Go Shop Termination Payment definition

Go Shop Termination Payment means $4,170,000.
Go Shop Termination Payment means $2,660,000.
Go Shop Termination Payment means $8,694,218.

Examples of Go Shop Termination Payment in a sentence

  • Upon payment of 49 the Go Shop Termination Payment or the Company Termination Payment, none of the Company, any of its Subsidiaries or any of the other Company Related Parties shall have any further liability or obligation relating to or arising out of this Agreement or the Transactions.

  • In the event the Payment Notice is not sent by 00:01 on November 4th, 2020, then Laureate shall pay the Go Shop Termination Payment to Sapphire by means of wire transfer of immediately available funds to Sapphire’s Brazilian account Xx. 00000-0, Xx. 0000, xx Xxxx Unibanco S.A., such payment being completed by 00:01 on November 5th, 2020.

  • Sapphire shall inform in writing to which account the Go Shop Termination Payment should be paid, it being agreed that Sapphire shall be authorized to determine that such payment be made on its behalf to any other Person (“Payment Notice”).

  • By means of this Agreement, Athena acknowledges that the Go Shop Termination Payment is irrevocably and irreversibly owed to Sapphire.

  • Laureate shall then perform the Go Shop Termination Payment to the account and beneficiary informed by Sapphire through the Payment Notice, such payment being made before the end of the immediately subsequent Business Day following the receipt of the Payment Notice.


More Definitions of Go Shop Termination Payment

Go Shop Termination Payment means a cash amount equal to $15,850,000. As used herein, “Company Termination Payment” shall mean a cash amount equal to $31,700,000. Additionally, in the event of the occurrence of the circumstances described in clause (i) or (ii) of this Section 8.2(b), in addition to the Go Shop Termination Payment or the Company Termination Payment, as applicable, concurrently with the payment of the Go Shop Termination Payment or Company Termination Payment, as applicable, the Company shall also pay (or cause to be paid) to the Advisor (or its assignee), subject to Section 5.7 hereof, any amounts required to be paid to the Advisor (or its assignee) pursuant to Section 11 of the Advisory Agreement. For the avoidance of doubt, in the event that this Agreement is terminated pursuant to Section 8.1 in connection with a Competing Proposal, the Company and the Company Operating Partnership shall continue to indemnify and hold harmless the Advisor and its Affiliates, as well as their respective officers, directors, members, partners, stockholders, other equityholders and employees pursuant to Article 23 of the Advisory Agreement in connection with such Competing Proposal.

Related to Go Shop Termination Payment

  • Lease Termination Payments means all payments received by or on behalf of any Seller with respect to a Lease with respect to any terminations, surrenders, modifications, renewals or amendments of any such Lease.

  • Swap Termination Payment Upon the designation of an “Early Termination Date” as defined in the Swap Agreement, the payment to be made by the Swap Administrator to the Swap Provider from payments from the Trust Fund, or by the Swap Provider to the Swap Administrator for payment to the Trust Fund, as applicable, pursuant to the terms of the Swap Agreement.

  • Termination Payment Date means the date on which the RECIPIENT is required to repay to ECOLOGY any outstanding balance of the loan and all accrued interest.

  • Termination Payment has the meaning set forth in Section 6.03.

  • Estimated Swap Termination Payment means, with respect to an Early Termination Date, an amount determined by Party A in good faith and in a commercially reasonable manner as the maximum payment that could be owed by Party B to Party A in respect of such Early Termination Date pursuant to Section 6(e) of the ISDA Master Agreement, taking into account then current market conditions.

  • Early Termination Payment is defined in Section 4.3(b) of this Agreement.

  • Termination Payments has the meaning specified in Section 10(a).

  • Separation Payment means any lump sum cash payment in excess of Earned Salary and Accrued Obligations payable to Employee under this Agreement.

  • Company Termination Fee has the meaning set forth in Section 7.3(a).

  • Severance Amount means (A) for any Termination other than during a Covered Period, an amount equal to one hundred percent (100%) of Executive’s then-current Annual Base Salary as of the respective Termination; or (B) for a Termination during a Covered Period, an amount equal to two hundred percent (200%) of Executive’s Base Compensation as of the respective Termination.

  • Compensation Accrued at Termination means the following:

  • Outside Termination Date shall have the meaning set forth in Section 8.01(f).

  • Qualifying Termination means a termination of the Executive’s employment either (i) by a Company Group member without Cause (excluding by reason of Executive’s death or Disability) or (ii) by the Executive for Good Reason, in either case, during the Change in Control Period (a “Qualifying CIC Termination”) or outside of the Change in Control Period (a “Qualifying Non-CIC Termination”).

  • Agreement Termination Date is defined in Section 7.4.

  • Termination Benefits means the benefits described in Section 4.1(b).

  • CIC Qualifying Termination means, in each case, on or within twenty-four (24) months following a Change in Control, (i) a termination of the Executive’s employment by the Company without Cause, (ii) a termination of the Executive’s employment by reason of death or Disability, or (iii) a termination of the Executive’s employment by the Executive for Good Reason.

  • Escrow Termination Date has the meaning ascribed to such term in Section 9.12.

  • Parent Termination Fee has the meaning set forth in Section 7.3(b).

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

  • Change in Control Severance Benefits means the benefits payable pursuant to Section 3 of this Agreement.

  • Early Termination Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, these Conditions or the relevant Final Terms;

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Post-Termination Period means a period of 12 months (subject to extension as set forth in Section 8(f)) following the effective date of the termination of Executive’s employment.

  • Reverse Termination Fee shall have the meaning set forth in Section 9.2(b).

  • Sponsor Termination Fees means the one-time payment under the Sponsor Management Agreement of a termination fee to one or more of the Sponsors in the event of either a Change of Control or the completion of a Qualifying IPO.

  • Accrual Termination Date Not applicable.