Reduced Termination Fee definition

Reduced Termination Fee has the meaning attributed to that term in the Production Payment Agreement Termination Agreement;
Reduced Termination Fee shall have the meaning set forth in Section 7.02(a).
Reduced Termination Fee means with respect to a termination of this Agreement pursuant to Section 12(a)(ii), a payment equal to: one times the Base Management Fee earned by Manager for the 12-month period preceding the applicable termination (or, if there has not been one complete 12-month period under this Agreement prior to such termination, then the Base Management Fee that would have been earned by Manager for the 12-month period based on projections agreed to by Manager and Company for the first fiscal year as though all projections therein were realized).

Examples of Reduced Termination Fee in a sentence

  • The Finance Parties hereby agree to extend the date that the Reduced Termination Fee may be paid to May 31, 2018.

  • If Company elects to terminate this Agreement in accordance with the provisions of this Section 12(a), Company shall pay to Manager within ninety (90) days of the effective date of such termination either (i) the Termination Fee, or (ii) if at the effective time of such termination CapitalSource Inc.'s direct and indirect equity interest in the Company is less than fifteen percent (15%), the Reduced Termination Fee.

  • The Finance Parties hereby agree to extend the date that the Reduced Termination Fee may be paid to May 15, 2018.

  • Finally, the first amended contract specified that petitioner would be available for two product- testing days each year of the contract.

  • For greater certainty, if the Reduced Termination Fee is not paid in cash to Liberty Metals & Mining prior by March 31, 2018, PGM BC shall be obligated to pay the Termination Fee to Liberty Metals & Mining by not later than the Stated Maturity Date.

  • Initiated micro-business, kitchen gardening practices and production practices techniques in their villages to earn portion of their livelihood to reduce poverty; Project Sustainability: The long-term sustainability strategy includes creating strong youth organizations which will become institutionally and financially viable after the project ends.


More Definitions of Reduced Termination Fee

Reduced Termination Fee has the meaning provided in Section 2.1;

Related to Reduced Termination Fee

  • Company Termination Fee has the meaning set forth in Section 7.3(a).

  • Reverse Termination Fee has the meaning set forth in Section 7.02(b).

  • Parent Termination Fee has the meaning set forth in Section 7.3(b).

  • Early Termination Fee has the meaning set forth in Section 7.2.

  • Termination Fee has the meaning set forth in Section 7.02(a).

  • Termination Fee Event has the meaning ascribed thereto in Section 5.2(a);

  • Sponsor Termination Fees means the one-time payment under the Sponsor Management Agreement of a termination fee to one or more of the Sponsors and their Affiliates in the event of either a Change of Control or the completion of a Qualifying IPO.

  • Compensation Accrued at Termination means the following:

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Early Termination Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, these Conditions or the relevant Final Terms;

  • Accretion Termination Date As defined in the Series Supplement.

  • Scheduled Termination Date means the date that is 364 days from (and including) the Effective Date, or any succeeding date to which the term of this Agreement is extended pursuant to Section 2.03.

  • Stated Termination Date means, with respect to the Revolving Credit Facility, March 4, 2027 and, with respect to any Extended Revolving Credit Facility, the maturity date set forth in the Extension Agreement related thereto.

  • Early Termination Payment is defined in Section 4.3(b) of this Agreement.

  • Initial Termination Date has the meaning set forth in Section 8.2(a).

  • Severance Amount means:

  • Premium Termination Date With respect to the Series A Certificates, the scheduled maturity date of the Series A Certificates, with respect to the Series B Certificates, the scheduled maturity date of the Series B Certificates and with respect to the Series C Certificates, the scheduled maturity date of the Series C Certificates.

  • Early Termination Effective Date is defined in Section 4.2 of this Agreement.

  • Outside Termination Date shall have the meaning set forth in Section 8.01(f).

  • Termination Base Salary means that amount equal to Executive’s annual base salary with the Company at the rate in effect immediately prior to the Change of Control or, if a greater amount, Executive’s annual base salary at the rate in effect at any time thereafter.

  • Covered Termination means the termination of Executive’s employment by the Company without Cause or by Executive for Good Reason, and shall not include a termination due to Executive’s death or disability.

  • Change in Control Termination means an “Involuntary Termination Without Cause” or “Resignation for Good Reason,” either of which occurs on, or within three (3) months prior to, or within twelve (12) months following, the effective date of a Change in Control, provided that any such termination is a “separation from service” within the meaning of Treasury Regulation Section 1.409A-1(h). Death and disability shall not be deemed Change in Control Terminations.

  • Effective Termination Date has the meaning set forth in Section 10(b) hereof.

  • Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1995-1 Termination Date.

  • Change in Control Payment means any payment or distribution by the Corporation in the nature of compensation (within the meaning of Section 280G(b)(2) of the Code) to or for the benefit of Executive that is contingent on a Change in Control, whether paid or payable or distributed or distributable pursuant to the terms of this Agreement or otherwise.

  • Automatic Termination shall have the meaning set forth in Section 2.3.2.