Transaction Advisors definition
Examples of Transaction Advisors in a sentence
In addition to the fees payable pursuant to this Agreement, the Company, shall pay directly or reimburse each of the Transaction Advisors and its affiliates for the out-of-pocket costs and expenses incurred by such Transaction Advisor or its affiliates in connection with the Transactions.
Notwithstanding the foregoing, this Section 6.9 shall not constitute a waiver by any API Entity Party of any legal conflict to the extent of authorizing the Acquiror Transaction Advisors to serve as litigation counsel in connection with any dispute.
The Parties each acknowledge that the Transaction Advisors have been retained as consultants for assisting the Authority in developing an effective framework for the development of the Project and selection of the Concessionaire through a fair and transparent competitive bidding process.
Notwithstanding the foregoing, this Section 6.9 shall not constitute a waiver by any Acquiror Party of any legal conflict to the extent of authorizing the API Transaction Advisors to serve as litigation counsel in connection with any dispute.
The Transaction Costs and Expenses shall be paid by the Company directly (I.E., the fees and expenses of the Transaction Advisors shall be paid by the Company directly to the Transaction Advisors) and shall not be satisfied from any amounts otherwise paid by the Company under the Existing Documents.
Each party hereto (i) acknowledges the retention of the Transaction Advisors to the Company in connection with the 2015 Acquisition and (ii) acknowledges that such relationships do not create any fiduciary duties or fiduciary responsibilities to such Commitment Party on the part of GS Bank, Bank of America or their respective affiliates.
This Section 6.9 is for the benefit of the Transaction Advisors (including its partners and employees), which are intended third-party beneficiaries of this Section 6.9.
That the Authority reserves the right to review the progress of work being performed by Transaction Advisors, the Transaction Advisor under this contract and shall have right to terminate the contract at one month’s notice and may forfeit entire / part of the Bank Guarantee if not found satisfactory in reference and requirement to the terms and conditions of this Agreement.
Participant shall be solely responsible for the expenses related to Transaction Advisors (it being acknowledged by the Parties that such expenses are estimated to be up to, but may exceed, $3,000,000), other than expenses contingent on a successful closing of a Public Transaction (e.g., underwriting expenses, but not any legal, financial advisory, accounting or auditing fees of any party participating in such Public Transaction).