Common use of Approval of Break-Up Fee Clause in Contracts

Approval of Break-Up Fee. In consideration for Buyer having expended considerable time and expense in connection with this Agreement and the negotiation thereof and the identification and quantification of assets of Sellers, Sellers shall pay to Buyer a break-up fee in the amount of Three Hundred Dollars ($300.00) (the “Break-Up Fee”) promptly upon the effective date of termination of this Agreement in accordance with the provisions of Section 4.4(c).

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement

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Approval of Break-Up Fee. In consideration for Buyer having expended considerable time and expense in connection with this Agreement and the negotiation thereof and the identification and quantification of assets of Sellers, Sellers shall pay to Buyer a break-up fee in the amount of Three Hundred Thousand Dollars ($300.003,000.00) (the “Break-Up Fee”) promptly upon the effective date of termination of this Agreement in accordance with the provisions of Section 4.4(c).

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement

Approval of Break-Up Fee. In consideration for Buyer Xxxxx having expended considerable time and expense in connection with this Agreement and the negotiation thereof and the identification and quantification of assets of Sellers, Sellers shall pay to Buyer a break-up fee in the amount of Three Hundred Nine Thousand Dollars ($300.009,000.00) (the “Break-Up Fee”) promptly upon the effective date of termination of this Agreement in accordance with the provisions of Section 4.4(c).

Appears in 1 contract

Samples: Asset Purchase Agreement

Approval of Break-Up Fee. In consideration for Buyer having expended considerable time and expense in connection with this Agreement and the negotiation thereof and the identification and quantification of assets of Sellers, Sellers shall pay to Buyer a break-up fee in the amount of Three Hundred Nine Thousand Dollars ($300.009,000.00) (the “Break-Up Fee”) promptly upon the effective date of termination of this Agreement in accordance with the provisions of Section 4.4(c).

Appears in 1 contract

Samples: Asset Purchase Agreement

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Approval of Break-Up Fee. In consideration for Buyer Xxxxx having expended considerable time and expense in connection with this Agreement and the negotiation thereof and the identification and quantification of assets of Sellers, Sellers shall pay to Buyer a break-up fee in the amount of Three Hundred Dollars ($300.00) (the “Break-Up Fee”) promptly upon the effective date of termination of this Agreement in accordance with the provisions of Section 4.4(c).

Appears in 1 contract

Samples: Asset Purchase Agreement

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