Break-Up Fees. (a) If this Agreement is terminated by the City pursuant to Section 7.1(b), then SEARHC will pay the City, within thirty (30) days following the City’s delivery of Notice to SEARHC of such termination, an amount equal to Five Hundred Thousand and No/100 Dollars ($500,000) (the “City Break-up Fee”).
Appears in 5 contracts
Samples: Asset Purchase Agreement, Asset Purchase Agreement, Asset Purchase Agreement
