{"component": "clause", "props": {"groups": [{"size": 25, "samples": [{"hash": "2iC2iHsJQ4d", "uri": "/contracts/2iC2iHsJQ4d#expense-fund", "label": "Agreement and Plan of Merger (TILT Holdings Inc.)", "score": 33.4188919067, "published": true}, {"hash": "9RaBf0PJV3t", "uri": "/contracts/9RaBf0PJV3t#expense-fund", "label": "Agreement and Plan of Merger (TILT Holdings Inc.)", "score": 33.2956886292, "published": true}, {"hash": "fwjnObkoaD", "uri": "/contracts/fwjnObkoaD#expense-fund", "label": "Merger Agreement", "score": 26.5961666107, "published": true}], "snippet": "In furtherance of the foregoing, at the Closing, an amount in cash equal to the Expense Fund shall be withheld from the portion of the Estimated Purchase Price payable to the holders of Purchased Equity at Closing and deposited into an account designated by the Sellers\u2019 Representative. The Expense Fund shall be held and administered by the Sellers\u2019 Representative in accordance with the terms of this Section 12.14. The Sellers\u2019 Representative, in his sole discretion, shall have the right to pay (or reimburse himself to the extent he has advanced) the out-of-pocket costs and expenses associated with the performance of his duties hereunder (including legal fees and costs) (collectively, \u201cSeller Expenses\u201d) from the Expense Fund. The Sellers will not receive any interest or earnings on the Expense Fund and irrevocably transfer and assign to the Sellers\u2019 Representative any ownership right that they may otherwise have had in any such interest or earnings. The Sellers\u2019 Representative will not be liable for any loss of principal of the Expense Fund other than as a result of his gross negligence or willful misconduct. The Sellers\u2019 Representative shall (i) maintain the Expense Fund in an account maintained solely for such Expense Fund and no other funds, (ii) and shall disburse the funds in such account exclusively in accordance with this Agreement. If at any time the balance of the Expense Fund is insufficient to pay or reimburse the full amount of Seller Expenses, then the Sellers\u2019 Representative shall have the right to charge the excess to the Sellers, with each Seller being severally liable for the excess amounts pro rata has described above. At such time or times as the Sellers\u2019 Representative determines, in his reasonable judgment, that the remaining balance in the Expense Fund exceeds the amount required to cover the Seller Expenses that he reasonably expects to be incurred, the Sellers\u2019 Representative shall distribute the excess funds to the Sellers.", "snippet_links": [{"key": "the-foregoing", "type": "definition", "offset": [18, 31]}, {"key": "at-the-closing", "type": "clause", "offset": [33, 47]}, {"key": "equal-to", "type": "definition", "offset": [67, 75]}, {"key": "payable-to", "type": "definition", "offset": [160, 170]}, {"key": "holders-of", "type": "clause", "offset": [175, 185]}, {"key": "purchased-equity", "type": "definition", "offset": [186, 202]}, {"key": "at-closing", "type": "clause", "offset": [203, 213]}, {"key": "by-the-sellers", "type": "clause", "offset": [255, 269]}, {"key": "in-accordance-with", "type": "definition", "offset": [366, 384]}, {"key": "terms-of", "type": "clause", "offset": [389, 397]}, {"key": "sole-discretion", "type": "clause", "offset": [454, 469]}, {"key": "right-to-pay", "type": "clause", "offset": [486, 498]}, {"key": "to-the-extent", "type": "clause", "offset": [521, 534]}, {"key": "associated-with", "type": "definition", "offset": [589, 604]}, {"key": "performance-of-his-duties", "type": "definition", "offset": [609, 634]}, {"key": "legal-fees-and-costs", "type": "clause", "offset": [656, 676]}, {"key": "seller-expenses", "type": "clause", "offset": [694, 709]}, {"key": "transfer-and-assign", "type": "clause", "offset": [825, 844]}, {"key": "to-the-sellers", "type": "clause", "offset": [845, 859]}, {"key": "ownership-right", "type": "clause", "offset": [880, 895]}, {"key": "loss-of", "type": "definition", "offset": [1018, 1025]}, {"key": "principal-of", "type": "definition", "offset": [1026, 1038]}, {"key": "gross-negligence-or-willful-misconduct", "type": "definition", "offset": [1086, 1124]}, {"key": "other-funds", "type": "clause", "offset": [1251, 1262]}, {"key": "funds-in", "type": "definition", "offset": [1292, 1300]}, {"key": "this-agreement", "type": "clause", "offset": [1345, 1359]}, {"key": "at-any-time", "type": "clause", "offset": [1364, 1375]}, {"key": "balance-of-the", "type": "clause", "offset": [1380, 1394]}, {"key": "pay-or-reimburse", "type": "clause", "offset": [1427, 1443]}, {"key": "of-seller", "type": "clause", "offset": [1460, 1469]}, {"key": "right-to-charge", "type": "clause", "offset": [1528, 1543]}, {"key": "the-excess", "type": "clause", "offset": [1544, 1554]}, {"key": "each-seller", "type": "definition", "offset": [1576, 1587]}, {"key": "excess-amounts", "type": "clause", "offset": [1619, 1633]}, {"key": "pro-rata", "type": "clause", "offset": [1634, 1642]}, {"key": "remaining-balance", "type": "clause", "offset": [1766, 1783]}, {"key": "amount-required", "type": "clause", "offset": [1816, 1831]}, {"key": "distribute-the", "type": "clause", "offset": [1938, 1952]}, {"key": "excess-funds", "type": "definition", "offset": [1953, 1965]}], "hash": "374f11e178cb0a69456f7b59a737c93d", "id": 1}, {"size": 20, "samples": [{"hash": "cDZYqjSgubW", "uri": "/contracts/cDZYqjSgubW#expense-fund", "label": "Funding