Excess Transaction Expenses definition
Examples of Excess Transaction Expenses in a sentence
For the avoidance of doubt, Seller shall pay any Excess Transaction Expenses, and notwithstanding anything in Article 8 to the contrary, if Seller fails to pay any such Excess Transaction Expenses, Purchaser may, in its sole discretion, seek to satisfy any claim relating to such failure either from the Holdback Amount or against Seller, or in any combination thereof, and any such amounts shall not be calculated as part of any limitations on indemnification for Damages set forth in Article 8.
In the event that the Company’s Transaction Expenses that were not paid by the Company prior to the Closing exceed $250,000 (such expenses, “Excess Transaction Expenses”), then such Excess Transaction Expenses shall be paid by Buyer or the Surviving Corporation and Buyer shall have the right to be reimbursed by the Escrow Agent from the Escrow Fund on a dollar-for-dollar basis.
Subject to the provisions of this Article VI, from and after the Closing, the Investor shall indemnify, defend and hold harmless Parent and its Affiliates against and from, and shall promptly upon Parent’s written request reimburse Parent or its applicable Affiliates for, any Excess Transaction Expenses (whether discovered prior to or following the Closing).
Recent single-mode hydrodynamic growth radiography (HGR) experiments directly measured the growth factors of large-amplitude 2-D pre-imposed modulations at the ablation front [19-22].
Notwithstanding the foregoing, if the Merger is consummated, then Keynote will thereafter be entitled to adjust the number of Merger Shares through indemnification from the Escrow Shares in accordance with Section 11.2 for an amount equal to the amount such Transaction Expenses of Velogic exceed the lesser of (i) $400,000 and (ii) Velogic's cash on hand at the Closing (such amount, "Excess Transaction Expenses").