Payment of the Success Fee. Notwithstanding anything to the contrary herein, payment of the Success Fee shall be conditional upon the closing of the transactions contemplated by the Business Combination Agreement to be concluded by and among the SPAC, FCB, BP, as defined by such Business Combination Agreement (the “Closing”). Payment of the Success Fee shall be made by the SPAC or the parent company of which any shareholders of the SPAC or BP will be shareholders as of the Closing (the “Combined Entity”) to Purchaser within ten (10) Business Days following the Closing by wire transfer of immediately available funds to an account to be designated by Purchaser.
Appears in 4 contracts
Samples: Shares Sale and Purchase Agreement (Mountain & Co. I Acquisition Corp.), Agreement (Mountain & Co. I Acquisition Corp.), Agreement (Mountain & Co. I Acquisition Corp.)
