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).
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Stockholder Representative Reserve shall have the meaning set forth in the Merger Agreement.
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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.
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Examples of Stockholder Representative Reserve in a sentence

  • PREMIUMSThe Group is responsible for payments to VSP of the periodic charges for your coverage.

  • 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.

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

  • 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.

  • Promptly following appointment of a successor Stockholder Representative, the former Stockholder Representative shall distribute the Stockholder Representative Reserve to the successor Stockholder Representative, less all costs, fees and expenses which it reasonably believes it may be obligated to pay thereafter in connection this Agreement.

  • Upon delivery of the Stockholder Representative Reserve as provided above, the former Stockholder Representative shall be discharged of all further obligations hereunder.

  • The cost of such review and report shall be borne by the Parent, on the one hand, and the Stockholder Representative, on the other hand, based on the percentage which the portion of the contested amount not awarded to a party bears to the amount actually contested by such party, with the portion of any payment due from the Equityholders paid by the Stockholder Representative from the Stockholder Representative Reserve Fund.

  • 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.

  • The Stockholder Representative shall be entitled to pay such amounts from the Stockholder Representative Reserve.

  • Any amounts distributed to the Equityholders from the Stockholder Representative Reserve Fund shall be distributed to such Equityholders pro rata based upon their respective Closing Percentages; provided, that any payment to be made to holders of Vested Options shall be made by the Stockholder Representative to the Surviving Corporation and, after any applicable tax withholding have been made, the Surviving Corporation shall pay the remaining amounts to holders of Vested Options as provided above.


More Definitions of Stockholder Representative Reserve

Stockholder Representative Reserve has the meaning ascribed to it in Section 2.6(c)(v).
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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.
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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.
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Stockholder Representative Reserve means [*] Dollars [*].
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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.
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Stockholder Representative Reserve means One Million Dollars ($1,000,000).
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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 Holders’ Representative named in the first paragraph of this Agreement or any direct or indirect successor Holders’ Representative designated in accordance with Section 6.3.

  • 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).

  • Buyer Representatives shall have the meaning set forth in Section 6.4(a).

  • 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 Chairman of the Board of the Issuer or such other person at the time, and from time to time, designated by written certificate of the Issuer furnished to the Borrower containing the specimen signature of such person and signed on behalf of the Issuer by its Chairman. Such certificate shall designate an alternate or alternates, any of whom may act at any time as Issuer Representative.

  • 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.