Common use of Cancellation Fee Clause in Contracts

Cancellation Fee. If the Company at any time notifies Prudential in writing that the Company is canceling the closing of the purchase and sale of any Accepted Note, or if Prudential notifies the Company in writing under the circumstances set forth in the last sentence of paragraph 2E or the penultimate sentence of paragraph 2G that the closing of the purchase and sale of such Accepted Note is to be canceled, or if the closing of the purchase and sale of such Accepted Note is not consummated on or prior to the last day of the Issuance Period (the date of any such notification, or the last day of the Issuance Period, as the case may be, being herein called the “CANCELLATION DATE”), the Company will pay Prudential in immediately available funds an amount (the “CANCELLATION FEE”) calculated as follows:

Appears in 6 contracts

Samples: Applied Industrial Technologies Inc, Applied Industrial Technologies Inc, Applied Industrial Technologies Inc

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Cancellation Fee. If the Company at any time notifies Prudential in writing that the Company is canceling the closing of the purchase and sale of any Accepted Note, or if Prudential notifies the Company in writing under the circumstances set forth in the last sentence of paragraph 2E 2B(5) or the penultimate sentence of paragraph 2G 2B(7) that the closing of the purchase and sale of such Accepted Note is to be canceled, or if the closing of the purchase and sale of such Accepted Note is not consummated on or prior to the last day of the Issuance Period (the date of any such notification, or the last day of the Issuance Period, as the case may be, being herein called the “CANCELLATION DATECancellation Date”), the Company will pay Prudential the Purchasers in immediately available funds an amount (the “CANCELLATION FEECancellation Fee”) calculated as follows:: PI X PA

Appears in 5 contracts

Samples: Stanley Furniture (Stanley Furniture Co Inc.), Stanley Furniture (Stanley Furniture Co Inc.), Note Purchase And (Waste Industries Usa Inc)

Cancellation Fee. If the Company at any time notifies Prudential in writing that the Company is canceling the closing of the purchase and sale of any Accepted Note, or if Prudential notifies the Company in writing under the circumstances set forth in the last sentence of paragraph 2E 2B(5) or the penultimate sentence of paragraph 2G 2B(7) that the closing of the purchase and sale of such Accepted Note is to be canceled, or if the closing of the purchase and sale of such Accepted Note is not consummated on or prior to the last day of the Issuance Period (the date of any such notification, or the last day of the Issuance Period, as the case may be, being herein called the “CANCELLATION DATE”"Cancellation Date"), the Company will pay Prudential the Purchasers in immediately available funds an amount (the “CANCELLATION FEE”"Cancellation Fee") calculated as follows:: PI X PA

Appears in 4 contracts

Samples: Ruddick Corp, Stanley Furniture Co Inc/, Columbia Sportswear Co

Cancellation Fee. If (a) the Company at any time notifies Prudential in writing that the Company is canceling the closing of the purchase and sale of any Accepted Note, or (b) if Prudential notifies the Company in writing under the circumstances set forth in the last sentence of paragraph 2E or the penultimate sentence of paragraph 2G Section 2B(7) that the closing of the purchase and sale of such Accepted Note is to be canceled, or (c) if the closing of the purchase and sale of such Accepted Note is not consummated on or prior to the last day of the Issuance Period (the date of any such notification, or the last day of the Issuance Period, as the case may be, being herein called the “CANCELLATION DATECancellation Date”), the Company will shall pay Prudential the Purchaser which shall have agreed to purchase such Accepted Note in immediately available funds on the Cancellation Date an amount (the “CANCELLATION FEECancellation Fee”) calculated as follows:equal to

Appears in 4 contracts

Samples: Private Shelf Agreement (Nu Skin Enterprises Inc), Intercreditor Agreement (Nu Skin Enterprises Inc), Private Shelf Agreement (Nu Skin Enterprises Inc)

