Second Extension Fee definition

Second Extension Fee shall have the meaning provided in Section 4.1(e).

Second Extension Fee has the meaning ascribed thereto in Subsection 4.3(c)”;

Second Extension Fee shall have the meaning given such term in Section 1.4(4) of the Credit Agreement.

Examples of Second Extension Fee in a sentence

• WPD may pay the third Required Extension Fee (the “Third Extension Fee”) if WPD has paid the First Extension Fee and the Second Extension Fee and spent $7 million of the CRDE.

• As consideration for Block Capital agreeing not to require the repayment of all monies due to Block Capital under the agreement by 30 April 2020 (which was a previously agreed repayment date), the Company must pay to Block Capital a non-refundable fee of US$200,000 (Second Extension Fee).

• In consideration of Seller's agreement to extend closing under the Agreement to the Second Extended Settlement Date, Purchaser shall paydirectly to Seller an extension fee in the amount of Forty-Three Thousand One Hundred Twenty­ Five Dollars ($43,125.00) (the "Second Extension Fee").

• The First Extension Fee and the Second Extension Fee shall each be paid in the manner specified in Section 6.5 (Mode of Payment) no later than [***] Business Days after Licensee provides its written notice of extension to Janssen.

• If closing occurs prior to the Second Extended Settlement Date, the Second Extension Fee paid by Purchaser for the month of closing shall be prorated as of the actual date ofclosing.

More Definitions of Second Extension Fee

Second Extension Fee is defined in the Option.

Second Extension Fee has the meaning specified in Section 5.02.

Second Extension Fee means a fee equal to the Committed Amount as of November 1, 2004 multiplied by 0.75%.

Second Extension Fee has the meaning set forth in Section 11.1(c). “Second Extension Option” has the meaning set forth in Section 11.1(a). “Second Extension Outside Date” means September 30, 2025. “Securities Act” means the Securities Act of 1933, as amended. “Seller” has the meaning set forth in the Preamble. “Seller Covenant Breach” has the meaning set forth in Section 11.1(d). “Seller Indemnitees” has the meaning set forth in Section 8.3. “Seller Release” has the meaning set forth in Section 7.3(l). “Subsidiary” means any corporation, limited liability company or other entity with respect to which a Person owns, directly or indirectly, more than fifty percent (50%) of the capital stock, membership interest or other equity of such corporation, limited liability company or other entity. “Supplemental Payment Amount” means an amount that is equal to the difference between (a) Budgeted Company Distributions minus (b) Actual Company Distributions, if such difference is not a negative number. If such difference is a negative number, then the Supplemental Payment Amount will be zero. “Tax” or “Taxes” means any federal, state, local or foreign income, margin, gross receipts, license, payroll, employment, excise, severance, stamp, occupation, premium, windfall profits, environmental, customs, duties, capital stock, franchise, profits, withholding, social security (or similar), unemployment, disability, real property, personal property, sales, use, transfer, registration, value added, alternative or add-on minimum, unclaimed property, escheat, estimated, or other tax of any kind, including any interest, penalty or addition thereto, whether disputed or not and including any obligations to indemnify or otherwise assume or succeed to the Tax liability of any other Person. “Tax Action” has the meaning set forth in Section 5.10(b). “Tax Claim” has the meaning set forth in Section 8.4(c). “Tax Return” means any return, declaration, report, claim for refund, or information return or statement relating to Taxes (including any schedule or attachment thereto, and any amendment thereof).

Second Extension Fee shall have the meaning provided in Section 3.1(a)(ii). “Section 4.4(b)(ii) Certificate” shall have the meaning provided in Section 4.4(b)(ii).

Second Extension Fee means a sum equivalent to 6.0% of the Consideration (which for the avoidance of doubt excludes any dividends that the Purchaser may have received from LYC SG)

Second Extension Fee has the meaning set forth in Section 3.14.