Common use of Parent Termination Fee Clause in Contracts

Parent Termination Fee. If, but only if, this Agreement is validly terminated by the Company pursuant to Section 8.01(f) or Section 8.01(i), then Parent shall pay, or cause to be paid, to the account or accounts designated by the Company an amount equal to $550,000,000 (the “Parent Termination Fee”) within three (3) Business Days following such termination;

Appears in 1 contract

Sources: Merger Agreement (Apartment Income REIT, L.P.)

Parent Termination Fee. If, but only if, (i) If this Agreement is validly terminated by the Company pursuant to Section 8.01(f10.1(g) or Section 8.01(i)a Qualifying Breach Termination, then Parent shall pay, or cause to be paid, pay the Parent Termination Fee to the account or accounts designated by the Company an amount equal to $550,000,000 in immediately available funds, within two (the “Parent Termination Fee”) within three (32) Business Days following such termination;after receipt of the Company’s valid termination notice pursuant to Section 10.1(g) or a Qualifying Breach Termination.

Appears in 1 contract

Sources: Merger Agreement (Veritiv Corp)

Parent Termination Fee. If, but only if, If this Agreement is validly terminated by the Company pursuant to Section 8.01(f7.01(f) or Section 8.01(i7.01(g), then Parent shall pay, or cause to be paid, promptly pay the Parent Termination Fee to the account Company or accounts designated by the Company an amount equal to $550,000,000 its designee, within two (the “Parent Termination Fee”) within three (32) Business Days following the date of such termination;.

Appears in 1 contract

Sources: Agreement and Plan of Merger (Navigant Consulting Inc)

Parent Termination Fee. If, but only if, this Agreement is validly terminated by the Company pursuant to Section 8.01(f) a Qualifying Breach Termination or Section 8.01(i) (Financing Failure), then Parent shall pay, or cause to be paid, to the account or accounts designated by Company the Company an amount equal to $550,000,000 (the “Parent Termination Fee”) Fee within three (3) Business Days following such termination;.

Appears in 1 contract

Sources: Merger Agreement (Sealed Air Corp/De)

Parent Termination Fee. If, but only if, this Agreement is validly terminated by the Company pursuant to Section 8.01(f) or Section 8.01(i), then Parent shall pay, or cause to be paid, to the account or accounts designated by the Company an amount equal to $550,000,000 239,000,000 (the “Parent Termination Fee”) within three (3) Business Days following such termination;

Appears in 1 contract

Sources: Merger Agreement (Retail Opportunity Investments Partnership, LP)

Parent Termination Fee. If, but only if, this Agreement is validly terminated by the Company pursuant to Section 8.01(f) or Section 8.01(i), then Parent shall pay, or cause to be paid, to the account or accounts designated by the Company an amount equal to $550,000,000 155,300,000 (the “Parent Termination Fee”) within three (3) Business Days following such termination;

Appears in 1 contract

Sources: Merger Agreement (Alexander & Baldwin, Inc.)