Examples of Representative Reimbursement in a sentence
Any amounts held in such joint account shall be treated as owned by the Company for all income tax purposes, any interest or other income earned with respect to such joint account shall be reported as income of the Company for tax purposes and, for the avoidance of doubt, no portion of the Shareholder Representative Reimbursement Amount, the Shareholder Representative Expense Amount or any Pre-Funded Amount shall be considered income to the Shareholder Representative for tax purposes.
To the extent any expenses, fees or costs are incurred or paid in a currency other than U.S. dollars, the actual U.S. dollar amount that was paid, that was funded by the Company into the Shareholder Representative Reimbursement Amount shall be used in the calculation of the “LDI Sale Expenses” or “LDI Licensing Expenses,” as applicable.
Any Shareholder Representative Reimbursement Amount and any amounts (and only such amounts) actually spent from the Shareholder Representative Expense Amount or Pre-Funded Amounts shall be included in the calculation of Casa Ley Sale Expenses hereunder.
Neither Parent nor any of its Affiliates shall have any liability or obligation with respect to the use of the Representative Reimbursement Amount by the Stockholders’ Representative.
The Securityholders’ Representative Reimbursement Amount shall be held by the Escrow Agent in an account (which will be a separate and segregated account from the Escrow Fund) for purposes of satisfying the Securityholders’ obligations to the Securityholders’ Representative under this Agreement.
Appeals must be received at the parole office or be postmarked by the applicable date or they will not be considered.
The Shareholder Representative is not providing any investment supervision, recommendations or advice and shall have no responsibility or liability for any loss of principal of the Representative Reimbursement Amount other than as a result of its gross negligence or willful misconduct.
Upon Parent’s payment of any portion of the Representative Reimbursement, the Company Stockholders’ Representative and Parent shall execute a joint instruction letter to the Escrow Agent that specifies the amount of Second Escrow Shares to be released from escrow.
In the event that all or any portion of any Contingent Payment is paid by delivery of shares of Parent Stock, no certificates or scrip representing fractional shares of Parent Stock shall be issued, but an amount in cash equal to the aggregate Parent Average Stock price on the date of payment of all such fractional shares shall instead be deposited with the Stockholder Representative as additional Representative Reimbursement Amount.
We are hoping to establish a longer term cooperation with these groups.Second, the Covid-19 pandemic related restrictions made it more difficult to engage young people, and especially those with a more vulnerable background.