Loan Agreement", "score": 34.3939399719, "published": true}, {"hash": "dooUVnPuB8O", "uri": "/contracts/dooUVnPuB8O#expense-fund", "label": "Funding Loan Agreement", "score": 34.142868042, "published": true}], "snippet": "The Fiscal Agent shall deposit in the Expense Fund the amounts required by the Regulatory Agreement or the Borrower Loan Agreement to be paid by the Borrower to the Governmental Lender or the Fiscal Agent. Amounts on deposit in the Expense Fund shall be used to pay the fees and expenses of the Governmental Lender and the Fiscal Agent, as and when the same become due. In that regard, moneys in the Expense Fund shall be withdrawn or maintained, as appropriate, by the Fiscal Agent to pay (i) at the Written Direction of the Governmental Lender, the Governmental Lender Fee, (ii) on each July 1, commencing July 1, 2024, to the Fiscal Agent amounts due pursuant to subpart (a) of the definition of \"Fiscal Agent\u2019s Fees\" herein, (iii) upon receipt, to the Fiscal Agent, any amounts due to the Fiscal Agent which have not been paid, other than amounts paid in accordance with clause (ii) hereof, and (iv) upon receipt, to, or at the Written Direction of, the Governmental Lender, any amounts owing the Governmental Lender by the Borrower and then due and unpaid, other than amounts paid in accordance with clause (i) hereof. In the event that the amounts on deposit in the Expense Fund are not equal to the amounts payable from the Expense Fund as provided in the preceding paragraph on any date on which such amounts are due and payable, the Fiscal Agent shall give notice to the Borrower of such deficiency and of the amount of such deficiency and request payment within two Business Days to the Fiscal Agent of the amount of such deficiency. Written notice of any insufficiency, which results in the Governmental Lender not receiving the Governmental Lender Fee on the applicable due date, shall be provided by the Fiscal Agent to the Governmental Lender (with a copy to the Borrower and the Funding Lender) within 10 days of the respective due date. Notwithstanding anything herein to the contrary, the Fiscal Agent, on behalf of the Governmental Lender, shall prepare and submit a written invoice to the Borrower for payment of the Governmental Lender Fee not later than 30 days prior to the due date for payment of such the Governmental Lender Fee, and shall remit moneys received by the Borrower to the Governmental Lender for payment of such fee.", "snippet_links": [{"key": "agent-shall", "type": "definition", "offset": [11, 22]}, {"key": "required-by", "type": "definition", "offset": [63, 74]}, {"key": "agreement-or", "type": "definition", "offset": [90, 102]}, {"key": "agreement-to-be", "type": "clause", "offset": [121, 136]}, {"key": "by-the-borrower", "type": "clause", "offset": [142, 157]}, {"key": "the-governmental", "type": "clause", "offset": [161, 177]}, {"key": "on-deposit", "type": "definition", "offset": [214, 224]}, {"key": "to-pay", "type": "clause", "offset": [259, 265]}, {"key": "expenses-of-the", "type": "clause", "offset": [279, 294]}, {"key": "written-direction", "type": "clause", "offset": [501, 518]}, {"key": "governmental-lender-fee", "type": "definition", "offset": [551, 574]}, {"key": "amounts-due", "type": "clause", "offset": [642, 653]}, {"key": "pursuant-to", "type": "clause", "offset": [654, 665]}, {"key": "the-definition-of", "type": "definition", "offset": [681, 698]}, {"key": "upon-receipt", "type": "clause", "offset": [735, 747]}, {"key": "in-accordance-with", "type": "definition", "offset": [856, 874]}, {"key": "amounts-owing", "type": "clause", "offset": [983, 996]}, {"key": "in-the-event", "type": "clause", "offset": [1124, 1136]}, {"key": "equal-to", "type": "definition", "offset": [1193, 1201]}, {"key": "amounts-payable", "type": "clause", "offset": [1206, 1221]}, {"key": "due-and-payable", "type": "clause", "offset": [1321, 1336]}, {"key": "notice-to-the-borrower", "type": "clause", "offset": [1366, 1388]}, {"key": "business-days", "type": "definition", "offset": [1476, 1489]}, {"key": "notice-of-any", "type": "clause", "offset": [1552, 1565]}, {"key": "the-applicable", "type": "clause", "offset": [1667, 1681]}, {"key": "the-funding-lender", "type": "clause", "offset": [1790, 1808]}, {"key": "on-behalf-of", "type": "clause", "offset": [1920, 1932]}, {"key": "invoice-to", "type": "clause", "offset": [1993, 2003]}, {"key": "payment-of-the", "type": "clause", "offset": [2021, 2035]}, {"key": "prior-to-the", "type": "clause", "offset": [2083, 2095]}, {"key": "due-date-for-payment", "type": "clause", "offset": [2096, 2116]}, {"key": "received-by", "type": "definition", "offset": [2177, 2188]}], "hash": "ae370938dea531c4e022e9f25beac985", "id": 2}, {"size": 9, "samples": [{"hash": "kkIIIDQGNJ4", "uri": "/contracts/kkIIIDQGNJ4#expense-fund", "label": "Merger Agreement (Under Armour, Inc.)", "score": 26.1362075806, "published": true}, {"hash": "lzrJRHdRWNZ", "uri": "/contracts/lzrJRHdRWNZ#expense-fund", "label": "Merger Agreement (Under Armour, Inc.)", "score": 26.0924034119, "published": true}], "snippet": "The Securityholders\u2019 Agent (for itself and its Representatives and Affiliates) shall be entitled to full reimbursement from the Effective Time Holders for all reasonable expenses, disbursements and advances (including fees and disbursements of its counsel, experts and other agents and consultants) incurred by the Securityholders\u2019 Agent in such capacity (or