Interim Expenses definition

Interim Expenses means Expenses incurred by Indemnitee in connection with any Proceeding in advance of the final disposition of the Proceeding.
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Interim Expenses means those costs and expenses that are not Trustee Fees and Expenses or Administrative Expenses due and payable by the Issuer on a date that is not a Payment Date.
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Interim Expenses means costs paid or authorised by an airline for a passenger Passenger whose Baggage has been delayed upon arrival. These are also referred to as “first needs”, “Out-of-Pocket Expenses (OPE)” or “Temporary Settlement”.
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Examples of Interim Expenses in a sentence

  • In making such determination, the Special Legal Counsel shall consider, among other things, any continuing availability of D&O Insurance as a source to pay such Interim Expenses and Expenses.

  • After the occurrence of a Change in Control, upon the request of Indemnitee, the Company shall create a trust (the “Trust”) for the benefit of Indemnitee and from time to time, when requested by Indemnitee, shall fund the Trust in an amount sufficient to satisfy any and all Interim Expenses and Expenses reasonably anticipated to be incurred in connection with investigating, preparing for, participating in, and/or defending any Proceeding.

  • To obtain payment of Interim Expenses under this Agreement, Indemnitee shall submit to the Company a written request for payment, together with such documentation and information as is reasonably available to Indemnitee and is reasonably necessary to determine whether and to what extent Indemnitee is entitled to such advancement.

  • Interim Expenses Starting on the Term Commencement Date and continuing until the Substantial Completion Date (as defined in Section 17.3 hereof), Tenant shall pay to the Landlord a sum of Ten Thousand Dollars ($10,000) per month (“Interim Rent”), representing all amounts due from Tenant during such interim period, including all utilities, taxes, rent, additional rent, CAM, or other charges.

  • At the Closing, the Purchaser shall also pay, as a portion of the Merger Consideration under Section 3.1(C)(a), all Interim Expenses which have been so approved in advance by the Purchaser.

  • In addition, the Shareholders shall provide the Purchaser with periodic estimates of expenses incurred or to be incurred after October 11, 1996 in connection with such renovation and refurbishing ("Interim Expenses"), and for purposes of the Purchaser's expense reimbursement obligation set forth below, such estimates shall be subject to the Purchaser's approval, which approval shall not be unreasonably withheld or delayed.

  • Payments of Interim Expenses to which Indemnitee is entitled pursuant to Section 2 hereof shall be made no later than twenty (20) days after request for such payment and the Accounting required under Section 2(c) has been furnished to the Corporation.

  • If, after receipt of the Claim Notice, the Corporation fails to defend the Indemnitee against such claim or to reimburse Interim Expenses, and if the Indemnitee’s defense of the claim is successful in whole or in part, then 100% of the costs of defense incurred by the Indemnitee shall be reimbursed by the Corporation.

  • Provided, however, Interim Expenses shall not include any income taxes or any sales or similar taxes on the transaction contemplated by this Agreement or any interest.

  • If Indemnitee is entitled to make a claim for indemnification pursuant to Section 2 of this Agreement, Indemnitee shall deliver to the Corporation Indemnitee's written request for payment of Indemnifiable Expenses (which written request shall include, in the case of a request for Interim Expenses, the written affirmation and undertaking of Indemnitee referred to in Section 6 hereof).


More Definitions of Interim Expenses

Interim Expenses means the sum of (i) the increase of the account payables related to the Business from the date hereof to the Closing, plus (ii) account receivables that are paid to the Sellers between the date hereof and the Closing, plus (iii) the increase in the accruals of the Sellers (calculated in accordance with GAAP) from the date hereof until the Closing relating to the Business. "ESTIMATED INTERIM EXPENSES" shall mean the Interim Expenses reasonably anticipated at the Closing. In the event that the Estimated Burn Rate Adjustment is a positive number, then no further adjustment to the Base Purchase Price shall be made at Closing. In the event that the Estimated Burn Rate Adjustment is less than zero than such amount below zero shall be reduced from the Base Purchase Price (pro-rata between the Sellers) and withheld by the Purchasers (the "BURN RATE WITHHELD AMOUNT" and together with the NWC Withheld Amount, the "WITHHELD AMOUNTS").
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Related to Interim Expenses

  • Company Expenses has the meaning set forth in Section 11.3(a)(v).

  • Election expenses means expenses incurred, whether before, during or after the election, on account of, or in respect of, the conduct or management of the election.

  • Reimbursable Expenses means all assignment-related costs [such as travel, translation, report printing, secretarial expenses, subject to specified maximum limits in the Contract].

  • Common Expenses means expenditures made by or financial liabilities of the association, together with any allocations to reserves.