Abandonment Fee definition
Examples of Abandonment Fee in a sentence
It is agreed by BSC and the Company that (i) the Abandonment Fee is an accurate estimate of the damages that would be incurred by BSC in the event that the Company elects to terminate the License Agreement pursuant to this Section 2.3, (ii) the Abandonment Fee shall serve as the sole liquidated damages available to BSC in the event of such termination, and (iii) in no event shall the Company be liable for any penalty or other fees associated with the termination of the License Agreement.
Written agreement of Castle Creek Capital LLC shall be required for any modification of the provisions related to the Abandonment Fee.
By executing this Memorandum, Castle Creek Capital, L.L.C. agrees to pay the Abandonment Fee to UAC for the benefit of holders of outstanding allowed claims on behalf of Buyer, but shall not otherwise be deemed a party to this agreement.
Broken Screen (LCD) $160.00 Damaged Keyboard/Topcase $160.00 Damaged / Lost Power Supply $75.00 Damaged / Lost Battery $110.00 Re-image of Hard Drive $20.00 Abandonment Fee $15.00 Other Minor / Major Damage Cost to Replace Replacement Sleeve / Cover $25.00 Lost / Destroyed Laptop Cost to Replace Approx.
Age of Chromebook/laptop/iPad Value: 1 year or less $ 329 1-2 years $ 275 2-3 years $ 200 3-4 years $ 150 Description of Non-Warranty Repair/ Replacement Cost of Repairs Broken Screen (LCD) $ 100.00 Damaged / Lost Power Supply $ 40.00 Re-image (includes being locked out) $ 15.00 Abandonment Fee $ 15.00 Other Minor / Major Damage To be determined.
This Memorandum shall terminate (a) on April 15, 2005, if the Registration Statement has not been filed on or before such date; and (b) on August 15, 2005, if the Buyout Date has not occurred on or before such date (in either case, the "Termination Date"); provided, that if the Termination Date occurs under clause (a), the Abandonment Fee shall remain due and payable as provided in Section 5(b).