{"component": "definition", "props": {"groups": [{"snippet": "is defined in Section 3.4.", "size": 75, "snippet_links": [{"key": "section-34", "type": "clause", "offset": [14, 25]}], "samples": [{"hash": "e7dpBvcD6pL", "uri": "/contracts/e7dpBvcD6pL#interest-differential", "label": "Credit Agreement (Nelnet Inc)", "score": 37.2491455078, "published": true}, {"hash": "5v1Qv36P98i", "uri": "/contracts/5v1Qv36P98i#interest-differential", "label": "Credit Agreement (Jack Henry & Associates Inc)", "score": 37.2299804688, "published": true}, {"hash": "521itzm6Q06", "uri": "/contracts/521itzm6Q06#interest-differential", "label": "Credit Agreement (Alliant Energy Corp)", "score": 37.1697463989, "published": true}], "hash": "cd48f4e7dcd70daf1fdc21027ed092c0", "id": 1}, {"snippet": "means that sum equal to the greater of zero or the financial loss incurred by the Lender resulting from prepayment, calculated as the difference between the amount of interest such Lender would have earned (from the investments in money markets as of the Borrowing Date of such Advance) had prepayment not occurred and the interest such Lender will actually earn (from like investments in money markets as of the date of prepayment) as a result of the redeployment of funds from the prepayment. Because of the short-term nature of this facility, the Borrower agrees that Interest Differential shall not be discounted to its present value.", "size": 62, "snippet_links": [{"key": "equal-to", "type": "definition", "offset": [15, 23]}, {"key": "financial-loss", "type": "definition", "offset": [51, 65]}, {"key": "by-the-lender", "type": "clause", "offset": [75, 88]}, {"key": "resulting-from", "type": "definition", "offset": [89, 103]}, {"key": "amount-of-interest", "type": "definition", "offset": [157, 175]}, {"key": "investments-in", "type": "clause", "offset": [216, 230]}, {"key": "money-markets", "type": "definition", "offset": [231, 244]}, {"key": "date-of", "type": "clause", "offset": [265, 272]}, {"key": "the-interest", "type": "clause", "offset": [319, 331]}, {"key": "nature-of-this", "type": "clause", "offset": [521, 535]}, {"key": "the-borrower-agrees", "type": "clause", "offset": [546, 565]}, {"key": "present-value", "type": "clause", "offset": [624, 637]}], "samples": [{"hash": "dF5jQC9O89U", "uri": "/contracts/dF5jQC9O89U#interest-differential", "label": "Credit Agreement (M.D.C. 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Because of the short-term nature of this facility, Borrower agrees that Interest Differential shall not be discounted to its present value. The Borrower hereby acknowledges that the Borrower shall be required to pay Interest Differential with respect to any portion of the principal balance paid or that becomes due before its scheduled due date, whether voluntarily, involuntarily, or otherwise, including, without limitation, any principal payment made following default, demand for payment, acceleration, collection proceedings, foreclosure, sale or other disposition of collateral, bankruptcy or other insolvency proceedings, eminent domain, condemnation or otherwise. Such prepayment fee shall at all times be an Obligation as well as an undertaking by the Borrower to the Lenders whether arising out of a voluntary or mandatory prepayment.", "size": 32, "snippet_links": [{"key": "equal-to", "type": "definition", "offset": [15, 23]}, {"key": "financial-loss", "type": "definition", "offset": [51, 65]}, {"key": "by-the-lender", "type": "clause", "offset": [75, 88]}, {"key": "resulting-from", "type": "definition", "offset": [89, 103]}, {"key": "amount-of-interest", "type": "definition", "offset": [157, 175]}, {"key": "investments-in", "type": "clause", "offset": [216, 230]}, {"key": "money-markets", "type": "definition", "offset": [231, 244]}, {"key": "date-of", "type": "clause", "offset": [265, 272]}, {"key": "the-interest", "type": "clause", "offset": [319, 331]}, {"key": "nature-of-this", "type": "clause", "offset": [521, 535]}, {"key": "present-value", "type": "clause", "offset": [620, 633]}, {"key": "the-borrower-hereby", "type": "clause", "offset": [635, 654]}, {"key": "the-borrower-shall", "type": "clause", "offset": [673, 691]}, {"key": "pay-interest", "type": "clause", "offset": [707, 719]}, {"key": "with-respect-to", "type": "clause", "offset": [733, 748]}, {"key": "principal-balance", "type": "definition", "offset": [768, 785]}, {"key": "scheduled-due-date", "type": "clause", "offset": [822, 840]}, {"key": "without-limitation", "type": "clause", "offset": [903, 921]}, {"key": "principal-payment", "type": "clause", "offset": [927, 944]}, {"key": "demand-for-payment", "type": "definition", "offset": [969, 987]}, {"key": "collection-proceedings", "type": "clause", "offset": [1003, 1025]}, {"key": "sale-or-other-disposition-of-collateral", "type": "clause", "offset": [1040, 