Examples of Specified Acquisition Transaction in a sentence
However, no termination will be payable if such Specified Acquisition Transaction is in the form of a license of assets of the Company and or the Company’s subsidiaries unless such Specified Acquisition Transaction is entered into with any person or entity that disclosed, announced, commenced, submitted or made an Acquisition Proposal prior to the date of such termination, or any of such person or entity’s affiliates.
Acquisition Transaction (whether or not relating to such Acquisition Proposal) is executed, then the Company will pay (or cause to be paid) to Parent a nonrefundable amount of $25,300,000 (such non-refundable fee, and each of the other non-refundable fees set forth in this section “Termination Fee,” a “Termination Fee”), by wire transfer of immediately available funds to an account or accounts designated in writing by Parent, at the time such Specified Acquisition Transaction is consummated.