any of its Representatives or Affiliates in connection therewith), and to full indemnification against any loss, liability or expenses, claim, damage, fee, cost, fine, judgment, amount paid in settlement or expenses (including fees, disbursements and costs of counsel and other skilled professionals and in connection with seeking recovery from insurers) arising out of actions taken or omitted to be taken in its capacity as Securityholders\u2019 Agent (except for those arising out of the Securityholders\u2019 Agent\u2019s gross negligence or willful misconduct), including the costs and expenses of investigation and defense of claims (the \u201cSecurityholders\u2019 Agent Expenses\u201d), from the Effective Time Holders, including from funds paid to the Securityholders\u2019 Agent under this Agreement and/or otherwise received by it in its capacity as Securityholders\u2019 Agent, or funds to be distributed to the Effective Time Holders under this Agreement at its direction, pursuant to or in connection with this Agreement (including under the Escrow Agreement). In furtherance of the foregoing, each Effective Time Holder hereby authorizes the Payment Agent to withhold the Expense Amount from the amounts otherwise payable by the Payment Agent to the Effective Time Holders pursuant to Sections 1.5 and 1.6(a), with the Payment Agent to withhold from the Merger Consideration otherwise payable to each Effective Time Holder and distribute to the Securityholders\u2019 Agent an amount equal to the Expense Amount, and the Payment Agent shall promptly, and in any event within three Business Days following the Effective Time, pay the Expense Amount to the Securityholders\u2019 Agent in immediately available funds. The Expense Amount shall be retained and used by the Securityholders\u2019 Agent in connection with the performance of its duties and obligations under this Agreement and the Escrow Agreement, and any unused amounts remaining from the Expense Amount shall be paid by the Securityholders\u2019 Agent to the Payment Agent for distribution to the Effective Time Holders, in accordance with their respective Pro Rata Shares, at such time as the Securityholders\u2019 Agent determines in its sole discretion to be appropriate. In addition, following exhaustion of the Expense Amount, each Effective Time Holder hereby authorizes the Securityholders\u2019 Agent to instruct the Escrow Agent to deduct from any amounts to be released from the Escrow Fund and distributed to such Effective Time Holder in accordance with the Escrow Agreement an amount equal to such Effective Time Holder\u2019s Pro Rata Share of any amounts to which the Securityholders\u2019 Agent is entitled pursuant to this Section 10.1(e). If not recovered from the Expense Amount or the Escrow Fund, any Securityholders\u2019 Agent Expenses shall be recovered directly from the Effective Time Holders according to their Pro Rata Shares. The Effective Time Holders shall not receive interest or other earnings on the Expense Amount and the Effective Time Holders irrevocably transfer and assign to the Securityholders\u2019 Agent any ownership right that they may have in any interest that may accrue on the Expense Amount. The Securityholders\u2019 Agent will hold the Expense Amount separate from its corporate funds and will not voluntarily make it available to its creditors in the event of bankruptcy. The Effective Time Holders acknowledge that the Securityholders\u2019 Agent is not providing any investment supervision, recommendations or advice. The Securityholders\u2019 Agent shall have no responsibility or liability for any loss of principal of the Expense Amount other than as a result of its gross negligence or willful misconduct. For tax purposes, the Expense Amount shall be treated as having been received and voluntarily set aside by the Effective Time Holders at the Effective Time. The parties agree that the Securityholders\u2019 Agent is not acting as a withholding agent or in any similar capacity in connection with the Expense Amount and has no tax reporting or income distribution obligations hereunder. The Effective Time Holders acknowledge that the Securityholders\u2019 Agent shall not be required to expend or risk its own funds or otherwise incur any financial liability in the exercise or performance of any of its powers, rights, duties or privileges or administration of its duties.", "snippet_links": [{"key": "representatives-and-affiliates", "type": "clause", "offset": [47, 77]}, {"key": "full-reimbursement", "type": "clause", "offset": [100, 118]}, {"key": "effective-time-holders", "type": "definition", "offset": [128, 150]}, {"key": "reasonable-expenses", "type": "definition", "offset": [159, 178]}, {"key": "fees-and-disbursements", "type": "clause", "offset": [218, 240]}, {"key": "other-agents", "type": "clause", "offset": [269, 281]}, {"key": "full-indemnification", "type": "clause", "offset": [433, 453]}, {"key": "any-loss", "type": "definition", "offset": [462, 470]}, {"key": "amount-paid", "type": "clause", "offset": [537, 548]}, {"key": "costs-of-counsel", "type": "clause", "offset": [610, 626]}, {"key": "in-connection-with", "type": "clause", "offset": [663, 681]}, {"key": "arising-out-of", "type": "definition", "offset": [714, 728]}, {"key": "actions-taken", "type": "clause", "offset": [729, 742]}, {"key": "gross-negligence-or-willful-misconduct", "type": "definition", "offset": [870, 908]}, {"key": "expenses-of", "type": "clause", "offset": [935, 