Company Expense Payment definition

Company Expense Payment has the meaning set forth in Section 7.3(d)(ii).

Company Expense Payment means a cash payment to Marvell in an amount equal to the aggregate amount of all fees, costs and other expenses (including legal fees, financial advisory fees, consultant fees, filing fees and travel expenses) that Marvell has directly or indirectly paid or otherwise borne, and all fees and expenses that are or may become payable directly or indirectly by Marvell, in connection with or in anticipation of the Contemplated Transactions (including all fees and expenses relating directly or indirectly to the preparation and negotiation of this Agreement, the Confidentiality Agreement and the other documents referred to in this Agreement, and all fees and expenses relating to Marvell’s due diligence investigation of the Inphi Entities), up to a maximum of $25,000,000; and (ii) “Marvell Expense Payment” means a cash payment to the Company in an amount equal to the aggregate amount of all fees, costs and other expenses (including legal fees, financial advisory fees, consultant fees, filing fees and travel expenses) that the Company has directly or indirectly paid or otherwise borne, and all fees and expenses that are or may become payable directly or indirectly by the Company, in connection with or in anticipation of the Contemplated Transactions (including all fees and expenses relating directly or indirectly to the preparation and negotiation of this Agreement, the Confidentiality Agreement and the other documents referred to in this Agreement, and all fees and expenses relating to the Company’s due diligence investigation of the Marvell Entities), up to a maximum of $25,000,000.

Company Expense Payment has the meaning assigned to such term in Section 8.3(l) of the Agreement.

Examples of Company Expense Payment in a sentence

• Any Company Termination Fee required to be paid to Marvell pursuant to Section 8.3(e), and any Company Expense Payment required to be made pursuant to clause “(i)” of Section 8.3(b), shall be paid or made by the Company (i) in the case of a termination of this Agreement by the Company, at or prior to the time of such termination, and (ii) in the case of a termination of this Agreement by Marvell, within two Business Days after such termination.

• Parent shall have the right to assign its right to receive the Company Termination Payment and the Company Expense Payment to one or more Persons in its sole discretion.

• For avoidance of doubt, Sellers and Purchaser ----------------------- acknowledge and agree that the Holding Company Expense Payment shall not reduce the Purchase Price.

• If the Company is, or reasonably believes it is, required by applicable Laws to deduct or withhold any Taxes from the payment of the Company Expense Payment, (i) the Company shall make such required deductions or withholdings, (ii) the Company shall remit the full amount deducted or withheld to the appropriate Governmental Entity in accordance with applicable Laws, and (iii) the amount so withheld and remitted shall be treated for purposes of this Section 7.05(c) as having been paid to 142 BC.

• After such time as the payments applied to the Company Responsible Amount exceed the Initial Company Expense Payment (to be supported by reasonable documentary proof), JAC shall bxxx the Company on a monthly basis and such expenses shall be paid from the Escrow Funds in accordance with the Expense Escrow Agreement and in no event shall the Company be responsible for any further payments.

More Definitions of Company Expense Payment

Company Expense Payment means U.S. $30 million;

Company Expense Payment has the meaning ascribed thereto in Section 8.3(b);

Company Expense Payment means $35 million; and

Company Expense Payment means U.S. $40 million;

Company Expense Payment means an amount equal to US$400,000. “Company Expense Payment Event” shall have the meaning set forth in 7.05(a).

Company Expense Payment means an amount equal to US$200,000.

Company Expense Payment means the lesser of (i) documented out-of-pocket expenses incurred by Parent and its Affiliates in connection with this Agreement and the Financing and the transactions contemplated hereby and thereby and (ii) $2,000,000.