Parent Expense Amount definition

Parent Expense Amount means ten million dollars ($10,000,000).
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Parent Expense Amount means (i) 100% of the amount of Expenses of Parent up to $2,500,000 and (ii) 50% of all Expenses of Parent exceeding $2,500,000; provided that the aggregate Parent Expense Amount shall not exceed $5,000,000.
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Parent Expense Amount means the Expenses of Parent in an aggregate amount not to exceed $20,000,000.
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Examples of Parent Expense Amount in a sentence

  • Parent and the Company shall use their commercially reasonable efforts to assure that, as mutually determined by Parent and the Company, Parent will have sufficient funds at the Closing to pay the Outstanding Parent Expense Amount and the Outstanding Company Expense Amount in full.

  • In no event shall the Company be required to pay the Parent Expense Amount on more than one occasion.

  • In the event of the termination of this Agreement by the Company pursuant to Section 7.1(f), the Company shall reimburse and pay to Parent an amount equal to the lesser of (i) the out-of-pocket costs and expenses incurred by Parent in connection with this Agreement and the transactions contemplated hereby, and (ii) $2,000,000 (such amount, the "Parent Expense Amount").


More Definitions of Parent Expense Amount

Parent Expense Amount means reasonable documented out-of-pocket Expenses actually incurred by the Parent Parties up to a maximum of $10,000,000 in the aggregate.
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Parent Expense Amount means the reasonable, documented out-of-pocket Expenses actually incurred by Parent, not to exceed $8,000,000.
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Parent Expense Amount means the actual, out-of-pocket expenses of the Parent incurred in connection with the negotiation, execution and delivery of this Agreement and the consummation of the transactions contemplated herein, provided that the Parent Expense Amount shall not exceed $1,000,000.
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Parent Expense Amount means the reasonable, documented, out-of-pocket fees, costs and expenses incurred or paid by Parent or any of its Subsidiaries in connection with (i) their due diligence investigation of the Company and its subsidiaries, (ii) the negotiation and execution of this Agreement and (iii) the consummation of the Transactions (including the Merger, the Parent Stock Issuance and the Notes Transactions); provided however that in no event shall the Parent Expense Amount exceed $7,500,000.
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Parent Expense Amount. Section 8.2(b) “Parent OP” Preamble “Parent OP Partnership Agreement” Section 4.3 “Parent OP Units” Section 4.3 “Parent Preferred Stock” Section 4.3
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Parent Expense Amount means an amount equal to the lesser of (i) $5,000,000 and (ii) fifty percent (50%) of the Transaction Expenses.
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Parent Expense Amount. Section 8.2(b) “Parent OP” Preamble
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