Early Termination Compensation Sample Clauses

Early Termination Compensation. If the CHARTERPARTY is terminated during the INITIAL PERIOD by COMPANY pursuant to Clause 9.2.1 (for reasons other than those stipulated in Clause 14.1 and 34.5) or by OWNER pursuant to Clause 9.2.3 above, and
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Early Termination Compensation. With reference to Section II, Clause 9.2.5 the early termination compensation shall be as per the amounts shown in the following paragraphs. The amounts shall be linearly prorated if this CHARTERPARTY is terminated at periods other than the anniversary dates shown in the paragraphs:
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Early Termination Compensation. In the event that Borrower shall terminate this Agreement on or before the second anniversary hereof, Borrower shall be obligated to pay to Bank, as a condition to such termination and prior to the release of Bank's liens and encumbrances, the amount of: (a) Three Hundred Thousand Dollars ($300,000) if such termination occurs before the first anniversary hereof; or (b) Two Hundred Thousand Dollars ($200,000) if such termination occurs on or after the first anniversary hereof but before the second anniversary of this Agreement.
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Early Termination Compensation. IF (I) THIS AGREEMENT IS TERMINATED BY SELLER PURSUANT TO CLAUSE 20.4 OR 20.6 OR (II) THE ADVANCE (AS DEFINED IN THE PREPAYMENT AGREEMENT) IS SATISFIED IN FULL (OTHER THAN AS A RESULT OF AN EARLY TERMINATION DUE TO A CHANGE OF CONTROL PRIOR TO THE MATURITY DATE (AS DEFINED IN THE PREPAYMENT AGREEMENT), OR THE DELIVERY OF 9,000,000 BARRELS OF CRUDE OIL HEREUNDER, OR THAT IS THE SUBJECT OF A SUBSEQUENT UTILISATION REQUEST UNDER THE PREPAYMENT AGREEMENT), SELLER SHALL PAY MARKETER THE FOLLOWING AMOUNT AS PRE-AGREED LIQUIDATED DAMAGES FOR SUCH TERMINATION OR SATISFACTION IN FULL (AS APPLICABLE):
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Early Termination Compensation. Merisant shall pay to Heinz on or before the Termination Date an amount equal to One Million Five Hundred Thousand Dollars and Zero Cents ($1,500,000.00) by wire transfer of immediately available funds to an account designated in writing by Heinz not later than two business days prior to the Termination Date (the “Termination Fee”). The Termination Fee shall be in addition to any commissions or other amounts that Heinz earns in accordance with the terms of the Distribution Agreements prior to the Termination Date. For avoidance of doubt, such commissions shall be as set forth in the Distribution Agreement as in effect on the date hereof and do not include the proposed commissions set forth in the proposed First Amendment to the Food Service Distribution Amendment and the proposed Second Amendment to the Retail Distribution Agreement.
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Early Termination Compensation 
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Related to Early Termination Compensation

  • Termination Compensation Termination Compensation equal to two (2) times the Executive's Base Period Income shall be paid to the Executive in a single sum payment in cash on the thirtieth (30th) business day after the later of (a) the Control Change Date and (b) the date of the Executive's employment termination; provided that if at the time of the Executive's termination of employment the Executive is a Specified Employee, then payment of the Termination Compensation to the Executive shall be made on the first day of the seventh (7th) month following the Executive's employment termination.

  • Early Termination Benefit If Early Termination occurs, the Bank shall distribute to the Executive the benefit described in this Section 2.2 in lieu of any other benefit under this Article.

  • Early Termination In the absence of any material breach of this Agreement, should the Trust elect to terminate this Agreement prior to the end of the term, the Trust agrees to pay the following fees:

  • Automatic Early Termination provision of Section 6(a) will not apply to Party A and will not apply to Party B.

  • Early Termination of Employment In addition to any Termination of Employment of Executive as a Retired Early Employee under Paragraph 6 of this Agreement, a Termination of Employment of Executive may occur prior to the normal expiration of the Term under the circumstances and with the consequences set forth below.

  • Early Termination of Services Termination at any time upon 90 days’ prior written notice. Notwithstanding the second sentence of Section 4(b) of the Agreement, individual Services within this Schedule may be terminated on a per country basis without all other Services being simultaneously terminated. Following the written notice period and coinciding with the early termination by the Recipient of any Service(s) in this Schedule, Early Termination Fees equal to 75% of the monthly cost of such terminated Services shall be charged to Recipient monthly until the earlier of (i) three (3) months after termination or (ii) the expiration of the Term of this Schedule.

  • Severance Compensation upon Termination of Employment If the Company shall terminate the Executive’s employment other than pursuant to Section 5(a), (b) or (c) or if the Executive shall terminate his employment for Good Reason, then the Company shall pay to the Executive as severance pay in a lump sum, in cash, on the fifth day following the Date of Termination, an amount equal to three (3) times the average of the aggregate annual compensation paid to the Executive during the three (3) fiscal years of the Company immediately preceding the Change of Control by the Company subject to United States income taxes (or, such fewer number of fiscal years if the Executive has not been employed by the Company during each of the preceding three (3) fiscal years).

  • Early Termination Right Tenant shall have the right, subject to the provisions of this Section 39, to terminate this Lease (“Termination Right”) with respect to the entire Premises only as of July 31, 2021 (“Early Termination Date”), so long as Tenant delivers to Landlord (i) a written notice (“Termination Notice”), of its election to exercise its Termination Right no less than 12 months in advance of the Early Termination Date, and (ii) concurrent with Tenant’s delivery of the Termination Notice to Landlord, an early termination payment equal to the sum of (1) the unamortized amount of the Tenant Improvement Allowance actually disbursed by Landlord as of the Early Termination Date with amortization calculated on a straight line basis from the Commencement Date through the Base Term, (2) all of the unamortized leasing commissions paid by Landlord in connection with this Lease as of the Early Termination Date, with amortization calculated on a straight line basis from the Commencement Date through the Base Term, (3) the unamortized amount as of the Early Termination Date of the Additional Tenant Improvement Allowance actually disbursed by Landlord to Tenant, if any, with amortization calculated on a straight line basis from the Commencement Date through the Base Term, (4) the unamortized amount of the Base Rent that would have been payable during the Abatement Period had such amounts not been abated, with amortization calculated on a straight line basis from the Commencement Date through the Base Term, and (5) an amount equal to 4 months of Base Rent that would have been payable for the 4 months immediately following the Early Termination Date (collectively, the “Early Termination Payment”). If Tenant timely and properly exercises the Termination Right, Tenant shall vacate the Premises and deliver possession thereof to Landlord in the condition required by the terms of this Lease on or before the Early Termination Date and Tenant shall have no further obligations under this Lease except for those accruing prior to the Early Termination Date and those which, pursuant to the terms of this Lease, survive the expiration or early termination of this Lease. If Tenant does not deliver to Landlord the Termination Notice and the Early Termination Payment within the time period provided in this paragraph, Tenant shall be deemed to have waived its Termination Right and the provisions of this Section 39 shall have no further force or effect.

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