Reimbursement Amount definition
Examples of Reimbursement Amount in a sentence
The Parties acknowledge and agree that the Mutual Reimbursement Amount is not a penalty but rather is liquidated damages in a reasonable amount that will reimburse the receiving Party for the efforts and resources expended while negotiating this Agreement and the Definitive Agreements and in reliance on such agreements and on the expectation of the consummation of the Transactions.
The Parties acknowledge and agree that the Expense Reimbursement Amount is not a penalty, but rather is liquidated damages in a reasonable amount that will reimburse Open World for the efforts and resources expended while negotiating this Agreement and the Definitive Agreements and in reliance on such agreements and on the expectation of the consummation of the Transactions.