Breakage Amount has the meaning set forth in Section 3.06 of the Series 2019-1 Class A-1 Note Purchase Agreement.
Breakage Amount has the meaning set forth in Section 3.06.
Breakage Amount means, with respect to the Transaction evidenced hereby (or, in the case of a Voluntary Partial Prepayment the applicable portion thereof that is the subject of such Voluntary Partial Prepayment), the present value of the Spread portion of the Transaction Fee Amounts (discounted using a LIBOR discount curve constructed by the Calculation Agent) that would have been payable to Buyer under such Transaction (or the applicable portion thereof) from (and including) the early Repurchase Date or applicable Prepayment Date (as applicable) to (but excluding) the scheduled Repurchase Date, as determined by the Calculation Agent assuming, solely for purposes of determining such amount, that (i) the Spread is equal to the Relevant Rate, (ii) the Repurchase Price payable upon such termination were to remain outstanding until the originally scheduled Repurchase Date and (iii) Seller has transferred to Buyer Securities on each Purchase Date with an aggregate Purchase Price applicable to each Purchase Date as set out in the “Purchase Price” provisions above.
Examples of Breakage Amount in a sentence
Subject to Section 14.2, payments of principal, Make-Whole Amount, if any, Prepayment Settlement Amount, if any, and Breakage Amount, and interest becoming due and payable on the Notes shall be made in New York, New York.
Prepayment of the Notes to be prepaid pursuant to this Section 8.8 shall be at 100% of the principal amount of such Notes, together with interest on such Notes accrued to, but excluding, the date of prepayment, and including any applicable Breakage Amount, but without Make-Whole Amount, Prepayment Settlement Amount or other premium.
More Definitions of Breakage Amount
Breakage Amount has the meaning specified in Section 2.08.
Breakage Amount means, in connection with each LIBOR-Based Note, the amount, if any, due pursuant to the terms of Section 8.10(b).
Breakage Amount means, in the event Holder has Transferred this Installment Note to secure indebtedness of Holder, the aggregate amount (including breakage, any prepayment or repayment premium or similar costs), if any, that Holder is required to pay, concurrently with the prepayment of this Installment Note, to all permitted pledgees of this Installment Note (or, as applicable, the financing sources for whom such a pledgee serves as agent or trustee) under the agreements governing such indebtedness.
Breakage Amount has the meaning set forth in the Master Repurchase Agreement.
Breakage Amount means an amount, as reasonably calculated by any Lender, equal to the amount of any losses, expenses, liabilities (including, without limitation, any loss (including interest paid) and lost opportunity cost in connection with the re-employment of such funds) that Lender or its Affiliates may sustain in its capacity as a counterparty to any swap, collar, hedge or other instrument relating specifically to the Loan as a result of any prepayment of the Loan (regardless of the source of such prepayment and whether voluntary, by acceleration or otherwise).
Breakage Amount means, with respect to a Conduit Purchaser, for its Allocated Commercial Paper for any Fixed Period during which Notes are repaid (in whole or in part) prior to the end of such Fixed Period, the amount, if any, by which (i) Fixed Period Yield (calculated without taking into account any Breakage Amount), which would have accrued on the amount of the payment of such Conduit Purchaser’s Allocated Commercial Paper during such Fixed Period (as so computed) if such payment had not been made, as the case may be, exceeds (ii) the sum of (A) Fixed Period Yield actually received by such Conduit Purchaser in respect of such Allocated Commercial Paper for such Fixed Period and, if applicable, (B) the income, if any, received by the Conduit Purchaser from the Conduit Purchaser’s investing the proceeds of such payments on such Allocated Commercial Paper.
Breakage Amount means the amount of any loss (excluding loss of anticipated profits), cost or expense incurred by the Alternative Rate Lender (as calculated by it in a commercially reasonable manner, in connection with which the Alternative Rate Lender may use any reasonable averaging or attribution methods) as a result of its termination of, or acquisition of an offsetting position with respect to, all or any portion of any funding or other hedging arrangement entered into by the Alternative Rate Lender in whole or in part in connection with an Alternative Rate Agreement. If the Breakage Amount calculated by the Alternative Rate Lender is a positive number, then such amount shall be payable by the Borrower pursuant to Sections 2.05(a) and 3.05(b) of this Agreement.