Organizational Expenses definition

Organizational Expenses has the meaning set forth in Section 4.02(a)(i).

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Organizational Expenses means (i) all organizational expenses of the Fund and expenses incurred in connection with the formation of the Fund and (ii) all expenses of the Fund incurred in connection with the preparation and negotiation of this Agreement.

Organizational Expenses means the expenses incurred by the Fund in connection with its formation, its initial registration as an investment company under the Investment Company Act, and the initial offering of Interests.

Examples of Organizational Expenses in a sentence

Notwithstanding anything herein to the contrary, distributions may be adjusted by the General Partner, in its discretion, to the extent necessary to reflect any amortization of Organizational Expenses.
Notwithstanding anything herein to the contrary, allocations of Net Income (Loss) of the Partnership may be adjusted by the General Partner, in its discretion, to the extent necessary to reflect any amortization of Organizational Expenses.
Notwithstanding anything herein to the contrary, Capital Accounts may be adjusted by the General Partner, in its discretion, to the extent necessary to reflect any amortization of Organizational Expenses.
In connection with each Capital Contribution due on or around a Fiscal Quarter-end, a Partner shall be issued Units based on the Net Asset Value as of such Fiscal Quarter-end (as adjusted for any amortization of Organizational Expenses).

More Definitions of Organizational Expenses

Organizational Expenses means the expenses incurred by the Company in connection with its formation and registration as an investment company under the 1940 Act.

Organizational Expenses shall have the meaning set forth in Section 7.2 hereof.

Organizational Expenses means all fees, costs and expenses reasonably and properly incurred by the General Partner or its Affiliates in connection with the formation of the Fund, including travel, meals and lodging/accommodation related thereto (but not including entertainment expenses or the costs of private air travel) and the costs of compliance with a “most favored nations” process, and excluding the fees or expenses of any placement agents.

Organizational Expenses means all reasonable out-of-pocket costs and expenses incurred in connection with the organization of the Partnership and the offering of Units, including, without limitation, any related legal, accounting, consulting, and filing costs.

Organizational Expenses. As defined in Section 7.6.

Organizational Expenses means up to the Organizational Expenses Cap in fees, costs and expenses, including that of counsel to General Partner, incurred in connection with the organization of the Fund and the offering of Partnership Interests.

Organizational Expenses means the expenses, including initial registration fees with the SEC, incurred by the Fund in connection with its formation, its initial registration as an investment company under the 1940 Act, and the initial offering of Units.