Reimbursement of Legal Fees definition

Reimbursement of Legal Fees. On the Trade Date, Counterparty shall pay to all Sellers an amount (the “Trade Date Fee Amount”) equal to the lesser of (a) the attorney fees and other reasonable expenses related thereto incurred by the Sellers or their affiliates in connection with the Transactions entered into by the Sellers, on a several and not joint basis (the “Legal Fees”) and (b) $100,000 (the “Fee Cap Amount”). If the Trade Date Fee Amount is less than the Fee Cap Amount, on the Effective Date, Counterparty shall pay to all Sellers an amount equal to the lesser of (a) the Legal Fees incurred by the Sellers but not reimbursed under the Trade Date Fee Amount and (b) Fee Cap Amount minus the Trade Date Fee Amount. For the avoidance of doubt, notwithstanding the several and not joint nature of each Seller’s obligations hereunder, the “Reimbursement of Legal Fees” provisions will be calculated on an aggregate basis across all Sellers.
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Reimbursement of Legal Fees. The Company shall reimburse the Executive for the legal fees and expenses that the Executive incurs in connection with the negotiation and execution of this term sheet (this “Term Sheet”) and the Agreement, but not in an amount in excess of $25,000.
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Examples of Reimbursement of Legal Fees in a sentence

  • Costs incurred by the MOD contractor in defending any legal proceedings, and/or satisfying any judgement, should be recovered from DIO SD Accommodation on submission of itemised bills in accordance with the established invoicing and bill paying procedures (see Contract, Schedule 3, clause 46 – Reimbursement of Legal Fees).

  • Costs incurred by the MOD Contractor in defending any legal proceedings, and/or satisfying any judgement, should be recovered from DIO Accommodation on submission of itemised bills in accordance with the established invoicing and bill paying procedures (see Contract, Schedule 3, clause 46 – Reimbursement of Legal Fees).

  • Reimbursement of Legal Fees You will be reimbursed any legal fees incurred in connection with enforcing this agreement.

  • Reimbursement of Legal Fees and Other Expenses: On the Trade Date, Counterparty shall pay to Seller an amount equal to the reasonable and documented attorney fees and other reasonable and documented expenses related to such attorney fees incurred by Seller or its affiliates in connection with this Transaction in an amount not to exceed $10,000.

  • Pursuant to Section 5.2 (Reimbursement of Legal Fees), the Company will provide an eligible Participant with reimbursement for reasonable legal fees and expenses incurred as a result of a Separation from Service or Constructive Termination under the terms of the Plan.

  • Section 5.3 Reimbursement of Legal Fees and Expenses and Other Expenses.

  • Reimbursement of Legal Fees and Other Expenses: On the Effective Date, Counterparty shall pay to Seller an amount equal to the reasonable attorney fees andother reasonable out-of-pocket expenses related thereto actually incurred by Seller or its affiliates in connection with this Transaction.

  • ARTICLE VI MISCELLANEOUS Section 6.1 Reimbursement of Legal Fees and Expenses and Other Expenses.

  • Scoring models are most useful when there are multiple projects and several criteria to be considered.

  • Right to Reimbursement of Legal Fees: California Civil Code § 846.1 Landowners have failed to take advantage of this protection, enacted in 1996.

Related to Reimbursement of Legal Fees

  • Legal Fees shall have the meaning set forth in Section 8(b) of the Subscription Agreement;

  • Expense Reimbursement has the meaning set forth in Section 8.2(c).

  • Reimbursement Payment shall have the meaning given to that term in Subparagraph 2.02(c).

  • School Fees means the money payable by the Parent/s to the School in connection with a Student’s education, excluding any Enrolment Fee, Deposit or Additional Fees.

  • L/C Disbursements a payment or disbursement made by the Issuing Lender pursuant to a Letter of Credit.

  • Advance Reimbursement Amounts As defined in Section 3.29 hereof.

