Examples of Reverse Break Fee in a sentence
For the avoidance of doubt, this clause 18.6 does not apply to adjust the Break Fee or the Reverse Break Fee.
For situations where use of minimal device real estate is important, a second passive breakup technique consisting of an obstacle placed in the channel has been developed to break a predetermined fraction of the droplets.== ×In our experiments, we disperse droplets of water in a continuous phase of hexadecane.
If the Break Fee or Reverse Break Fee becomes payable under this agreement, the Company, the Acquirer or Mercury (as applicable) must pay it to or as directed by the recipient party without withholding or set-off within 15 Business Days after receipt of a written demand for payment from the recipient party.
Target has terminated this deed under clause13.2(b) as a result of a Bidder Material Adverse Change occurring and that Bidder Material Adverse Change arose directly as a result of an action or inaction of Bidder,and the Scheme has not become Effective prior to the date of termination.(b) For the avoidance of doubt, no Reverse Break Fee is payable under this clause 12.3 if the Target Shareholders do not approve the Scheme at the Scheme Meeting.
The parties must not request ASIC to review, or make or cause or permit to be made any application to the Court or the Takeovers Panel in respect of, the Reverse Break Fee Arrangements.