Examples of Financing Termination Fee in a sentence
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.
Buyer has delivered to Seller an executed capital call agreement, dated on or prior to the date hereof, from Fortress Transportation and Infrastructure Investors LLC, a Delaware limited liability company (the “ Sponsor”), in favor of Seller (the “Limited Guaranty”), pursuant to which the Sponsor is guaranteeing the obligation of Buyer to pay the Regulatory Termination Fee pursuant to Section 10.02(b) or the Financing Termination Fee pursuant to Section 10.02(c).
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.
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.
The parties hereto acknowledge and agree that in no event shall Parent be required to pay the Financing Termination Fee on more than one occasion.
Buyer has delivered to Seller an executed capital call agreement, dated on or prior to the date hereof, from Fortress Transportation and Infrastructure Investors LLC, a Delaware limited liability company (the “ Sponsor”), in favor of Seller (the “Limited Guaranty”), pursuant to which the Sponsor is guaranteeing the obligation of Buyer to pay the Regulatory Termination Fee pursuant to S ection 10.02(b) or the Financing Termination Fee pursuant to S ection 10.02(c).
In addition, the Arrangement Agreement specifies that, notwithstanding any other provision therein relating to the payment of fees and expenses, in the event the Arrangement Agreement is terminated by the Parent or the Purchaser pursuant to Item 4(c) under "Termination of Arrangement Agreement" above (Purchaser Financing), the Purchaser shall pay the Company a termination fee (the "Financing Termination Fee") in the amount of $7.5 million.
It still remains controver- sial whether the pseudogap is caused by true long-range order or a precursor phenomenon as mentioned above.
Parent shall have no obligation to make any payment pursuant to this Section 7.3(b)(iv) if Parent shall have paid the Parent Financing Termination Fee pursuant to Section 7.3(b)(iii).
The parties acknowledge that the right of a party to receive the Company Termination Fee or the Parent Financing Termination Fee, as applicable, shall not limit or otherwise affect such party’s right to specific performance as provided in Section 7.5.