Examples of Expense Shares in a sentence
If KBG shall fail to comply with the provisions of Section 3.2.4(a) of this Agreement or fail to exchange its Membership Interest in KBG, LLC for shares of the Common Stock of the Holding Company pursuant to the terms of the KBG Exchange, KBG shall be liable to contribute $100,000 toward the Transaction Expenses, as liquidated damages for its failure to do so, which amount shall be allocated and disbursed to the Contributing Companies in accordance with their respective Transaction Expense Shares.
The provisions of this Agreement (including the provisions of this sentence) applicable to the rights, duties and obligations of the Sponsor, the Underwriter Holders or the Expense Holders, as the case may be, may not be amended, modified or supplemented, without the written consent of the Parent and, as applicable, the Sponsor, a majority in interest of the Insider Shares or a majority in interest of the Expense Shares.
Treatment Of Member's IncomeTREATMENT OR EXPENSES WHEN EXCLUDED OR NON-HH MEMBER: Pays All of ExpensePools Income and Shares Expense with CalFresh HH ONLY Pays Flat Amount for Part of Expense Shares Expense with CalFresh HH and Excluded MembersNon-household members such as:• Roomer.• Live-in Attendant.• “Other” individuals who share the residence but are NOT HH members per HH composition rules (i.e. blood/ marriage & customarily purchase and prepare food together).
If the amount of such fees, costs and expenses exceed the Expense Cap, then the number of shares of Parent Common Stock constituting the Merger Shares shall be reduced by an amount equal to the excess of the fees, costs and expenses over the Fee Cap divided by the Closing Market Price (the "Expense Shares").
Umdoni Municipality has not commissioned any studies or surveys to assist with the situational analysis (commonly referred to as backlog studies).
The certificate or certificates representing the Escrow Shares and the Escrow Expense Shares shall be registered in the name of (or the name of a nominee of) the Escrow Agent, as escrow agent under the Escrow Agreement.
If required, compliance with the hourly VOC limitation shall be determined in accordance with the test methods and procedures specified in 40 CFR Part 60, Appendix A, Methods 1-4 and 18, 25 or 25A.
On the Commencement Date, the Company shall cause any restrictive legend on (i) the Commitment Shares and (ii) any shares of Common Stock issued to Buyer under Section 4(h) hereof ("Expense Shares") to be removed and all of the Purchase Shares and Expense Shares to be issued under this Agreement shall be issued without any restrictive legend.
The Company shall have prepared and delivered to the Investor a final and complete form of prospectus, dated and current as of the Commencement Date, to be used by the Investor in connection with any sales of the Expense Shares, the Commitment Shares and any Purchase Shares, and to be filed by the Company one (1) Business Day after the Commencement Date.
As soon as the Expense Shares are registered as set forth in Section 5 below, or the federal securities laws otherwise permit the removal of the restrictive legend, Winners will promptly direct its transfer agent to remove such legend.