Seller Representative Fund definition

Seller Representative Fund shall have the meaning set forth in Section 1.2(b).
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Seller Representative Fund has the meaning set forth in Section 2.5(c), above.
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Seller Representative Fund means Two Hundred Thousand Dollars ($200,000).
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Examples of Seller Representative Fund in a sentence

  • Any other portions of an Optionholder’s aggregate Option Consideration relating to the right to receive the Per Share Seller Representative Fund Consideration shall be due as and when payable in accordance with the terms of this Agreement.

  • Upon the delivery of the Seller Representative Amount to the Seller Representative by Buyer, the Sellers, without act by them, shall be treated as having received from Buyer such cash in accordance with their respective Escrow Share of the Seller Representative Amount and then as having deposited such cash into the Seller Representative Fund.

  • All fees and expenses of the Neutral Accountant in connection with any dispute under this Section 2.4(c) shall be allocated fifty percent (50%) to Purchaser and fifty percent (50%) to the Seller Representative (payable from the Seller Representative Fund if any balance thereof remains at such time).

  • At the Closing, Purchaser shall transfer the Seller Representative Fund in immediately available funds to the Seller Representative.

  • Buyer shall deliver the Initial Purchase Price, less the Seller Representative Fund, to Seller by wire transfer of immediately available funds to an account designated by Seller.

  • The Seller Representative Fund shall be held or disbursed, in whole or in part, as determined by the Seller Representative.

  • This is an important Exercise that includes humanitarian aid, civil defense activities and the involvement of military units to conduct relief operations.

  • March 2, 2023 Closed Session RECOMMENDATION/FUTURE DIRECTION: It is recommended that the School Board approve these minutes, as presented.

  • Any otherportions of a Warrantholder’s aggregate Warrant Consideration relating to the right to receive the Per Share Seller Representative Fund Consideration shall be due as and when payable in accordance with the terms of this Agreement.

  • At the Closing, Buyer will pay or cause to be paid, or deliver or cause to be delivered, the Initial Purchase Price, less the Seller Representative Fund, in the manner set forth in Section 8.1.


More Definitions of Seller Representative Fund

Seller Representative Fund means $250,000.
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Seller Representative Fund has the meaning ascribed to such term in Section 25(a)(viii).
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Seller Representative Fund is defined in Section 12.2.
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Seller Representative Fund means, at any given time, the funds being separately held by Seller Representative to be used for those purposes set forth in Section 11.18(c) (and including any interest or other earnings thereon).
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Related to Seller Representative Fund

  • Seller Representative means Xxxxx Bank.

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

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

  • Seller’s Representatives means Seller’s accountants, employees, counsel, environmental consultants, financial advisors, and other representatives.

  • Buyer Representatives shall have the meaning set forth in Section 6.4(a).

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

  • Holders’ Representative means the Holders’ Representative named in the first paragraph of this Agreement or any direct or indirect successor Holders’ Representative designated in accordance with Section 6.3.

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

  • Holder Representative has the meaning specified in Section 11.1.

  • Lenders’ Representative means the person duly authorised by the Senior Lenders to act for and on behalf of the Senior Lenders with regard to matters arising out of or in relation to this Agreement, and includes his successors, assigns and substitutes;

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

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

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

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

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

  • Indemnity Escrow Amount means $5,000,000.

  • Indemnity Escrow Account has the meaning set forth in Section 2.3(c).

  • 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.

  • Closing Agent means the attorney, real estate firm, or closing company that is closing the cash sale qualifying purchase transaction and that prepares the cash sale settlement statement.

  • Buyer’s Representatives has the meaning set forth in Section 6.02.

  • Owner’s Representative has the meaning given in Section 2.2.

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

  • 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.

  • Issuer Representative means the Chairman of the Board of the Issuer or such other person at the time, and from time to time, designated by written certificate of the Issuer furnished to the Borrower containing the specimen signature of such person and signed on behalf of the Issuer by its Chairman. Such certificate shall designate an alternate or alternates, any of whom may act at any time as Issuer Representative.