Representative Reimbursement Amount definition

Representative Reimbursement Amount means $250,000.

Representative Reimbursement Amount means Two Hundred Thousand Dollars ($200,000).

Representative Reimbursement Amount means Three Hundred Thousand Dollars ($300,000).

Examples of Representative Reimbursement Amount in a sentence

• Notwithstanding the delivery of any remaining portion of the Representative Reimbursement Amount to the Exchange Agent, such remaining portion shall not be available to satisfy any indemnification or other obligations to Parent hereunder.

• Any release of Escrow Shares or the Representative Reimbursement Amount by the Escrow Agent for payment to Escrow Participants shall be allocated to the Escrow Participants pro rata according to each Escrow Participant’s Escrow Participation Percentage.

• 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.

• Payments of the Per Option Merger Consideration and the Pro Rata Portion of any Escrow Amount and the Pro Rata Portion of any Representative Reimbursement Amount, in each case, in respect of Options shall be made by the Payments Administrator to the Company for further distribution to the applicable holders of Options through the Company's payroll system in accordance with its normal payroll procedures.

• At the Effective Time, Parent shall cause to be deposited in trust with the Exchange Agent the Closing Consideration less the sum of Escrow Cash and the Initial Representative Reimbursement Amount.

More Definitions of Representative Reimbursement Amount

Representative Reimbursement Amount means an amount in cash equal to $500,000.

Representative Reimbursement Amount means a cash amount equal to $250,000. The “Transaction Payment Plan” shall mean a compensation plan to be adopted by Baxano prior to the Closing providing for bonuses in the aggregate amount of up to $300,000. The Merger Consideration, as so reduced in respect of the Excess Indebtedness Amount, the Representative Reimbursement Amount and the Transaction Payment Plan, rounded to the nearest whole share is referred to herein as the “Net Merger Consideration.” The shares of TranS1 Common Stock payable to Securityholders as Net Merger Consideration are referred to herein as the “Merger Shares.” The Merger Shares will be registered with the Securities and Exchange Commission for resale as set forth in the Securities Purchase Agreement. “Merger Closing Price” shall mean the average of the last reported sales prices of TranS1 Common Stock at 4:00 p.m., Eastern time, end of regular trading hours on The NASDAQ Stock Market LLC (“NASDAQ”) during the ten consecutive trading days ending on the last trading day prior to the Closing Date.

Representative Reimbursement Amount shall have the meaning specified in Section 2.6.1 of the Agreement.

Representative Reimbursement Amount means $50,000.

Representative Reimbursement Amount means one million dollars ($1,000,000).

Representative Reimbursement Amount means $100,000.

Representative Reimbursement Amount means $300,000.