SEC Termination Fee definition

SEC Termination Fee means an amount equal to four percent (4%) of Purchase Price.

Examples of SEC Termination Fee in a sentence

  • In the event of termination of this Agreement by Buyer pursuant to Section 12.1(a)(v), written notice thereof shall promptly be given by Buyer to Seller, Buyer shall wire transfer the SEC Termination Fee to Seller concurrently with the delivery of such notice in immediately available funds to an account or accounts designated by Seller, and this Agreement shall terminate upon receipt by Seller of the SEC Termination Fee.

  • In the event of termination of this Agreement by Seller pursuant to Section 12.1(a)(iv), written notice thereof shall promptly be given by Seller to Buyer, Buyer shall wire transfer the SEC Termination Fee to Seller within one (1) Business Day of Seller's notice in immediately available funds to an account or accounts designated by Seller, and this Agreement shall terminate upon receipt by Seller of the SEC Termination Fee.

Related to SEC Termination Fee

  • Company Termination Fee has the meaning set forth in Section 7.3(a).

  • Parent Termination Fee has the meaning set forth in Section 7.3(b).

  • Reverse Termination Fee has the meaning set forth in Section 7.02(b).

  • Termination Fee has the meaning set forth in Section 7.02(a).

  • Early Termination Fee has the meaning set forth in Section 2.09(b).

  • Sponsor Termination Fees means the one-time payment under the Sponsor Management Agreement of a termination fee to one or more of the Sponsors and their Affiliates in the event of either a Change of Control or the completion of a Qualifying IPO.

  • Termination Fee Event has the meaning ascribed thereto in Section 8.2(2).

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

  • Accretion Termination Date As defined in the Series Supplement.

  • Outside Termination Date shall have the meaning set forth in Section 8.01(f).

  • Commitment Termination Event means the earlier of (a) automatically and without notice or further action, the occurrence of any Event of Default described in Section 7.01(i) (Bankruptcy, Insolvency, etc.) with respect to the Borrower and (b) the occurrence and continuation of any other Event of Default under this Agreement pursuant to which either a Commitment Termination Event has been expressly declared or a declaration of the Loan to be due and payable has been given, in each case pursuant to Section 7.03 (Action if other Event of Default).

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Commitment Termination Date means the earlier of (a) the Maturity Date and (b) the earlier termination in whole of the Commitments pursuant to Section 2.04 or Article VII.

  • Early Termination Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, these Conditions or the relevant Final Terms;

  • Automatic Termination shall have the meaning set forth in Section 2.3.2.

  • Termination Base Salary means that amount equal to Executive’s annual base salary with the Company at the rate in effect immediately prior to the Change of Control or, if a greater amount, Executive’s annual base salary at the rate in effect at any time thereafter.

  • Stated Termination Date means December 31, 2000.

  • Event Termination Date See Section 2(e) hereof.

  • Special Termination Notice means the Notice of Special Termination substantially in the form of Annex VII to this Agreement.

  • Early Termination Payment is defined in Section 4.3(b) of this Agreement.

  • Escrow Termination Date has the meaning ascribed to such term in Section 9.12.

  • Loan Termination Date means the earliest to occur of the following: (i) as to TERM NOTE 2, TERM NOTE 4, and TERM NOTE 5, September 1, 2011; as to the REVOLVING NOTE, April 21, 2006; (ii) the date the OBLIGATIONS are accelerated pursuant to this AGREEMENT, and (iii) the date BANK receives (a) notice in writing from BORROWER of BORROWER’S election to terminate this AGREEMENT and (b) indefeasible payment in full of the OBLIGATIONS.

  • Initiation fee means a fee charged by us to you in order to create a credit facility for you;

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.

  • Scheduled Commitment Termination Date means April 16, 2024.

  • Renewal Fee means the fee that Borrower must pay Coast upon renewal of this Agreement pursuant to Section 9.1 hereof, in the amount set forth on the Schedule.