Securityholder Representative Reserve definition

Securityholder Representative Reserve means $150,000, intended to defray the costs and expenses incurred by the Securityholder Representative in connection with its obligations under this Agreement and the applicable Ancillary Agreements and which will be treated for all purposes as a Company Transaction Expense.
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Securityholder Representative Reserve means $500,000.
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Securityholder Representative Reserve means $250,000.
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Examples of Securityholder Representative Reserve in a sentence

  • The Securityholder Representative is not providing any investment supervision, recommendations or advice and shall have no responsibility or liability for any loss of principal of the Securityholder Representative Reserve other than as a result of its gross negligence or willful misconduct.

  • The Securityholder Representative is not acting as a withholding agent or in any similar capacity in connection with the Securityholder Representative Reserve and has no tax reporting or income distribution obligations.

  • As soon as reasonably determined by the Securityholder Representative that the Securityholder Representative Reserve is no longer required to be withheld, the Securityholder Representative shall distribute the remaining Securityholder Representative Reserve (if any) to the Paying Agent for further distribution to the Effective Time Holders.

  • The Effective Time Holders will not receive any interest on the Securityholder Representative Reserve and assign to the Securityholder Representative any such interest.

  • Subject to Advisory Group approval, the Securityholder Representative may contribute funds to the Securityholder Representative Reserve from any consideration otherwise distributable to the Effective Time Holders.

  • Syneron and the Surviving Company shall have no liability or responsibility to the Primaeva Stockholders with respect to the Securityholder Representative Reserve or the actions and responsibilities of the Securityholder Representative contemplated by this Section 2.12.

  • The Securityholder Representative Reserve (and earnings thereon) may be applied as the Securityholder Representative, in its sole discretion, determines appropriate to defray, offset, or pay any charges, fees, costs, liabilities or expenses of the Securityholder Representative incurred in connection with the transactions contemplated by this Agreement or the Escrow Agreement.

  • The Securityholder Representative Reserve Fund Amount shall be retained by the Securityholder Representative and shall be used by the Securityholder Representative solely to satisfy any costs or expenses of the Securityholder Representative in connection with its acting as the Securityholder Representative pursuant to this Agreement.

  • Notwithstanding the foregoing, the Securityholder Representative Reserve shall only be so distributed when the Securityholder Representative determines, in its sole discretion, that such distribution is appropriate.

  • The Securityholder Representative Reserve Fund Amount shall be retained by the Securityholder Representative until such time as the Securityholder Representative shall determine in its sole discretion.


More Definitions of Securityholder Representative Reserve

Securityholder Representative Reserve means $75,000.
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Related to Securityholder Representative Reserve

  • Holder Representative has the meaning specified in Section 11.1.

  • Stockholder Representative has the meaning set forth in the preamble.

  • Member Representative means an individual who can make OHP-related decisions for a member who is not able to make such decisions themselves.

  • Shareholder Representative has the meaning set forth in the preamble.

  • Seller Representative means Xxxxx Bank.

  • Controlling Noteholder Representative shall have the meaning assigned to such term in Section 6(a).

  • Note Holder Representative means a Controlling Note Holder Representative or a Non-Controlling Note Holder Representative, as applicable.

  • Holders’ Representative means the representative of the Holders named in the preamble, until a successor Holders’ Representative shall have become such pursuant to the applicable provisions of this Agreement, and thereafter “Holders’ Representative” shall mean such successor Holders’ Representative.

  • Companion Loan Holder Representative With respect to each Serviced Companion Loan, any representative appointed by the related Companion Loan Holder.

  • Stockholders’ Representative has the meaning set forth in the Preamble.

  • Purchaser Representative means any person who satisfies all of the following conditions or who the issuer reasonably believes satisfies all of the following conditions:

  • Issuer Representative means the person or persons at the time designated to act on behalf of the Issuer by written certificate furnished to the Company and the Trustee containing the specimen signatures of such person or persons and signed on behalf of the Issuer by its duly authorized agent. Such certificate may designate an alternate or alternates.

  • Shareholders’ Representative has the meaning set forth in the Preamble.

  • Controlling Note Holder Representative shall have the meaning assigned to such term in Section 6(a).

  • Investment adviser representative means an individual employed by or associated with an investment adviser or federal covered investment adviser and who makes any recommendations or otherwise gives investment advice regarding securities, manages accounts or portfolios of clients, determines which recommendation or advice regarding securities should be given, provides investment advice or holds herself or himself out as providing investment advice, receives compensation to solicit, offer, or negotiate for the sale of or for selling investment advice, or supervises employees who perform any of the foregoing. The term does not include an individual who:

  • Sellers’ Representative has the meaning set forth in the Preamble.

  • Non-Lead Securitization Noteholder Representative shall have the meaning assigned to such term in the definition of “Non-Lead Securitization Noteholder”.

  • Non-Lead Note Holder Representative shall have the meaning assigned to such term in Section 6(c).

  • Seller Representatives has the meaning set forth in Section 5.8(a).

  • Non-Controlling Note Holder Representative shall have the meaning assigned to such term in Section 6(c).

  • Investor Representative has the meaning assigned to such term in Section 2.1(a).

  • Buyer Representatives shall have the meaning set forth in Section 6.4(a).

  • Shareholder Servicing Agent shall have the meaning designated in Section 5.2(f) hereof.

  • Non-Lead Securitization Note Holder Representative means the “Directing Certificateholder” or equivalent Person under the Non-Lead Securitization Servicing Agreement.

  • Owner Representative means that Person or Persons designated by Owner in a written notice to Contractor who shall have complete authority to act on behalf of Owner on all matters pertaining to the Work, including giving instructions and making changes in the Work. The Owner Representative as of the Contract Date is designated in Section 4.9.