Common use of Parent Expenses Clause in Contracts

Parent Expenses. Parent and the Company agree that if this Agreement is terminated pursuant to Section 7.1.4, Section 7.1.5, Section 7.1.6 or Section 7.1.7, then the Company shall pay Parent an amount equal to the sum of Parent’s Expenses in an amount not to exceed $1,000,000.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Arthrocare Corp), Agreement and Plan of Merger (Arthrocare Corp), Agreement and Plan of Merger (Medical Device Alliance Inc)

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Parent Expenses. Parent and the Company agree that if this Agreement is terminated pursuant to Section 7.1.4, Section 7.1.5, Section 7.1.6 or Section 7.1.7Sections 8.1(f), then the Company shall pay Parent an amount equal to the sum of Parent’s 's Expenses in up to an amount not equal to exceed $1,000,00015 million.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Immunex Corp /De/), Agreement and Plan of Merger (Amgen Inc)

Parent Expenses. Parent and the Company agree that if this Agreement is terminated pursuant to Section 7.1.4, Section 7.1.5, Section 7.1.6 Sections 8.1(f)(ii)(A) as a result of an intentional or Section 7.1.7willful breach by the Company, then the Company shall pay Parent an amount equal to the sum of Parent’s Expenses in up to an amount not equal to exceed $1,000,00010.0 million.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Tularik Inc), Agreement and Plan of Merger (Amgen Inc)

Parent Expenses. Parent and the Company agree that if this Agreement is terminated pursuant to Section 7.1.4, Section 7.1.5, Section 7.1.6 or Section 7.1.78.1(f), then the Company shall pay Parent an amount equal to the sum of Parent’s Expenses in up to an amount not equal to exceed $1,000,0001 million; provided, however, that no amount shall be paid pursuant to this Section 8.2(b) if an amount is paid pursuant to Section 8.2(e).

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Integrated Circuit Systems Inc), Agreement and Plan of Merger (Integrated Device Technology Inc)

Parent Expenses. Parent and the Company agree that if this Agreement is terminated pursuant to Section 7.1.4, Section 7.1.5, Section 7.1.6 or Section 7.1.7, then the Company shall pay Parent an amount equal to the sum of Parent’s 's Expenses in up to an amount not equal to exceed $1,000,000150,000.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Electronics for Imaging Inc), Agreement and Plan of Merger (T/R Systems Inc)

Parent Expenses. Parent and the Company agree that if this Agreement is terminated pursuant to Section 7.1.4, Section 7.1.5, Section 7.1.6 or Section 7.1.78.1(f), then the Company shall pay Parent an amount equal to the sum of Parent’s 's Expenses in up to an amount not equal to exceed $1,000,000750,000; provided, that no amount shall be paid pursuant to this Section 8.2(b) if an amount is paid pursuant to Section 8.2(e).

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Variagenics Inc), Agreement and Plan of Merger (Hyseq Inc)

Parent Expenses. Parent and the Company agree that if this Agreement is terminated pursuant to Section 7.1.4, 7.1.4 or Section 7.1.5, Section 7.1.6 or Section 7.1.7, then the Company shall pay Parent an amount equal to the sum of Parent’s Expenses in an amount not $1.5 million to exceed $1,000,000cover Parent Expenses.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Harrahs Entertainment Inc), Agreement and Plan of Merger (JCC Holding Co)

Parent Expenses. Parent and the Company agree that if this Agreement is terminated pursuant to Section 7.1.4, Section 7.1.5, Section 7.1.6 7.1.4(A) or Section 7.1.7, then the Company shall pay Parent an amount equal to the sum of Parent’s Expenses in up to an amount not equal to exceed $1,000,000300,000.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (DG FastChannel, Inc), Agreement and Plan of Merger (Enliven Marketing Technologies Corp)

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Parent Expenses. Parent and the Company agree that if this Agreement is terminated pursuant to Section 7.1.4, Section 7.1.5, Section 7.1.6 or Section 7.1.7, then the Company shall pay Parent an amount equal to the sum of Parent’s 's Expenses in up to an amount not equal to exceed $1,000,000.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Digital Generation Systems Inc)

Parent Expenses. Parent and the Company agree that if If (A) this Agreement is terminated pursuant to Section 7.1.4, Section 7.1.5, Section 7.1.6 8.1(d) or Section 7.1.78.1(g), or (B) Parent is entitled to the Company Termination Fee pursuant to Section 8.2(e), then the Company shall pay Parent an amount equal to the sum of Parent’s Expenses in an amount not up to exceed $1,000,0006,000,000.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Cooper Companies Inc)

Parent Expenses. Parent and the Company agree that if this Agreement is terminated pursuant to Section 7.1.4, Section 7.1.5, Section 7.1.6 or Section 7.1.7, then the Company shall pay Parent an amount equal to the sum of Parent’s 's Expenses in up to an amount not equal to exceed $1,000,0001,250,000.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Intuitive Surgical Inc)

Parent Expenses. Parent and the Company agree that if this Agreement is terminated pursuant to Section 7.1.4, Section 7.1.5, Section 7.1.6 or Section 7.1.7, then the Company shall pay Parent an amount equal to the sum of Parent’s Expenses in up to an amount not equal to exceed $1,000,0001,750,000.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Cmgi Inc)

Parent Expenses. Parent and the Company agree that if If (A) this Agreement is terminated pursuant to Section 7.1.4, Section 7.1.5, Section 7.1.6 8.1(d) or Section 7.1.78.1(g), or (B) Parent is entitled to the Company Termination Fee pursuant to Section 8.2(e), then the Company shall pay Parent an amount equal to the sum of Parent’s 's Expenses in an amount not up to exceed $1,000,0006,000,000.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Ocular Sciences Inc /De/)

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