Common use of Audit Expenses Clause in Contracts

Audit Expenses. The Target Company’s reasonable, documented, out-of-pocket fees and expenses related to the preparation of the Target Company’s audited financial statements in connection with SPAC Merger or of an IPO shall be paid by Holdings or its Affiliates to the Target Representative, up to $100,000, for further distribution to the Target Company Members, at the closing of a SPAC Merger or at the effective time of an IPO, as the case may be.

Audit Expenses. The Target Company’s reasonable, documented, reasonable out-of-pocket fees and expenses related to the preparation of the Target Company’s audited financial statements in connection with SPAC Merger or of an IPO shall be paid by Holdings or its Affiliates to the Target Seller Representative, up to $100,000, for further distribution to the Target Company MembersSellers, at the closing of a SPAC Merger or at the effective time of an IPO, as the case may be.

Audit Expenses. The Target Company’s reasonable, documented, out-of-pocket fees and expenses related to the preparation of the Target Company’s reviewed and/or audited financial statements in connection with this Agreement, the SPAC Merger or of an IPO shall be paid by Holdings or its Affiliates to the Target Representative, up to $100,000, for further distribution to the Target Company MembersStockholders, at the closing of a SPAC Merger or at the effective time of an IPO, as the case may be.

Audit Expenses. The Target Company’s reasonable, documented, out-of-pocket fees and expenses related to the preparation of the Target Company’s audited financial statements in connection with a SPAC Merger or of an IPO shall be paid by Holdings or its Affiliates to the Target Member Representative, up to $100,000, for further distribution to the Target Company Members, at the closing of a SPAC Merger or at the effective time of an IPO, as the case may be.

Audit Expenses. The Target Company’s reasonable, documented, out-of-pocket fees and expenses related to the preparation of the Target Company’s audited financial statements in connection with SPAC Merger or of an IPO shall be paid by Holdings or its Affiliates to the Target Representative, up to $100,000, for further distribution to the Target Company MembersStockholders, at the closing of a SPAC Merger or at the effective time of an IPO, as the case may be.