946]}, {"key": "defense-of-claims", "type": "clause", "offset": [965, 982]}, {"key": "agent-expenses", "type": "clause", "offset": [1006, 1020]}, {"key": "agent-under-this-agreement", "type": "clause", "offset": [1107, 1133]}, {"key": "received-by", "type": "definition", "offset": [1151, 1162]}, {"key": "the-escrow-agreement", "type": "clause", "offset": [1371, 1391]}, {"key": "the-foregoing", "type": "definition", "offset": [1412, 1425]}, {"key": "payment-agent", "type": "definition", "offset": [1476, 1489]}, {"key": "expense-amount", "type": "clause", "offset": [1506, 1520]}, {"key": "pursuant-to-sections", "type": "clause", "offset": [1607, 1627]}, {"key": "the-merger-consideration", "type": "clause", "offset": [1684, 1708]}, {"key": "payable-to", "type": "definition", "offset": [1719, 1729]}, {"key": "distribute-to", "type": "clause", "offset": [1761, 1774]}, {"key": "equal-to", "type": "definition", "offset": [1812, 1820]}, {"key": "agent-shall", "type": "definition", "offset": [1857, 1868]}, {"key": "business-days", "type": "definition", "offset": [1909, 1922]}, {"key": "following-the-effective-time", "type": "clause", "offset": [1923, 1951]}, {"key": "immediately-available-funds", "type": "clause", "offset": [2009, 2036]}, {"key": "the-performance", "type": "clause", "offset": [2133, 2148]}, {"key": "obligations-under-this-agreement", "type": "clause", "offset": [2167, 2199]}, {"key": "amounts-remaining", "type": "clause", "offset": [2241, 2258]}, {"key": "for-distribution", "type": "clause", "offset": [2348, 2364]}, {"key": "in-accordance-with", "type": "definition", "offset": [2396, 2414]}, {"key": "pro-rata-shares", "type": "definition", "offset": [2432, 2447]}, {"key": "sole-discretion", "type": "clause", "offset": [2510, 2525]}, {"key": "in-addition", "type": "clause", "offset": [2545, 2556]}, {"key": "the-escrow-agent", "type": "definition", "offset": [2686, 2702]}, {"key": "amounts-to-be", "type": "clause", "offset": [2722, 2735]}, {"key": "the-escrow-fund", "type": "clause", "offset": [2750, 2765]}, {"key": "according-to", "type": "definition", "offset": [3169, 3181]}, {"key": "transfer-and-assign", "type": "clause", "offset": [3342, 3361]}, {"key": "ownership-right", "type": "clause", "offset": [3396, 3411]}, {"key": "corporate-funds", "type": "clause", "offset": [3560, 3575]}, {"key": "available-to", "type": "definition", "offset": [3609, 3621]}, {"key": "in-the-event-of-bankruptcy", "type": "clause", "offset": [3636, 3662]}, {"key": "liability-for", "type": "clause", "offset": [3866, 3879]}, {"key": "loss-of", "type": "definition", "offset": [3884, 3891]}, {"key": "principal-of", "type": "definition", "offset": [3892, 3904]}, {"key": "tax-purposes", "type": "clause", "offset": [3998, 4010]}, {"key": "having-been", "type": "clause", "offset": [4051, 4062]}, {"key": "set-aside", "type": "clause", "offset": [4088, 4097]}, {"key": "at-the-effective-time", "type": "clause", "offset": [4128, 4149]}, {"key": "the-parties-agree-that", "type": "clause", "offset": [4151, 4173]}, {"key": "withholding-agent", "type": "definition", "offset": [4220, 4237]}, {"key": "tax-reporting", "type": "clause", "offset": [4314, 4327]}, {"key": "distribution-obligations", "type": "clause", "offset": [4338, 4362]}, {"key": "own-funds", "type": "clause", "offset": [4489, 4498]}, {"key": "financial-liability", "type": "clause", "offset": [4522, 4541]}, {"key": "administration-of", "type": "clause", "offset": [4627, 4644]}], "hash": "2f8dd4ab16876ef82f5bd67dc172f29b", "id": 3}, {"size": 9, "samples": [{"hash": "bvxB6ktLlSO", "uri": "/contracts/bvxB6ktLlSO#expense-fund", "label": "Merger Agreement (Merit Medical Systems Inc)", "score": 30.1608486176, "published": true}], "snippet": "On the Closing Date, Parent shall deposit the Expense Fund Distribution Amount in immediately available funds with the Securityholders\u2019 Representative, to be used (i) for paying directly or reimbursing the Securityholders\u2019 Representative for any expenses incurred by it arising from its obligations hereunder or under the Escrow Agreement or (ii) as otherwise directed by the Advisory Group. The Securityholders\u2019 Representative is not providing any investment supervision, recommendations or advice and shall have no responsibility or liability for any loss of principal of the Expense Fund Distribution Amount other than as a result of its gross negligence or willful misconduct. The Securityholders\u2019 Representative is not acting as a withholding agent or in any similar capacity in connection with the Expense Fund Distribution Amount and has no tax reporting or income distribution obligations. The Company Stakeholders will not receive any interest on the Expense Fund Distribution Amount and assign to the Securityholders\u2019 Representative any such interest. Subject to Advisory Group approval, the Securityholders\u2019 Representative may contribute funds to the Expense Fund Distribution Amount from any consideration otherwise distributable to the Company Stakeholders. The Expense Fund Distribution Amount shall be retained in whole or in part by or on behalf of the Company Stakeholders until such time as the Securityholders\u2019 Representative shall determine in its sole discretion, at which time the Securityholders\u2019 Representative shall promptly distribute the remaining Expense Fund Distribution Amount to the Paying Agent or the Surviving Corporation, as applicable, for distribution to the