Change of Control Fee definition

Change of Control Fee shall have the meaning assigned thereto in the Side Letter.
Change of Control Fee means a fee equal to 1% of the principal amount of the Loans prepaid pursuant to the Change of Control Offer.
Change of Control Fee shall be determined as follows: As of the date of the Discontinuation Notice the parties shall determine (i) the [***], and (ii) the [***]. The Change of Control Fee shall be calculated by subtracting [***] from [***] and multiplying [***].

Examples of Change of Control Fee in a sentence

  • Such Change of Control Fee or prepayment fee, as applicable, shall be fully earned and due and payable in full upon the occurrence of a Change of Control and shall not be refundable in whole or in part.

  • For the avoidance of doubt, but subject to the payment of the Change of Control Fee set forth in the Change of Control Fee Letter, in the event of a Public Offering, this Warrant shall be deemed to have been exercised immediately prior to the effectiveness of any Registration Statement.

  • Upon a Change of Control, the Company shall pay, on or prior to the consummation of the Change of Control, the Change of Control Fee set forth in (and as defined in) the Change of Control Fee Letter.

  • For the avoidance of doubt, but subject to the payment of the Change of Control Fee as set forth in Section 3(d), if the Net Issuance Right is exercised in connection with and contingent upon a Public Offering, this Warrant shall be deemed to have been exercised immediately prior to the effectiveness of the Registration Statement.

  • The right to purchase Common Stock upon exercise hereof is exercisable at any time and from time to time from the Warrant Date until the earliest to occur of: (a) the tenth anniversary of the Warrant Date, or (b) a Change of Control, subject to the payment of the Change of Control Fee set forth in the Change of Control Fee Letter.


More Definitions of Change of Control Fee

Change of Control Fee means: [***].
Change of Control Fee shall have the meaning set forth in the FLY Management Agreement.
Change of Control Fee has the meaning given in Section 4.2.
Change of Control Fee means an amount equal to the product of (i) 4 multiplied by (ii) the Subject Fees.
Change of Control Fee means an amount equal to (i) $15,000,000; plus (ii) (x) the Subject Multiple multiplied by (y) the Subject Fees.
Change of Control Fee means the amount equivalent to two (2) times the sum of the Licence Fee payable for the year in which the Change of Control takes place.
Change of Control Fee means a fee equal to 1.00% of the principal amount of the Bridge Loans prepaid pursuant to the Change of Control Offer.