Exit Fee. Borrower shall pay Lender an exit fee (the "Exit Fee") for the Loan as set forth in this Section 2.3.2. With respect to any and all prepayments of all or a portion of the principal amount of the Loan (which prepayments, if any, shall in all events be made in accordance with the terms of Section 2.9 hereof) and with respect to any and all Release Payments made in connection with releases of all or a portion of the Property (which Release Payments and releases, if any, shall in all events be made in accordance with the terms of Section 2.9 hereof) (collectively, "Principal Repayments" and, individually, a "Principal Repayment") made prior to the six (6) month anniversary of the Disbursement, Borrower shall pay to Lender an amount equal to two percent (2%) of the amount of such Principal Repayment as and when each such Principal Repayment is made or required to be made; with respect to each Principal Repayment made or required to be made during the period commencing on the day after the six (6) month anniversary of the Disbursement and ending on the twelve (12) month anniversary of the Disbursement, Borrower shall pay to Lender an amount equal to one and one-half percent (1.5%) of the amount of such Principal Repayment as and when each such Principal Repayment is made; with respect to each Principal Repayment made or required to be made during the period commencing on the day after the twelve (12) month anniversary of the Disbursement and ending at any time thereafter, including, without limitation, on the Maturity Date, Borrower shall pay to Lender an amount equal to one percent (1%) of the amount of such Principal Repayment. The Exit Fee shall be in addition to any and all other fees or amounts required to be paid pursuant to the terms of this Agreement in connection with any repayment of principal, including, without limitation, the Release Payment and the amounts required to be paid by Section 2.9.1. The Exit Fee shall deemed fully earned upon the execution of this Agreement and shall be payable upon the earlier of (a) repayment of all (or, subject to the terms of this Agreement, a portion) of the principal and interest due and owing on the Loan, and (b) the Maturity Date or such earlier date as the Loan becomes due and payable whether by acceleration or otherwise. If there is an Event of Default or a Potential Event of Default which is not cured within any applicable cure period, the Exit Fee shall be calculated and payable as of the date of the applicab...
Exit Fee. Upon the earlier to occur of (i) the Term Loan Maturity Date, or (ii) full repayment of the Loan and all other Obligations whether as a result of the acceleration of the Loan, or otherwise, Borrower shall pay an exit fee to Agent, for the benefit of Lenders, in an amount equal to one percent (1.0%) multiplied by the aggregate principal amount of all Term Loans advanced hereunder.
Exit Fee. Concurrently with Borrower’s repayment of the Loan, in whole or in part, and whether or not the Loan is repaid or otherwise satisfied (including in connection with a foreclosure or a deed in lieu thereof) on or before the Maturity Date, in addition to any Fixed Rate Price Adjustment then due, Borrower shall pay to Lender an exit fee in an amount equal to one-eighth of one percent (0.125%) of the amount of the Loan being repaid at such time (the “Exit Fee”). Notwithstanding the foregoing, if Borrower repays (i) all or any portion of the Loan with proceeds from replacement financing provided by Lender or (ii) the entire Loan with proceeds from the sale of the Property to a bona-fide thirty-party (i.e., non-Affiliate) purchaser, then Borrower shall have no obligation to pay any Exit Fee with respect to that portion of the Loan that is repaid with such proceeds. In addition, Borrower shall have no obligation to pay any Exit Fee (a) with respect to a portion of the Loan repaid on the Maturity Date with funds other than refinancing proceeds provided by Lender unless Lender has provided Borrower a reasonable quote for replacement financing, or (b) with respect to a portion of the Loan repaid for the sole purpose of reducing the outstanding amount of the Loan to fifty percent (50%) of the lesser of (i) the Appraised Value of the Property and (ii) the Acquisition Cost of the Property; provided in all circumstances, the Exit Fee shall be deemed earned when paid and non-refundable. For purposes hereof, a quote for replacement financing shall be deemed reasonable if it is consistent with quotes being provided by Lender to other borrowers similarly situated to Borrower at the time of determination with respect to the type of loan being requested, including, without limitation, property type, loan terms and loan structure.
Exit Fee. Upon the Termination Date, Borrower shall pay an exit fee (the “Exit Fee”) to Agent, for the benefit of Lenders, in an amount equal to (i) six and one half of one percent (6.50%) multiplied by the aggregate amount of the Term Loan funded hereunder on or prior to such date plus (ii) $62,500, which Exit Fee shall be deemed fully earned and non-refundable on the Termination Date.
