Cancellation Fee. If the Company at any time notifies Prudential in writing that the Company is canceling the closing of the purchase and sale of any Accepted Note, or if Prudential notifies the Company in writing under the circumstances set forth in the last sentence of paragraph 2E or the penultimate sentence of paragraph 2G that the closing of the purchase and sale of such Accepted Note is to be canceled, or if the closing of the purchase and sale of such Accepted Note is not consummated on or prior to the last day of the Issuance Period (the date of any such notification, or the last day of the Issuance Period, as the case may be, being herein called the “CANCELLATION DATE”), the Company will pay Prudential in immediately available funds an amount (the “CANCELLATION FEE”) calculated as follows:
Appears in 6 contracts
Samples: Exhibit Agreement (Applied Industrial Technologies Inc), Amendment to Agreement (Applied Industrial Technologies Inc), Agreement (Applied Industrial Technologies Inc)
Cancellation Fee. If (a) the Company at any time notifies Prudential in writing that the Company is canceling the closing of the purchase and sale of any Accepted Note, or (b) if Prudential notifies the Company in writing under the circumstances set forth in the last sentence of paragraph 2E or the penultimate sentence of paragraph 2G Section 2B(7) that the closing of the purchase and sale of such Accepted Note is to be canceled, or (c) if the closing of the purchase and sale of such Accepted Note is not consummated on or prior to the last day of the Issuance Period (the date of any such notification, or the last day of the Issuance Period, as the case may be, being herein called the “CANCELLATION DATECancellation Date”), the Company will shall pay Prudential the Purchaser which shall have agreed to purchase such Accepted Note in immediately available funds on the Cancellation Date an amount (the “CANCELLATION FEECancellation Fee”) calculated as follows:equal to
Appears in 4 contracts
Samples: Private Shelf Agreement (Nu Skin Enterprises Inc), Private Shelf Agreement (Nu Skin Enterprises Inc), Private Shelf Agreement (Nu Skin Enterprises Inc)
Cancellation Fee. If the Company at any time notifies Prudential in writing that the Company is canceling the closing of the purchase and sale of any Accepted Note, or if Prudential notifies the Company in writing under the circumstances set forth in the last sentence of paragraph 2E 2B(5) or the penultimate sentence of paragraph 2G 2B(7) that the closing of the purchase and sale of such Accepted Note is to be canceled, or if the closing of the purchase and sale of such Accepted Note is not consummated on or prior to the last day of the Issuance Period (the date of any such notification, or the last day of the Issuance Period, as the case may be, being herein called the “CANCELLATION DATE”"Cancellation Date"), the Company will pay Prudential the Purchasers in immediately available funds an amount (the “CANCELLATION FEE”"Cancellation Fee") calculated as follows:: PI X PA
Appears in 4 contracts
Samples: Note Purchase and Private Shelf Agreement (Ruddick Corp), Note Purchase and Private Shelf Agreement (Columbia Sportswear Co), Note Purchase and Private Shelf Agreement (Waste Industries Inc)
Cancellation Fee. If the Company at any time notifies Prudential in writing that the Company is canceling the closing of the purchase and sale of any Accepted Note, or if Prudential notifies the Company in writing under the circumstances set forth in the last sentence of paragraph 2E Section 2.2(f) or the penultimate sentence of paragraph 2G Section 3.3 that the closing of the purchase and sale of such Accepted Note is to be canceled, or if the closing of the purchase and sale of such Accepted Note is not consummated on or prior to the last day of the Issuance Period (the date of any such notification, or the last day of the Issuance Period, as the case may be, being herein called the “CANCELLATION DATECancellation Date”), the Company will pay Prudential to each Purchaser which shall have agreed to purchase such Accepted Note no later than one day after the Cancellation Date in immediately available funds an amount (the “CANCELLATION FEECancellation Fee”) calculated as follows:
