Common use of Break Payment Clause in Contracts

Break Payment. If this Agreement is terminated by the Bidder pursuant to Clause 8.2(i)(a), (b), (c) or (d), or by the Target pursuant to Clause 8.2(ii)(e), the Target shall pay to the Bidder a break payment by way of compensation for any loss or damage (including, but not limited to, incurring costs and expenses, lost opportunity costs, business dislocation, reputational harm or adverse market reaction) that may be suffered by the Bidder (the "Break Payment") equal to: (a) two million seven hundred thousand euro (EUR 2,700,000) if this Agreement is terminated by the Bidder pursuant to Clause 8.2(i)(a), (b) or (c); or (b) five million four hundred thousand euro (EUR 5,400,000) if this Agreement is terminated by the Bidder pursuant to Clause 8.2(i)(d) or by the Target pursuant to Clause 8.2(ii)(e).

Break Payment. If this Agreement is terminated by the Bidder pursuant to Clause 8.2(i)(a), (b), (c) or (d), or by the Target pursuant to Clause 8.2(ii)(e), the Target shall pay to the Bidder a break payment by way of compensation for any loss or damage (including, but not limited to, incurring costs and expenses, lost opportunity costs, business dislocation, reputational harm or adverse market reaction) that may be suffered by the Bidder (the "“Break Payment"”) equal to: (a) two million seven hundred thousand euro (EUR 2,700,000) if this Agreement is terminated by the Bidder pursuant to Clause 8.2(i)(a), (b) or (c); or (b) five million four hundred thousand euro (EUR 5,400,000) if this Agreement is terminated by the Bidder pursuant to Clause 8.2(i)(d) or by the Target pursuant to Clause 8.2(ii)(e).