Payment by the Company. The Company will promptly pay to Parent, but in no event later than two (2) business days after the date of such termination, a fee equal to twenty-one million dollars ($21,000,000) in immediately available funds (the "Termination Fee") in the event that this Agreement is terminated by Parent pursuant to Section 10.1(d) or 10.1(j).
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Crystal Decisions Inc), Agreement and Plan of Merger (Business Objects Sa)
Payment by the Company. The In the event that this Agreement is terminated by Parent or the Company, as applicable, pursuant to Section 7.1(d) or (g) the Company will promptly pay to Parentshall promptly, but (except as set forth in Section 7.1(g)) in no event later than two (2) business days after the date of such termination, pay Parent a fee equal to twenty-one $25 million dollars ($21,000,000) in immediately available funds (the "Termination Fee") in the event that this Agreement is terminated by Parent pursuant to Section 10.1(d) or 10.1(j)funds.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Automatic Data Processing Inc), Agreement and Plan of Merger (Probusiness Services Inc)
Payment by the Company. The (1) In the event that this Agreement is terminated by Parent pursuant Section 7.1(g), the Company will promptly shall be obligated to pay to ParentParent a fee equal to One Million Dollars ($1,000,000) in immediately available funds. The payment contemplated by this Section 7.3(b)(i)(1) shall be paid promptly, but in no event later than two (2) business days after the date of such termination, a fee equal to twenty-one million dollars ($21,000,000) in immediately available funds (the "Termination Fee") in the event that this Agreement is terminated by Parent pursuant to Section 10.1(d) or 10.1(j).
Appears in 1 contract
Samples: Agreement and Plan of Merger (Green Plains Renewable Energy, Inc.)