Company Stakeholders in accordance with the terms hereunder.", "snippet_links": [{"key": "the-closing-date", "type": "clause", "offset": [3, 19]}, {"key": "distribution-amount", "type": "definition", "offset": [59, 78]}, {"key": "immediately-available-funds", "type": "clause", "offset": [82, 109]}, {"key": "expenses-incurred", "type": "definition", "offset": [246, 263]}, {"key": "agreement-or", "type": "definition", "offset": [329, 341]}, {"key": "advisory-group", "type": "definition", "offset": [376, 390]}, {"key": "liability-for", "type": "clause", "offset": [535, 548]}, {"key": "loss-of", "type": "definition", "offset": [553, 560]}, {"key": "principal-of", "type": "definition", "offset": [561, 573]}, {"key": "gross-negligence-or-willful-misconduct", "type": "definition", "offset": [641, 679]}, {"key": "withholding-agent", "type": "definition", "offset": [736, 753]}, {"key": "in-connection-with", "type": "clause", "offset": [781, 799]}, {"key": "tax-reporting", "type": "clause", "offset": [848, 861]}, {"key": "distribution-obligations", "type": "clause", "offset": [872, 896]}, {"key": "company-stakeholders", "type": "definition", "offset": [902, 922]}, {"key": "interest-on-the", "type": "clause", "offset": [944, 959]}, {"key": "subject-to", "type": "definition", "offset": [1062, 1072]}, {"key": "to-the-company", "type": "clause", "offset": [1242, 1256]}, {"key": "behalf-of-the-company", "type": "clause", "offset": [1355, 1376]}, {"key": "sole-discretion", "type": "clause", "offset": [1468, 1483]}, {"key": "distribute-the", "type": "clause", "offset": [1550, 1564]}, {"key": "the-paying-agent", "type": "clause", "offset": [1611, 1627]}, {"key": "the-surviving-corporation", "type": "clause", "offset": [1631, 1656]}, {"key": "for-distribution", "type": "clause", "offset": [1673, 1689]}, {"key": "in-accordance-with", "type": "definition", "offset": [1718, 1736]}, {"key": "the-terms", "type": "definition", "offset": [1737, 1746]}], "hash": "5728eb7797131adf7baa4597b27d004f", "id": 4}, {"size": 8, "samples": [{"hash": "bFmK159pQaN", "uri": "/contracts/bFmK159pQaN#expense-fund", "label": "Funding Loan Agreement", "score": 28.0295600891, "published": true}, {"hash": "1Yltl4n8RgY", "uri": "/contracts/1Yltl4n8RgY#expense-fund", "label": "Funding Loan Agreement", "score": 28.0295600891, "published": true}, {"hash": "bjFRZd9z5X9", "uri": "/contracts/bjFRZd9z5X9#expense-fund", "label": "Funding Loan Agreement", "score": 27.9364891052, "published": true}], "snippet": "The Fiscal Agent shall deposit in the Expense Fund the amounts required by the Regulatory Agreement or the Borrower Loan Agreement to be paid by the Borrower to the Governmental Lender or the Fiscal Agent on behalf of the Borrower. Amounts on deposit in the Expense Fund shall be used to pay the fees and expenses of the Governmental Lender and the Fiscal Agent, as and when the same become due. In that regard, moneys in the Expense Fund shall be withdrawn or maintained, as appropriate, by the Fiscal Agent to pay (i) the Ongoing Governmental Lender Fee to the Governmental Lender as and when due, (ii) the Fiscal Agent Fee due pursuant to subpart (a) of the definition of \u201cFiscal Agent Fees\u201d herein, (iii) upon receipt, to the Fiscal Agent, any amounts due to the Fiscal Agent which have not been paid, other than amounts paid in accordance with clause (ii) hereof, and (iv) upon receipt, to, or at the direction of, the Governmental Lender, any amounts owing the Governmental Lender by the Borrower and then due and unpaid, other than amounts paid in accordance with clause (i) hereof.", "snippet_links": [{"key": "agent-shall", "type": "definition", "offset": [11, 22]}, {"key": "required-by", "type": "definition", "offset": [63, 74]}, {"key": "agreement-or", "type": "definition", "offset": [90, 102]}, {"key": "agreement-to-be", "type": "clause", "offset": [121, 136]}, {"key": "by-the-borrower", "type": "clause", "offset": [142, 157]}, {"key": "the-governmental", "type": "clause", "offset": [161, 177]}, {"key": "of-the-borrower", "type": "clause", "offset": [215, 230]}, {"key": "on-deposit", "type": "definition", "offset": [240, 250]}, {"key": "to-pay", "type": "clause", "offset": [285, 291]}, {"key": "expenses-of-the", "type": "clause", "offset": [305, 320]}, {"key": "ongoing-governmental-lender-fee", "type": "definition", "offset": [524, 555]}, {"key": "pursuant-to", "type": "clause", "offset": [630, 641]}, {"key": "the-definition-of", "type": "definition", "offset": [657, 674]}, {"key": "fiscal-agent-fees", "type": "definition", "offset": [676, 693]}, {"key": "upon-receipt", "type": "clause", "offset": [709, 721]}, {"key": "amounts-due", "type": "clause", "offset": [748, 759]}, {"key": "in-accordance-with", "type": "definition", "offset": [830, 848]}, {"key": "amounts-owing", "type": "clause", "offset": [949, 962]}], "hash": "05cd2dc736bdc58f8d2ce935a17d7a18", "id": 5}, {"size": 6, "samples": [{"hash": "UJnxoxq68l", "uri": "/contracts/UJnxoxq68l#expense-fund", "label": "Funding Loan Agreement", "score": 32.7624702454, "published": true}, {"hash": "a6lltbX7Otk", "uri": "/contracts/a6lltbX7Otk#expense-fund", "label": "Funding Loan Agreement", "score": 30.2139797211, "published": true}, {"hash": "851bY9dMnyJ", "uri": "/contracts/851bY9dMnyJ#expense-fund", "label": "Funding Loan Agreement", "score": 28.4192810059, "published": true}], "snippet": "The Fiscal Agent shall deposit into the Expense Fund the amounts required by the Regulatory Agreement