Applicable Make-Whole Amount Sample Clauses
Applicable Make-Whole Amount. The Issuer acknowledges that the right of each holder of a Note to maintain a rate of return based upon the full term of the Notes and the scheduled prepayments under Section 3.4 is a valuable right, and that the provisions for payment of the Make-Whole Amount by the Issuer in the event that (a) the Notes are otherwise prepaid, or (b) the maturity of the Notes is accelerated, are intended to provide reasonable compensation for the deprivation of such right under such circumstances.
Applicable Make-Whole Amount of the Financing Agreement is hereby amended by inserting reference to the phrase "the Applicable Make Whole Amount and" immediately prior to the words "the Applicable Prepayment Premium" wherever they appear in such Section (except to the extent such amendment has already been effected by the terms of this Second Amendment), with the effect that in the event that the Borrower reduces or terminates the Revolving Credit Commitment or makes voluntary or mandatory prepayments, at any time after the Second Amendment Effective Date up to and including the date that is the 18-month anniversary of the Second Amendment Effective Date, then an Applicable Make Whole Amount will be payable with respect to the amount of such commitment reduction or prepayment in addition to any required payment of the Applicable Prepayment Premium.