Break Costs definition

Break Costs means the amount (if any) by which:
Break Costs means the amount (if any) which a Lender is entitled to receive under Clause 24.3 (Break Costs).

Examples of Break Costs in a sentence

  • The Borrowers shall, on demand by the Lender, pay to the Lender its Break Costs (if any) attributable to all or any part of a Term SOFR Loan being paid by the Borrowers on a day prior to the last day of an Interest Period for that Term SOFR Loan.

  • The Borrower shall, within three Business Days of demand by the Lender, pay to the Lender its Break Costs (if any) attributable to all or any part of a Term SOFR Loan being paid by the Borrower on a day prior to the last day of an Interest Period for that Term SOFR Loan.


More Definitions of Break Costs

Break Costs means the amount (if any) which a Lender is entitled to receive under this Agreement as compensation if any part of a Loan or overdue amount is prepaid.
Break Costs means the aggregate amount of all losses, premiums, penalties, costs and expenses whatsoever certified by the Agent at any time and from time to time as having been incurred by the Lenders or any of them in maintaining or funding their Contributions or in liquidating or re-employing fixed deposits acquired to maintain the same as a result of either:
Break Costs has the meaning given in Clause 21.2;
Break Costs means the aggregate amount of all losses, premiums, penalties, costs and expenses whatsoever certified by the Bank at any time and from time to time as having been incurred by it in maintaining or funding the Loan or in liquidating or re employing fixed deposits acquired to maintain the same as a result of either:
Break Costs means all costs, expenses and losses incurred by the Issuer acting in good faith (including without limitation any amounts paid or incurred on account of any GST or similar tax to the extent that input tax credits are not available, Taxes and losses incurred by the Issuer) and notified by the Issuer as payable by the Investor as a result of:
Break Costs means any amount specified as such in the Reference Rate Terms.
Break Costs means the aggregate of LIBOR (as defined in the applicable Secured Debt Instrument) breakage expenses, prepayment indemnities or other similar amounts that will become payable by the Borrower in respect of any prepayment under any Secured Debt Instruments, or any revocation of a notice of prepayment delivered under any of the foregoing, in each case as further defined in such Secured Debt Instruments.