or the Borrower Loan Agreement to be paid by the Borrower to the Governmental Lender or the Fiscal Agent on behalf of the Borrower. Amounts on deposit in the Expense Fund shall be used to pay the fees and expenses of the Governmental Lender and the Fiscal Agent, as and when the same become due. In that regard, moneys in the Expense Fund shall be withdrawn or maintained, as appropriate, by the Fiscal Agent to pay (i) the Ongoing Governmental Lender Fee to the Governmental Lender as and when due, (ii) the Fiscal Agent\u2019s Fees to the Fiscal Agent when due, (iii) upon receipt, to the Fiscal Agent, any amounts due to the Fiscal Agent which have not been paid, other than amounts paid in accordance with clause (ii) hereof, and", "snippet_links": [{"key": "agent-shall", "type": "definition", "offset": [11, 22]}, {"key": "required-by", "type": "definition", "offset": [65, 76]}, {"key": "agreement-or", "type": "definition", "offset": [92, 104]}, {"key": "agreement-to-be", "type": "clause", "offset": [123, 138]}, {"key": "by-the-borrower", "type": "clause", "offset": [144, 159]}, {"key": "the-governmental", "type": "clause", "offset": [163, 179]}, {"key": "of-the-borrower", "type": "clause", "offset": [217, 232]}, {"key": "on-deposit", "type": "definition", "offset": [242, 252]}, {"key": "to-pay", "type": "clause", "offset": [287, 293]}, {"key": "expenses-of-the", "type": "clause", "offset": [307, 322]}, {"key": "ongoing-governmental-lender-fee", "type": "definition", "offset": [526, 557]}, {"key": "upon-receipt", "type": "clause", "offset": [667, 679]}, {"key": "amounts-due", "type": "clause", "offset": [706, 717]}, {"key": "in-accordance-with", "type": "definition", "offset": [788, 806]}], "hash": "0912cf3b06e82c6987be161b78c0de11", "id": 6}, {"size": 5, "samples": [{"hash": "kcXooVGwi1l", "uri": "/contracts/kcXooVGwi1l#expense-fund", "label": "Agreement and Plan of Merger (Myriad Genetics Inc)", "score": 27.8364143372, "published": true}], "snippet": "The Expense Fund shall be used (i) for the purposes of paying directly, or reimbursing the Securityholders\u2019 Agent for, any expenses incurred by the Securityholders\u2019 Agent pursuant to this Agreement and any other agreement, document or instrument referred to in or contemplated by this Agreement and any transaction contemplated under this Agreement or any such other agreement, document or instrument, or (ii) as otherwise determined by the Advisory Group. The Securityholders\u2019 Agent will hold these funds separate from its other funds, will not use these funds for its operating expenses or any other purposes and will not voluntarily make these funds available to its creditors in the event of bankruptcy. The Securityholders\u2019 Agent is not providing any investment supervision, recommendations or advice and shall have no responsibility or liability for any loss of principal of the Expense Fund other than as a result of its gross negligence or willful misconduct. The Securityholders\u2019 Agent is not acting as a withholding agent or in any similar capacity in connection with the Expense Fund, and has no tax reporting or income distribution obligations. The Effective Time Holders will not receive any interest on the Expense Fund and assign to the Securityholders\u2019 Agent any such interest. Subject to prior written consent by the Advisory Group, the Securityholders\u2019 Agent may, as reasonably necessary, contribute funds to the Expense Fund from any Further Distributions otherwise distributable to the Effective Time Holders. As soon as practicable following the completion of the Securityholders\u2019 Agent\u2019s responsibilities, the Securityholders\u2019 Agent shall disburse the balance of the Expense Fund to the Effective Time Holders in proportion to their respective Pro Rata Share in such manner as the Securityholders\u2019 Agent determines reasonably appropriate, including, if the Securityholders\u2019 Agent elects, through a paying agent for further distribution.", "snippet_links": [{"key": "for-the-purposes-of", "type": "clause", "offset": [35, 54]}, {"key": "expenses-incurred", "type": "definition", "offset": [123, 140]}, {"key": "pursuant-to-this-agreement", "type": "clause", "offset": [171, 197]}, {"key": "any-other-agreement", "type": "definition", "offset": [202, 221]}, {"key": "contemplated-by-this-agreement", "type": "clause", "offset": [264, 294]}, {"key": "agreement-or", "type": "definition", "offset": [339, 351]}, {"key": "advisory-group", "type": "definition", "offset": [441, 455]}, {"key": "other-funds", "type": "clause", "offset": [524, 535]}, {"key": "operating-expenses", "type": "definition", "offset": [570, 588]}, {"key": "other-purposes", "type": "clause", "offset": [596, 610]}, {"key": "available-to", "type": "definition", "offset": [653, 665]}, {"key": "in-the-event-of-bankruptcy", "type": "clause", "offset": [680, 706]}, {"key": "liability-for", "type": "clause", "offset": [842, 855]}, {"key": "loss-of", "type": "definition", "offset": [860, 867]}, {"key": "principal-of", "type": "definition", "offset": [868, 880]}, {"key": "gross-negligence-or-willful-misconduct", "type": "definition", "offset": [928, 966]}, {"key": "withholding-agent", "type": "definition", "offset": [1014, 1031]}, {"key": "in-connection-with", "type": "clause", "offset": [1059, 1077]}, {"key": "tax-reporting", "type": "clause", "offset": [1107, 1120]}, {"key": "distribution-obligations", "type": "clause", "offset": [1131, 