Alternative Transaction Fee definition

Alternative Transaction Fee means $2,828,437.

Alternative Transaction Fee has the meaning set forth in Section 9.3 of this Agreement.

Alternative Transaction Fee means the product of (i) 90%, multiplied by (ii) the total number of shares sold by the Shareholders in an Alternate Transaction, multiplied by (iii) the excess of (a) the price per share to be received plus any other consideration to be received in any form (including without limitation earn-out payments, bonus payments, excess compensation payments, etc.) by the Shareholders in an Alternate Transaction over (b) $7.164.

Examples of Alternative Transaction Fee in a sentence

• The "Alternative Transaction Fee" shall mean the product of (i) 90%, multiplied by (ii) the total number of shares sold by the Shareholders in an Alternate Transaction, multiplied by (iii) the excess of (a) the price per share to be received plus any other consideration to be received in any form (including without limitation earn-out payments, bonus payments, excess compensation payments, etc.) by the Shareholders in an Alternate Transaction over (b) $7.164.

• Such Alternative Transaction Fee shall be paid to the Designated Purchasers pro rata with their respective commitments set forth in such term sheet.

• From and after the Payment Date, to the extent that the Alternative Transaction Fee has not been paid, the Company shall continue to be obligated to immediately pay the Alternative Transaction Fee and such payment will be made together with interest at 10% compounded daily beginning on the Payment Date and ending on the date of payment.

• For the avoidance of doubt, the Alternative Transaction Fee shall not be payable if the Alternative Transaction is not consummated.

• The Alternative Transaction Fee shall be due and payable to the Purchaser immediately upon the entering into of such agreement, transaction or understanding.

More Definitions of Alternative Transaction Fee

Alternative Transaction Fee shall have the meaning specified in SECTION 13.4.

Alternative Transaction Fee has the meaning given to it in Section 20(a).

Alternative Transaction Fee shall have the meaning specified in Section 13.16.

Alternative Transaction Fee means (i) U.S.$3,000,000 less (ii) any amount paid to Buyer pursuant to Section 5.12(c).

Alternative Transaction Fee means $30,000,000.

Alternative Transaction Fee means $5,000,000.00.

Alternative Transaction Fee has the meaning given to it in Section 10.02(c).