Stockholder Representative Fund definition

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

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).

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

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 Closing Allocation Schedule also shall set forth each Company Holder’s Pro Rata Portion and each such Company Holder’s allocation (expressed as a dollar amount) of each of the Escrow Account, Stockholder Representative Fund.

• Upon the completion of the Stockholder Representative’s duties hereunder, any funds remaining in the Stockholder Representative Fund shall be deposited with the Paying Agent, for the benefit of the former holders of Participating Shares as additional Merger Consideration (a “Representative Fund Distribution”).

• A-11 Stockholder Representative Fund .........................................................................................

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 the amount of $1,000,000, to be used by the Stockholder Representative to cover the costs and expenses of the Sellers following the Closing.

Stockholder Representative Fund means $700,000.00.

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 is defined in Section 1.7(b)(ii).

Stockholder Representative Fund means an amount in cash equal to $500,000 contributed on a pro rata basis by the Company Securityholders.

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