Regulatory Termination Fee definition

Regulatory Termination Fee has the meaning specified in Section 10.02(b).

Regulatory Termination Fee means an amount in cash equal to $125,000,000.

Regulatory Termination Fee has the meaning ascribed thereto in Section 7.3(3) .

Examples of Regulatory Termination Fee in a sentence

• In no event shall Parent be required to pay (I) the Parent Termination Fee on more than one occasion or (II) both the Parent Termination Fee and the Parent Regulatory Termination Fee.

• In no event shall Parent be required to pay the Regulatory Termination Fee on more than one occasion.

• Parent and the Company agree: (i) to treat, for Canadian federal income Tax purposes, the payment of the Regulatory Termination Fee and/or the Parent Termination Fee and any Company Additional Amounts as being proceeds of disposition for the disposition by the Company of property consisting of its rights under this Agreement, and (ii) not to take any position inconsistent with such treatment, in each case, except to the extent otherwise required by applicable Law.

• Each party further acknowledges that the Regulatory Termination Fee is not a penalty, but rather is a reasonable amount that will compensate the receiving party in the circumstances in which such payment is payable for the efforts and resources expended and opportunities forgone while negotiating this Agreement and in reliance on this Agreement and on the expectation of the consummation of the Transactions contemplated hereby, which amounts would otherwise be impossible to calculate with precision.

• The parties acknowledge and agree that any payment of the Regulatory Termination Fee pursuant to Section 10.02 is not a penalty but is liquidated damages in a reasonable amount that will compensate Seller in the circumstances in which such fee is payable for the efforts and resources expended and the opportunities foregone while negotiating this Agreement and in reliance on this Agreement and on the expectation of the consummation of the transactions contemplated hereby.

More Definitions of Regulatory Termination Fee

Regulatory Termination Fee means an amount in cash equal to one billion dollars ($1,000,000,000).

Regulatory Termination Fee means $106,000,000.

Regulatory Termination Fee means an amount in cash equal to $162,500,000. “Release” means any spilling, leaking, pumping, pouring, emitting, emptying,discharging, injecting, escaping, leaching, dumping or disposing, or arranging for disposal, into the indoor or outdoor environment.

Regulatory Termination Fee has the meaning set forth in Section 7.2(b).

Regulatory Termination Fee means an amount equal to $68,000,000.

Regulatory Termination Fee means a cash amount equal to $15,800,000 inclusive of any irrecoverable VAT chargeable thereon. Without prejudice to, or limitation of, the Company’s rights with respect to claims of fraud or claims of knowing material breach of any representation and warranty contained in this Agreement or any deliberate material breach of any covenants or agreements contained in this Agreement, the parties agree that payment of the Regulatory Termination Fee is compensation for the cost, resource and opportunity to be committed by the Company in connection with the Transactions, and from and after such termination and payment of the Regulatory Termination Fee as described in this Section 8.2(d), Parent and Merger Sub shall have no further liability of any kind for any reason in connection with this Agreement or the termination contemplated hereby other than as provided under this Section 8.2(d), Section ‎8.2(f) and Section 8.2(g).

Regulatory Termination Fee means CDN$75 million, plus an additional CDN$2.5 million if the Purchaser exercises its rights to extend the Outside Date past September 30, 2021.