Appears in 3 contracts
Samples: Note Purchase and Private Shelf Agreement (MGP Ingredients Inc), Note Purchase and Private Shelf Agreement (MGP Ingredients Inc), Note Purchase and Private Shelf Agreement (Primoris Services Corp)
Cancellation Fee. If the Company at any time notifies Prudential in writing that the Company is canceling the closing of the purchase and sale of any Accepted Note, or if Prudential notifies the Company in writing under the circumstances set forth in the last sentence of paragraph 2E 2B(5) or the penultimate sentence of paragraph 2G 2B(7) that the closing of the purchase and sale of such Accepted Note is to be canceled, or if the closing of the purchase and sale of such Accepted Note is not consummated on or prior to the last day of the Issuance Period (the date of any such notification, or the last day of the Issuance Period, as the case may be, being herein called the “CANCELLATION DATECancellation Date”), the Company will pay Prudential the Purchasers in immediately available funds an amount (the “CANCELLATION FEECancellation Fee”) calculated as follows:
Appears in 3 contracts
Samples: Note Purchase and Private Shelf Agreement (Stanley Furniture Co Inc.), Note Purchase and Private Shelf Agreement (Stanley Furniture Co Inc.), Note Purchase and Private Shelf Agreement (Waste Industries Usa Inc)
Cancellation Fee. If the Company at any time notifies Prudential in writing that the Company is canceling the closing of the purchase and sale of any Accepted Note, or if Prudential notifies the Company in writing under the circumstances set forth in the last sentence of paragraph 2E 2B(5) or the penultimate sentence of paragraph 2G 2B(7) that the closing of the purchase and sale of such Accepted Note is to be canceled, or if the closing of the purchase and sale of such Accepted Note is not consummated on or prior to the last day of the Issuance Period (the date of any such notification, or the last day of the Issuance Period, as the case may be, being herein called the “CANCELLATION DATE”"Cancellation Date"), the Company will pay to Prudential in immediately available funds an amount (the “CANCELLATION FEE”"Cancellation Fee") calculated as follows:: PI X PA
Appears in 2 contracts
Samples: Senior Promissory Note Agreement (Lawter International Inc), Note Purchase and Private Shelf Agreement (Varian Medical Systems Inc)
Cancellation Fee. If the Company at any time notifies Prudential in writing that the Company is canceling the closing of the purchase and sale of any Accepted Note, or if Prudential notifies the Company in writing under the circumstances set forth in the last sentence of paragraph 2E 2B(5) or the penultimate sentence of paragraph 2G 2B(7) that the closing of the purchase and sale of such Accepted Note is to be canceled, or if the closing of the purchase and sale of such Accepted Note is not consummated on or prior to the last day of the Issuance Period (the date of any such notification, or the last day of the Issuance Period, as the case may be, being herein called the “CANCELLATION DATECancellation Date”), the Company will pay Prudential the Purchasers in immediately available funds an amount (the “CANCELLATION FEECancellation Fee”) calculated as follows:: PI X PA
Appears in 2 contracts
Samples: Note Purchase and Private Shelf Agreement (Old Dominion Freight Line, Inc.), Note Purchase and Private Shelf Agreement (Old Dominion Freight Line, Inc.)
