No Prepayment Fee Sample Clauses

No Prepayment Fee. The prepayments and payments in respect of reductions and terminations described in clauses (i) and (ii) of this Section 4.01(a) may be made without premium or penalty (except as provided in Article XIV).
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No Prepayment Fee. No prepayment fee shall be due in connection with or on account of any prepayment of the Loan.
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No Prepayment Fee. Notwithstanding anything contained in any of the Facility Agreements to the contrary, no prepayment fee or similar prepayment penalty shall be applicable to any amounts paid under this clause 6.
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No Prepayment Fee. Notwithstanding anything contained in any of the Convertible Notes to the contrary, no prepayment fee or similar prepayment penalty shall be applicable to any amounts paid under this clause 6.
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No Prepayment Fee. The prepayments and payments described in Section 3.01(a) may be made without premium or penalty (except as provided in Section 13.05). Designated Prepayments shall be made without premium or penalty (except as provided in Section 13.05); provided, however, that, in the event a Designated Prepayment which is to be applied to a Eurodollar Rate Loan becomes due and payable at a time when no Event of Default exists but on a date which is other than the last day of the Eurodollar Interest Period applicable thereto, the Lenders (i) hereby authorize the Agent to retain the amount of such Designated Prepayment delivered to it for application on such Eurodollar Rate Loan as Cash Collateral therefor until the last day of the Eurodollar Interest Period applicable thereto and to apply such amount to such Eurodollar Rate Loan only on such last day of such Eurodollar Interest Period and (ii) agree that Borrower's delivery of the amount of such Designated Prepayment to the Agent as aforesaid shall be deemed to have complied with the requirements of Section 3.01(b). All Cash Collateral held by the Agent pursuant to this Section 3.01(c) shall be held by the Agent in a Cash Collateral Account and all interest earned on such Cash Collateral shall be the property of the Borrower and shall be paid to the Borrower quarterly.
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Related to No Prepayment Fee

  • Prepayment Fee The Prepayment Fee, when due hereunder, to be shared between the Lenders in accordance with their respective Pro Rata Shares; and

  • No Prepayment No conversion or extension of Loans or Commitments pursuant to any Extension Amendment in accordance with this Section 2.16 shall constitute a voluntary or mandatory prepayment or repayment for purposes of this Agreement. This Section 2.16 shall supersede any provisions in Section 2.13 or 10.01 to the contrary.

  • Prepayment Fees Borrower agrees to pay to each [New Term Loan Lender] the following prepayment fees, if any: [ ]. [Insert other additional prepayment provisions with respect to New Term Loans]

  • Payment Prepayment All payments shall be made in lawful money of the United States of America at such place as the Holder hereof may from time to time designate in writing to the Company. Payment shall be credited first to the accrued interest then due and payable and the remainder applied to principal. Prepayment of this Note may be made at any time without penalty.

  • Prepayment Premium Borrower will be required to pay a prepayment premium in connection with certain prepayments of the Indebtedness, including a payment made after Lender’s exercise of any right of acceleration of the Indebtedness, as provided in the Note.

  • Prepayment Premiums As of the applicable date of origination of each such Mortgage Loan, any prepayment premiums and yield maintenance charges payable under the terms of the Mortgage Loans, in respect of voluntary prepayments, constituted customary prepayment premiums and yield maintenance charges for commercial mortgage loans.

  • PAYMENT OF LOAN FEE Borrower shall pay Bank a fee in the amount of Eleven Thousand Two Hundred Fifty Dollars ($11,250) ("Loan Fee") plus all out-of-pocket expenses.

  • Optional Prepayment of Term Loan (a) Subject to clause (b) hereof, Borrower (at its option), may prepay all or any portion of the outstanding principal of any Term Loan Advance bearing interest at the Base Rate at any time, and may prepay all or any portion of the outstanding principal of any Term Loan bearing interest at the Eurodollar-based Rate upon one (1) Business Day’s notice to the Agent by wire, telecopy or by telephone (confirmed by wire or telecopy), with accrued interest on the principal being prepaid to the date of such prepayment. Any prepayment of a portion of a Term Loan as to which the Applicable Interest Rate is the Base Rate shall be without premium or penalty, except to the extent set forth in Section 4.7(d) below and any prepayment of a portion of a Term Loan as to which the Applicable Interest Rate is the Eurodollar-based Rate shall be without premium or penalty, except to the extent set forth in Section 11.1 and Section 4.7(d) below.

  • Prepayment Prepayment of the Notes to be prepaid pursuant to this Section 8.7 shall be at 100% of the principal amount of such Notes, together with accrued and unpaid interest on such Notes accrued to the date of prepayment but without any Make-Whole Amount. The prepayment shall be made on the Change in Control Proposed Prepayment Date, except as provided by Section 8.7(f).

  • Optional Prepayment of Loans (a) The Borrower shall have the right at any time and from time to time to prepay any Borrowing (including any Swingline Borrowing) in whole or in part, subject to prior notice in accordance with paragraph (b) of this Section.

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