Representative Expense Fund definition

Representative Expense Fund shall have the meaning specified in Section 9.08(b).
Representative Expense Fund has the meaning set forth in Section 1.3(d).
Representative Expense Fund means an amount equal to $200,000.

Examples of Representative Expense Fund in a sentence

  • Any such fees and expenses payable by the Stockholder Representative shall be paid from the Stockholder Representative Expense Fund to the extent available.

  • In no event shall Buyer or the Final Surviving Corporation (or any of their respective Affiliates) be obligated to reimburse the Company Stockholder Representative for any expenses payable from the Company Stockholder Representative Expense Fund.

  • The Company Stockholder Representative will not be liable for any loss of principal of the Company Stockholder Representative Expense Fund other than as a result of its gross negligence or willful misconduct.

  • For tax purposes, the Company Stockholder Representative Expense Fund will be treated as having been received and voluntarily set aside by the Company Stockholders at the time of Closing.

  • The table, which includes applicable sales charges, compares how the fund's average annual returns for different calendar periods compare to the returns of the Merrill Lynch High Yield Master Index (MLHYM), a widely recognized unmanaged index of market performance.


More Definitions of Representative Expense Fund

Representative Expense Fund means a separate bank account to be established by the Seller Representative into which Buyer shall deposit the Representative Expense Fund Amount at Closing from the Cash Payment at Closing.
Representative Expense Fund means $200,000 paid to the Representative or his designee pursuant to Section 2.17(b).”
Representative Expense Fund is defined in Section 8.2.
Representative Expense Fund means $250,000 deposited at Closing with the Equityholders’ Representative for the purposes set forth in Section 10.15.
Representative Expense Fund has the meaning set forth in Section 11.4.
Representative Expense Fund means $600,000 deposited by Parent, as a deduction from the Merger Consideration, with the Sellers’ Representative, which amount shall be available solely to the Sellers’ Representative in connection with costs and expenses incurred by it in connection with its duties hereunder, including paying any amounts owed to Parent pursuant to Section 3.6(d)(i).
Representative Expense Fund is defined in Section 1.6(c).