Expense Fund definition
Examples of Expense Fund in a sentence
Any such fees and expenses payable by Holdings shall be paid from the Expense Fund to the extent available.
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.
Any such fees and expenses payable by the Stockholder Representative shall be paid from the Stockholder Representative Expense Fund to the extent available.
Subject to Advisory Group approval, the Equityholders’ Agent may contribute funds to the Expense Fund from any consideration otherwise distributable to the Equityholders.
The Equityholders will not receive any interest or earnings on the Expense Fund and assign to the Equityholders’ Agent any such interest.