Break Fees definition
Examples of Break Fees in a sentence
Modification of Terms Wildwood Childcare Center shall be entitled to change any of the terms in this contract, including but not limited to fees, by providing the parents/guardians with 30 days advance written notice of such changes.Afterschool Break Fees At any point during the year that schools take a week (or more) long break, the parents are required to pay the full fee for their child(ren).
Dechert LLP, DAMITT Q1 2019: New Insights on Reverse Break Fees in U.S. and Pull- and-Refiles in EU; Government Shutdown Impacts Q1 Results in U.S. (Apr.
If Parent receives any termination fee, liquidated damages or similar fee, or expense reimbursement, in each case to which Parent is or may be entitled under the Merger Agreement (any such fee or expense reimbursement, a “Break Fee”), Parent shall pay to Purchaser promptly (and in any event within two (2) Business Days after receiving any such Break Fee) an amount equal to 20% (the “Purchaser Fee Percentage”) of the aggregate of all such Break Fees (such amount, the “Purchaser Fee”).
As no Break Fees are being applied, any remaining Contract Term of the Off-Net (ADSL1 or ADSL2+) Broadband Service will apply to the Naked DSL Service.
IMPORTANT: If you enter into this Contract, and decide not to attend Morehead State University (“University”) or decide not to be a Resident in Student Housing, then you are responsible for terminating this Contract and paying the applicable Contract Break Fee(s).
Subject to Section 15.04 and the payment schedule set forth in this Section, Customer shall pay such Unrecovered Amortized Expenses and Break Fees, as applicable, in accordance with Article 15.
If the Successor Agency requests the Purchaser extend the Rate Lock Expiration Date, and if the Rate Lock Expiration Date is so extended by the Purchaser, in its sole discretion, the Successor Agency agrees to pay Purchaser, upon demand, any Break Fees applicable to any extension of the Rate Lock Expiration Date.
In no event shall Parent be required to pay to Purchaser any portion of the aggregate Break Fees in excess of the amount of the Purchaser Fee.
If you fail to return the rental Hardware, you will be charged a non- return fee in accordance with the Contract Break Fees section of the Pricing Schedule.
In transactions funded by significant acquisition debt financing, private equity buyers often nego- tiate the right to terminate the acquisition agree-ment if adequate debt financing is not secured by a specified date in exchange for payment of a reverse termination fee (see 6.6 Break Fees).