Audit Expenses. The Target Company’s 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 Seller Representative, up to $100,000, for further distribution to the Sellers, at the closing of a SPAC Merger or at the effective time of an IPO, as the case may be.
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Samples: Equity Purchase Agreement (AIRO Group, Inc.), Equity Purchase Agreement (AIRO Group, Inc.)
Audit Expenses. The Target Company’s reasonable 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 Seller Target Representative, up to $100,000, for further distribution to the SellersTarget Company Members, at the closing of a SPAC Merger or at the effective time of an IPO, as the case may be.
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Samples: Agreement and Plan of Merger (AIRO Group, Inc.), Agreement and Plan of Merger (AIRO Group, Inc.)
Audit Expenses. The Target Company’s reasonable 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 Seller Target Representative, up to $100,000, for further distribution to the SellersTarget Company Stockholders, at the closing of a SPAC Merger or at the effective time of an IPO, as the case may be.
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Audit Expenses. The Target Company’s reasonable 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 Seller Member Representative, up to $100,000, for further distribution to the SellersTarget Company Members, at the closing of a SPAC Merger or at the effective time of an IPO, as the case may be.
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Audit Expenses. The Target Company’s reasonable 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 Seller Target Representative, up to $100,000, for further distribution to the SellersTarget Company Stockholders, at the closing of a SPAC Merger or at the effective time of an IPO, as the case may be.
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