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.
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.
Subject to clause 8.6, Bidder must pay APD the Reverse Break Fee, without set-off or withholding and within 10 Business Days after receipt of a written demand from APD, if APD terminates this deed in accordance with clause 11.1(b).
For the avoidance of doubt, this clause 19.6 does not apply to adjust the Break Fee or Reverse Break Fee.
If the Break Fee or Reverse Break Fee become payable under this Agreement, Pushpay or the Bidder (as the case requires) must pay it to or as directed by the other party without withholding or set-off (except as required by law) within 13 Business Days after receipt of a written demand for payment from the other party.