SHNM definition
Examples of SHNM in a sentence
If this Agreement is terminated pursuant to Section 8.1(c) or 8.1(f) and the Company does not enter into an Agreement during the Restricted Period providing for the implementation of an Acquisition Proposal, the Company will no longer be obligated to pay SunCal any portion of the SHNM Termination Fee or any SunCal Expenses or any Company Expenses actually paid by the Acquiror pursuant to Section 8.3.
In the event this Agreement is terminated by Acquiror pursuant to Section 8.1(e)(i) as a result of the Company’s intentional or willful breach after the date of this Agreement of its representations, warranties or covenants, then the Company will promptly pay Acquiror the SHNM Termination Fee paid by Acquiror pursuant to Section 2.1 as liquidated damages in addition to the return of its Deposit and the SunCal Expenses.