Termination Payment Event definition

Termination Payment Event has the meaning set out in Section 7.2(a);

Termination Payment Event means the termination of this Agreement:

Termination Payment Event means termination of the Contract pursuant to one of the grounds referred to in Clauses 8.5.2 (a), 8.5.2 (b) or 8.5.2 (c)

Examples of Termination Payment Event in a sentence

• If the Termination Payment becomes payable, then the Prime Contractor shall submit a fully itemised and costed list of such loss to the Contracting Body, with supporting evidence, of losses reasonably and actually incurred by the Prime Contractor as a result of the occurrence of the Termination Payment Event.

• The payment of the Termination Payment shall be in full and final settlement of any claim, demand and/or proceedings of the Prime Contractor in relation to the occurrence of a Termination Payment Event and the Prime Contractor shall be excluded from all other rights and remedies it would otherwise have been in respect of any such termination.

• Notwithstanding the foregoing, the Parties maintain their full rights, remedies and recourses for damages or otherwise in connection with any termination of this Agreement other than pursuant to a Termination Payment Event.

• Termination and Expense Fees The Arrangement Agreement provides that Sulliden will pay the Sulliden Termination Payment to Rio Alto if a Sulliden Termination Payment Event occurs.

• Each Party agrees that the Termination Payment constitutes payment of liquidated damages which are a genuine anticipated assessment or estimate of the damages which it will suffer or incur as a result of a Termination Payment Event giving rise to such damages and resulting in the termination of this Agreement and does not and will not constitute payment of a penalty.

More Definitions of Termination Payment Event

Termination Payment Event has the meaning set out in Section 7.3(a); (ggg)

Termination Payment Event means termination of the Contract pursuant to one of the grounds referred to in Clauses 8.5.2 (a), 8.5.2 (b) or 8.5.2 (c) “Third Party Software” means software which is proprietary to any third party which is or will be used by the Prime Contractor for the purposes of providing the Services “Transfer Date” means the date the Transferring Employee is transferred to the employment of the Prime Contractor or each Sub-contractor “Transferring Employee” means an employee of an Incumbent Contractor whose contract of employment becomes, by virtue of the application of the TUPE Regulations in relation to what is done for the purposes of carrying out the Contract, a contract of employment with someone other than the Incumbent Contractor “TUPE Regulations” means the Transfer of Undertakings (Protection of Employment) Regulations 2006 (as amended)

Termination Payment Event has the meaning ascribed to it in Section 6.4(d); (yyyyy)“Termination Notice” has the meaning ascribed to it in Section 6.3(b);

Termination Payment Event means the termination of this Agreement: (i) by the Purchaser pursuant to: (A) Section 8.2(a)(iii)(A) [Change in Recommendation or Breach of Non-Solicit]; or (B) Section 8.2(a)(ii)(C) [Failure to Obtain Shareholder Approval] if at the time of termination the Purchaser would have been permitted to terminate this Agreement pursuant to Section 8.2(a)(iii)(A) [Change in Recommendation or Breach of Non-Solicit]; (ii) by eOne pursuant to:

Termination Payment Event has the meaning set out in Section 9.3(a); and “Transaction Consideration” means $0.002 in cash per Common Share.

Termination Payment Event is defined in Section 9.3.3.

Termination Payment Event means the receipt of the payment of the Termination Value by the Issuer.