Expenses of Sale definition

Expenses of Sale means all expenses incurred by the FL & Co. Companies and their Affiliates in connection with the sale of the shares of the selling stockholders pursuant to Section 3.3, 3.4 or 3.5 hereof to the extent that such expenses are not paid or reimbursed by the Company.
Expenses of Sale means all expenses incurred by the NMP Entities and their Affiliates in connection with any Transaction to the extent that such expenses are not paid or reimbursed by the Company.
Expenses of Sale means all expenses incurred by the Preferred Stock Holders and their Affiliates in connection with any Transaction to the extent that such expenses are not paid or reimbursed by the Company.

Examples of Expenses of Sale in a sentence

  • If the Employee sells any shares pursuant to this Section 3.3, the Employee shall pay and be responsible for the Employee's proportionate share of the Expenses of Sale and the Sale Obligations.

  • If the Employee sells any shares pursuant to this Section 3.5, the Employee shall pay and be responsible for the Employee's proportionate share of the Expenses of Sale and the Sale Obligations.

  • Agent shall bill Xxxxxxxx xxxkly for any Expenses of Sale paid by Agent which shall be promptly paid from Proceeds collected by Merchant.

  • Merchant shall retain all amounts collected during the Sale, as well as any insurance proceeds resulting from the loss of any Merchandise subject to this Agreement (the "Proceeds"), out of which it shall pay Expenses of Sale, as set forth below, and satisfy the Guaranteed Payment.

  • All expenses relating to the Sale shall be defined as the "Expenses of Sale" and unless otherwise agreed shall be paid directly by Merchant.


More Definitions of Expenses of Sale

Expenses of Sale means all expenses incurred by the FL & Co. Companies in connection with the sale of the shares of the selling stockholders pursuant to Section 3.2, 3.3 or 3.4 hereof to the extent that such expenses are not paid or reimbursed by the Company. "FL & Co. Companies" shall mean the collective reference to Forstmann Little & Co. Equity Partnership-V, L.P., a Delaware limited partnership, and Forstmann Little & Co. Subordinated Debt and Equity Management Buyout Partnership-VI, L.P., a Delaware limited partnership.
Expenses of Sale is defined in Section 9.2.2(a) of the Lease.
Expenses of Sale means all expenses incurred by the Holders and their respective Affiliates in connection with any sale pursuant to Section 7.3 or transaction pursuant to Section 7.4 to the extent that such expenses are not paid or reimbursed by the Company.
Expenses of Sale shall be (i) the actual gross wage payroll paid to Merchant's employees used in the Stores by the Agent during the Sale, plus the cost of the Benefits for such employees, subject to the Fringe Benefit Cap, plus Retention Bonuses paid to such employees by Agent; (ii) advertising expense (at Merchant's contract rates, if available), including costs attributable to direct mail and other media; (iii) signage for the Sale; (iv) security in the Stores including, without limitation, courier and guard services; (v) bank service charges, bank card fees and chargebacks; (vi) telephone charges for the Stores; (vii) Agent's expenses for supervisors at the Stores and at Merchant's central office facilities, including costs of travel; (viii) 50% of the fees and costs of the Inventory Service to conduct the Inventory Count; (ix) a pro-rata portion of Merchant's casualty insurance premiums attributable to the Merchandise; (x) costs of general liability insurance required to be obtained under Section 24(b) below; (xi) costs of transfers of Merchandise during the Sale Term, other than transfers of On Order Merchandise to the Stores; (xii) Store trash removal; (xiii) personal property taxes for Merchandise located at the Stores pro rated for the period of time that the Agent is operating at such Stores, but in no event in excess of $100,000; (xiv) all housekeeping and cleaning expenses related to the Stores, which housekeeping and cleaning services shall be performed by Agent (including cleanliness and frequency) in a manner consistent with Merchant's present practices; (xv) all travel expenses payable to Merchant's employees relating to travel by such employees at the direction of the Agent, which shall include, without limitation, the cost of transferring Merchant's employees between Stores; (xvi) all costs and expenses of providing such additional Store-level services which the Agent in its reasonable discretion considers appropriate; (xvii) subject to Merchant's compliance with the last sentence of Section 13 hereof, the sum of $10,000 per week during the Sale Term (pro rated for a period less than a week) for access to and use of Merchant's central office facilities, services and personnel; and (xviii) any other expenses directly attributable to the Sale, including additional Supplies, and any other expenses expressly required to be paid by Agent pursuant to this Agreement. To the extent that any Expenses of Sale are advanced by Merchant, Agent shall reimburse Merchant ...
Expenses of Sale means all expenses incurred by the Parent Companies in connection with the sale of the shares of the selling stockholders pursuant to Section 3.2, 3.3, 3.4, 3.5, 3.6 or 3.7 hereof to the extent that such expenses are not paid or reimbursed by the Company.
Expenses of Sale is as defined in Section 8.04.
Expenses of Sale means all out of pocket expenses incurred by the Company or any of its Subsidiaries in connection with any Transaction to the extent that such expenses are not paid or reimbursed by the Company.