| gen. |
termination fee (Also known as a break fee or a termination fee. This term has a number of meanings. In the context of: • Mergers and acquisitions, a payment from the seller to the buyer if a merger or acquisition transaction is not completed as a result of certain actions by the seller, such as breaching a no-shop clause or entering into a transaction with a different buyer. Break-up fees help the buyer cover the expenses of planning, negotiating and investigating a transaction if it is not completed, as well as protecting the buyer if the seller receives a competitive offer. Break-up fee provisions are typically included in the purchase or merger agreement. Compare this to reverse break-up fees which are payments from the buyer to the seller if a transaction is not completed as a result of certain actions by the buyer. PLG. плата Покупателя за предоставленную ему Продавцом возможность одностороннего отказа от исполнения настоящего Договора = Buyer's termination fee to Seller hereunder Alexander Demidov) |
