Expense Cap definition

Expense Cap shall be equal to an Expense Ratio for the Funds as set forth on Exhibit A.

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Expense Cap has the meaning set forth in the Fee Letter.

Expense Cap shall have the meaning set forth in Section 8 hereof;

Examples of Expense Cap in a sentence

SPAC shall have a minimum amount of cash available at Closing of not less than $75,000,000, after deducting SPAC Transaction Expenses up to the Expense Cap and accounting for all redemptions of SPAC Shares pursuant to Redemption Rights (the “Minimum SPAC Cash Amount”).
For the avoidance of doubt: (i) if this Agreement is terminated in accordance with its terms, (A) the Company shall pay, or cause to be paid, all unpaid Company Transaction Expenses, and (B) SPAC shall pay, or cause to be paid, all unpaid SPAC Transaction Expenses; and (ii) if the Closing occurs, SPAC shall pay, or cause to be paid, any unpaid Company Transaction Expenses and SPAC Transaction Expenses up to the Expense Cap.
SPAC shall have entered into binding written agreements with the holders of any working capital loans (to the extent not included within the Expense Cap) to convert the unpaid amounts to equity immediately prior to Closing, such that the equity dilution will be borne by either the Sponsor or the SPAC Shareholders, but not the Company Shareholders.

Expense Cap has the meaning specified in Section 5.2(a).

Expense Cap has the meaning set forth in Section 9.4(c).

Expense Cap has the meaning set forth in Section 14.1.

Expense Cap shall have the meaning set forth in the Pricing Side Letter.

Expense Cap means, as of any Determination Date, U.S.$100,000.

Expense Cap means, for each year ending June 30, an annual amount equal to

Expense Cap means, for each year ending June 30, an annual amount equal to $50,000.