Common use of Representative Expenses Clause in Contracts

Representative Expenses. The Representative may incur out-of-pocket costs and expenses on behalf of the Noteholders and Stockholders in its capacity as the Representative, including, without limitation, with respect to the determination of the merger consideration pursuant to Article II and the indemnification obligations of the Noteholders and Stockholders under Article VIII (“Representative Expenses”). The Noteholders and Stockholders shall reimburse the Representative for Representative Expenses in proportion to their respective Merger Shares Percentage.

Appears in 2 contracts

Sources: Merger Agreement (Matrixone Inc), Merger Agreement (Matrixone Inc)