  • Specified Legal Expenses means, to the extent not constituting an extraordinary, non-recurring or unusual loss, charge or expense, all attorneys’ and experts’ fees and expenses and all other costs, liabilities (including all damages, penalties, fines and indemnification and settlement payments) and expenses paid or payable in connection with any threatened, pending, completed or future claim, demand, action, suit, proceeding, inquiry or investigation (whether civil, criminal, administrative, governmental or investigative).

  • Professional Fees means amounts billed or to be billed to a client for legal services provided or to be provided to the client by the lawyer or the lawyer’s firm;

  • Special Reimbursement Date means, the special payment date established in connection with a Reimbursement under Special Circumstances as described hereunder “Extraordinary Events and Special Circumstances – Reimbursement Under Special Circumstances and Payment”.

  • Administration Fees The sum of (i) the Servicing Fee, (ii) the Master Servicing Fee and (iii) the Credit Risk Management Fee.

  • Reimbursement Amounts As defined in Section 3.22.

  • L/C Disbursement means a payment or disbursement made by an Issuing Bank pursuant to a Letter of Credit.

  • Class Expenses means expenses incurred by a particular Class in connection with a shareholder services arrangement or a distribution plan that is specific to such Class or any other differing share of expenses or differing fees, in each case pursuant to a plan adopted by the Trust pursuant to Rule 18f-3 under the 1940 Act, as such plan or Rule may be amended from time to time;

  • Payment Date Advance Reimbursement has the meaning set forth in Section 8.03(a)(iii)(A) of the 20[•]-[•] Servicing Supplement.

  • Agent's Fees shall have the meaning assigned to such term in Section 3.5(c).

  • Reimbursement Date as defined in Section 2.4(d).

  • Tuition Fees means a sum specified in the Offer Letter, payable by the Student to cover tuition, access to College facilities, enrolment procedures and orientation meetings, use of Information Technology facilities, exam sitting and a Kaplan award on successful completion of the Programme; and

  • Workout-Delayed Reimbursement Amounts With respect to any Mortgage Loan or Serviced Loan Combination, the amount of any Advance made with respect to such Mortgage Loan or Serviced Loan Combination on or before the date such Mortgage Loan or Serviced Loan Combination becomes (or, but for the making of three monthly payments under its modified terms, would then constitute) a Corrected Loan, together with (to the extent accrued and unpaid) interest on such Advances, to the extent that (i) such Advance is not reimbursed to the Person who made such Advance on or before the date, if any, on which such Mortgage Loan or Serviced Loan Combination becomes a Corrected Loan and (ii) the amount of such Advance becomes a future obligation of the Mortgagor to pay under the terms of modified Loan Documents. That any amount constitutes all or a portion of any Workout-Delayed Reimbursement Amount shall not in any manner limit the right of any Person hereunder to determine in the future that such amount instead constitutes a Nonrecoverable Advance.

  • Settlement Administration Expenses means the Settlement Administrator’s fee, and the expenses incurred by the Settlement Administrator in providing Notice, processing claims, exclusions, and objections, responding to inquiries from members of the Settlement Class, mailing checks for Approved Claims, and related services, paying taxes and tax expenses related to the Settlement Fund (including all federal, state or local taxes of any kind and interest or penalties thereon, as well as expenses incurred in connection with determining the amount of and paying any taxes owed and expenses related to any tax attorneys and accountants).

  • Additional Fees means those prices for the Additional Goods/Services and additional costs and levies required from time to time and notified to you in advance, to provide adequately for the education and related activities and services provided to your Child, including the costs of extra-curricular activities or special educational needs;

  • Reimbursement means that DOH will repay the Contractor for allowable costs incurred under the terms of this contract.

  • Administrative Fees shall have the meaning assigned to such term in Section 2.06(b).

  • Administration Expenses Payment means the amount the Administrator will be paid from the Gross Settlement Amount to reimburse its reasonable fees and expenses in accordance with the Administrator’s “not to exceed” bid submitted to the Court in connection with Preliminary Approval of the Settlement.

  • L/C Fees has the meaning set forth in Section 3.4(c).