Examples of Stockholder Representative Expense Amount in a sentence
The Stockholder Representative Expense Amount may be used at any time by the Stockholder Representative to fund or reimburse any expenses incurred by it in the performance of its duties and obligations hereunder and under the Escrow Agreement.
In line with this objective, Japan is aim to contribute to the realization of sustainable economic growth of urban networks through infrastructure development, while paying attention to project formation utilizing Japanese technologies and knowledge.
To the extent that the amount included in the Stockholder Representative Expense Amount exceeds such payments, expenses, disbursements or advances, the Stockholder Representative will, at such time as it deems reasonable in its sole discretion, pay such excess to the Company Stockholders in accordance with their respective Pro Rata Percentages.
The Closing Date Payment Amount shall be equal to (1) the Estimated Merger Consideration, minus (2) the aggregate amount of the Option Payments, if any, minus (3) the Adjustment Escrow Amount, minus (4) the Indemnity Escrow Amount, minus (5) the Stockholder Representative Expense Amount, minus (6) the amount that would have been paid in respect of a Dissenting Share in accordance with this Section 3.2 if such share did not constitute a Dissenting Share.
Funds held as the Stockholder Representative Expense Amount need not be invested and shall accrue no interest.