Initial Closing Transaction Expenses definition

Initial Closing Transaction Expenses means, without duplication, the Transaction Expenses (if any) to be paid by Newco or its Subsidiaries (including the Contributed Entities) as of the Initial Closing Date (after giving effect to the transactions to be consummated on the Initial Closing Date, including the Initial Contributed Entities Contribution). For clarity, Initial Closing Transaction Expenses will not include Transaction Expenses to be paid by the Parties or their Affiliates (excluding Newco, its Subsidiaries and the Contributed Entities).
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Examples of Initial Closing Transaction Expenses in a sentence

  • The Investor shall promptly inform the Company of the aggregate amount of Transaction Expenses incurred through the Initial Closing (the “Initial Closing Transaction Expenses”), and shall provide documentation, reasonably satisfactory to the Company, of such Initial Closing Transaction Expenses.

  • Within three Business Days after receipt of such documentation, the Company shall reimburse the Investor, by wire transfer of immediately available funds, in an amount equal to the aggregate amount of Initial Closing Transaction Expenses, which shall not exceed $900,000.

  • Initial Date 2.1 Redemption Price 1.2 Initial Closing Transaction Expenses Related Person 6.20 and Liabilities Amount 1.2 Resolution Period 10.9 Interim Period Financial Statement 8.1(b) Safety Notices 6.19(d) Latest Balance Sheet 6.7(a) SEC Certifications 7.5(a) Leased Premises 6.15(b) Second Closing 4.1 Leases 6.15(b) Second Closing Date 4.1 License Agreement 2.2(k)(iv) Second Closing Milestone .