Reverse Termination Amount definition
Reverse Termination Amount has the meaning specified in Section 8.2(e).
Reverse Termination Amount means a cash payment by the Purchaser to the Company of $1.2 billion if the Arrangement Agreement is terminated pursuant to the terms of the Arrangement Agreement under certain circumstances, as more particularly described under the heading “The Arrangement – The Arrangement Agreement – Reverse Termination Amount”;
Reverse Termination Amount means $204,487,849 and “Reverse Termination Amount Event” means the termination of this Agreement:
Examples of Reverse Termination Amount in a sentence
For the avoidance of doubt, amounts paid by the Purchaser to the Company pursuant to this Section 4.8(b) shall not be credited towards the payment of the Reverse Termination Amount.
For greater certainty, in no event shall the Purchaser be obligated to pay the Reverse Termination Amount on more than one occasion.
Under no circumstance shall Pure LP or Pure GP be permitted or entitled to receive both a grant of specific performance and any payment of the Reverse Termination Amount.
More Definitions of Reverse Termination Amount
Reverse Termination Amount means an amount equal to $20,000,000;
Reverse Termination Amount has the meaning specified in Section 8.2(e). “Reverse Termination Amount Event” has the meaning specified in Section 8.2(e). “Sanctions” has the meaning specified in paragraph 35 of Schedule C.
Reverse Termination Amount means (a) $41,520,000 in the event the Reverse Termination Amount Event occurs prior to 11:59:59 p.m. (Toronto time) on February 2, 2020, and (b) £28,275,895 (payable in Canadian dollars based on the spot foreign exchange rate published by Bloomberg at 11:30:00 p.m. (Toronto Time) on the date of this Agreement) in the event the Reverse Termination Amount Event occurs after 11:59:59 p.m. (Toronto time) on February 2, 2020.
Reverse Termination Amount has the meaning ascribed thereto in Section 8.2(5). “Reverse Termination Amount Event” has the meaning ascribed thereto in Section 8.2(5). “Scotiabank” means Scotia Capital Inc.
Reverse Termination Amount means US$35,000,000;
Reverse Termination Amount means an amount equal to $1,800,000.
Reverse Termination Amount means US$16 million.