PLS 0.61% $3.31 pilbara minerals limited

5. Termination and Break Fees – The Implementation Deed contains...

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    5. Termination and Break Fees – The Implementation Deed contains a break fee equal to 2% of total consideration, which is payable both ways in certain circumstances. Both parties have a right to terminate the Implementation Deed on limited grounds. Notably, the Loan Noteholders may terminate the Implementation Deed if the RCF VII FIRB condition (contained in the RCF VII Subscription Agreement) is not satisfied or waived by 21 November 2020.
 
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