Except it doesn't. The full clause you are discussing: "Specifically, this termination fee is payable by Parent to Twitter if the Merger Agreement is terminate

Except it doesn't. The full clause you are discussing: "Specifically, this termination fee is payable by Parent to Twitter if the Merger Agreement is terminated by Twitter because (1) the conditions to Parent’s and Acquisition Sub’s obligations to consummate the Merger are satisfied and the Parent fails to consummate the Merger as required pursuant to, and in the circumstances specified in, the Merger Agreement;" The comment conviently cut the first part of the sentence where the clause is effective if the acquisition is terminated by Twitter.