Representative Expense Amount definition

Representative Expense Amount means $250,000.

Representative Expense Amount means an amount in cash equal to $500,000.

Representative Expense Amount means $500,000, as may be adjusted by the Stockholder Representative prior to the delivery of the Closing Consideration Schedule.

Examples of Representative Expense Amount in a sentence

• Any portion of the Representative Expense Amount released to the Company Equityholders will be treated, for Tax and all other purposes, as additional consideration for the First Merger.

• The Stockholder Representative will be entitled to full reimbursement for all expenses, disbursements and advances (including service fees and disbursements of its counsel, experts, advisors, consultants, agents or other representatives, including Affiliates of the Stockholder Representative) incurred by or on behalf of the Stockholder Representative in such capacity from the Representative Expense Amount in accordance with the terms of this Agreement.

• At the Closing, pursuant to Section ‎2.3(b)(iv), Parent shall deliver the Representative Expense Amount to the Stockholder Representative.

• Funds held as the Representative Expense Amount need not be invested and shall accrue no interest.

• The Company Equityholder Representative shall hold, invest, reinvest and disburse the Company Equityholder Representative Expense Amount in trust for all of the Company Equityholders, and the Company Equityholder Representative Expense Amount shall not be used for any other purpose and shall not be available to the Buyer to satisfy any claims hereunder.

More Definitions of Representative Expense Amount

Representative Expense Amount means [**] Dollars ($[**]).

Representative Expense Amount has the meaning set forth in Section 11.2(b).

Representative Expense Amount has the meaning set forth in Section 1.06(a)(v).

Representative Expense Amount means $100,000.

Representative Expense Amount means Fifty Thousand US Dollars ($50,000.00).

Representative Expense Amount means $1,500,000 to be held and distributed by the Sellers’ Representative pursuant to Section 3.3(g) hereof.

Representative Expense Amount is defined in Section 1.6(c).