TERMINATION EXPENSES AND FEES. (a) In the event Company terminates this Agreement pursuant to Section 9.1(f), the Company shall pay within one (1) business day following such termination, a termination fee of $250,000 payable by wire transfer of immediately available funds to an account designated by Buyer.
Appears in 2 contracts
Samples: Merger Agreement (Capital Bank Corp), Merger Agreement (High Street Corp)
TERMINATION EXPENSES AND FEES. (a) In the event the Company terminates this Agreement pursuant to Section 9.1(f9.1(g), the Company shall pay within one three (13) business day -------------- Business Days following such termination, a termination fee of $250,000 2,000,000, payable by wire transfer of immediately available funds to an account designated by the Buyer.
Appears in 2 contracts
Samples: Merger Agreement (1st State Bancorp Inc), Merger Agreement (Capital Bank Corp)
TERMINATION EXPENSES AND FEES. (a) In the event Company terminates this Agreement pursuant to Section 9.1(f9.1(g), the Company shall pay within one (1) business day following such termination, a termination fee of $250,000 500,000, payable by wire transfer of immediately available funds to an account designated by Buyer.
Appears in 1 contract
Samples: Merger Agreement (Capital Bank Corp)
