Examples of Covered Transaction Expenses in a sentence
Sellers shall pay all Covered Transaction Expenses and Excess Covered Transaction Expenses.
Any rents, utilities and other pre-paid expenses (excluding, for the avoidance of doubt, any Income Taxes, Property Taxes, and Covered Transaction Expenses), customarily adjusted for commercial real estate closings conducted in the Real Property’s jurisdiction shall be prorated in accordance with the principles in Section 6.2(b).
Sellers shall bear and pay any and all filing fees required to be paid by Sellers or Buyers under the HSR Act (which fees shall be considered Covered Transaction Expenses).
For the avoidance of doubt, Covered Transaction Expenses shall not be included in the calculation of the Estimated Working Capital or the Working Capital.
Parent shall have full recourse out of the Escrow Fund for payment of all Third Party Expenses of the Company that exceed the Covered Transaction Expenses to the extent such excess was not deducted from the Preferred Merger Consideration.