1079]}, {"key": "insolvency-proceedings", "type": "definition", "offset": [1101, 1123]}, {"key": "eminent-domain", "type": "clause", "offset": [1125, 1139]}, {"key": "prepayment-fee", "type": "definition", "offset": [1173, 1187]}, {"key": "at-all-times", "type": "definition", "offset": [1194, 1206]}, {"key": "by-the-borrower", "type": "clause", "offset": [1250, 1265]}, {"key": "the-lenders", "type": "clause", "offset": [1269, 1280]}, {"key": "arising-out-of", "type": "definition", "offset": [1289, 1303]}, {"key": "mandatory-prepayment", "type": "definition", "offset": [1319, 1339]}], "samples": [{"hash": "g65gMWBmDDX", "uri": "/contracts/g65gMWBmDDX#interest-differential", "label": "Credit Agreement (Andersons, Inc.)", "score": 33.2464065552, "published": true}, {"hash": "67unA0Lq8wv", "uri": "/contracts/67unA0Lq8wv#interest-differential", "label": "Credit Agreement (Extra Space Storage Inc.)", "score": 32.4798088074, "published": true}, {"hash": "6Go7duoYJTz", "uri": "/contracts/6Go7duoYJTz#interest-differential", "label": "Credit Agreement (Extra Space Storage Inc.)", "score": 31.6365509033, "published": true}], "hash": "c1e3d463e1adeed187889f7f622f30e6", "id": 3}, {"snippet": "means, with respect to any prepayment of a LIBOR Loan on a day other than an Interest Payment Date on which such LIBOR Loan matures, the difference between (a) the per annum interest rate payable with respect to such LIBOR Loan as of the date of the prepayment and (b) the Adjusted LIBOR on, or as near as practicable to, the date of the prepayment for a LIBOR Loan commencing on such date and ending on the last day of the applicable Interest Period. The determination of the Interest Differential by Agent shall be conclusive in the absence of manifest error.", "size": 20, "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [7, 22]}, {"key": "libor-loan", "type": "clause", "offset": [43, 53]}, {"key": "a-day", "type": "definition", "offset": [57, 62]}, {"key": "interest-payment-date", "type": "clause", "offset": [77, 98]}, {"key": "per-annum", "type": "clause", "offset": [164, 173]}, {"key": "interest-rate", "type": "definition", "offset": [174, 187]}, {"key": "date-of", "type": "clause", "offset": [238, 245]}, {"key": "adjusted-libor", "type": "definition", "offset": [273, 287]}, {"key": "commencing-on", "type": "clause", "offset": [366, 379]}, {"key": "day-of", "type": "clause", "offset": [413, 419]}, {"key": "applicable-interest-period", "type": "definition", "offset": [424, 450]}, {"key": "the-interest", "type": "clause", "offset": [473, 485]}, {"key": "agent-shall", "type": "definition", "offset": [502, 513]}, {"key": "manifest-error", "type": "clause", "offset": [546, 560]}], "samples": [{"hash": "k1o5UZJFQ7T", "uri": "/contracts/k1o5UZJFQ7T#interest-differential", "label": "Warehousing Credit Agreement (PLM Equipment Growth Fund Vi)", "score": 21.0, "published": true}, {"hash": "bWxXVmsjJg5", "uri": "/contracts/bWxXVmsjJg5#interest-differential", "label": "Warehousing Credit Agreement (PLM Equipment Growth & Income Fund Vii)", "score": 21.0, "published": true}, {"hash": "bD2CLD1Ox0r", "uri": "/contracts/bD2CLD1Ox0r#interest-differential", "label": "Warehousing Credit Agreement (PLM Equipment Growth Fund V)", "score": 21.0, "published": true}], "hash": "3e56cfc40a494fce677ab3e7865d825b", "id": 4}, {"snippet": "means the greater of zero and the financial loss incurred by the Lender resulting from prepayment, calculated as the difference between the amount of interest such \u2587\u2587\u2587\u2587\u2587\u2587 would have earned (from like investments as of the first day of the Interest Period) had prepayment not occurred and the interest such \u2587\u2587\u2587\u2587\u2587\u2587 will actually earn (from like investments as of the date of prepayment) as a result of the redeployment of funds from the prepayment. Because of the short-term duration of any Interest Period, the Borrower agrees that the Interest Differential shall not be discounted to its present value. The Borrower hereby acknowledges that the Borrower shall be required to pay Interest Differential with respect to any portion of the principal balance accelerated or paid before the end of the Interest Period for such Term SOFR Borrowing, whether voluntarily, involuntarily, or otherwise, including without limitation any principal payment required upon maturity when the Borrower has elected an Interest Period that extends beyond the scheduled maturity date of such Loan and any principal payment required following default, demand for payment, acceleration, collection proceedings, foreclosure, sale or other disposition of collateral, bankruptcy or other insolvency proceedings, eminent domain, condemnation, application of insurance proceeds, or otherwise. Such Interest