Special Termination Fee definition

Special Termination Fee means the sum of $250,000 in U.S. currency.
Special Termination Fee means $1,863,490.00
Special Termination Fee means $1,450,000.

Examples of Special Termination Fee in a sentence

  • In the event Manager so terminates this Agreement, Owner shall pay to Manager the Special Termination Fee no later than the business day immediately preceding the specified date of such termination of this Agreement (with such payment obligation to survive the termination of this Agreement).

  • Not later than the effective date of any termination of this Agreement pursuant to this Section 21.3, and as a condition (which may be waived by Manager) to the effectiveness of any such termination, Owner shall pay to Manager the applicable Special Termination Fee.

  • Owner shall have the right to terminate this Agreement, without cause, at any time upon at least ninety (90) days prior written notice to Manager and the payment to Manager of an amount equal to the sum of (i) the Special Termination Fee and (ii) an amount equal to three (3) times the Average Monthly Base Management Fee.

  • The Termination Stay shall be immediately revoked upon Assure’s failure to meet any of the Waiver Conditions (which shall not be subject to any cure period), and Danam may, in its sole discretion, exercise its Special Termination Right and be entitled to the Special Termination Fee.

  • The parties agree that any payment of the Special Termination Fee is a reasonable method of compensating Sumitomo in the event of a Change of Control, and that such payment is not a penalty.

  • The amount of Special Termination Fee payable to Sumitomo by Daleco shall be the arithmetic average of such three opinions.

  • The Special Termination Fee shall be payable to Sumitomo within 10 days of its determination as provided herein.


More Definitions of Special Termination Fee

Special Termination Fee shall have the meaning set forth in Section 8.3(a)(vi).
Special Termination Fee set forth in Section 8.1 of the Merger Agreement is hereby amended to read in its entirety as follows:
Special Termination Fee means the sum of $500,000 in U.S. currency.

Related to Special Termination Fee

  • Company Termination Fee has the meaning set forth in Section 7.3(a).

  • Parent Termination Fee has the meaning set forth in Section 7.3(b).

  • Termination Fee Event has the meaning ascribed thereto in Section 5.2(a);

  • Sponsor Termination Fees means the one-time payment under the Sponsor Management Agreement of a termination fee to one or more of the Sponsors and their Affiliates in the event of either a Change of Control or the completion of a Qualifying IPO.

  • Termination Fee has the meaning set forth in Section 7.02(a).

  • Reverse Termination Fee has the meaning set forth in Section 7.02(b).

  • Special Termination Notice means the Notice of Special Termination substantially in the form of Annex VII to this Agreement.

  • Early Termination Fee has the meaning set forth in Section 7.2.

  • Special Termination Advance means an Advance made pursuant to Section 2.02(g).

  • Initial Termination Date has the meaning set forth in Section 8.2(a).

  • Applied Special Termination Advance has the meaning assigned to such term in Section 2.05.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Accretion Termination Date As defined in the Series Supplement.

  • Outside Termination Date shall have the meaning set forth in Section 8.01(f).

  • Partial Termination has the meaning set forth in the Section 6.3(a).

  • Agreement Termination Date is defined in Section 7.4.

  • Renewal Fee means the fee that Borrower must pay Coast upon renewal of this Agreement pursuant to Section 9.1 hereof, in the amount set forth on the Schedule.

  • Scheduled Commitment Termination Date means May 24, 2016, as such date may be extended by mutual agreement of the parties hereto (each, in their sole and absolute discretion) pursuant to Sections 2.21 and 12.01(b).

  • Commitment Termination Event means the earlier of (a) automatically and without notice or further action, the occurrence of any Event of Default described in Section 7.01(i) (Bankruptcy, Insolvency, etc.) with respect to the Borrower and (b) the occurrence and continuation of any other Event of Default under this Agreement pursuant to which either a Commitment Termination Event has been expressly declared or a declaration of the Loan to be due and payable has been given, in each case pursuant to Section 7.03 (Action if other Event of Default).

  • Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1995-1 Termination Date.

  • Accrual Termination Date Not applicable.

  • Commitment Termination Date means the earlier of (a) the Maturity Date and (b) the earlier termination in whole of the Commitments pursuant to Section 2.04 or Article VII.

  • Premium Termination Date With respect to the Series A Certificates, the scheduled maturity date of the Series A Certificates, with respect to the Series B Certificates, the scheduled maturity date of the Series B Certificates and with respect to the Series C Certificates, the scheduled maturity date of the Series C Certificates.

  • Potential Termination Event means an event which but for the lapse of time or the giving of notice, or both, would constitute a Termination Event.

  • Loan Termination Date means the earliest to occur of the following: (i) as to TERM NOTE 2 and TERM NOTE 5, September 1, 2011; as to the REVOLVING NOTE, May 18, 2009 (ii) the date the OBLIGATIONS are accelerated pursuant to this AGREEMENT, and (iii) the date BANK receives (a) notice in writing from BORROWER of BORROWER’s election to terminate this AGREEMENT and (b) indefeasible payment in full of the OBLIGATIONS.

  • Swap Termination Payment Upon the designation of an “Early Termination Date” as defined in the Swap Agreement, the payment to be made by the Swap Administrator to the Swap Provider from payments from the Trust Fund, or by the Swap Provider to the Swap Administrator for payment to the Trust Fund, as applicable, pursuant to the terms of the Swap Agreement.