Company Termination Payment definition

Company Termination Payment means an amount equal to $29,000,000;

Company Termination Payment has the meaning ascribed thereto in Section 9.5.

Company Termination Payment means an amount equal to $278,000,000; provided, however, that the Company Termination Payment shall be $139,000,000 in the event this Agreement is terminated by the Company pursuant to Section 9.1(c)(ii) prior to the Cut-Off Time in order to enter into a definitive agreement with an Excluded Party providing for the implementation of a Superior Proposal.

Examples of Company Termination Payment in a sentence

• Owner may not seek recovery under this Section 14.5 if it has been paid the Distribution Company Termination Payment.

• In no event shall more than one Company Termination Payment by the Company be payable.

• If after the payment of the Reimbursement Amount, the events set forth in Section 7.03(a)(ii) occur, the Company shall pay an amount equal to the difference between the Company Termination Payment and the Reimbursement Amount to the Parent in the manner provided for in the last paragraph of Section 7.03(a).

• The Company has sufficient immediately available funds (through existing credit arrangements or otherwise) to pay when due the aggregate of all of its fees and expenses related to the transactions contemplated by this Agreement, including, without limitation, the Company Termination Payment.

• Any dispute by either Party of the Company Termination Payment or the Reinsurer Termination Payment shall be resolved in accordance with Section 10.3.

More Definitions of Company Termination Payment

Company Termination Payment means $40,700,000.

Company Termination Payment has the meaning ascribed thereto in Section 7.3(b); “Company Termination Payment Event” has the meaning ascribed thereto in Section 7.3(c); “Competition Act” means the Competition Act (Canada) and the regulations enacted thereunder;

Company Termination Payment means $60,000,000;

Company Termination Payment means $81,060,000.

Company Termination Payment means U.S. $320 million, less the amount, if any, paid or payable by the Company to the Offeror as a Company Expense Payment;

Company Termination Payment means (i) if payable in connection with a termination of this Agreement by (x) the Company pursuant to Section 7.1(c)(ii) with respect to the Company entering into an Alternative Acquisition Agreement with a Person or group that is an Excluded Party at the time of such termination; (y) Parent pursuant to Section 7.1(d)(ii) and the event giving rise to such termination is the submission of an Acquisition Proposal by a Person or group that is an Excluded Party at the time of such termination; or (z) by the Company or Parent pursuant to Section 7.1(b)(iii) , and within twelve months of such termination the Company shall have entered into a definitive agreement with respect to any recapitalization, or any extraordinary dividend or share repurchase, or a recapitalization, or an extraordinary dividend or share repurchase, is consummated that, together with any related transactions, would not result in any Person or group beneficially owning 50% or more of any class of equity securities of the Company then, in the case of each clause (x), (y) or (z) of this definition,

Company Termination Payment means U.S.$2.5 million;