Yield Maintenance Premium. In the event of any prepayment or repayment of any Fixed Rate Amount of the Rollover Term Loan of any Lender, whether as a result of any mandatory or optional prepayment pursuant to this Agreement, any Event of Default or any other reason, the Borrowers shall pay to such Lender, at the time of such prepayment or repayment and in addition to the principal amount of such Rollover Term Loan being prepaid or repaid and accrued interest thereon, an amount equal to the Yield-Maintenance Premium (as defined below) with respect to such principal amount, determined as of the date of such prepayment or repayment; provided, however, that no Yield-Maintenance Premium shall be payable with respect to any scheduled repayment of any Rollover Term Loan in accordance with Section 2.05(c), any prepayment or repayment of any Capitalized Rollover Interest Amount, any mandatory prepayment in accordance 62 57
Appears in 3 contracts
Sources: Credit Agreement (Northwestern Steel & Wire Co), Credit Agreement (Northwestern Steel & Wire Co), Credit Agreement (Northwestern Steel & Wire Co)