Parent Payments. (i) In the event that this Agreement is terminated by the Company pursuant to Section 8.1(c), Parent shall pay to the Company $22,800,000 (the “Reverse Termination Fee”) by wire transfer of immediately available funds to an account or accounts designated in writing by the Company, within seven (7) Business Days after demand by the Company.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Cohu Inc), Agreement and Plan of Merger (Xcerra Corp)
Parent Payments. (i) In the event that this Agreement is terminated by the Company pursuant to Section 8.1(c8.1(g), Parent shall pay to the Company an amount equal to $22,800,000 21,341,752 (the “Reverse Termination Fee”) by wire transfer of immediately available funds to an account or accounts designated in writing by the Company, within seven two (72) Business Days after demand by the Company.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Cypress Semiconductor Corp /De/)
Parent Payments. (i) In the event that If this Agreement is validly terminated by the Company pursuant to Section 8.1(c8.1(g) or Section 8.1(i), then, in each case, Parent shall pay promptly (and in any event within two (2) Business Days following such termination) pay, or cause to be paid, to the Company an amount equal to $22,800,000 109,940,000 (the “Reverse Parent Termination Fee”) by wire transfer of immediately available funds to an account or accounts designated in writing by the Company, within seven (7) Business Days after demand by the Company.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Electronics for Imaging Inc)
