No Break Fee Sample Clauses
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No Break Fee. 18 5.6 Amendments to Matching Right Transaction.......................... 18 5.7 CIBC Debenture.................................................... 18
No Break Fee. In no event shall the Corporation or the Board of Directors take any action that could obligate the Corporation to pay or otherwise become liable for a "break fee", reimbursement or other inducement to pursue a Matching Right Transaction to a person proposing a Matching Right Transaction unless and until the expiry of the Second Response Period and the Board of Directors has determined in accordance with Section 5.3(c) that the Matching Right Transaction is more favourable to the shareholders of the Corporation from a financial point of view than each Matching Offer proposed by the Investor.
