in each case as determined in good faith by the General Partner, including all Placement Fees and all out-of-pocket legal, accounting, printing, travel (including, the cost of private air travel above the cost of first class and/or business commercial airfare when commercial travel is unavailable or not convenient (as reasonably determined by the General Partner)), lodging, meals, entertainment, mailing, courier, capital raising, regulatory compliance, initial and/or preliminary registrations notifications, filings and compliance and other offering requirements (including, to the extent relevant, those contemplated by the AIFMD) and administrative or filing costs, fees and expenses, and any other organisational costs, fees and expenses (including costs, fees and expenses incurred in the preparation of, and negotiations with respect to, this Agreement, Subscription Agreements and any Side Letters).
Organisational Expenses means the organisational expenses as further described in the Special Section for the relevant Sub-Fund.
Organisational Expenses means those costs and expenses referred to in Clause 24.1.