Breakup Fee definition
Breakup Fee has the meaning set forth in Section 7.4.
Breakup Fee has the meaning set forth in Section 9.02(c).
Breakup Fee means an amount, in cash, equal to $85,444,783.80.
Examples of Breakup Fee in a sentence
If the Buyer fails to pay the Breakup Fee on August 13, 2025, the Breakup Fee shall bear interest at a rate of 10% per annum.
In no event shall Sellers be entitled to payment of the Breakup Fee on more than one occasion.
In the event the Buyer fails to pay the Breakup Fee when due, the Buyer shall be responsible for all of Sellers’ collection costs and expenses, including without limitation, all legal fees of the Sellers.
The Breakup Fee shall be irrevocable and non-refundable, due and payable on August 13, 2025.
More Definitions of Breakup Fee
Breakup Fee has the meaning set forth in Section 2.11(e).
Breakup Fee means an amount in cash equal to $1,000,000, paid into the Escrow Account within six (6) Business Days from the Signing Date.
Breakup Fee means Cash in the amount of the breakup fee payable pursuant to the Convertible Preferred Stock Purchase Agreement to DPI or its assignees, but in no event more than eight million dollars ($8,000,000).
Breakup Fee shall have the meaning as set forth in Section 9.4 of the Agreement.
Breakup Fee has the meaning set forth in Section 8.3(a)(i).
Breakup Fee means an amount in cash equal to $2,100,000.
Breakup Fee is defined in Section 10.14.