Fee Event definition

Fee Event means an Event of Default other than the occurrence of the following:
Fee Event shall have the meaning given to such term in the Indenture.
Fee Event means (A) any transaction in which the Company does not, directly or indirectly, immediately after such transaction, retain (solely by virtue of the shares of capital stock or other equity interests held by such holders immediately prior to the transaction) stock or equity interests representing a majority of the voting power of one or more of its subsidiaries (or if a merger, the surviving entity of such transaction), or stock or equity interests representing a majority of the voting power of an entity that wholly owns, directly or indirectly, the surviving entity of such transaction; (B) the sale, transfer or assignment of securities by the Company or its members representing a majority of the voting power of the Company to an acquiring party (or group of related acquiring parties) that is not affiliated with the members of the Company, in a single transaction or series of related transactions; (C) the sale, transfer or assignment of all or substantially all of the assets of the Company or one or more of its subsidiaries to a party not affiliated with the Company prior to such transaction; (D) the acquisition of all or a portion of the voting stock or equity securities of (whether through stock purchase or merger), or all or a portion of the assets of, a company not affiliated with the Company; (E) the issuance of securities of the Company or any subsidiary to the public; (F) the refinancing of any Company Debt Document (as defined below); or (G) any other similar transaction to the foregoing.

Examples of Fee Event in a sentence

  • Borrower shall deliver reasonable advance written notice to Bank of a Success Fee Event, and shall pay Bank the Success Fee within five (5) days upon receipt of proceeds upon the consummation of a Success Fee Event.

  • Landlord agrees to waive the Late Fee with respect to the Initial Late Fee Event which occurs in any calendar year.

  • Notwithstanding the foregoing, Landlord agrees that no Late Fee shall be due with respect to any payment due from Tenant during any calendar year, unless an Initial Late Fee Event has previously occurred during such twelve (12) month period.

  • If a Grace Termination Fee Event occurs, Grace shall pay to Acasti the Termination Fee, as proceeds of disposition of Acasti’s rights under this Agreement, by wire transfer in immediately available funds to an account specified by Acasti.

  • TERMINATION FEE Microcell is required to pay C$45 million to Rogers Wireless if the Support Agreement is terminated by reason of a Termination Fee Event, such payment to be made no later than the first business day following the Termination Fee Event.


More Definitions of Fee Event

Fee Event has the meaning set out in section 4.1.
Fee Event has the meaning set forth in Section 4.1;
Fee Event has the meaning set forth in section 3.6;
Fee Event means the earlier of (i) the occurrence of any of TriggeringEvents 2, 3, 4 or 5 (under s.21(6) Pension Schemes Act 2017) in relation to the Scheme; or (ii) following any Triggering Event, a decision by the Trustee to pursue continuity option 1 (for the purposes of s.24 Pension Schemes Act 2017).
Fee Event means any event or circumstance in which Company becomes obligated to pay the Termination Fee or the Expense Amount to Parent pursuant to section 3.1.
Fee Event has the meaning set forth in Section 8.03(b).
Fee Event means any of the following events or transactions occurring on or after the date hereof: (i) this Agreement is terminated by CLF pursuant to Section 8.01(e) or by the Company pursuant to Section 8.01(f); (ii) this Agreement is terminated by CLF pursuant to Section 8.01(b) as a result of a willful breach by the Company and, within 12 months after such termination, the Company or any Subsidiary shall have entered into an agreement to engage in a transaction that constitutes an Acquisition Transaction with any Person or the Company Board shall have recommended that the shareholders of the Company approve or accept any Acquisition Transaction; or (iii) this Agreement is terminated by either CLF or the Company pursuant to Section 8.01(c) (provided that no approval or action of a Governmental Authority required to be obtained for the consummation of the Merger shall have been denied by action of such Governmental Authority and such denial did not result from the Company's failure to comply with Section 6.01) or 8.01(d)(ii) after a bona fide Acquisition Proposal shall have been made or any Person shall have publicly announced an intention (whether or not conditional) to make an Acquisition Proposal and, within 12 months thereof, the Company or any Subsidiary shall have entered into an agreement to engage in a transaction that constitutes an Acquisition Transaction with any Person or the Company Board shall have recommended that the shareholders of the Company approve or accept any Acquisition Transaction. For purposes of this Section 8.03(b), the definitions of Acquisition Transaction and Acquisition Proposal shall be deemed to utilize 50% as opposed to 20% and shall only be deemed to refer to a transaction involving the Company or the Company Lead Insurance Subsidiary, or with respect to assets (including the shares of any Subsidiary), the Company and its Subsidiaries, taken as a whole.