Stockholder Representative Reserve definition

Stockholder Representative Reserve means an amount specified by the Company at the time the Company notifies the Warrant Holder of the appointment of the Stockholder Representative pursuant to the Section 5.23 (or, if the Stockholder Representative is appointed by a court of competent jurisdiction pursuant to Section 5.23, an amount specified by such court).
Stockholder Representative Reserve shall have the meaning set forth in the Merger Agreement.
Stockholder Representative Reserve means $100,000, intended to defray the costs and expenses incurred by the Stockholder Representative in connection with his obligations under this Agreement.

Examples of Stockholder Representative Reserve in a sentence

  • At the Warrant Exercise Closing, the Warrant Holder shall pay (a) the Warrant Exercise Payment to the Company, and (b) the Stockholder Representative Reserve Amount to the Company.

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

  • Such written notice of appointment also shall specify the amount of the Stockholder Representative Reserve.

  • If the Company fails to designate a Stockholder Representative in accordance with the previous sentence, then the Warrant Holder may have a court of competent jurisdiction appoint a Stockholder Representative and specify the amount of the Stockholder Representative Reserve.

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

  • The Capex IM was developed after the Electricity Commission was disestablished, and it has expanded upon the rules the former Electricity Commission used to approve projects.

  • At the Warrant Exercise Closing, the Warrant Holder shall pay (a) the Warrant Exercise Payment to the Company, and(b) the Stockholder Representative Reserve Amount to the Company.

  • Soiled uniform exchanges will be by THA authorized Representative request only.

  • The Stockholder Representative Reserve Fund shall be retained by the Stockholder Representative for such time as the Stockholder Representative shall determine in its sole discretion.

  • Parent and the Surviving Corporation shall have no liability or responsibility to the Company Stockholders or holders of Company Stock Options with respect to the Stockholder Representative Reserve or the actions and responsibilities of the Stockholder Representative contemplated by this Section 3.4.


More Definitions of Stockholder Representative Reserve

Stockholder Representative Reserve means $25,000 intended to defray the costs and expenses incurred by the Stockholder Representative in connection with its obligations under this Agreement.
Stockholder Representative Reserve means [*] Dollars [*].
Stockholder Representative Reserve means One Million Dollars ($1,000,000).
Stockholder Representative Reserve means $500,000, intended to defray the costs and expenses incurred by the Stockholder Representative in connection with its obligations under this Agreement.
Stockholder Representative Reserve has the meaning ascribed to it in Section 2.6(c)(v).
Stockholder Representative Reserve means $1,000,000, intended to defray the costs and expenses incurred by the Stockholder Representative in connection with its obligations under this Agreement and the Ancillary Agreements and which shall be treated for all purposes as a Transaction Expense.

Related to Stockholder Representative Reserve

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

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

  • Stockholders’ 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.

  • Seller Representative means Xxxxx Bank.

  • Holder Representative has the meaning specified in Section 11.1.

  • Shareholders’ 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:

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

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

  • 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.

  • 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:

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

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

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

  • Buyer Representatives has the meaning set forth in Section 4(e).

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

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

  • Seller’s Representatives means Seller’s accountants, employees, counsel, environmental consultants, financial advisors, and other representatives.

  • 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.

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

  • Lenders’ Representative means the person duly authorised by the Senior Lenders to act for and on behalf of the Senior Lenders with regard to matters arising out of or in relation to this Agreement, and includes his successors, assigns and substitutes;

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

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

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

  • Engineer’s Representative means the official in the civil/ electrical engineering department who is authorized to be in-charge of the work to which these presents relate. It shall include any other official nominated to attend to the supervision of day to day execution of the work to which this CONTRACT relates.