Company Representative definition
Examples of Company Representative in a sentence
All third-party costs and expenses incurred by the Company Representative in performing its duties as such (including legal and accounting fees and expenses) shall be borne by the Company in addition to any reimbursement pursuant to Section 7.4 hereof.
The Members shall promptly provide the Company Representative with such information as is reasonably available to the Members as may be reasonably requested by the Company Representative from time to time in connection with any tax audit or judicial proceeding.
The Company Representative shall receive no compensation for its services.
The taking of any action and the incurring of any expense by the Company Representative in connection with any such proceeding, except to the extent required by law, is a matter in the sole and absolute discretion of the Company Representative and the provisions relating to indemnification of the Managing Member set forth in Section 7.7 hereof shall be fully applicable to the Company Representative and the Designated Individual in their capacities as such.
Nothing herein shall be construed to restrict the Company from engaging an accounting firm to assist the Company Representative in discharging its duties hereunder.