Parent Termination Payment definition

Parent Termination Payment means (i) if payable in connection with a termination of this Agreement by the Company or Ultimate Parent pursuant to Section 9.1(d)(iii), an amount equal to $245,000,000 and (ii) if payable in any other circumstance, an amount equal to $280,000,000.

Parent Termination Payment means $42,500,000.

Parent Termination Payment means the Company Expense Amount or the Parent Termination Fee, as the context may require.

Examples of Parent Termination Payment in a sentence

• Also for the avoidance of doubt, while the Company may pursue both a grant of specific performance in accordance with this Section 10.5(f) and payment of the Parent Termination Payment or other monetary damages, as applicable, under no circumstances shall the Company be permitted or entitled to receive both a grant of specific performance requiring consummation of the Merger and the other Transactions and any such payment.

• The parties acknowledge and agree that in no event will Parent be required to pay the Parent Termination Payment on more than one occasion.

• The Parties acknowledge and hereby agree that in no event shall the Company be required to pay the Company Termination Payment on more than one occasion nor Parent be required to pay the Parent Termination Payment on more than one occasion.

More Definitions of Parent Termination Payment

Parent Termination Payment means $100,000,000;

Parent Termination Payment means a cash amount equal to $153,000,000 (one hundred fifty-three million dollars); or

Parent Termination Payment means an amount equal to $832,000,000.

Parent Termination Payment means U.S.$2.0 million;

Parent Termination Payment. Section 8.2(c)(i)

Parent Termination Payment has the meaning set forth in the Merger Agreement, but without any reduction thereto for the Parent Expense Amount previously paid by the Company to Parent.

Parent Termination Payment means $75,000,000 less the amount, if any, of the Parent Expense Amount previously paid by the Company to Parent.