1155]}, {"key": "effective-time-holders", "type": "definition", "offset": [1161, 1183]}, {"key": "interest-on-the", "type": "clause", "offset": [1205, 1220]}, {"key": "subject-to", "type": "definition", "offset": [1294, 1304]}, {"key": "prior-written-consent", "type": "clause", "offset": [1305, 1326]}, {"key": "reasonably-necessary", "type": "clause", "offset": [1385, 1405]}, {"key": "further-distributions", "type": "definition", "offset": [1453, 1474]}, {"key": "as-soon-as-practicable", "type": "definition", "offset": [1530, 1552]}, {"key": "following-the", "type": "definition", "offset": [1553, 1566]}, {"key": "completion-of-the", "type": "clause", "offset": [1567, 1584]}, {"key": "agent-shall", "type": "definition", "offset": [1649, 1660]}, {"key": "balance-of-the", "type": "clause", "offset": [1674, 1688]}, {"key": "pro-rata-share", "type": "definition", "offset": [1766, 1780]}, {"key": "paying-agent", "type": "definition", "offset": [1920, 1932]}], "hash": "19fa889f58cb00bd1d4a9f11b3bc5b7a", "id": 7}, {"size": 4, "samples": [{"hash": "hiJfYxQSbXw", "uri": "/contracts/hiJfYxQSbXw#expense-fund", "label": "Agreement and Plan of Merger (Vireo Growth Inc.)", "score": 34.1704330444, "published": true}, {"hash": "a4IBQiL9JkI", "uri": "/contracts/a4IBQiL9JkI#expense-fund", "label": "Merger Agreement (Vireo Growth Inc.)", "score": 34.1704330444, "published": true}, {"hash": "bZoEQnJaAk4", "uri": "/contracts/bZoEQnJaAk4#expense-fund", "label": "Merger Agreement (Vireo Growth Inc.)", "score": 33.9760437012, "published": true}], "snippet": "Prior to the Closing, the Company shall have established a separate designated account in the name of the Company and funded such account with the amount of $500,000 in Cash (such amount, including any interest or other amounts earned thereon, the \u201cStockholder Representative Expense Fund\u201d), to be held for the purpose of funding any expenses of Stockholder Representative arising in connection with the administration of Stockholder Representative\u2019s duties in this Agreement after the Effective Time. After Closing, Stockholder Representative may request, in writing together with reasonable documentation thereof, the payment of such expenses by Parent or the Surviving Corporation from the Stockholder Representative Expense Fund, and Parent or the Surviving Corporation shall promptly cause the payment of such expenses, in an aggregate amount not to exceed the Stockholder Representative Expense Fund.", "snippet_links": [{"key": "prior-to-the-closing", "type": "clause", "offset": [0, 20]}, {"key": "the-company-shall", "type": "clause", "offset": [22, 39]}, {"key": "a-separate", "type": "definition", "offset": [57, 67]}, {"key": "designated-account", "type": "clause", "offset": [68, 86]}, {"key": "name-of-the-company", "type": "clause", "offset": [94, 113]}, {"key": "account-with", "type": "definition", "offset": [130, 142]}, {"key": "other-amounts", "type": "definition", "offset": [214, 227]}, {"key": "stockholder-representative-expense-fund", "type": "definition", "offset": [249, 288]}, {"key": "purpose-of-funding", "type": "clause", "offset": [311, 329]}, {"key": "expenses-of", "type": "clause", "offset": [334, 345]}, {"key": "in-connection-with", "type": "clause", "offset": [381, 399]}, {"key": "administration-of", "type": "clause", "offset": [404, 421]}, {"key": "in-this-agreement", "type": "definition", "offset": [458, 475]}, {"key": "after-the-effective-time", "type": "clause", "offset": [476, 500]}, {"key": "after-closing", "type": "clause", "offset": [502, 515]}, {"key": "in-writing", "type": "definition", "offset": [557, 567]}, {"key": "reasonable-documentation", "type": "definition", "offset": [582, 606]}, {"key": "payment-of", "type": "definition", "offset": [620, 630]}, {"key": "by-parent", "type": "clause", "offset": [645, 654]}, {"key": "the-surviving-corporation", "type": "clause", "offset": [658, 683]}, {"key": "the-stockholder-representative", "type": "clause", "offset": [689, 719]}, {"key": "amount-not-to-exceed", "type": "clause", "offset": [841, 861]}], "hash": "7c80354833e55d9e251ebd0352e290a9", "id": 8}, {"size": 3, "samples": [{"hash": "8VppdJK3dVG", "uri": "/contracts/8VppdJK3dVG#expense-fund", "label": "Merger Agreement (TPCO Holding Corp.)", "score": 32.7481193542, "published": true}, {"hash": "irxhpdk53TE", "uri": "/contracts/irxhpdk53TE#expense-fund", "label": "Merger Agreement (TPCO Holding Corp.)", "score": 32.7453804016, "published": true}, {"hash": "jlyXQv1lYd0", "uri": "/contracts/jlyXQv1lYd0#expense-fund", "label": "Merger Agreement (TPCO Holding Corp.)", "score": 32.603012085, "published": true}], "snippet": "Upon the Closing, Parent shall hold back from the First Cash Payment payable to the Company Members pursuant to Section 5(b)(ii) $200,000.00 (the \u201cExpense Fund Amount\u201d) and shall wire the Expense Fund Amount to the Representative. The Expense Fund Amount shall be held by the Representative in a segregated account and shall be used (i) for the purposes of paying directly or reimbursing the Representative for any Representative Expenses incurred pursuant to this Agreement (the \u201cExpense Fund\u201d).", "snippet_links": [{"key": "upon-the-closing", "type": "clause", "offset": [0, 16]}, {"key": "hold-back", "type": "definition", "offset": [31, 40]}, {"key": "first-cash-payment", "type": "definition", "offset": [50, 68]}, {"key": "company-members", "type": "clause", "offset": [84, 99]}, {"key": "pursuant-to-section", "type": "clause", "offset": [100, 