Common use of Payment of Termination Fee by the Company Clause in Contracts

Payment of Termination Fee by the Company. (a) In the event that this Agreement is terminated by the Company pursuant to Section 7.1(d)(iii), the Company shall pay or cause to be paid, as directed by Parent, the Termination Fee substantially concurrently with the termination of this Agreement.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (GrubHub Inc.), Agreement and Plan of Merger

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Payment of Termination Fee by the Company. (a) In the event that this Agreement is terminated by the Company pursuant to Section 7.1(d)(iii), the Company shall pay or cause to be paid, as directed by ParentXxxxxx, the Termination Fee substantially concurrently with the termination of this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger

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Payment of Termination Fee by the Company. (ai) In the event that this Agreement is terminated by the Company pursuant to Section 7.1(d)(iii7.01(c)(ii), then the Company shall pay or cause to be paid, as directed by Parent, Parent the Termination Fee substantially concurrently with the termination of this Agreementsuch termination.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Sezzle Inc.)

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