Accrued. interest on each Loan shall be payable in arrears on each Interest Payment Date and upon termination of the Credit Facility, and in the event of any repayment or prepayment of any Loan, accrued interest on the principal amount repaid or prepaid shall be payable on the date of such repayment or prepayment together with all applicable breakage costs.
Appears in 18 contracts
Sources: Subordinate Credit Agreement (Brookfield Infrastructure Corp), First Amending Agreement (Brookfield Infrastructure Corp), First Amending Agreement (Brookfield Renewable Corp)
Accrued. interest on each Loan made to a Borrower shall be payable by such Borrower in arrears on each Interest Payment Date and upon termination of the Credit Facility, and in the event of any repayment or prepayment of any LoanLoan by any Borrower, accrued interest on the principal amount repaid or prepaid shall be payable by such Borrower on the date of such repayment or prepayment together with all applicable breakage costs.
Appears in 3 contracts
Sources: Credit Agreement (Brookfield Wealth Solutions Ltd.), Credit Agreement (Brookfield Asset Management Reinsurance Partners Ltd.), Credit Agreement (Brookfield Asset Management Inc.)
Accrued. interest on each Loan shall be payable in arrears on each Interest Payment Date and upon termination of the Credit FacilityCommitment, and in the event of any repayment or prepayment of any Loan, accrued interest on the principal amount repaid or prepaid shall be payable on the date of such repayment or prepayment together with all applicable breakage costsprepayment.
Appears in 1 contract
Sources: Credit Agreement (Brookfield Private Equity Fund LP)
Accrued. interest on each Loan shall be payable in arrears on each Interest Payment Date and upon termination of the Credit Facility, and in the event of any repayment or prepayment of any Loan, accrued interest on the principal amount repaid or prepaid shall be payable on the date of such repayment or prepayment together with all applicable breakage costscosts required to be paid pursuant to Section 2.9.
Appears in 1 contract
Sources: Credit Agreement (Brookfield Asset Management Ltd.)