Initial Termination Fee definition

Initial Termination Fee has the meaning set forth in Section 8.02.
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Initial Termination Fee means an amount equal to the average Commission per day based upon the six (6) month period (or actual completed months, if less than six) immediately preceding the date written Notice of Termination, multiplied by the number of days between (a) the termination date and (b) the date that is six (6) months after Representative receives Notice of Termination.
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Initial Termination Fee means Four Million Five Hundred Thousand Dollars ($4,500,000).
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Examples of Initial Termination Fee in a sentence

  • In the event of such termination, the Company shall wire the Initial Termination Fee via immediately available funds to such account or accounts as shall be designated in writing by the Buyer and within two (2) Business Days the Buyer and the Stockholder Representative shall jointly instruct the Escrow Agent to release the Escrow Deposit and all interest and earnings thereon shall be disbursed to Buyer.

  • The Initial Termination Fee shall be payable in immediately available funds by wire transfer no later than ten Business Days after such termination.

  • If Parent terminates this Agreement pursuant to Section 8.01(b)(i), the parties agree that Parent shall have suffered a loss and value of an incalculable nature and amount, unrecoverable in Law, and Company Member shall pay to Parent a fee of $10.0 million (the “Initial Termination Fee”), it being understood that in no event shall Company Member be required to pay the Initial Termination Fee on more than one occasion.

  • In the case of termination of this Agreement by the Company pursuant to Section 8.1(b), the Initial Termination Fee, if it shall have become payable, shall be paid by the Company prior to such termination, and in the case of termination of this Agreement by Parent pursuant to Section 8.1(b), the Initial Termination Fee, if it shall have become payable, shall be paid by the Company within two business days after such termination.

  • The Initial Termination Fee shall be payable no later than two (2) Business Days after the date on which this Agreement is terminated by Buyer pursuant to Section 9.1(e) and immediately prior to the time of and as a condition to termination by Parent and Seller pursuant to Section 9.1(f).

  • In the case of termination of this Agreement by the Company pursuant to Section 8.1(d), the Initial Termination Fee, if it shall have become payable, shall be paid by the Company prior to such termination, and in the case of termination of this Agreement by Parent pursuant to Section 8.1(d), the Initial Termination Fee, if it shall become payable, shall be paid by the Company within two business days after such termination.

  • Flexible permit alterations shall not be subject to the requirements of Best Available Control Technology identified in §116.711(3) of this title.(c) Changes not requiring an amendment or alteration.


More Definitions of Initial Termination Fee

Initial Termination Fee shall have the meaning set forth in Section 8.1(b).
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Initial Termination Fee means $450,000 in cash.
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Initial Termination Fee shall have the meaning as set forth in Section 9.2(b) of the Agreement.
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Initial Termination Fee. A fee set forth in Section 7.1 of this Agreement.
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Initial Termination Fee has the meaning specified in Section 7.3(a).
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Initial Termination Fee has the meaning set forth in Section 7.2(b)(i).
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Related to Initial Termination Fee

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

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

  • Reverse Termination Fee has the meaning set forth in Section 7.02(b).

  • Termination Fee has the meaning set forth in Section 7.02(a).

  • Initial Termination Date has the meaning set forth in Section 8.2(a).

  • Early Termination Fee has the meaning set forth in Section 7.2.

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

  • Termination Fee Event has the meaning ascribed thereto in Section 5.2(a);

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Special Termination Notice means the Notice of Special Termination substantially in the form of Annex VII to this Agreement.

  • Renewal Fee means the fee that Borrower must pay Coast upon renewal of this Agreement pursuant to Section 9.1 hereof, in the amount set forth on the Schedule.

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

  • Agreement Termination Date is defined in Section 7.4.

  • Accretion Termination Date As defined in the Series Supplement.

  • Partial Termination has the meaning set forth in the Section 6.3(a).

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.

  • Commitment Termination Date means the earliest to occur of (a) the Maturity Date, (b) the date the Commitments are permanently reduced to zero pursuant to Section 2.8, and (c) the date of the termination of the Commitments pursuant to Article VIII.

  • Scheduled Commitment Termination Date means, unless otherwise extended pursuant to and in accordance with Section 2.14, the Payment Date occurring in May 2024.

  • Premium Termination Date With respect to the Series A Certificates, the scheduled maturity date of the Series A Certificates, with respect to the Series B Certificates, the scheduled maturity date of the Series B Certificates and with respect to the Series C Certificates, the scheduled maturity date of the Series C Certificates.

  • Additional Termination Event has the meaning specified in Section 5(b).

  • 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.

  • Initial Term has the meaning set forth in Section 7.1.

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

  • Normal Termination means termination of employment or service with the Company and Affiliates:

  • 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;

  • Termination Base Salary means that amount equal to Executive’s annual base salary with the Company at the rate in effect immediately prior to the Change of Control or, if a greater amount, Executive’s annual base salary at the rate in effect at any time thereafter.