Termination Fee definition

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

Termination Fee has the meaning set forth in Section 9.4(a).

Termination Fee shall have the meaning as set forth in Section 2.6.

Examples of Termination Fee in a sentence

• In the event that this Agreement is validly terminated by Seller pursuant to Section 9.01(d)(iii); then Buyer shall pay the Buyer Termination Fee to Seller by wire transfer of same-day funds on or prior to the fifth (5th) Business Day following such termination to an account designated by Seller in writing.

• For the avoidance of doubt, in no event will Buyer or its Affiliates be obligated to pay, or cause to be paid, the Buyer Termination Fee on more than one occasion or any amounts in excess of the Buyer Termination Fee (except as may be finally determined by a court of competent jurisdiction as a result of Buyer’s Willful Breach).

• Accordingly, if Buyer fails to promptly pay the amounts due to Seller pursuant to this Section 9.06, and, in order to obtain such payment, Seller commences a suit that results in a judgment against Buyer for all or a portion of the Buyer Termination Fee, Buyer shall pay to Seller or its designees interest on the amount of the Buyer Termination Fee from the date such payment was required to be made until the date such payment is received at a rate equal to seven percent (7%) per annum.

More Definitions of Termination Fee

Termination Fee. The amount that the Seller shall be required to pay to the Servicer as liquidated damages as a result of the Seller terminating this Agreement without cause with respect to some or all of the Mortgage Loans pursuant to Section 8.02 hereof.

Termination Fee means the fee, in the amount set forth in Exhibit G of this Agreement, that the Judicial Council will pay the Contractor in the event the Judicial Council terminates this Agreement pursuant to the “Termination Other Than for Cause” provision set forth in Exhibit A.

Termination Fee shall have the meaning set forth in Section 10.2.2(C).

Termination Fee is defined in Section 8.3(b) of the Agreement.

Termination Fee shall have the meaning as set forth in Section 9.3(a) of the Agreement.

Termination Fee means a termination fee equal to three (3) times the sum of (a) the average annual Base Management Fees and (b) the average annual (or, if the period is less than 24 months, annualized) Incentive Fees earned by the Manager during the 24-month period immediately preceding the date of termination, calculated as of the end of the most recently completed fiscal quarter before the date of termination.

Termination Fee has the meaning ascribed thereto in Section 5.2(b);