Term Loan Prepayment Premium. In the case of any prepayment of the Initial Term Loans pursuant to Section 2.15(a), or amendment of the Loan Documents relating to the interest rate for, or weighted average yield of, the Initial Term Loans, in each case, made prior to the six-month anniversary of the Closing Date in connection with a Repricing Transaction, the Parent Borrower shall pay at the time of such prepayment or amendment a prepayment premium (a “Term Loan Prepayment Premium”) in the amount of 1.0% of the amount of the Initial Term Loans prepaid or repriced.
Term Loan Prepayment Premium. The Term Loan Prepayment Premium, when due hereunder;
Term Loan Prepayment Premium. The Term Loan Prepayment Premium when due hereunder; “CERTAIN CONFIDENTIAL PORTIONS OF THIS EXHIBIT WERE OMITTED AND REPLACED WITH “[***]”. A COMPLETE VERSION OF THIS EXHIBIT HAS BEEN FILED SEPARATELY WITH THE SECRETARY OF THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO AN APPLICATION REQUESTING CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 PROMULGATED UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED.”
Term Loan Prepayment Premium. In the event that all or any portion of the Term Loans shall be repaid through voluntary prepayments or through mandatory repayments required as a result of the incurrence of Indebtedness, or repriced (or effectively refinanced) at a lower interest rate or Weighted Average Yield through any amendment of this Agreement, each Lender holding Term Loans shall be paid an amount equal to (i) 102% of the amount of such Term Loans repaid or repriced, if such repayment or repricing is effected prior to the one year anniversary of the Closing Date, and (ii) 101% of the amount of such Term Loans repaid or repriced, if such repayment or repricing is effected on or after the one year anniversary but prior to the two year anniversary of the Closing Date.
Term Loan Prepayment Premium. Upon repayment of the Term Loans at any time on or after the Closing Date for any reason (including any such repayment on the Term Loan Maturity Date or upon acceleration but excluding any such repayment pursuant to (i) Section 2.09 (other than any such payment required to be made on the Term Loan Maturity Date), (ii) Section 2.10(c) (solely with respect to the first $2,500,000 of Net Cash Proceeds that are applied to prepay the Term Loans pursuant to Section 2.10(c) in any fiscal year), (iii) Section 2.10 (f) (solely with respect to the first $2,500,000 of Net Cash Proceeds that are applied to prepay the Term Loans pursuant to Section 2.10(f) in any fiscal year) or (iv) Section 2.10(g)) or in the case of a mandatory assignment of Term Loans pursuant to Section 2.16(b) on or after the Closing Date, Borrower shall pay to the Lenders (or the replaced Lender or Lenders in connection with a mandatory assignment of Term Loans pursuant to Section 2.16(b)) a prepayment premium on the principal amount so prepaid (or mandatorily assigned) as follows: Relevant Period in which prepayment or mandatory assignment, as the case may be, occurs Prepayment Premium (expressed as a percentage of principal amount repaid or mandatorily assigned, as the case may be) After the Closing Date and on or prior to the first anniversary of the Closing Date 7.75% After the first anniversary of the Closing Date and on or prior to the second anniversary of the Closing Date 4.75% After the second anniversary of the Closing Date and on or prior to the third anniversary of the Closing Date 3.25% After the third anniversary of the Closing Date 1.75%”
Term Loan Prepayment Premium. (i) In the event the Borrower voluntarily elects to prepay the Term Loan as permitted by Section 2.05(a) or makes a mandatory prepayment on the Term Loan in accordance with Section 2.05(b)(iv) or Section 2.05(b)(v) within one year of the Closing Date, the Borrower shall be obligated to pay a prepayment fee equal to two percent (2.0%) of the principal amount of the Term Loan prepaid and (ii) in the event the Borrower voluntarily elects to prepay the Term Loan as permitted by Section 2.05(a) or makes a mandatory prepayment on the Term Loan in accordance with Section 2.05(b)(iv) or Section 2.05(b)(v) between September 11, 2004 and September 11, 2005, the Borrower shall be obligated to pay a prepayment fee equal to one percent (1.0%) of the principal amount of the Term Loan prepaid. After September 11, 2005, the Borrower may voluntarily prepay the Term Loan as permitted by Section 2.05(a) or make a mandatory prepayment on the Term Loan in accordance with Section 2.05(b)(iv) or Section 2.05(b)(v) without a prepayment premium or fee.
