Securityholder Representative Expense Amount definition

Securityholder Representative Expense Amount means $250,000 plus the Adjustment Amount pursuant to Section 2.12(c), if applicable.
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Securityholder Representative Expense Amount means One Million Dollars $(1,000,000).
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Securityholder Representative Expense Amount means $500,000. 105132706 v11
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Examples of Securityholder Representative Expense Amount in a sentence

  • Upon any replacement of the Company Securityholder Representative, the Company Securityholder Representative being replaced shall transfer to the new Company Securityholder Representative the balance of any unexpended Company Securityholder Representative Expense Amount.

  • The Company Securityholder Representative shall hold, invest, reinvest and disburse the Company Securityholder Representative Expense Amount in trust for all of the Company Equity Holders, and the Company Securityholder Representative Expense Amount shall not be used for any other purpose and shall not be available to Parent or any of its Subsidiaries to satisfy any claims hereunder.

  • The Company Securityholder Representative shall not be paid any fee for services to be rendered hereunder but shall be reimbursed on demand for reasonable out-of-pocket expenses incurred in the performance of the Company Securityholder Representative’s duties (including the reasonable fees and expenses of counsel) under this Agreement from the Company Securityholder Representative Expense Amount.

  • Upon the determination of the Company Securityholder Representative that retaining any portion of the Company Securityholder Representative Expense Amount is no longer necessary, the Company Securityholder Representative shall deliver any then-remaining portion of the Company Securityholder Representative Expense Amount to the Company Equity Holders in accordance with each Company Equity Holder’s pro rata share of the Estimated Merger Consideration as determined pursuant to Section 2.2(b)(ii).

  • The Escrow Agent shall hold the Securityholder Representative Expense Amount in its possession until requested from time to time by written notice from the Securityholder Representative to the Escrow Agent to make distributions from the Securityholder Representative Expense Amount as reimbursement for any amounts incurred by or otherwise owing to the Securityholder Representative (which request shall be accompanied by proper invoices or receipts).

  • The Securityholder Representative Expense Amount shall in no manner affect or impact the amount of the Escrow Amount.

  • No Indemnifying Party nor Indemnified Party shall have any right, title or interest to the Securityholder Representative Expense Amount and shall not make any claims against the Securityholder Representative Expense Amount under this Agreement or otherwise.

  • No bond shall be required of the Securityholder Representative, and the Securityholder Representative shall receive no compensation for its services, other than from the Securityholder Representative Expense Amount or as set forth in the Securityholder Representative Engagement Agreement.

  • The Securityholder Representative Expense Amount is solely for the use by the Securityholder Representative to pay any costs, fees and other expenses related to the performance by the Securityholder Representative of its duties and obligations hereunder, and the Securityholder Representative will not use the Securityholder Representative Expense Amount for its operating expenses or any other corporate purposes.

  • The portion of the Estimated Merger Consideration to be contributed on behalf of each Securityholder hereunder to the Securityholder Representative Expense Amount shall be based on the Securityholder’s Pro-Rata Portion.


More Definitions of Securityholder Representative Expense Amount

Securityholder Representative Expense Amount means $500,000.
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Related to Securityholder Representative Expense Amount

  • Holder Representative has the meaning specified in Section 11.1.

  • Stockholder Representative has the meaning set forth in the preamble.

  • Holders’ Representative means the representative of the Holders named in the preamble, until a successor Holders’ Representative shall have become such pursuant to the applicable provisions of this Agreement, and thereafter “Holders’ Representative” shall mean such successor Holders’ Representative.

  • Shareholder Representative has the meaning set forth in the preamble.

  • Controlling Noteholder Representative shall have the meaning assigned to such term in Section 6(a).

  • Stockholders’ Representative has the meaning set forth in the Preamble.

  • Expense Amount As defined in Section 11.01(b) hereof.

  • Note Holder Representative means a Controlling Note Holder Representative or a Non-Controlling Note Holder Representative, as applicable.

  • Companion Loan Holder Representative With respect to each Serviced Companion Loan, any representative appointed by the related Companion Loan Holder.

  • Member Representative means an individual who can make OHP-related decisions for a member who is not able to make such decisions themselves.

  • Escrow Amount has the meaning set forth in Section 2.1(c).

  • Controlling Note Holder Representative shall have the meaning assigned to such term in Section 6(a).

  • Shareholders’ Representative has the meaning set forth in the Preamble.

  • Seller Representative means Xxxxx Bank.

  • Expense Fund has the meaning set forth in Section 9.14(f).

  • Holdback Amount has the meaning set forth in Section 2.1(c).

  • Professional Fee Escrow Amount means the aggregate amount of Professional Fee Claims and other unpaid fees and expenses Professionals estimate they have incurred or will incur in rendering services to the Debtors prior to and as of the Confirmation Date, which estimates Professionals shall deliver to the Debtors as set forth in Article II.C hereof.

  • Sellers’ Representative has the meaning set forth in the Preamble.

  • Non-Lead Securitization Noteholder Representative shall have the meaning assigned to such term in the definition of “Non-Lead Securitization Noteholder”.

  • Non-Controlling Note Holder Representative shall have the meaning assigned to such term in Section 6(c).

  • Administrative Expense Cap An amount equal on any Payment Date (when taken together with any Administrative Expenses paid during the period since the preceding Payment Date or in the case of the first Payment Date, the period since the Closing Date), to the sum of (a) 0.025% per annum (prorated for the related Interest Accrual Period on the basis of a 360-day year and the actual number of days elapsed) of the Fee Basis Amount on the related Determination Date and (b) U.S.$250,000 per annum (prorated for the related Interest Accrual Period on the basis of a 360-day year consisting of twelve (12) 30-day months); provided that (1) in respect of any Payment Date after the third Payment Date following the Closing Date, if the aggregate amount of Administrative Expenses paid pursuant to Section 11.1(a)(i)(A), Section 11.1(a)(ii)(A) and Section 11.1(a)(iii)(A) (including any excess applied in accordance with this proviso) on the three immediately preceding Payment Dates and during the related Collection Periods is less than the stated Administrative Expense Cap (without regard to any excess applied in accordance with this proviso) in the aggregate for such three preceding Payment Dates, then the excess may be applied to the Administrative Expense Cap with respect to the then-current Payment Date; and (2) in respect of the third Payment Date following the Closing Date, such excess amount shall be calculated based on the Payment Dates preceding such Payment Date.

  • Indemnity Escrow Amount means $3,000,000.

  • Closing Cash Amount shall have the meaning set forth in Section 2.8(b).

  • Class Counsel Litigation Expenses Payment mean the amounts allocated to Class Counsel for reimbursement of reasonable attorneys’ fees and expenses, respectively, incurred to prosecute the Action.

  • Non-Lead Note Holder Representative shall have the meaning assigned to such term in Section 6(c).

  • Engineer-in-charge representative means any officer of the Authority nominated by the Engineer-in-charge for day to day supervision, checking, taking measurement, checking bills, ensuring quality control, inspecting works and other related works for completion of the project.