Buyer Termination Fee definition

Buyer Termination Fee has the meaning set forth in Section 7.3(a).

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Buyer Termination Fee has the meaning set forth in Section 8.2(c).

Buyer Termination Fee means One Hundred Twenty Million Dollars ($120,000,000.00).

Examples of Buyer Termination Fee in a sentence

In the event the Closing does not occur due to the failure of Buyer to perform and not due to a failure of Buyer's shareholders to approve the transactions described herein, Buyer shall make a one-time payment to Company within ten (10) days of receiving written notice from Company of Company's demand, in the amount of $50,000 plus all of Company's reasonable out-of-pocket costs demonstrable to Buyer ("Buyer Termination Fee") .
Except as expressly amended pursuant to Section 1 hereof, the remaining provisions of the Agreement shall remain in full force and effect in accordance with their terms, including without limitation the provisions of Section 10.3 relating to the Buyer Termination Fee.
The parties acknowledge and hereby agree that in no event shall Buyer be required to pay the Buyer Termination Fee on more than one occasion.
In no event shall Buyer be required to pay the Buyer Termination Fee or Partial Buyer Termination Fee on more than one occasion, and in no event shall Buyer be required to pay both the Buyer Termination Fee and Partial Buyer Termination Fee.
Accordingly, if Buyer fails to promptly pay the amounts due to Seller pursuant to this Section 9.06, and, in order to obtain such payment, Seller commences a suit that results in a judgment against Buyer for all or a portion of the Buyer Termination Fee, Buyer shall pay to Seller or its designees interest on the amount of the Buyer Termination Fee from the date such payment was required to be made until the date such payment is received at a rate equal to seven percent (7%) per annum.

More Definitions of Buyer Termination Fee

Buyer Termination Fee as defined in Section 10.2(b).

Buyer Termination Fee is defined in Section 8.2.

Buyer Termination Fee means Twenty Million Dollars ($20,000,000), minus if paid pursuant to the Consulting Agreement, the amount of the First Extension Fee.

Buyer Termination Fee means $500,000.

Buyer Termination Fee means $2,200,000.

Buyer Termination Fee means an amount in cash equal to the sum of $1,000,000 and the Buyer Expenses.

Buyer Termination Fee means Five Hundred Thousand Dollars ($500,000.00).