Subsequent Event Fee Clause Samples
Subsequent Event Fee. If the obligations of the parties shall terminate pursuant to clauses (5), (6), (7), (8), (9) or (10) of Section 9.1(a) and a Business Combination Transaction (other than the Transactions) with respect to any of the Company and its Subsidiaries shall occur on or before January 5, 1999, then the Company shall pay to Qwest not later than the conclusion of such Business Combination Transaction the amount by which $3,000,000 exceeds the amount paid to Qwest, if any, pursuant to Section 9.2(a).
Subsequent Event Fee. If a Subsequent Event shall occur after the date of this Agreement and on or before the date that is six months after the First Closing Date, the Company shall pay $2.5 million to the Purchaser promptly following the public announcement of such Subsequent Event. If the Second Closing is completed no fees shall be payable under this subsection.