Cancellation Fee. If the Company at any time notifies Prudential in writing that the Company is canceling the closing of the purchase and sale of any Accepted Note, or if Prudential notifies the Company in writing under the circumstances set forth in the last sentence of paragraph 2E or the penultimate sentence of paragraph 2G that the closing of the purchase and sale of such Accepted Note is to be canceled, or if the closing of the purchase and sale of such Accepted Note is not consummated on or prior to the last day of the Issuance Period (the date of any such notification, or the last day of the Issuance Period, as the case may be, being herein called the “"CANCELLATION DATE”"), the Company will pay Prudential in immediately available funds an amount (the “"CANCELLATION FEE”") calculated as follows:
Appears in 2 contracts
Samples: Note Purchase Agreement (Applied Industrial Technologies Inc), Note Purchase Agreement (Bearings Inc /Oh/)
Cancellation Fee. If the Company at any time notifies Prudential in writing that the Company is canceling the closing of the purchase and sale of any Accepted Note, or if Prudential notifies the Company in writing under the circumstances set forth in the last sentence of paragraph 2E 2F or the penultimate sentence of paragraph 2G 2H that the closing of the purchase and sale of such Accepted Note is to be canceled, or if the closing of the purchase and sale of such Accepted Note is not consummated on or prior to the last day of the Issuance Period (the date of any such notification, or the last day of the Issuance Period, as the case may be, being herein called the “"CANCELLATION DATE”"), the Company will pay Prudential the Purchasers in immediately available funds an amount (the “"CANCELLATION FEE”") calculated as follows:: PI X PA
Appears in 1 contract
Samples: Private Shelf Agreement (Watsco Inc)
Cancellation Fee. If the a Company at any time notifies Prudential in writing that the Company is Companies are canceling the closing of the purchase and sale of any Accepted Note, or if Prudential notifies the Company Companies in writing under the circumstances set forth in the last sentence of paragraph 2E 2B(5) or the penultimate sentence of paragraph 2G 2B(7) that the closing of the purchase and sale of such Accepted Note is to be canceled, or if the closing of the purchase and sale of such Accepted Note is not consummated on or prior to the last day of the Issuance Period (the date of any such notification, or the last day of the Issuance Period, as the case may be, being herein called the “"CANCELLATION DATE”"), the Company will Companies jointly and severally agree to pay to Prudential in immediately available funds an amount (the “"CANCELLATION FEE”") calculated as follows:: PI X PA
Appears in 1 contract
Cancellation Fee. If the Company at any time notifies Prudential in writing that the Company is canceling the closing of the purchase and sale of any Accepted Note, or if Prudential notifies the Company in writing under the circumstances set forth in the last sentence of paragraph 2E 2A(5) or the penultimate sentence of paragraph 2G 2A(7) that the closing of the purchase and sale of such Accepted Note is to be canceled, or if the closing 11 of the purchase and sale of such Accepted Note is not consummated on or prior to the last day of the Issuance Period (the date of any such notification, or the last day of the Issuance Period, as the case may be, being herein called the “"CANCELLATION DATE”"), the Company will pay Prudential the Purchaser which shall have agreed to purchase such Accepted Note in immediately available funds on the Cancellation Date an amount (the “"CANCELLATION FEE”") calculated as followsequal to:
Appears in 1 contract
Samples: Note Purchase and Private Shelf Agreement (Franklin Electric Co Inc)
Cancellation Fee. If the Company at any time notifies Prudential in writing that the Company is canceling the closing of the purchase and sale of any Accepted Note, or if Prudential notifies the Company in writing under the circumstances set forth in the last sentence of paragraph 2E 2G or the penultimate sentence of paragraph 2G that the closing of the purchase and sale of such Accepted Note is to be canceled, or if the closing of the purchase and sale of such Accepted Note is not consummated on or prior to the last day of the Issuance Period (the date of any such notification, or the last day of the Issuance Period, as the case may be, being herein called the “"CANCELLATION DATE”"), the Company will pay to Prudential in immediately available funds an amount (the “"CANCELLATION FEE”") calculated as follows:: PI X PA
Appears in 1 contract
Samples: Private Shelf Agreement (Regis Corp)
