Fee Event definition

Fee Event means an Event of Default other than the occurrence of the following:

Fee Event shall have the meaning given to such term in the Indenture.

Fee Event means (A) any transaction in which the Company does not, directly or indirectly, immediately after such transaction, retain (solely by virtue of the shares of capital stock or other equity interests held by such holders immediately prior to the transaction) stock or equity interests representing a majority of the voting power of one or more of its subsidiaries (or if a merger, the surviving entity of such transaction), or stock or equity interests representing a majority of the voting power of an entity that wholly owns, directly or indirectly, the surviving entity of such transaction; (B) the sale, transfer or assignment of securities by the Company or its members representing a majority of the voting power of the Company to an acquiring party (or group of related acquiring parties) that is not affiliated with the members of the Company, in a single transaction or series of related transactions; (C) the sale, transfer or assignment of all or substantially all of the assets of the Company or one or more of its subsidiaries to a party not affiliated with the Company prior to such transaction; (D) the acquisition of all or a portion of the voting stock or equity securities of (whether through stock purchase or merger), or all or a portion of the assets of, a company not affiliated with the Company; (E) the issuance of securities of the Company or any subsidiary to the public; (F) the refinancing of any Company Debt Document (as defined below); or (G) any other similar transaction to the foregoing.

Examples of Fee Event in a sentence

• If this Agreement is terminated prior to payment of the Success Fee, Borrower shall, give Bank written notice of the first Success Fee Event to occur thereafter, and pay the Success Fee upon the closing of such Success Fee Event.

• Any prepayment or repayment, whether voluntary or involuntary, of the Term Loans upon the occurrence of any End of Term Fee Event or Premium Event shall be accompanied by all accrued interest on the principal amount prepaid or repaid, together with the End of Term Fee and/or the Applicable Prepayment Premium, as applicable.

• Borrower shall deliver reasonable advance written notice to Bank of a Success Fee Event, and shall pay Bank the Success Fee within five (5) days upon receipt of proceeds upon the consummation of a Success Fee Event.

• Upon the occurrence of a Success Fee Event, (i) a fee of $135,000 if paid on or before June 30, 2021, and (ii) a fee of $275,000 if paid after June 30, 2021 (the “Success Fee”).

• Under no circumstance will the Purchaser or the Company, as applicable, be permitted or entitled to receive both a grant of specific performance and any payment of the Company Termination Fee or Purchaser Termination Fee, as applicable, in connection with termination of this Agreement pursuant to a Company Termination Fee Event or a Purchaser Termination Fee Event, as applicable.

More Definitions of Fee Event

Fee Event has the meaning set out in section 4.1.

Fee Event has the meaning set forth in Section 4.1;

Fee Event means the earlier of (i) the occurrence of any of TriggeringEvents 2, 3, 4 or 5 (under s.21(6) Pension Schemes Act 2017) in relation to the Scheme; or (ii) following any Triggering Event, a decision by the Trustee to pursue continuity option 1 (for the purposes of s.24 Pension Schemes Act 2017).

Fee Event has the meaning set forth in section 3.6;

Fee Event has the meaning set forth in Section 8.03(b).

Fee Event means any of the following events or transactions occurring on or after the date hereof: (i) this Agreement is terminated by CLF pursuant to Section 8.01(e) or by the Company pursuant to Section 8.01(f); (ii) this Agreement is terminated by CLF pursuant to Section 8.01(b) as a result of a willful breach by the Company and, within 12 months after such termination, the Company or any Subsidiary shall have entered into an agreement to engage in a transaction that constitutes an Acquisition Transaction with any Person or the Company Board shall have recommended that the shareholders of the Company approve or accept any Acquisition Transaction; or (iii) this Agreement is terminated by either CLF or the Company pursuant to Section 8.01(c) (provided that no approval or action of a Governmental Authority required to be obtained for the consummation of the Merger shall have been denied by action of such Governmental Authority and such denial did not result from the Company's failure to comply with Section 6.01) or 8.01(d)(ii) after a bona fide Acquisition Proposal shall have been made or any Person shall have publicly announced an intention (whether or not conditional) to make an Acquisition Proposal and, within 12 months thereof, the Company or any Subsidiary shall have entered into an agreement to engage in a transaction that constitutes an Acquisition Transaction with any Person or the Company Board shall have recommended that the shareholders of the Company approve or accept any Acquisition Transaction. For purposes of this Section 8.03(b), the definitions of Acquisition Transaction and Acquisition Proposal shall be deemed to utilize 50% as opposed to 20% and shall only be deemed to refer to a transaction involving the Company or the Company Lead Insurance Subsidiary, or with respect to assets (including the shares of any Subsidiary), the Company and its Subsidiaries, taken as a whole.

Fee Event means the earlier of (i) the occurrence of any of Triggering