Break Fee definition

Break Fee means an amount to compensate a Proponent for some of the costs the Proponent had incurred in developing and submitting a Proposal in the event that the RFP Process is cancelled, as determined by the Sponsors in accordance with RFP Section 10.3.3;
Break Fee shall have the meaning given in Clause 7.1;
Break Fee. Has the meaning given to it in Section 8.2.

Examples of Break Fee in a sentence

  • The break fee is not payable to the extent that a court or the Takeovers Panel determines that any part of the Break Fee constitutes a breach of the fiduciary or statutory duties of the Mayne Pharma Board or unacceptable circumstances, or would, if paid, be unlawful for any reason.

  • Payment of a Break Fee shall represent full and final satisfaction of any obligation or liability of the Sponsors and the Government of Ontario to the Proponent and Proponent Team Members in connection with this RFP, and the Sponsors’ obligation to pay the Break Fee shall be contingent on the receipt of a waiver, in form and substance satisfactory to the Sponsors, from the Proponent and Proponent Team Members to that effect.

  • The base amount of the Break Fee (the “ Base Break Fee”) is set out in the RFP Data Sheet.

  • The amount of the Break Fee payable to each eligible Proponent will depend on the point in the RFP Process that cancellation occurs, in accordance with the principles set out in the RFP Data Sheet.

  • If the Project is cancelled or a Break Fee is payable for any other reason, a Proponent shall only be eligible to receive a Break Fee and the Proponent will not be eligible to receive a Design and Bid Fee as well.


More Definitions of Break Fee

Break Fee has the meaning ascribed to it in Section 6.3(b);
Break Fee has the meaning specified in Section 9.2(a).
Break Fee means the fee payable by you in respect of a Service with a Fixed Contract Period if you change a plan or if the Service is cancelled and unless stated otherwise in the Critical Information Summary, is calculated by multiplying the minimum monthly charge by the number of months remaining in the Fixed Contract Period as at the date of Service cancellation (months remaining x minimum monthly charge). This fee may also be called an early termination fee. Carrier and Carriage Service Provider have the meanings given them in the Telecommunications Xxx 0000 (Cth).
Break Fee shall have the meaning set out in Clause 4.3.2.
Break Fee means the amount specified in the Schedule.
Break Fee means US$1,635,410,676;
Break Fee is defined in Article 3.2.3;