Common use of Parent Payment Clause in Contracts

Parent Payment. (i) If this Agreement is validly terminated pursuant to Section 7.1(g) (or by Parent under Section 7.1(c) at a time when the Company would have been entitled to terminate this Agreement pursuant to Section 7.1(g)) or Section 7.1(i) (or by Parent under Section 7.1(c) at a time when the Company would have been entitled to terminate this Agreement pursuant to Section 7.1(i)), then Parent must promptly (and in any event within three (3) business days) following such termination pay to the Company (as directed by the Company) an amount equal to $38,600,000 in cash (the “Parent Termination Fee”).

Parent Payment. (i) If this Agreement is validly terminated pursuant to Section 7.1(g) (or by Parent under Section 7.1(c) at a time when the Company would have been entitled to terminate this Agreement pursuant to Section 7.1(g)) or Section 7.1(i) (or by Parent under Section 7.1(c) at a time when the Company would have been entitled to terminate this Agreement pursuant to Section 7.1(i)), then Parent must promptly (and in any event within three two (32) business days) following such termination pay to the Company (as directed by the Company) an amount equal to $38,600,000 62,000,000 in cash (the “Parent Termination Fee”).

Parent Payment. (i) If this Agreement is validly terminated (i) pursuant to Section 7.1(g) or Section 7.1(i) or (or by Parent under ii) pursuant to Section 7.1(c) at a time when the Company would have been entitled to terminate this Agreement pursuant to Section 7.1(g)) or Section 7.1(i) (or by Parent under Section 7.1(c) at a time when the Company would have been entitled be permitted to terminate this Agreement pursuant to Section 7.1(i)), then Parent must promptly (and in any event within three (3) two business days) following such termination pay to the Company (as directed by the Company) an amount equal to $38,600,000 320,000,000 in cash (the “Parent Termination Fee”).

Parent Payment. (i) If this Agreement is validly terminated by (i) the Company pursuant to Section 7.1(g), or (ii) (or by the Parent under pursuant to Section 7.1(c) and at a such time when the Company would could have been entitled to terminate validly terminated this Agreement pursuant to Section 7.1(g)) or Section 7.1(i) (or by Parent under Section 7.1(c) at a time when the Company would have been entitled to terminate this Agreement pursuant to Section 7.1(i)), then in either case the Parent must promptly (and in any event within three (3) business daysfive Business Days) following such termination pay to the Company (as directed by the Company) an amount equal to $38,600,000 710,000 in cash (the “Parent Termination Fee”), in accordance with the payment instructions provided to the Parent by the Company.