Prepayment Commissions Sample Clauses
Prepayment Commissions. The Borrower shall pay to the Banks, in their respective Proportions, on the date of prepayment in accordance with this clause 7 above, a commission of 0.25% (nought point two five percent) of the amount (principal) prepaid, unless the prepayment is of the entire Total Outstandings, in which event the commission shall be 0.125% (nought point one two five percent) of the amount (principal) prepaid.
Prepayment Commissions. The Borrower shall pay to the Bank on the date of prepayment in accordance with this clause 5.1 above, (a) with respect to amounts of $20,000,000 (twenty million United States Dollars) or less, a commission of 0.25% (zero point two five percent) of the amount (principal) prepaid; and (b) with respect to amounts of more than $20,000,000 (twenty million United States Dollars) a commission of 0.125% (zero point one two five percent) of the amount (principal) prepaid. No other commission or penalty shall be payable on such prepayment.
