Common use of Termination Fees; Expenses Clause in Contracts

Termination Fees; Expenses. (a) In the event that this Agreement is terminated by Parent pursuant to Section 10.01(c)(i), or by the Company pursuant to Section 10.01(d)(ii), then the Company shall pay, by wire transfer of immediately available funds, to Parent a fee in the amount of $3,661,461 (the “Company Termination Fee”) at or prior to the termination of this Agreement in the case of a termination pursuant to Section 10.01(d)(ii) or as promptly as practicable (and, in any event, within two Business Days following such termination) in the case of a termination pursuant to Section 10.01(c)(i).

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Geeknet, Inc), Agreement and Plan of Merger (GameStop Corp.), Agreement and Plan of Merger (GameStop Corp.)

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Termination Fees; Expenses. (a) In the event that this Agreement is terminated by Parent pursuant to Section 10.01(c)(i), 10.1(c)(i) or in the event that this Agreement is terminated by the Company pursuant to Section 10.01(d)(ii10.1(d)(ii), then then, in each case, the Company shall paypay to Parent, by wire transfer of immediately available funds, to Parent a fee in the amount of $3,661,461 65,000,000 (the “Company Termination Fee”) at or prior to the termination of this Agreement in the case of a termination pursuant to Section 10.01(d)(ii10.1(d)(ii) or as promptly as practicable (and, in any event, within two Business Days following such termination) in the case of a termination pursuant to Section 10.01(c)(i10.1(c)(i).

Appears in 3 contracts

Samples: Agreement and Plan of Merger, Agreement and Plan of Merger (Time Inc.), Agreement and Plan of Merger (Meredith Corp)

Termination Fees; Expenses. (a) In the event that this Agreement is terminated by Parent pursuant to Section 10.01(c)(i), 9.1(c)(i) or in the event that this Agreement is terminated by the Company pursuant to Section 10.01(d)(ii9.1(d)(ii), then then, in each case, the Company shall paypay to Parent, by wire transfer of immediately available funds, to Parent a fee in the amount of $3,661,461 (the “Company Termination Fee”) Fee at or prior to the termination of this Agreement in the case of a termination pursuant to Section 10.01(d)(ii9.1(d)(ii) or as promptly as practicable (practicable, and, in any event, within two Business Days following following, such termination) termination in the case of a termination pursuant to Section 10.01(c)(i9.1(c)(i).

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Domtar CORP), Agreement and Plan of Merger (Resolute Forest Products Inc.), Agreement and Plan of Merger (Domtar CORP)

Termination Fees; Expenses. (a) In the event that this Agreement is validly terminated by Parent pursuant to Section 10.01(c)(i), 9.1(c)(i) or in the event that this Agreement is terminated by the Company pursuant to Section 10.01(d)(ii9.1(d)(ii), then then, in each case, the Company shall paypay to Parent (or one or more of its designees), by wire transfer of immediately available funds, to Parent a fee in the amount of $3,661,461 81,300,000 (the “Company Termination Fee”) at or prior to the termination of this Agreement in the case of a termination pursuant to Section 10.01(d)(ii9.1(d)(ii) or as promptly as practicable (and, in any event, within two (2) Business Days following such termination) in the case of a termination pursuant to Section 10.01(c)(i9.1(c)(i).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Covanta Holding Corp)

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Termination Fees; Expenses. (a) In the event that this Agreement is terminated terminated, or at the time of termination, could have been terminated, by Parent pursuant to Section 10.01(c)(i), ) or in the event that this Agreement is terminated by the Company pursuant to Section 10.01(d)(ii), then then, in each case, the Company shall pay, by wire transfer of immediately available funds, to Parent a fee in the amount of $3,661,461 367,000,000 (the “Company Termination Fee”) at or prior to the termination of this Agreement in the case of a termination pursuant to Section 10.01(d)(ii) or as promptly as practicable (and, in any event, within two Business Days following such termination) in the case of a termination pursuant to Section 10.01(c)(i).

Appears in 1 contract

Samples: Agreement and Plan of Merger (CAREFUSION Corp)

Termination Fees; Expenses. (a) In the event that this Agreement is terminated terminated, or at the time of termination, could have been terminated, by Parent pursuant to Section 10.01(c)(i), ) or in the event that this Agreement is terminated by the Company pursuant to Section 10.01(d)(ii), then then, in each case, the Company shall pay, by wire transfer of immediately available funds, to Parent a fee in the amount of $3,661,461 750,000,000 (the “Company Termination Fee”) (less any payment made by the Company pursuant to Section 10.03(c)) at or prior to the termination of this Agreement in the case of a termination pursuant to Section 10.01(d)(ii) or as promptly as practicable (and, in any event, within two Business Days following such termination) in the case of a termination pursuant to Section 10.01(c)(i).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Becton Dickinson & Co)

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