Purchaser Damages Event definition

Purchaser Damages Event has the meaning ascribed thereto in Section 6.1;
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Purchaser Damages Event means the termination of this Agreement:
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Purchaser Damages Event means the events described in Section 6.1 of the Arrangement Agreement which, upon their occurrence would require payment by PrimeWest of the sum of $75,000,000 to the Purchaser. See also “The Arrangement – Arrangement Agreement – Termination Fee;
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Examples of Purchaser Damages Event in a sentence

  • Following a Purchaser Damages Event, but prior to payment of the Purchaser Termination Fee, Western shall be deemed to hold such applicable payment in trust for Purchaser.


More Definitions of Purchaser Damages Event

Purchaser Damages Event has the meaning set forth in Section ; (pppp)
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Purchaser Damages Event means if at any time after the execution of the Arrangement Agreement:
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Related to Purchaser Damages Event

  • Seller Damages shall have the meaning given to such term in Section 14.3.

  • Purchaser Losses shall have the meaning set forth in Section 9.1(a).

  • Buyer Losses shall have the meaning set forth in Section 8.2.

  • Purchaser Default has the meaning set forth in Section 12.2 (a).

  • Buyer Indemnified Party has the meaning set forth in Section 8.2.

  • Purchaser Indemnified Party shall have the meaning set forth in Section 9.1(a).

  • Purchaser Indemnified Person is defined in Section 5.1 of the Sale Agreement.

  • Daily Delay Damages means with respect to a Guaranteed Project Milestone, an amount equal to (a) the Project Development Security Amount posted as of the first date that Daily Delay Damages are payable under this Agreement with respect to such Guaranteed Project Milestone, divided by (b) 120.

  • Cover Damages means, with respect to any Delivery Shortfall, an amount equal to (a) the positive net amount, if, any, by which the Replacement Price exceeds the applicable Price that would have been paid pursuant to Section 5.1 and the Cover Sheet, multiplied by the quantity of that Delivery Shortfall, plus (b) any applicable penalties and other costs assessed by ISO-NE or any other Person against Buyer as a result of Seller’s failure to deliver such Products in accordance with the terms of this Agreement. Buyer shall provide a statement for the applicable period explaining in reasonable detail the calculation of any Cover Damages.

  • Liquidated Damages Amount has the meaning set forth in Section 2(e) hereof.

  • Damages Payment Date With respect to the Series A Notes, each Interest Payment Date.

  • Purchaser Indemnified Parties has the meaning set forth in Section 8.2.

  • Buyer Indemnified Parties has the meaning set forth in Section 8.2.

  • Economic damages means objectively verifiable monetary losses, including medical expenses, loss of earnings, burial costs, loss of use of property, cost of replacement or repair, cost of obtaining substitute domestic services, loss of employment, and loss of business or employment opportunities.

  • Delay Damages means the damages assessed pursuant to Section 3.2(a) hereof.

  • Seller Indemnified Party has the meaning set forth in Section 7.2.

  • Actual Damages has the meaning set forth in Section 12.4(C).

  • Indemnifiable Damages shall have the meaning set forth in Section 9.1 herein.

  • Purchaser Indemnified Persons has the meaning specified in Section 11.01(a).

  • Buyer Indemnified Persons has the meaning set forth in Section 8.2.

  • Rejection Damages Claim means any Claim on account of the rejection of an Executory Contract or Unexpired Lease pursuant to section 365 of the Bankruptcy Code.

  • Special Damages shall have the meaning as set forth in Section 5.07.

  • Seller Default has the meaning set forth in Section 11.2.

  • Buyer Default refers to nonpayment of the Xxxxxxx Money in accordance with the provisions of this Agreement (including nonpayment or dishonor of any check delivered for the Xxxxxxx Money) and/or the failure of this transaction to close due to nonperformance, breach and/or default with respect to the Buyer’s obligation(s) under this Agreement. In the event of a Buyer Default, the following provisions shall apply:

  • Seller Indemnified Parties has the meaning set forth in Section 8.1.

  • Indemnification Escrow Amount has the meaning set forth in Section 2.2(b).