Parent Regulatory Termination Fee means an amount in cash equal to $136,000,000; provided that, only if (a) the Parent Regulatory Termination Fee is due and payable pursuant to Section 8.3(b)(ii)(A) or Section 8.3(b)(ii)(B), and a Parent Restructuring Entity is in material breach of Section 6.6, or (b) the Parent Regulatory Termination Fee is due and payable pursuant to Section 8.3(b)(ii)(C), then the Parent Regulatory Termination Fee shall be increased to an amount in cash equal to $272,000,000.
Parent Regulatory Termination Fee shall have the meaning set forth in Section 7.3(c)(ii).
Examples of Parent Regulatory Termination Fee in a sentence
The parties agree and understand that (i) in no event shall the Company be required to pay the Termination Fee on more than one occasion and (ii) in no event shall Parent be required to pay both the Parent Termination Fee and the Parent Regulatory Fee or pay either the Parent Termination Fee or the Parent Regulatory Termination Fee on more than one occasion.
More Definitions of Parent Regulatory Termination Fee
Parent Regulatory Termination Fee has the meaning set forth in Section 11.04(b)(iv).