Examples of Representative Expenses in a sentence
The Representative will have the right to recover General Representative Expenses from the Representative Fund as such General Representative Expenses are incurred.
In the event that neither the Representative Fund nor the Litigation Escrow Fund are available to reimburse the Representative for Litigation Representative Expenses, the Indemnifying Founders shall indemnify the Representative according to their Aggregate Litigation Funding Percentage for such expenses.
Upon any payment to the Stockholder Representative of amounts from the Escrow Fund for distribution to the Indemnifying Parties pursuant to Sections 8.4 and 8.5, the Stockholder Representative shall have the right to recover the Stockholder Representative Expenses from the remaining Escrow Fund, up to an aggregate of $5,000.
The Holder Representative shall retain the Holder Representative Expenses Amount for the purpose of paying any fees, costs, expenses and Taxes incurred, or that may in the future be incurred, by the Holder Representative in connection with the performance of its obligations under this Agreement and each of the documents to be executed in connection with the transactions contemplated hereby.
The Holder Representative shall have the right, but not the obligation, exercisable in its sole discretion, to distribute to the Pre-Closing Holders at any time such Pre-Closing Holder’s Escrow Percentage of the Holder Representative Expenses Amount.