Phrases with «breakup fee»

A breakup fee is a financial penalty or compensation that one party agrees to pay to the other if they decide to cancel or terminate a business deal or contract. It serves as a form of security to ensure that the party that invested time, effort, and resources into negotiating the deal, doesn't suffer significant losses if the other party backs out. Full definition

Sentences with «breakup fee»

  • * Amazon offered Flipkart breakup fee of $ 2 bln - report. (cnbc.com)
  • In a move that Horner says is «unprecedented,» Tims said to Burger King that if the deal didn't pass regulatory hurdles, it would pay Tims a reverse breakup fee of $ 500 million. (canadianlawyermag.com)
  • The board liked the offer, and so did Sokol — who walked away with a $ 1.2 billion breakup fee for Berkshire. (greenbackd.com)
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