Cancellation Fee. If the Company at any time notifies Prudential in writing that the Company is canceling the closing of the purchase and sale of any Accepted Note, or if Prudential notifies the Company in writing under the circumstances set forth in the last sentence of paragraph 2E Section 3.2(e) or the penultimate sentence of paragraph 2G Section 4.3 that the closing of the purchase and sale of such Accepted Note is to be canceled, or if the closing of the purchase and sale of such Accepted Note is not consummated on or prior to the last day of the Issuance Period (the date of any such notification, or the last day of the Issuance Period, as the case may be, being herein called the “CANCELLATION DATECancellation Date”), the Company will pay Prudential to each Purchaser which shall have agreed to purchase such Accepted Note no later than one day after the Cancellation Date in immediately available funds an amount (the “CANCELLATION FEECancellation Fee”) calculated as follows:equal to

Appears in 3 contracts

Samples: Guarantee Agreement (MSA Safety Inc), Msa Safety Incorporated (MSA Safety Inc), Multi Currency Note Purchase and Private Shelf Agreement (MSA Safety Inc)

Cancellation Fee. If the Company at any time notifies Prudential in writing that the Company is canceling the closing of the purchase and sale of any Accepted Note, or if Prudential notifies the Company in writing under the circumstances set forth in the last sentence of paragraph 2E or the penultimate sentence of paragraph 2G that the closing of the purchase and sale of such Accepted Note is to be canceled, or if the closing of the purchase and sale of such Accepted Note is not consummated on or prior to the last day of the Issuance Period (the date of any such notification, or the last day of the Issuance Period, as the case may be, being herein called the "CANCELLATION DATE"), the Company will pay Prudential in immediately available funds an amount (the "CANCELLATION FEE") calculated as follows:

Appears in 2 contracts

Samples: Applied Industrial Technologies Inc, Bearings Inc /Oh/

Cancellation Fee. If the Company at any time notifies Prudential in writing that the Company is canceling the closing of the purchase and sale of any Accepted Note, or if Prudential notifies the Company in writing under the circumstances set forth in the last sentence of paragraph 2E 2A(5) or the penultimate sentence of paragraph 2G 2A(7) that the closing of the purchase and sale of such Accepted Note is to be canceled, or if the closing of the purchase and sale of such Accepted Note is not consummated on or prior to the last day of the Issuance Period (the date of any such notification, or the last day of the Issuance Period, as the case may be, being herein called the “CANCELLATION DATECancellation Date”), the Company will pay Prudential to each Purchaser which shall have agreed to purchase such Accepted Note no later than one day after the Cancellation Date in immediately available funds an amount (the “CANCELLATION FEECancellation Fee”) calculated as followsequal to:

Appears in 2 contracts

Samples: Subsidiary Guaranty Agreement (Franklin Electric Co Inc), Subsidiary Guaranty Agreement (Franklin Electric Co Inc)

Cancellation Fee. If the Company at any time notifies Prudential in writing that the Company is canceling the closing of the purchase and sale of any Accepted Note, or if Prudential notifies the Company in writing under the circumstances set forth in the last sentence of paragraph 2E 2G or the penultimate sentence of paragraph 2G that the closing of the purchase and sale of such Accepted Note is to be canceled, or if the closing of the purchase and sale of such Accepted Note is not consummated on or prior to the last day of the Issuance Period (the date of any such notification, or the last day of the Issuance Period, as the case may be, being herein called the "CANCELLATION DATE"), the Company will pay to Prudential in immediately available funds an amount (the "CANCELLATION FEE") calculated as follows:: PI X PA

Appears in 1 contract

Samples: Private Shelf Agreement (Regis Corp)

Cancellation Fee. If the Company at any time notifies Prudential in writing that the Company is canceling the closing of the purchase and sale of any Accepted Note, or if Prudential notifies the Company in writing under the circumstances set forth in the last sentence of paragraph 2E 2F or the penultimate sentence of paragraph 2G 2H that the closing of the purchase and sale of such Accepted Note is to be canceled, or if the closing of the purchase and sale of such Accepted Note is not consummated on or prior to the last day of the Issuance Period (the date of any such notification, or the last day of the Issuance Period, as the case may be, being herein called the "CANCELLATION DATE"), the Company will pay Prudential the Purchasers in immediately available funds an amount (the "CANCELLATION FEE") calculated as follows:: PI X PA

Appears in 1 contract

Samples: Private Shelf Agreement (Watsco Inc)

