Group Expenses means salaries and wages, compensation, payroll taxes, and employee benefits of Employee Providers and Subcontract Providers, all as set forth in, and subject to and limited by, the Annual Budget.
Group Expenses has the meaning set forth in the Cash Distribution Policy.
Group Expenses means (A) fees, costs and expenses to the extent related to the Preferred Units, including independent director fees (if such independent directors are required to be on the Board of Directors or if the Oaktree Member and the Brookfield Member otherwise agree to appoint such independent directors), regulatory filing fees, fees, costs and expenses of legal counsel or other professional advisors to the extent engaged in connection with the Preferred Units, and any other fees, costs and expenses incurred in connection with any claims made by holders of Preferred Units (provided that, for the avoidance of doubt, this clause (A) shall not include payments on the Preferred Units in respect of any distributions, dividends or principal, including by way of any redemption, repurchase or the exercise of any call right), (B) fees, costs, expenses and other liabilities to the extent arising from or related to (1) the activities of the Company, its Intermediate Subsidiaries and the Oaktree Operating Group prior to the Closing Date, (2) claims, causes of action, investigations or other legal proceedings related to the Mergers and the other Contemplated Transactions (as defined in the Merger Agreement), or the activities of the Company, its Intermediate Subsidiaries and the Oaktree Operating Group prior to the Closing Date, (3) the enforcement by the Oaktree Member (or its general partner) or any member of the Oaktree Operating Group of any provision of Article X of the OCGH Partnership Agreement and (4) any other matter which the Oaktree Member and the Brookfield Member, each acting reasonably, agree relate to the business of the Oaktree Operating Group, (C) the portion, if any, of any fees, costs and expenses borne by the Company, SubCo or the Intermediate Subsidiaries to the extent relating to directors’ and officers’ liability insurance of the Company, its Intermediate Subsidiaries and the Oaktree Operating Group, including (1) the portion, if any, of the cost of maintaining such insurance coverage in existence on the Merger Closing Date that is borne by the Company, SubCo or the Intermediate Subsidiaries and (2) the portion, if any, of all costs associated with obtaining a prepaid “tail” insurance policy for the period following a “change of control” event (as such term is defined in the Company’s applicable directors’ and officers’ liability insurance policy on the Merger Closing Date) that is borne by the Company, SubCo or the Intermediate Subsidiaries and (D) fee...
Examples of Group Expenses in a sentence
Any such amounts paid by Agent shall constitute Lender Group Expenses and any such payments shall not constitute an agreement by the Lender Group to make similar payments in the future or a waiver by the Lender Group of any Event of Default under this Agreement.
Borrowers promise to pay all of the Obligations (including principal, interest, premiums, if any, fees, costs, and expenses (including Lender Group Expenses)) in full on the Maturity Date or, if earlier, on the date on which the Obligations (other than the Bank Product Obligations) become due and payable pursuant to the terms of this Agreement.
Each Loan Party agrees to cooperate in respect of the conduct of such due diligence and further agrees that the reasonable costs and charges for any such due diligence by Agent shall constitute Lender Group Expenses hereunder and be for the account of Borrowers.
Any such amounts paid by Agent shall constitute Lender Group Expenses.
Borrower promises to pay all of the Obligations (including principal, interest, premiums, if any, fees, costs, and expenses (including Lender Group Expenses)) in full on the Maturity Date or, if earlier, on the date on which the Obligations (other than the Bank Product Obligations) become due and payable pursuant to the terms of this Agreement.
More Definitions of Group Expenses
Group Expenses means salaries and wages, -------------- compensation, payroll taxes, and employee benefits of Employee Providers and Subcontract Providers, all as set forth in, and subject to and limited by, the Annual Budget. Notwithstanding the preceding, 34.211% of salaries and wages, compensation and payroll taxes of Group's shareholder employees, who were both shareholders and employees of Group as of January 1, 1997, and for so long as such shareholders remain Employee Providers pursuant to their respective Dental Employment Agreements as in existence on January 1, 1997, shall be specifically excluded from Group Expenses and payment of such amounts shall be the sole obligation of the Group.
