Common use of Applicable Termination Payment Defined Clause in Contracts

Applicable Termination Payment Defined. If payable by Corgenix, ----------------------------------------- the "Applicable Termination Payment" shall be $1,500,000. If payable by GBI, the "Applicable Termination Payment" shall be $1,000,000.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Genesis Bioventures Inc), Agreement and Plan of Merger (Genesis Bioventures Inc), Agreement and Plan of Merger (Genesis Bioventures Inc)

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Applicable Termination Payment Defined. If payable by Corgenix, ----------------------------------------- the "Applicable Termination Payment" shall be $1,500,000. If payable by GBI, the "Applicable Termination Payment" shall be $1,000,000.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Genesis Bioventures Inc)

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