Certain Payment Provisions. Fees and Interest Rates: As set forth on Annex I. Repayments and Commitment Reductions: Bridge Loans may be prepaid and Bridge Commitments may be reduced, in whole or in part, in minimum amounts equal to $1,000,000 or a whole multiple thereof, at the option of the Borrower at any time upon three days’ prior notice, without premium or penalty but subject to reimbursement of the Lenders’ redeployment costs in the case of a prepayment of Bridge Loans prior to the last day of the relevant interest period.
Appears in 2 contracts
Sources: Merger Agreement, Merger Agreement (American Realty Capital - Retail Centers of America, Inc.)