Split Fees definition
Examples of Split Fees in a sentence
The filing fees associated with the HSR Act filing in connection with the transactions contemplated by this Agreement shall constitute Split Fees.
Notwithstanding anything in this Second Amendment to the contrary, Transfer Taxes shall not constitute Taxes of a Pre-Closing Tax Period and shall be treated as Split Fees pursuant to Section 5.4(e) of the ASPA.
Except for Split Fees or as may be otherwise specified in the Transaction Agreements, all costs and expenses, including fees and disbursements of counsel, financial advisers and independent accountants, incurred in connection with the Transaction Agreements and the transactions contemplated by the Transaction Agreements shall be paid by the Person incurring such costs and expenses, whether or not the Closing shall have occurred or this Agreement is terminated.
By signing below, I acknowledge that I agree to the above policies and agreements regarding Fee Adjustment, Split Fees, and Invoices.
Buyer shall be responsible for all Split Fees subject to the amount of Split Fees that are the responsibility of the Company under Transaction Expenses.
A portion of the VAT and/or GST payable in connection with the asset sales in Mexico, India and Turkey is included in the Split Fees calculation to increase the aggregate amount to be included as Transaction Expenses pursuant to limb (h) of that definition to $2,000,000 (such incremental amount being the “VAT/GST Amount”).