Group Expenses means amounts payable to -------------- Xxxxxxx Xxxxxxx, D.D.S. under any applicable Profit Distribution Agreement and any applicable, salaries, wages, compensation, payroll taxes, and employee benefits of Xxxxxxx Xxxxxxx, D.D.S., Employee Providers and Subcontract Providers, all as set forth in, and subject to and limited by, the Annual Budget.
Group Expenses means (A) fees, costs and expenses to the extent related to the Preferred Units, including independent director fees (if such independent directors are required to be on the Board of Directors or if the Oaktree Member and the Brookfield Member otherwise agree to appoint such independent directors), regulatory filing fees, fees, costs and expenses of legal counsel or other professional advisors to the extent engaged in connection with the Preferred Units, and any other fees, costs and expenses incurred in connection with any claims made by holders of Preferred Units (provided that, for the avoidance of doubt, this clause (A) shall not include payments on the Preferred Units in respect of any distributions, dividends or principal, including by way of any redemption, repurchase or the exercise of any call right), (B) fees, costs, expenses and other liabilities to the extent arising from or related to (1) the activities of the Company, its Intermediate Subsidiaries and the Oaktree Operating Group prior to the Closing Date, (2) claims, causes of action, investigations or other legal proceedings related to the Mergers and the other Contemplated Transactions (as defined in the Merger Agreement), or the activities of the Company, its Intermediate Subsidiaries and the Oaktree Operating Group prior to the Closing Date, (3) the enforcement by the Oaktree Member (or its general partner) or any member of the Oaktree Operating Group of any provision of Article X of the OCGH Partnership Agreement and (4) any other matter which the Oaktree Member and the Brookfield Member, each acting reasonably, agree relate to the business of the Oaktree Operating Group, (C) the portion, if any, of any fees, costs and expenses borne by the Company, SubCo or the Intermediate Subsidiaries to the extent relating to directors’ and officers’ liability insurance of the Company, its Intermediate Subsidiaries and the Oaktree Operating Group, including (1) the
Group Expenses. “Closing Cash Amount” means the aggregate value of the unrestricted cash and cash equivalents held by AOH, OCG and the Intermediate Subsidiaries immediately prior to the closing of the Merger. For the avoidance of doubt, the Closing Cash Amount excludes cash and cash equivalents (if any) contributed or paid by Brookfield and its Affiliates. Upon request, AOH, OCG, Atlas, or such Intermediate Subsidiary, as applicable, shall provide OCGH with reasonable supporting materials regarding such Group Expenses, including a certification from an
Group Expenses. “Closing Cash Amount” means the aggregate value of the unrestricted cash and cash equivalents held by AOH, OCG and the Intermediate Subsidiaries immediately prior to the closing of the Merger. For the avoidance of doubt, the Closing Cash Amount excludes cash and cash equivalents (if any) contributed or paid by Brookfield and its Affiliates. Upon request, AOH, OCG, Atlas, or such Intermediate Subsidiary, as applicable, shall provide OCGH with reasonable supporting materials regarding such Group Expenses, including a certification from an officer of AOH, OCG, Atlas, or such Intermediate Subsidiary, as applicable, that such information is complete and accurate in all material respects.
Group Expenses has the meaning set forth in the Cash Distribution Policy. “Holdings” has the meaning set forth in the preamble of this Agreement. “Incapacity” means, with respect to any Person, the bankruptcy, dissolution, termination, entry of an order of incompetence, or the insanity, permanent disability or death of such Person. “Indemnified Person” means (a) any Person who is or was a Partner, Officer, or Partnership Representative (together with any “designated individual” within the meaning
Group Expenses. “Closing Cash Amount” means the aggregate value of the unrestricted cash and cash equivalents held by AOH, OCG and the Intermediate Subsidiaries immediately prior to the closing of the Merger. For the avoidance of doubt, the Closing Cash Amount excludes cash and cash equivalents (if any) contributed or paid by Brookfield and its Affiliates. Upon request, AOH, OCG, Atlas, or such Intermediate Subsidiary, as applicable, shall provide OCGH with reasonable supporting materials regarding such Group Expenses, including a certification from an officer of AOH, OCG, Atlas, or such Intermediate Subsidiary, as applicable, that such information is complete and accurate in all material respects. (d) For the avoidance of doubt, any special distribution made pursuant to Section 4.03(a), 4.03(b) or 4.03(c) shall be in addition to, and shall not count towards determining