Financing Termination Fee definition
Examples of Financing Termination Fee in a sentence
For the avoidance of doubt, the Company will not be required to pay the Termination Fee more than once or to pay both the Termination Fee and the CPLG Financing Termination Fee.
The Company will return such letter of credit to the Buyer at the earlier of (i) the Effective Time and (ii) upon a termination of this Agreement in accordance with Article IX in a situation where none of the Buyer Breach Fee and/or the Financing Termination Fee are payable by the Buyer, in each case in accordance with Article IX.
For the avoidance of doubt, the Company will not be required to pay the CPLG Financing Termination Fee more than once or to pay both the CPLG Financing Termination Fee and the Termination Fee.
The Financing Termination Fee shall be paid to Great Point within thirty (30) days of the termination of the Merger Agreement in cash or by wire transfer to an account designated by Great Point and shall be conditioned on the receipt by the Company and OvaScience of a customary general release of claims in favor of both parties and all related and affiliated persons.
All disputes as to whether the Financing Termination Fee is payable under Section 6.07(c) shall be finally settled by arbitration in accordance with the then-existing Rules for Commercial Arbitration of the American Arbitration Association within 45 days of submission of the matters in dispute.
Notwithstanding the foregoing, Saturn shall not be required to pay the Termination Fee or the Mercury Expenses to Mercury pursuant to this Section 8.3(e) if this Agreement was terminated pursuant to Section 8.1(b)(ii) and upon such termination, Mercury paid the Financing Termination Fee to Saturn pursuant to Section 8.3(d).
PropCo Purchaser has available cash on hand or other sources of immediately available funds sufficient to pay the PropCo Financing Termination Fee.
The Technical Commission is able to make a decision if at least four (4) commission members participate in the hearing of a case.In the case when the subject matter of the situation examined by Technical Commission may result in fines exceeding 300 EUR, representatives of the involved Clubs shall be invited to the meeting of the Technical Commission.
For the avoidance of doubt, the Company shall not be required to pay more than one Company Termination Fee and Parent shall not be required to pay more than one Financing Termination Fee, even if there is more than one basis upon which such fee would be payable pursuant to this Section 8.3 (Termination Payment).
It is hereby understood that in no event shall Parent be required to pay more than one of the Parent Equity Financing Termination Fee, the Parent Debt Financing Termination Fee or the Antitrust Termination Fee (each, a “Parent Termination Fee”) or pay any Parent Termination Fee on more than one occasion.