Term Loan Prepayment Premium. In the event that all or any portion of the Tranche B-1 Term Loans or the Tranche B-2 Term Loans is (i) repaid, prepaid, refinanced or replaced or (ii) repriced or effectively refinanced through any waiver, consent or amendment (in each case, in connection with any waiver, consent or amendment to the Tranche B-1 Term Loans or Tranche B-2 Term Loans directed at, or the result of which would be, the lowering of the effective interest cost or the Weighted Average Yield of the Tranche B-1 Term Loans or Tranche B-2 Term Loans, as applicable, or the incurrence of any debt financing having an effective interest cost or Weighted Average Yield that is less than the effective interest cost or Weighted Average Yield of the Tranche B-1 Term Loans or Tranche B-2 Term Loans, as applicable (or portion thereof) so repaid, prepaid, refinanced, replaced or repriced, but excluding, in each case, any repayment, prepayment, refinancing, replacement or repricing in connection with any transaction resulting in a Change of Control (each a “Repricing Transaction”)) occurring on or prior to the first anniversary of the Closing Date, such repayment, prepayment, refinancing, replacement or repricing will be made at 101.0% of the principal amount so repaid, prepaid, refinanced, replaced or repriced. If all or any portion of the Tranche B-1 Term Loans or Tranche B-2 Term Loans, as applicable, held by any Lender is repaid, prepaid, refinanced or replaced pursuant to a “yank-a-bank” or similar provision in the Loan Documents as a result of, or in connection with, such Lender not agreeing or otherwise consenting to any waiver, consent or amendment referred to in clause (ii) above (or otherwise in connection with a Repricing Transaction), such repayment, prepayment, refinancing or replacement will be made at 101.0% of the principal amount so repaid, prepaid, refinanced or replaced.
Term Loan Prepayment Premium. Borrower shall pay to ---------------------------- Lender, concurrently with such prepayment of the Term Loan Principal Balance: (i) a prepayment premium (the "Term Loan Prepayment Premium") equal to (A) five precent (5%) of the amount prepaid if such prepayment is made during the first Loan Year, (B) four percent (4%) of the amount prepaid if such prepayment is made during the second Loan Year, (C) three percent (3%) of the amount prepaid if such prepayment is made during the third Loan Year, and (D) two percent (2%) of the amount prepaid if such prepayment is made during the fourth Loan Year; (ii) accrued and unpaid interest through the date of such prepayment on the principal balance being prepaid; and (iii) any and all of the other Obligations then due which remain unpaid, including without limitation, and the unpaid balance of the Term Loan Maintenance Fee.
Term Loan Prepayment Premium. Borrower agrees to pay to Agent, for the account of each Term Lender on a pro rata basis that holds a portion of the Term Loan, upon a prepayment (including, without limitation, any voluntary or mandatory prepayments pursuant to Section 2.04, upon acceleration or otherwise) of all or a portion of such Term Loan of such Term Lender, the Prepayment Premium on the amount so prepaid.
Term Loan Prepayment Premium. A fully-earned, non-refundable prepayment premium (the “Prepayment Premium”), equal to the following: (i) if the Term Loan is prepaid in full on or prior to the First Anniversary, an amount equal to three percent (3.00%) of the Term Loan Amount (i.e. Seven Hundred Fifty Thousand Dollars ($750,000.00); (ii) if the Term Loan is prepaid in full after the First Anniversary Date but on or prior to the Second Anniversary, an amount equal to two percent (2.00%) of the Term Loan Amount (i.e. Five Hundred Thousand Dollars ($500,000.00); and (iii) if the Term Loan is prepaid in full after the Second Anniversary but prior to the Term Loan Maturity Date, an amount equal to one percent (1.00%) of the Term Loan Amount (i.e. Two Hundred Fifty Thousand Dollars ($250,000.00); provided for the avoidance of doubt, partial prepayments of the Term Loan are not permitted hereunder; provided that no Prepayment Premium shall be charged if the credit facility hereunder is replaced with a new facility from Bank or any of Bank’s Affiliates; and