Exit Fee. The Borrower shall pay to the Scottish Ministers an exit fee of £37,500 on the Final Repayment Date or on such other date on which the Facility is repaid in full.
Exit Fee. Upon any payment or prepayment of all or a portion of the Term Loans hereunder, whether voluntary or involuntary, prior to, on or after the Maturity Date or following the acceleration of the Obligations hereunder, including as a result of the commencement of any proceeding under any Debtor Relief Law, the Borrower shall pay to each of the Lenders for its own account a fee (the “Exit Fee”) equal to 1.25% of the principal amount of such Lender’s Term Loans so paid or prepaid. Such Exit Fee shall be earned, due and payable immediately upon any such payment or prepayment, and shall be in addition to any accrued and unpaid interest, reimbursement obligations, Prepayment Premium or other amounts payable in connection therewith.
Exit Fee. See §3.5.
Exit Fee. 13.1. The exit fee for your accommodation unit is calculated on a daily basis as a percentage of the Ingoing Contribution as follows: Length of time from the date of this Contract until the day the Resident ceases to reside in the Accommodation Unit or, if a Relative of a Resident resides in the Accommodation Unit under section 70B(2), the sooner of the day the Relative vacates the Accommodation Unit or the day that is 3 months after the Resident’s right to reside under this Contract is terminated. Relevant percentage and exit fee formula 1 year or less 6% (IC x 6%) x (amount of days in a partial year period / total number of days in termination year) More than 1 year, but not more than 2 years 12% (IC x 6%) + (((IC x (12%-6%)) x (amount of days in a partial year period / total number of days in termination year))) More than 2 years, but not more than 3 years 16% (IC x 12%) + (((IC x (16%-12%)) x (amount of days in a partial year period / total number of days in termination year))) More than 3 years, but not more than 4 years 20% (IC x 16%) + (((IC x (20%-16%)) x (amount of days in a partial year period / total number of days in termination year))) More than 4 years, but not more than 5 years 24% (IC x 20%) + (((IC x (24%-20%)) x (amount of days in a partial year period / total number of days in termination year))) More than 5 years, but not more than 6 years 28% (IC x 24%) + (((IC x (28%-24%)) x (amount of days in a partial year period / total number of days in termination year))) More than 6 years, but not more than 7 years 30% (IC x 28%) + (((IC x (30%-28%)) x (amount of days in a partial year period / total number of days in termination year))) More than 7 years, but not more than 8 years 32% (IC x 30%) + (((IC x (32%-30%)) x (amount of days in a partial year period / total number of days in termination year))) More than 8 years, but not more than 9 years 34% (IC x 32%) + (((IC x (34%-32%)) x (amount of days in a partial year period / total number of days in termination year))) More than 9 years 34% (IC x 34%) For the purposes of the table above, IC means Ingoing Contribution.
Exit Fee. As consideration of Xxxxxx’s making of the Loan to Xxxxxxxx, Xxxxxxxx agrees to pay a deferred financing fee (“Exit Fee”) to Lender in an amount equal to two percent (2.00%) of the original principal amount of the Loan. Although the Exit Fee is earned in full on the date hereof, Xxxxxx hereby agrees to defer payment of the Exit Fee until the earlier of (a) the date when full repayment of the Loan occurs, (b) the Maturity Date, or (c) the date on which the Loan has been accelerated following an Event of Default. Notwithstanding the sale or transfer of the Loan by Capmark Bank, in whole or in part, to a successor lender, unless Capmark Bank has transferred its interest in the Exit Fee to its successors or assigns as Lender, the Exit Fee shall be payable to Capmark Bank. Notwithstanding the foregoing, if Borrower refinances this Loan with the proceeds of a loan from Capmark Finance Inc., or Capmark Bank, then no Exit Fee shall be due. Borrower acknowledges that neither Capmark Finance Inc., nor Capmark Bank has any obligation to make such loan.
Exit Fee. Upon the prepayment or repayment of principal of all or any portion of any Loans (or upon the date any such prepayment or repayment is required to be paid), whether on the Maturity Date, or pursuant to Section 3.2, Section 9.2, Section 9.3, or otherwise, the Borrower shall pay to the Administrative Agent for the account of each Lender, in cash, on the date on which such prepayment or repayment is paid or required to be paid, as the case may be, in addition to the other Obligations (including the Repayment Premium, if any) so prepaid, repaid or required to be prepaid or repaid, a fee (the “Exit Fee”) in an amount equal to three percent (3.00%) of the principal amount of the Loans prepaid, repaid or required to be prepaid or repaid, as the case may be, on such date.
