Common use of Interest and Costs with Prepayments/Application of Prepayments Clause in Contracts

Interest and Costs with Prepayments/Application of Prepayments. (a) Any prepayment of the Facility made hereunder (including, without limitation, those made pursuant to Sections 5 and 9) shall be subject to the condition that on the date of prepayment all accrued interest to the date of such prepayment shall be paid in full with respect to the Facility or portions thereof being prepaid, together with the Prepayment Premium, as applicable, and any and all costs or expenses incurred by any Lender in connection with any breaking of funding (as certified by such Lender, which certification shall, absent any manifest error, be conclusive and binding on the Borrower).

Appears in 2 contracts

Samples: Agreement (International Shipholding Corp), Credit Agreement (International Shipholding Corp)

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Interest and Costs with Prepayments/Application of Prepayments. (a) Any prepayment of the Facility made hereunder (including, without limitation, those made pursuant to this Sections 5 and 95) shall be subject to the condition that on the date of prepayment all accrued interest to the date of such prepayment shall be paid in full with respect to the Facility or portions the portion thereof being prepaid, together with the Prepayment Premium, as applicable, and any and all costs or expenses incurred by any Lender the applicable Lenders in connection with any breaking of funding for prepayments other than on the last day of the applicable Interest Period (as certified by such Lenderthe Facility Agent, which certification shall, absent any manifest error, be conclusive and binding on the Borrower).

Appears in 1 contract

Samples: Credit Facility Agreement (Tidewater Inc)

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Interest and Costs with Prepayments/Application of Prepayments. (a) Any prepayment of the Facility made hereunder (including, without limitation, those made pursuant to Sections 5 and 9) shall be subject to the condition that on the date of prepayment all accrued interest to the date of such prepayment shall be paid in full with respect to the Facility or portions thereof being prepaid, together with the Prepayment Premium, as applicable, prepaid and any and all costs or expenses incurred by any Lender in connection with any breaking of funding (as certified by such Lender, which certification shall, absent any manifest error, be conclusive and binding on the Borrower).

Appears in 1 contract

Samples: Term Loan Credit Facility Agreement (SEACOR Marine Holdings Inc.)

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