LIBOR Loan Prepayments. If, for any reason, a LIBOR Loan is paid prior to the last Business Day of any Interest Period, then Borrower agrees to pay to the Bank the Bank’s normal and customary LIBOR breakage fees, if any, actually incurred, plus any cost or expense incurred by the Bank as a result of such prepayment.
Appears in 2 contracts
Samples: Loan and Security Agreement (Banyan Rail Services Inc.), Loan and Security Agreement (Bhit Inc)
LIBOR Loan Prepayments. If, for any reason, a LIBOR Loan is paid prior to the last Business Day of any Interest Period, then the Borrower agrees to pay to indemnify the Bank against any loss (including any loss on redeployment of the Bank’s normal and customary LIBOR breakage feesfunds repaid), if any, actually incurred, plus any cost or expense incurred by the Bank as a result of such prepayment.
Appears in 2 contracts
Samples: Loan and Security Agreement (Huron Consulting Group Inc.), Loan and Security Agreement (Huron Consulting Group Inc.)
LIBOR Loan Prepayments. If, for any reason, a LIBOR Loan is paid prior to the last Business Day of any Interest Period, then Borrower agrees Borrowers agree to pay to the Bank the Bank’s normal and customary LIBOR breakage fees, if any, actually incurred, plus any cost or expense incurred by the Bank as a result of such prepayment.
Appears in 1 contract
Samples: Loan and Security Agreement (FreightCar America, Inc.)
