Securityholder Representative Reserve definition

Securityholder Representative Reserve means $150,000, intended to defray the costs and expenses of the Securityholder Representative in connection with its obligations under this Agreement.
Sample 1
Securityholder Representative Reserve means $500,000.
Sample 1
Securityholder Representative Reserve means $75,000.
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Examples of Securityholder Representative Reserve in a sentence

  • For all Tax purposes, the Securityholder Representative Reserve shall be treated as having been received and voluntarily set aside by the Effective Time Holders at the time of Closing, after any withholding required by applicable Legal Requirements.

  • As soon as reasonably determined by the Securityholder Representative that the Securityholder Representative Reserve is no longer required to be withheld, the Securityholder Representative shall distribute the remaining Securityholder Representative Reserve (if any) to the Paying Agent for further distribution to the Effective Time Holders.

  • The Securityholder Representative is not providing any investment supervision, recommendations or advice and shall have no responsibility or liability for any loss of principal of the Securityholder Representative Reserve other than as a result of its gross negligence or willful misconduct.

  • Subject to Advisory Group approval, the Securityholder Representative may contribute funds to the Securityholder Representative Reserve from any consideration otherwise distributable to the Effective Time Holders.

  • The Securityholder Representative is not acting as a withholding agent or in any similar capacity in connection with the Securityholder Representative Reserve and has no tax reporting or income distribution obligations.

  • The Securityholder Representative Reserve shall be held by the Securityholder Representative in a segregated client account and shall be used for the purposes of paying directly or reimbursing the Securityholder Representative for any Representative Losses incurred pursuant to this Agreement, the Escrow Agreement and any other agreement ancillary hereto or thereto.

  • The Effective Time Holders will not receive any interest on the Securityholder Representative Reserve and assign to the Securityholder Representative any such interest.

  • The Securityholder Representative Reserve shall be held by the Securityholder Representative in a segregated client account and shall be used (i) for the purposes of paying directly or reimbursing the Securityholder Representative for any Losses incurred pursuant to this Agreement, the Escrow Agreement, the PPP Escrow Agreement or the Securityholder Representative Engagement Agreement, or (ii) as otherwise determined by the Advisory Group.

  • At the Closing, Syneron shall cause to be deposited, in an account designated by the Securityholder Representative, the Securityholder Representative Reserve.

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


More Definitions of Securityholder Representative Reserve

Securityholder Representative Reserve means $250,000.
Sample 1

Related to Securityholder Representative Reserve

  • Holder Representative has the meaning specified in Section 11.1.

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

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

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

  • Seller Representative means Xxxxx Bank.

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

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

  • 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.

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

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

  • Purchaser Representative means any person who satisfies all of the following conditions or who the issuer reasonably believes satisfies all of the following conditions:

  • Issuer Representative means the person or persons at the time designated to act on behalf of the Issuer by written certificate furnished to the Company and the Trustee containing the specimen signatures of such person or persons and signed on behalf of the Issuer by its duly authorized agent. Such certificate may designate an alternate or alternates.

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

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

  • Investment adviser representative means an individual employed by or associated with an investment adviser or federal covered investment adviser and who makes any recommendations or otherwise gives investment advice regarding securities, manages accounts or portfolios of clients, determines which recommendation or advice regarding securities should be given, provides investment advice or holds herself or himself out as providing investment advice, receives compensation to solicit, offer, or negotiate for the sale of or for selling investment advice, or supervises employees who perform any of the foregoing. The term does not include an individual who:

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

  • Seller Representatives has the meaning set forth in Section 5.8(a).

  • Non-Controlling 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.

  • Investor Representative has the meaning assigned to such term in Section 2.1(a).

  • Buyer Representatives means the Buyer's accountants, counsel, environmental consultants, financial advisors and other authorized representatives.

  • Shareholder Servicing Agent shall have the meaning designated in Section 5.2(f) hereof.

  • Non-Lead Securitization Note Holder Representative means the “Directing Certificateholder” or equivalent Person under the Non-Lead Securitization Servicing Agreement.

  • Owner Representative means that Person or Persons designated by Owner in a written notice to Contractor who shall have complete authority to act on behalf of Owner on all matters pertaining to the Work, including giving instructions and making changes in the Work. The Owner Representative as of the Contract Date is designated in Section 4.9.