Cancellation Fee. If the Company at any time notifies Prudential in writing that the Company is canceling the closing of the purchase and sale of any Accepted Note, or if Prudential notifies the Company in writing under the circumstances set forth in the last sentence of paragraph 2E 2A(5) or the penultimate sentence of paragraph 2G 2A(7) that the closing of the purchase and sale of such Accepted Note is to be canceled, or if the closing of the purchase and sale of such Accepted Note is not consummated on or prior to the last day of the Issuance Period (the date of any such notification, notification or the last day of the Issuance Period, as the case may be, being herein called the “CANCELLATION DATECancellation Date”), the Company will pay Prudential to the Purchaser which shall have agreed to purchase such Accepted Note in immediately available funds an amount (the “CANCELLATION FEECancellation Fee”) calculated as follows:
Appears in 1 contract
Samples: Private Shelf Agreement (Tennant Co)
Cancellation Fee. If the Company at any time notifies Prudential in writing that the Company is canceling the closing of the purchase and sale of any Accepted Note, or if Prudential notifies the Company in writing under the circumstances set forth in the last sentence of paragraph 2E 2B(5) or the penultimate sentence of paragraph 2G 2B(7) that the closing of the purchase and sale of such Accepted Note is to be canceled, or if the closing of the purchase and sale of such Accepted Note is not consummated on or prior to the last day of the Issuance Period (the date of any such notification, or the last day of the Issuance Period, as the case may be, being herein called the “CANCELLATION DATECancellation Date”), the Company will pay Prudential to the Purchasers which have agreed to purchase such Accepted Notes in immediately available funds an amount (the “CANCELLATION FEECancellation Fee”) calculated as follows:: where “PI” means Price Increase, i.e., the quotient (expressed in decimals) obtained by dividing
Appears in 1 contract
Samples: Note Purchase and Private Shelf Agreement (Tractor Supply Co /De/)
Cancellation Fee. If the Company at any time notifies Prudential in writing that the Company is canceling the closing of the purchase and sale of any Accepted Note or Series C Note, or if Prudential notifies the Company in writing under the circumstances set forth in the last sentence of paragraph 2E 2B(5) or the penultimate sentence of paragraph 2G 2B(7) that the closing of the purchase and sale of such Accepted Note or Series C Note is to be canceled, or if the closing of the purchase and sale of such Accepted Note or Series C Note is not consummated on or prior to the last day of the Issuance Period (the date of any such notification, or the last day of the Issuance Period, as the case may be, being herein called the “"CANCELLATION DATE”"), the Company will pay to Prudential in immediately available funds an amount (the “"CANCELLATION FEE”") calculated as follows:: PI X PA
Appears in 1 contract
Samples: Senior Promissory Note Agreement (Consolidated Products Inc /In/)
Cancellation Fee. If the Company at any time notifies Prudential in writing that the Company is canceling the closing of the purchase and sale of any Accepted Note, or if Prudential notifies the Company in writing under the circumstances set forth in the last sentence of paragraph 2E or the penultimate sentence of paragraph 2G that the closing of the purchase and sale of such Accepted Note is to be canceled, or if the closing of the purchase and sale of such Accepted Note is not consummated on or prior to the last day of the Issuance Period (the date of any such notification, or the last day of the Issuance Period, as the case may be, being herein called the “CANCELLATION DATE”), the Company will pay Prudential in immediately available funds an amount (the “CANCELLATION FEE”) calculated as follows:herein
Appears in 1 contract
Samples: Private Shelf Notes Agreement (Applied Industrial Technologies Inc)
Cancellation Fee. If the Company at any time notifies Prudential in writing that the Company is canceling the closing of the purchase and sale of any Accepted Note, or if Prudential notifies the Company in writing under the circumstances set forth in the last sentence of paragraph 2E Section 2.2(5) or the penultimate sentence of paragraph 2G Section 2.2(7) that the closing of the purchase and sale of such Accepted Note is to be canceled, or if the closing of the purchase and sale of such Accepted Note is not consummated on or prior to the last day of the Issuance Period (the date of any such notification, notification or the last day of the Issuance Period, as the case may be, being herein called the “"CANCELLATION DATE”"), the Company will pay Prudential to the Purchaser which shall have agreed to purchase such Accepted Note in immediately available funds an amount (the “"CANCELLATION FEE”") calculated as follows:: PI X PA
Appears in 1 contract
Samples: Note Purchase and Private Shelf Agreement (Schawk Inc)