119]}, {"key": "expense-fund-amount", "type": "definition", "offset": [147, 166]}, {"key": "the-representative", "type": "clause", "offset": [211, 229]}, {"key": "segregated-account", "type": "definition", "offset": [296, 314]}, {"key": "for-the-purposes-of", "type": "clause", "offset": [337, 356]}, {"key": "expenses-incurred", "type": "definition", "offset": [430, 447]}, {"key": "pursuant-to-this-agreement", "type": "clause", "offset": [448, 474]}], "hash": "445f1fd112f8218c1a38609c6b13bdd5", "id": 9}, {"size": 3, "samples": [{"hash": "fQj0oRqofJk", "uri": "/contracts/fQj0oRqofJk#expense-fund", "label": "Contingent Value Rights Agreement (Rain Oncology Inc.)", "score": 35.0670776367, "published": true}, {"hash": "e6GaA7PpdRE", "uri": "/contracts/e6GaA7PpdRE#expense-fund", "label": "Merger Agreement (Rain Oncology Inc.)", "score": 34.9493484497, "published": true}], "snippet": "Upon the Closing, Parent shall, on behalf of the Holders, wire to the Representative $50,000 (the \u201cExpense Fund Amount\u201d). The Expense Fund Amount shall be held by the Representative in a segregated client account and shall be used (a) for the purposes of paying directly or reimbursing the Representative for any Representative Expenses incurred pursuant to this Agreement or the Representative Engagement Agreement, or (b) as otherwise determined by the Advisory Group (the \u201cExpense Fund\u201d). The Representative is not providing any investment supervision, recommendations or advice and shall have no responsibility or liability for any loss of principal of the Expense Fund other than as a result of its gross negligence or willful misconduct. The Representative is not acting as a withholding agent or in any similar capacity in connection with the Expense Fund and has no tax reporting or income distribution obligations. The Holders will not receive any interest on the Expense Fund and assign to the Representative any such interest. Subject to Advisory Group approval, the Representative may contribute funds to the Expense Fund from any CVR Proceeds or other amounts otherwise distributable to the Holders. As soon as reasonably determined by the Representative that the Expense Fund is no longer required to be withheld, the Representative shall distribute the remaining Expense Fund (if any) to the Rights Agent and/or Parent, as applicable, for further distribution to the Holders.", "snippet_links": [{"key": "upon-the-closing", "type": "clause", "offset": [0, 16]}, {"key": "on-behalf-of", "type": "clause", "offset": [32, 44]}, {"key": "the-holders", "type": "clause", "offset": [45, 56]}, {"key": "wire-to", "type": "definition", "offset": [58, 65]}, {"key": "the-representative", "type": "clause", "offset": [66, 84]}, {"key": "expense-fund-amount", "type": "definition", "offset": [99, 118]}, {"key": "segregated-client-account", "type": "clause", "offset": [187, 212]}, {"key": "for-the-purposes-of", "type": "clause", "offset": [235, 254]}, {"key": "expenses-incurred", "type": "definition", "offset": [328, 345]}, {"key": "agreement-or", "type": "definition", "offset": [363, 375]}, {"key": "representative-engagement-agreement", "type": "definition", "offset": [380, 415]}, {"key": "advisory-group", "type": "definition", "offset": [455, 469]}, {"key": "liability-for", "type": "clause", "offset": [618, 631]}, {"key": "loss-of", "type": "definition", "offset": [636, 643]}, {"key": "principal-of", "type": "definition", "offset": [644, 656]}, {"key": "gross-negligence-or-willful-misconduct", "type": "definition", "offset": [704, 742]}, {"key": "withholding-agent", "type": "definition", "offset": [782, 799]}, {"key": "in-connection-with", "type": "clause", "offset": [827, 845]}, {"key": "tax-reporting", "type": "clause", "offset": [874, 887]}, {"key": "distribution-obligations", "type": "clause", "offset": [898, 922]}, {"key": "interest-on-the", "type": "clause", "offset": [957, 972]}, {"key": "subject-to", "type": "definition", "offset": [1038, 1048]}, {"key": "cvr-proceeds", "type": "definition", "offset": [1143, 1155]}, {"key": "other-amounts", "type": "definition", "offset": [1159, 1172]}, {"key": "distribute-the", "type": "clause", "offset": [1353, 1367]}, {"key": "to-the-rights-agent", "type": "clause", "offset": [1400, 1419]}, {"key": "further-distribution", "type": "clause", "offset": [1454, 1474]}], "hash": "31279bd9d3a1f7cb9fe12c3c6c388513", "id": 10}], "next_curs": "ClUST2oVc35sYXdpbnNpZGVyY29udHJhY3RzcjELEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhVleHBlbnNlLWZ1bmQjMDAwMDAwMGEMogECZW4YACAA", "clause": {"size": 175, "parents": [["the-merger", "The Merger"], ["securityholders-agent", "Securityholders Agent"], ["miscellaneous-provisions", "Miscellaneous Provisions"], ["funds-and-accounts", "Funds and Accounts"], ["miscellaneous", "Miscellaneous"]], "title": "Expense Fund", "children": [["notices", "Notices"], ["interpretation", "Interpretation"], ["assignment-and-succession", "Assignment and Succession"], ["amendment-or-supplement", "Amendment or Supplement"], ["waivers", "Waivers"]], "id": "expense-fund", "related": [["escrow-amount", "Escrow Amount", "Escrow Amount"], ["escrow-fund", "Escrow Fund", "Escrow Fund"], ["expense-account", "Expense Account", "Expense Account"], ["holdback-amount", "Holdback Amount", "Holdback Amount"], ["payment-fund", "Payment Fund", "Payment Fund"]], "related_snippets": [], "updated": "2026-03-01T04:26:13+00:00"}, "json": true, "cursor": ""}}