Prepayment Surcharge Sample Clauses

Prepayment Surcharge. At the time Borrower makes any Prepayment, Borrower shall simultaneously pay to Lender, a prepayment surcharge for each Fixed Rate portion of the Term Loan and the Revolving Loan so prepaid, calculated as follows: For each portion of the Revolving Loan or the Term Loan bearing interest at a Fixed Rate, the prepayment surcharge shall be equal to any funding losses incurred by Lender as a result of such prepayment, including any loss or unreimbursed expense arising from the redeployment of funds, calculated according to any reasonable methodology established by Lender; and
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Prepayment Surcharge. At the time that Borrower makes a Prepayment, whether or not such Prepayment is voluntary on behalf of Borrower and specifically including a prepayment occurring as the result of an acceleration of the Loan, Borrower shall simultaneously pay to PCFC, a prepayment surcharge for each Fixed Rate portion of Tranche A or Tranche B so prepaid equal any loss of earnings expense attributable to Fixed Rate funding incurred or projected by PCFC as a result of such prepayment.
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Prepayment Surcharge. At the time that Borrower makes any Prepayment, Borrower shall simultaneously pay to Lender, a prepayment surcharge for each Fixed Rate portion of the Term Loan and the Revolving Loan so prepaid, calculated as follows:
Sample 1
Prepayment Surcharge. In addition to the Prepayment Fee, Borrower must also pay to Lender (a) any amount charged to Lender with respect to such prepayment by any farm credit bank or other provider of financing or funding to Lender, and (b) any other cost or loss suffered by Lender as a result of the prepayment (collectively a “Prepayment Surcharge”).
Sample 1
Prepayment Surcharge. Notwithstanding any provision contained in any Supplement giving the Company the right to repay any loan or advance prior to the date when it would otherwise be due and payable, the Company agrees that in the event it repays any loan or advance bearing interest at a fixed rate prior to the last day of the fixed rate period (whether such payment is made voluntarily, as a result of an acceleration, or otherwise), the Company will pay to the Bank a prepayment surcharge equal to the present value of the difference between: (i) the amount of interest that would have accrued at the non-default rate during the remaining fixed rate period had such balance not been paid; less (ii) the amount of interest that would accrue on the balance being prepaid if such balance accrued interest at the Banks' Estimated Cost of Funds on the prepayment date for a period equal to the remaining fixed rate period. In calculating present value, the discount rate shall be the rate determined pursuant to (ii) hereof plus 25 basis points.
Sample 1

Related to Prepayment Surcharge

  • Prepayment Fees Borrower agrees to pay to each [New Term Loan Lender] the following prepayment fees, if any: [ ]. [Insert other additional prepayment provisions with respect to New Term Loans]

  • Prepayment Premium Borrower will be required to pay a prepayment premium in connection with certain prepayments of the Indebtedness, including a payment made after Lender’s exercise of any right of acceleration of the Indebtedness, as provided in the Note.

  • Prepayment Fee The Prepayment Fee, when due hereunder, to be shared between the Lenders in accordance with their respective Pro Rata Shares; and

  • Payment Prepayment All payments shall be made in lawful money of the United States of America at such place as the Holder hereof may from time to time designate in writing to the Company. Payment shall be credited first to the accrued interest then due and payable and the remainder applied to principal. Prepayment of this Note may be made at any time without penalty.

  • Prepayment Prepayment of the Notes to be prepaid pursuant to this Section 8.7 shall be at 100% of the principal amount of such Notes, together with accrued and unpaid interest on such Notes accrued to the date of prepayment but without any Make-Whole Amount. The prepayment shall be made on the Change in Control Proposed Prepayment Date, except as provided by Section 8.7(f).

  • Prepayment Charges The Master Servicer will not waive any part of any Prepayment Charge unless the waiver relates to a default or a reasonably foreseeable default, the Prepayment Charge would cause an undue hardship to the related borrower, the Mortgaged Property is sold by the Mortgagor, the collection of any Prepayment Charge would violate any relevant law or regulation or the waiving of the Prepayment Charge would otherwise benefit the Trust Fund and it is expected that the waiver would maximize recovery of total proceeds taking into account the value of the Prepayment Charge and related Mortgage Loan and doing so is standard and customary in servicing similar Mortgage Loans (including any waiver of a Prepayment Charge in connection with a refinancing of a Mortgage Loan that is related to a default or a reasonably foreseeable default). The Master Servicer will not waive a Prepayment Charge in connection with a refinancing of a Mortgage Loan that is not related to a default or a reasonably foreseeable default.

  • Prepayment Premiums As of the applicable date of origination of each such Mortgage Loan, any prepayment premiums and yield maintenance charges payable under the terms of the Mortgage Loans, in respect of voluntary prepayments, constituted customary prepayment premiums and yield maintenance charges for commercial mortgage loans.

  • Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges Borrower will pay each Periodic Payment when due. Borrower will also pay any prepayment charges and late charges due under the Note, and any other amounts due under this Security Instrument. Payments due under the Note and this Security Instrument must be made in U.S. currency. If any check or other instrument received by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid, Lender may require that any or all subsequent payments due under the Note and this Security Instrument be made in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer’s check, or cashier’s check, provided any such check is drawn upon an institution whose deposits are insured by a U.S. federal agency, instrumentality, or entity; or (d) Electronic Fund Transfer. Payments are deemed received by Lender when received at the location designated in the Note or at such other location as may be designated by Lender in accordance with the notice provisions in Section 16. Lender may accept or return any Partial Payments in its sole discretion pursuant to Section 2. Any offset or claim that Borrower may have now or in the future against Lender will not relieve Borrower from making the full amount of all payments due under the Note and this Security Instrument or performing the covenants and agreements secured by this Security Instrument.

  • Prepayment of Loan So long as ECOLOGY shall hold this loan, the RECIPIENT may prepay the entire unpaid principal balance of and accrued interest on the loan or any portion of the remaining unpaid principal balance of the Loan Amount . Any prepayments on the loan shall be applied first to any accrued interest due and then to the outstanding principal balance of the Loan Amount. If the RECIPIENT elects to prepay the entire remaining unpaid balance and accrued interest, the RECIPIENT shall first contact ECOLOGY’s Revenue/Receivable Manager of the Fiscal Office.

  • Prepayment Penalties 4. Any provisions in your consumer credit contract, loan, security, or account agreements that are determined to be inconsistent with or contradictory to these disclosures or the MLA (as they may be changed or amended from time to time) are inapplicable with regard to this loan. However, all other terms and conditions of the consumer credit contract shall remain in full force and effect.

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