Examples of Exit Fee Percentage in a sentence
For purposes only of (i) this Article XIII, and (ii) the definition of Applicable Exit Fee Percentage set forth in Section 1.1 of the Mortgage Loan Agreement, the term “Credit Suisse” shall also include any Affiliate of Credit Suisse.
On the Termination Date or upon any voluntary prepayment of the Term Loan as permitted hereunder or upon any mandatory prepayment of the Term Loan, Borrowers shall pay to Administrative Agent for the benefit of Lenders a fee (the "Exit Fee") equal to the Term Loan Commitment multiplied by the Applicable Exit Fee Percentage.
Upon any acceleration of the Loan, Borrower shall immediately pay to Agent on account of the Exit Fee the amount by which (i) the Exit Fee Percentage of the Outstanding Principal Balance of the Loan exceeds (ii) the total amount of Exit Fees theretofore paid by Borrower pursuant to this Section 2.3.5. All Exit Fees hereunder shall be deemed to be earned by Lenders upon the funding of the Loan.
Administrative Content Executive Content Motion & VotingApprove all Consent Agenda items noted as Consent Agenda and with item Type - "Action (Consent)" with the exception of item 14.
An amount equal to the product of (x) the Exit Fee Percentage set forth opposite the Prepayment Period during which the prepayment occurs pursuant to the provisions of § 3.2, § 3.3(a) or § 3.3(b) multiplied by (y) the principal amount to be prepaid: Facility.
Notwithstanding the foregoing, if the Maturity Date occurs as a result of an Event or Default or the occurrence of one of the events described in clauses (b), (d), (e) or (f) of the definition of the term “Maturity Date” set forth in Section 1.01 hereof, then the Exit Fee Percentage shall be 6%.
Date of Payment Applicable Exit Fee Percentage Prior to December 16, 2014 3.00% On or after December 16, 2014 and prior to December 16, 2015 2.00% On or after December 16, 2015 and prior to December 16, 2016 1.00% On or after December 16, 2016 No Exit Fee Notwithstanding the foregoing, no Exit Fee shall be due or payable in connection with a prepayment made pursuant to Section 2.12(a), Section 2.12(b) or Section 8.2 of this Agreement or Section 5.6(b) of the Mortgage.
Date of Payment Applicable Exit Fee Percentage Prior to October 14, 2014 2.00% On or after October 14, 2014 and prior to July 14, 2015 1.00% On or after July 14, 2015 No Exit Fee Notwithstanding the foregoing, no Exit Fee shall be due or payable in connection with a prepayment made pursuant to Section 8.2 of this Agreement or Section 5.5(b) of the Deed of Trust.
Furthermore, Ford (2009) states that this is the case in other countries around the world, where non-workers are part of labor unions.
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