Stockholder Representative Fund definition

Stockholder Representative Fund shall have the meaning set forth in Section 1.9(e).

Stockholder Representative Fund has the meaning set forth in Section 1.2(c)(ii).

Stockholder Representative Fund means an expense fund established by the Company Holders prior to the Effective Time for the payment of out-of-pocket expenses of the Stockholder Representative pursuant to Section 8.4(c).

Examples of Stockholder Representative Fund in a sentence

• At or before the Effective Time, Parent shall deposit the shares of Parent Stock to be issued as Stockholder Representative Fund Shares (or make appropriate alternative arrangements if uncertificated shares of Parent Stock represented by book-entry shares will be issued) to the account or accounts designated in writing by the Stockholder Representative.

• The Stockholder Representative shall be entitled, but not limited, to such indemnification from the Stockholder Representative Fund before any distribution thereof to the Company Securityholders.

• The Escrow Agent shall disburse the Stockholder Representative Fund only in accordance with a written instrument delivered to the Escrow Agent that is executed by the Stockholder Representative and that instructs the Escrow Agent as to the disbursement of some or all of the Stockholder Representative Fund.

• Interests in the Stockholder Representative Fund shall be non-transferable.

• The fees and expenses of the Auditing Firm shall be borne by the non-prevailing party; provided that if the Company Stockholder Representative is the non-prevailing party, then the Company Stockholder Representative shall satisfy the payment of all such fees and expenses solely from the Company Stockholder Representative Fund, and the Company Stockholder Representative shall not be individually liable with respect to all such amounts.

More Definitions of Stockholder Representative Fund

Stockholder Representative Fund means the Stockholder Representative Amount, which shall be maintained and administered by the Stockholder Representative in accordance with Section 2.6.

Stockholder Representative Fund means an amount equal to $400,000 which is to be paid to the Stockholder Representative on the Closing Date as the Stockholder Representative fund and which will paid by a Person other than the Company, Safeguard or any Affiliate of Safeguard.

Stockholder Representative Fund is defined in Section 1.7(b)(ii).

Stockholder Representative Fund means a segregated account containing the Stockholder Representative Expense Amount.

Stockholder Representative Fund has the meaning set forth in Section 11.14(d).

Stockholder Representative Fund means Two Million Dollars ($2,000,000), together with any dividends, interest, gains and other distributions on such amount, as reduced from time to time by the amount of monies distributed from the Stockholder Representative Fund in accordance with Section 8.5 of this Agreement.

Stockholder Representative Fund means an amount equal to $250,000, to be held by the Escrow Agent in a separate account and made available to the Stockholder Representative for the performance of his duties, and related costs and expenses, pursuant to the terms of the Escrow Agreement. Upon the Indemnity Escrow Fund Termination Date, any amounts remaining in the Stockholder Representative Fund shall be released to the Stockholder Representative for distribution to the Stockholders or retained for costs and expenses of the Stockholder Representative for the performance of his duties hereunder, as reasonably determined by the Stockholder Representative.