Organizational Expenses definition

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

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

• Organizational Expenses: Organization expenses will be paid from capital contributions called from the holders of Common Membership Interests.

• The Fund shall invest cash held by the Fund pending investment in Portfolio Investments, distribution or payment of Management Fees, Organizational Expenses or other Fund Expenses only in Temporary Investments.

• If the Organizational Expenses exceed 3.5% of the aggregate Capital Contributions, the Manager shall pay such excess.

• Operational Expenses exclude the Organizational Expenses and costs to develop Database IP, which are the responsibility of the Manager.

• Notwithstanding the foregoing, the Partnership shall not be responsible for any Organizational Expenses incurred during the Initial Offering Period in excess of $2.5 million; any Organizational Expenses in excess of such amount incurred during the Initial Offering period shall be the responsibility of the Managing General Partner and its Affiliates.

More Definitions of Organizational Expenses

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 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 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 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.

Organizational Expenses. As defined in Section 7.6.