H&F Funds definition
Examples of H&F Funds in a sentence
Section 2 of this Agreement shall terminate on the later of 2 years after the date of this Agreement or the date when the H&F Funds collectively own less than 2,285,000 Registrable Shares (appropriately adjusted for stock splits, combinations, stock dividends and similar transactions).
The parties hereto waive the requirements of Section 3.04 of the Shareholders' Agreement solely to the extent necessary to permit PJS and the H&F Funds to transfer 4,349 shares and 195,651 shares of the Common Shares that PJS and the H&F Funds beneficially own to the Ares Funds at any time prior to April 6, 2001.
APAM shall reimburse each H&F Fund for its reasonable out-of-pocket expenses incurred in connection with the transactions contemplated by this Agreement, including the reasonable expenses of the H&F Funds’ outside counsel (the “H&F Expenses”), provided that APAM will not, and shall have no obligation to, reimburse the H&F Funds for any expenses if the Offering is not completed.
If the parties hereto mutually agree to cease pursuit of the Offering and the other transactions contemplated by this Agreement, then the H&F Funds shall reimburse APAM for one-half of the difference between (x) APAM’s reasonable out-of-pocket expenses incurred in connection with the Offering and other transactions contemplated by this Agreement, including the reasonable expenses of APAM’s outside counsel and independent auditor and (y) the H&F Expenses.
This Agreement shall become effective upon its execution and delivery by each party hereto and shall terminate upon the earlier of (i) written notification by APAM to the H&F Funds that it does not intend to proceed with the Offering and (ii) December 31, 2013 in the event that the Offering shall not have been consummated on or prior to such date.
The Company agrees to furnish to the DLJ Funds, the DLJIP Funds, the H&F Funds and ▇▇▇▇▇ ▇.
APAM and the H&F Funds shall have no obligation to purchase or sell, respectively, any Preferred Units or Preferred Shares, and neither APAM nor any Selling Preferred Unit Holder shall have any obligation to pay to Holdings its Special Make-Whole Amounts, unless the Offering is consummated.