Common use of Parent Payments Clause in Contracts

Parent Payments. If this Agreement is validly terminated by the Company pursuant to Section ‎8.1(g) (Parent Breach) or Section ‎8.1(i) (Failure to Close), or either by Parent or the Company pursuant to Section ‎8.1(c) (End Date) if at such time the Company would be entitled to terminate this Agreement pursuant to Section ‎8.1(g) (Parent Breach) or Section ‎8.1(i) (Failure to Close), then Parent must promptly (and in any event within two Business Days) following such termination pay, or cause to be paid to the Company a fee in an amount equal to $79,014,704 (the “Parent Termination Fee”), by wire transfer of immediately available funds to an account or accounts designated in writing by the Company.

Appears in 1 contract

Sources: Merger Agreement (Natus Medical Inc)

Parent Payments. If this Agreement is validly terminated (i) by the Company pursuant to Section ‎8.1(g8.1(g) (Parent or Merger Sub Breach) or Section ‎8.1(i8.1(i) (Parent Failure to Close), ) or either (ii) by Parent or the Company or Parent pursuant to Section ‎8.1(c8.1(c) (End Termination Date) if (at such a time at which the Company would be entitled had the right to terminate this Agreement pursuant to Section ‎8.1(g8.1(g) (Parent or Merger Sub Breach) or Section ‎8.1(i8.1(i) (Parent Failure to Close)), then Parent must shall promptly (and in any event within two three Business DaysDays after such termination) following such termination pay, or cause to be paid to pay the Company a termination fee in an amount equal to of $79,014,704 136,170,000 (the “Parent Termination Fee”), ) by wire transfer of immediately available funds to an account or accounts designated in writing by the Company.

Appears in 1 contract

Sources: Merger Agreement (Jamf Holding Corp.)

Parent Payments. If this Agreement is validly terminated (i) by the Company pursuant to Section ‎8.1(g8.1(g) (Parent or Merger Sub Breach) or Section ‎8.1(i8.1(i) (Parent Failure to Close), ) or either (ii) by Parent or the Company or Parent pursuant to Section ‎8.1(c8.1(c) (End Termination Date) if (at such a time at which the Company would be entitled had the right to terminate this Agreement pursuant to Section ‎8.1(g8.1(g) (Parent or Merger Sub Breach) or Section ‎8.1(i8.1(i) (Parent Failure to Close)), then Parent must shall promptly (and in any event within two three Business Days) following such termination pay, or cause to be paid to pay the Company a termination fee in an amount equal to of $79,014,704 162,637,888 (the “Parent Termination Fee”), ) by wire transfer of immediately available funds to an account or accounts designated in writing by the Company.

Appears in 1 contract

Sources: Merger Agreement (Perficient Inc)