Breakup Fees Sample Clauses

Breakup Fees. (a) In the event this Agreement is terminated and the Contribution Agreement has terminated pursuant to any event requiring the payment of an Atlas Termination Fee (as defined therein), then the Sellers shall promptly pay to the Purchaser, within one Business Day of termination, a termination fee of $6,000,000. The payment required hereby shall be made by wire transfer of immediate available funds to an account designated in writing by the Purchaser.
Sample 1
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Breakup Fees. (a) If this Agreement is terminated by OpenVision or VERITAS as a result of a OpenVision Stockholder Rejection or by VERITAS pursuant to Section 9.1(j)(i), then OpenVision shall pay to VERITAS (by wire transfer or cashier's check) a nonrefundable fee of $10,000,000 within ten (10) days of the delivery of the notice of termination to or by VERITAS pursuant to Section 9.2. (b) If this Agreement is terminated by OpenVision or VERITAS as a result of a VERITAS Shareholder Rejection or by OpenVision pursuant to Section 9.1(k)(i), then VERITAS shall pay to OpenVision (by wire transfer or cashier's check) a nonrefundable fee of $10,000,000 within ten (10) days of the delivery of the notice of termination to or by OpenVision pursuant to Section 9.2. 10. SURVIVAL OF REPRESENTATIONS 10.1
Sample 1
Breakup Fees. (a) If this Agreement is terminated pursuant to Section 9.1(a) or Section 9.1(c), then Sellers will return the Xxxxxxx Money to Purchasers by payment of an amount in cash in United States Dollars equal to the Xxxxxxx Money to Purchasers within five Business Days of (i) the date that the Agreement is terminated by the mutual written consent of Purchasers and Sellers pursuant to Section 9.1(a) or (ii) the date that the notice terminating this Agreement is delivered pursuant to Section 9.1(c), as applicable.
Sample 1
Breakup Fees. Any breakup fees received by the General Partner or any Affiliate thereof in connection with an Investment intended to be made by the Fund that is not consummated shall be paid to the Fund (and shall be deemed to have been received by the General Partner or its Affiliate as nominee for the Fund); provided, however, if the General Partner determines that any such fees would not constitute income described in Section 856(c)(2) of the Code, the General Partner shall retain and, notwithstanding anything in Article V hereof to the contrary, be specially allocated an amount thereof such that income not described in Section 856(c)(2) of the Code equals no more than 4.9% of the total income allocated to the REIT hereunder.
Sample 1

Related to Breakup Fees

  • Escrow Fees The fee of the Escrow Agent is a fee of $1,500, $750 of which shall be paid by the registrant at the opening of escrow and the remainder of which fee shall be paid after the close of the offering. In addition, all hard costs (wire fees, etc.) shall be deducted from disbursements.

  • Closing Fees On the Effective Date, the Borrower agrees to pay to the Administrative Agent and each Lender all loan fees as have been agreed to in writing by the Parent and the Joint Lead Arrangers.

  • L/C Fees Borrower shall pay to Agent for the account of each Lender in accordance with its Applicable Percentage an L/C fee (the “L/C Fee”) for each Letter of Credit equal to the Applicable Rate times the daily amount available to be drawn under such Letter of Credit. For purposes of computing the daily amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.06. L/C Fees shall be (A) due and payable on the first Business Day of each of April, July, October and January, in respect of the most recently-ended quarterly period (or portion thereof, in the case of the first payment), commencing with the first such date to occur after the issuance of such Letter of Credit, on the L/C Expiration Date and thereafter on demand and (B) computed on a quarterly basis in arrears. If there is any change in the Applicable Rate during any quarter, the daily amount available to be drawn under each Letter of Credit shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect. Notwithstanding anything to the contrary contained herein, upon the request of the Required Lenders, while any Event of Default exists, all L/C Fees shall accrue at the Default Rate.

  • Annual Fees Tiered Fee Schedule for Premier Wealth Tactical, Premier Wealth Tactical Core, ETF Sector Rotation, Tactical Opportunity, Equity Growth and Value, Equity Growth Opportunity, Equity Dividend Income, and all Premier Wealth Tactical Core/ ETF Sector Rotation Strategies (also known as Xxxxxxxxx Moderate, Xxxxxxxxx Moderately Aggressive, or Xxxxxxxxx Aggressive):

  • Processing Fees The Borrower acknowledges that processing fee as mentioned in the Schedule hereto has been paid by the Borrower.

  • Additional Fees The Borrower has agreed to pay to the Administrative Agent and the Arranger additional fees, the amount and dates of payment of which are embodied in the Fee Letter.

  • Compensation and Expense Reimbursement A. Client will pay the Company, as compensation for the services provided for in this Agreement and as reimbursement for expenses incurred by Company on Client's behalf, in the manner set forth in Schedule A annexed to this Agreement which Schedule is incorporated herein by reference.

  • Termination Fee (a) In the event that:

  • Legal Fees If any legal action, arbitration or other proceeding is brought for the enforcement of this Agreement, or because of any alleged dispute, breach, default or misrepresentation in connection with this Agreement, the successful or prevailing party shall be entitled to recover reasonable attorneys' fees and other costs it incurred in that action or proceeding, in addition to any other relief to which it may be entitled.

  • Transaction Fees The State of Florida, through the Department of Management Services, has instituted MyFloridaMarketPlace, a statewide eProcurement system pursuant to section 287.057(22), F.S. All payments issued by Customers to registered Vendors for purchases of commodities or contractual services will be assessed Transaction Fees as prescribed by rule 60A-1.031, F.A.C., or as may otherwise be established by law. Vendors must pay the Transaction Fees and agree to automatic deduction of the Transaction Fees when automatic deduction becomes available. Vendors will submit any monthly reports required pursuant to the rule. All such reports and payments will be subject to audit. Failure to comply with the payment of the Transaction Fees or reporting of transactions will constitute grounds for declaring the Vendor in default and subject the Vendor to exclusion from business with the State of Florida.

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