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Cancellation Fee. If the Company at any time notifies Prudential in writing that the Company is canceling the closing of the purchase and sale of any Accepted Note, or if Prudential notifies the Company in writing under the circumstances set forth in the last sentence of paragraph 2E 2A(5) or the penultimate sentence of paragraph 2G 2A(7) that the closing of the purchase and sale of such Accepted Note is to be canceled, or if the closing 11 of the purchase and sale of such Accepted Note is not consummated on or prior to the last day of the Issuance Period (the date of any such notification, or the last day of the Issuance Period, as the case may be, being herein called the "CANCELLATION DATE"), the Company will pay Prudential the Purchaser which shall have agreed to purchase such Accepted Note in immediately available funds on the Cancellation Date an amount (the "CANCELLATION FEE") calculated as followsequal to:

Appears in 1 contract

Samples: Franklin Electric Co Inc

Cancellation Fee. If the a Company at any time notifies Prudential in writing that the Company is Companies are canceling the closing of the purchase and sale of any Accepted Note, or if Prudential notifies the Company Companies in writing under the circumstances set forth in the last sentence of paragraph 2E 2B(5) or the penultimate sentence of paragraph 2G 2B(7) that the closing of the purchase and sale of such Accepted Note is to be canceled, or if the closing of the purchase and sale of such Accepted Note is not consummated on or prior to the last day of the Issuance Period (the date of any such notification, or the last day of the Issuance Period, as the case may be, being herein called the "CANCELLATION DATE"), the Company will Companies jointly and severally agree to pay to Prudential in immediately available funds an amount (the "CANCELLATION FEE") calculated as follows:: PI X PA

Appears in 1 contract

Samples: Alexander & Baldwin Inc

Cancellation Fee. If the Company at any time notifies Prudential in writing that the Company is canceling the closing of the purchase and sale of any Accepted Note, or if Prudential notifies the Company in writing under the circumstances set forth in the last sentence of paragraph 2E Section 2.2(5) or the penultimate sentence of paragraph 2G Section 2.2(7) that the closing of the purchase and sale of such Accepted Note is to be canceled, or if the closing of the purchase and sale of such Accepted Note is not consummated on or prior to the last day of the Issuance Period (the date of any such notification, notification or the last day of the Issuance Period, as the case may be, being herein called the "CANCELLATION DATE"), the Company will pay Prudential to the Purchaser which shall have agreed to purchase such Accepted Note in immediately available funds an amount (the "CANCELLATION FEE") calculated as follows:: PI X PA

Appears in 1 contract

Samples: Note Purchase and Private Shelf Agreement (Schawk Inc)

Cancellation Fee. If the Company at any time notifies Prudential in writing that the Company is canceling the closing of the purchase and sale of any Accepted Note or Series C Note, or if Prudential notifies the Company in writing under the circumstances set forth in the last sentence of paragraph 2E 2B(5) or the penultimate sentence of paragraph 2G 2B(7) that the closing of the purchase and sale of such Accepted Note or Series C Note is to be canceled, or if the closing of the purchase and sale of such Accepted Note or Series C Note is not consummated on or prior to the last day of the Issuance Period (the date of any such notification, or the last day of the Issuance Period, as the case may be, being herein called the "CANCELLATION DATE"), the Company will pay to Prudential in immediately available funds an amount (the "CANCELLATION FEE") calculated as follows:: PI X PA

Appears in 1 contract

Samples: Binding Agreement (Consolidated Products Inc /In/)

Cancellation Fee. If the Company at any time notifies Prudential in writing that the Company is canceling the closing of the purchase and sale of any Accepted Note, or if Prudential notifies the Company in writing under the circumstances set forth in the last sentence of paragraph 2E or the penultimate sentence of paragraph 2G that the closing of the purchase and sale of such Accepted Note is to be canceled, or if the closing of the purchase and sale of such Accepted Note is not consummated on or prior to the last day of the Issuance Period (the date of any such notification, or the last day of the Issuance Period, as the case may be, being herein called the “CANCELLATION DATE”), the Company will pay Prudential in immediately available funds an amount (the “CANCELLATION FEE”) calculated as follows:herein

Appears in 1 contract

Samples: Applied Industrial Technologies Inc

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