Parent Termination Fee definition

Parent Termination Fee has the meaning set forth in Section 7.3(b).
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Parent Termination Fee means an amount equal to $28,400,000.
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Parent Termination Fee means a cash amount equal to $165,870,000.
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Examples of Parent Termination Fee in a sentence

  • Following receipt by Company (or one or more of its designees) of the Parent Termination Fee in accordance with this Section 8.3(a), Parent shall have no further liability with respect to this Agreement or the transactions contemplated herein to Company or its Subsidiaries or Affiliates or any other Person, other than in respect of Willful Breach of this Agreement or Fraud.

  • In the event this Agreement is terminated by Parent or Company pursuant to Section 8.1(b)(iii) and the Parent Termination Fee is not otherwise payable by Parent pursuant to Section 8.3(a), then Parent shall pay to Company the Company Expenses within two (2) Business Days of such termination by wire transfer of immediately available funds to one or more accounts designated by Company.

  • The parties hereto acknowledge and hereby agree that in no event shall (x) the Company be required to pay the Company Termination Fee on more than one occasion or (y) Parent be required to pay the Parent Termination Fee on more than one occasion.

  • The parties hereto agree that if this Agreement is terminated by the Company pursuant to Section 7.1(h), Parent shall pay, or cause to be paid, to the Company within five (5) Business Days following such termination the Parent Termination Fee.


More Definitions of Parent Termination Fee

Parent Termination Fee means a cash amount equal to $600,000,000.
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Parent Termination Fee means an amount in cash equal to $3,000,000.
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Parent Termination Fee has the meaning set forth in Section 9.05(b).
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Parent Termination Fee means an amount in cash equal to US$2,000,000.
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Parent Termination Fee is defined in Section 8.3(c) of the Agreement.
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Parent Termination Fee means an amount equal to $1,800,000.
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Parent Termination Fee means an amount in cash equal to $65,500,000; provided, that if a Parent Termination Fee is owed pursuant to Section 7.2(c)(i) or Section 7.2(c)(iv), the Parent Termination Fee shall mean an amount in cash equal to $30 million.
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