Organization Expenses definition

Organization Expenses means those expenses incurred, either by the Company, on behalf of the Company or for which the Company has agreed to make reimbursement, in connection with the formation of the Company including such expenses as: (i) registration fees, filing fees, and taxes; and (ii) legal fees incurred in connection with any of the foregoing.

Organization Expenses means the aggregate of all Offering Expenses, including Selling Commissions and the Marketing Contribution.

Organization Expenses means those expenses incurred in connection with the formation, qualification and registration of the Trust, any Fund and the Shares under applicable U.S. federal and state law, and any other expenses actually incurred and, directly or indirectly, related to the organization of the Trust or any Fund or the offering of a Fund’s Shares prior to the time such Shares begin trading on an Exchange, including, but not limited to, expenses such as: (i) initial registration fees, prepaid licensing fees, filing fees, escrow fees and taxes, (ii) costs of preparing, printing (including typesetting), amending, supplementing, mailing and distributing the Registration Statement, the Exhibits thereto and the Prospectus for a Fund, (iii) the costs of qualifying, printing, (including typesetting), amending, supplementing, mailing and distributing sales materials used in connection with the offering and issuance of the Shares of a Fund, (iv) travel, telegraph, telephone and other expenses in connection with the offering and issuance of the Shares of a Fund, and (v) accounting, auditing and legal fees (including disbursements related thereto) incurred in connection therewith.

Examples of Organization Expenses in a sentence

• Any Offering and Organization Expenses or Acquisition Fees and Acquisition Expenses incurred by the Company in excess of the permitted limits set forth in this Section 8.4 shall be payable to the Company by the Advisor immediately upon demand of the Company.

• The Advisor shall pay (without the right of reimbursement from the Company) any Offering and Organization Expenses in the initial offering of Shares or Units which, exclusive of the Selling Commissions and Marketing Expense Allowance, exceed 3% of gross offering proceeds.

• The Company shall reimburse the Managers or their Affiliates for: (i) all Organization Expenses incurred by the Managers or their Affiliates in connection with the formation of the Company; (ii) the actual costs to the Managers or their Affiliates of goods, services, and materials used for and by the Company; and (iii) all reasonable travel and other out-of-pocket expenses incurred by the Managers in the development and management of the Company and its business.

• The Offering and Organization Expenses paid by the Company in connection with the Company’s formation or the offering of its Shares, Units or other Securities shall in each case be reasonable and in no event exceed an amount equal to 15% of the gross proceeds raised in any such offering.

• The Offering and Organization Expenses paid by the Company in connection with the Company's formation or the offering of its Shares or other Securities shall in each case be reasonable and in no event exceed an amount equal to 15% of the gross proceeds raised in any such offering.

More Definitions of Organization Expenses

Organization Expenses means those expenses incurred in connection with the formation of the Company.

Organization Expenses means the fees, costs and expenses of and incidental to the formation of the Partnership and the General Partner and the licensing of the Partnership as an SBIC.

Organization Expenses means those expenses incurred, either by the Partnership or for which the Partnership has agreed to make reimbursement, in connection with the formation of the Partnership which shall be subject to the reasonable approval of the Investor Representatives and which shall include such expenses as: (i) registration fees, filing fees, and taxes; and (ii) legal and accounting fees incurred in connection with any of the foregoing.

Organization Expenses means all of the out-of-pocket expenses incurred in connection with the organization and formation of the Company such as filing fees and costs and other costs and fees of the Members and their advisors.

Organization Expenses means all expenses incurred by the Partnership or Mauna Loa in connection with the organization of the Partnership, the transfer of the Original Xxxxxxx Xxxxxxxxxx to the Partnership and the Initial Offering.

Organization Expenses means those expense incurred in connection with the formation of the Company as further described in paragraph 8(i).

Organization Expenses means the reasonable out-of-pocket expenses incurred by the General Partner in connection with the organization of the Partnership (including, without limitation, fees and disbursements of attorneys and other professionals and other fees and expenses).