Additional Fees definition
Examples of Additional Fees in a sentence
Additional Fees shall accrue on the Milestone Payment Amount outstanding from time to time from the Closing Date through the date of payment in full in cash of all such amounts.
For the avoidance of doubt, the occurrence of any such event shall render the Milestone Payment Amount, together with any Additional Fees and Expenses, immediately due and payable in cash, and the Buyer Parties’ obligations under this Section 3.3(h) shall be in addition to, and not in limitation of, any other rights or remedies available to Seller under this Agreement or at law or in equity.
The Buyer Parties have, and at all times through, and including on, the Milestone Payment Deadline, will have, sufficient cash on hand or other sources of immediately available funds to enable them to pay the Milestone Payment Amount (together with any Additional Fees and Expenses) as and when required by this Agreement.
The Milestone Payment Amount and any Additional Fees and Expenses shall be paid in full in immediately available funds in cash without any right of setoff, offset, counterclaim, deduction, defense or recoupment of any kind whatsoever, and the Buyer Parties hereby unconditionally and irrevocably waive any and all such rights with respect thereto.
In no event shall the receipt by, or the availability of any funds or financing to, any Buyer Party or any of their respective Affiliates or any other financing be a condition to any Buyer Party’s obligation to consummate the Transactions or pay any of the Milestone Payment Amount (together with any Additional Fees and Expenses) and the Closing Consideration, each as and when due.