Differential shall at all times be an Obligation as well as an undertaking by the Borrower to the Lenders whether arising out of a voluntary or mandatory prepayment. A certificate of any Lender setting forth any amount or amounts that such Lender is entitled to receive pursuant to this Section 3.4 shall be delivered to the Borrower and shall be conclusive absent manifest error. The Borrower shall pay such Lender the amount shown as due on any such certificate within 10 days after receipt thereof.", "size": 20, "snippet_links": [{"key": "financial-loss", "type": "definition", "offset": [34, 48]}, {"key": "by-the-lender", "type": "clause", "offset": [58, 71]}, {"key": "resulting-from", "type": "definition", "offset": [72, 86]}, {"key": "amount-of-interest", "type": "definition", "offset": [140, 158]}, {"key": "day-of", "type": "clause", "offset": [228, 234]}, {"key": "the-interest", "type": "clause", "offset": [235, 247]}, {"key": "date-of", "type": "clause", "offset": [365, 372]}, {"key": "duration-of", "type": "definition", "offset": [473, 484]}, {"key": "the-borrower-agrees", "type": "clause", "offset": [506, 525]}, {"key": "present-value", "type": "clause", "offset": [588, 601]}, {"key": "the-borrower-hereby", "type": "clause", "offset": [603, 622]}, {"key": "the-borrower-shall", "type": "clause", "offset": [641, 659]}, {"key": "pay-interest", "type": "clause", "offset": [675, 687]}, {"key": "with-respect-to", "type": "clause", "offset": [701, 716]}, {"key": "principal-balance", "type": "definition", "offset": [736, 753]}, {"key": "term-sofr-borrowing", "type": "definition", "offset": [821, 840]}, {"key": "including-without-limitation", "type": "clause", "offset": [892, 920]}, {"key": "payment-required", "type": "clause", "offset": [935, 951]}, {"key": "upon-maturity", "type": "clause", "offset": [952, 965]}, {"key": "an-interest-period", "type": "clause", "offset": [996, 1014]}, {"key": "scheduled-maturity-date", "type": "definition", "offset": [1039, 1062]}, {"key": "demand-for-payment", "type": "definition", "offset": [1130, 1148]}, {"key": "collection-proceedings", "type": "clause", "offset": [1164, 1186]}, {"key": "sale-or-other-disposition-of-collateral", "type": "clause", "offset": [1201, 1240]}, {"key": "insolvency-proceedings", "type": "definition", "offset": [1262, 1284]}, {"key": "eminent-domain", "type": "clause", "offset": [1286, 1300]}, {"key": "application-of-insurance-proceeds", "type": "clause", "offset": [1316, 1349]}, {"key": "at-all-times", "type": "definition", "offset": [1398, 1410]}, {"key": "by-the-borrower", "type": "clause", "offset": [1454, 1469]}, {"key": "the-lenders", "type": "clause", "offset": [1473, 1484]}, {"key": "arising-out-of", "type": "definition", "offset": [1493, 1507]}, {"key": "mandatory-prepayment", "type": "definition", "offset": [1523, 1543]}, {"key": "certificate-of", "type": "definition", "offset": [1547, 1561]}, {"key": "to-receive", "type": "definition", "offset": [1638, 1648]}, {"key": "pursuant-to", "type": "clause", "offset": [1649, 1660]}, {"key": "section-34", "type": "clause", "offset": [1666, 1677]}, {"key": "to-the-borrower", "type": "definition", "offset": [1697, 1712]}, {"key": "manifest-error", "type": "clause", "offset": [1744, 1758]}, {"key": "days-after", "type": "definition", "offset": [1853, 1863]}], "samples": [{"hash": "e7dpBvcD6pL", "uri": "/contracts/e7dpBvcD6pL#interest-differential", "label": "Credit Agreement (Nelnet Inc)", "score": 37.2491455078, "published": true}, {"hash": "bCjsrUItRPy", "uri": "/contracts/bCjsrUItRPy#interest-differential", "label": "Credit Agreement (Otter Tail Corp)", "score": 35.9568786621, "published": true}], "hash": "741994e243a964e7ceba3a6bfe122cc0", "id": 5}, {"snippet": "means that sum amount, not less than $0, equal to the financial loss incurred by each Bank resulting from such event, calculated as the difference between the amount of interest such Bank would have earned (from like investments in the Money Markets as of the first day of the Interest Period of the relevant Advance) had such event not occurred and the interest the Bank will actually earn (from like investments in the Money Markets as of the date of such event) as a result of the redeployment of funds from such event. Because of the short-term nature of this facility, the Borrower agrees that the Interest Differential shall not be discounted to its present value. The term \u201cMoney Markets\u201d refers to one or more wholesale funding markets available to the Banks, including negotiable certificates of deposit, commercial paper, LIBOR deposits, bank notes, federal funds and others. Such determinations by each Bank of shall be conclusive in the absence of manifest error.", "size": 17, "snippet_links": [{"key": "equal-to", "type": "definition", "offset": [41, 49]}, {"key": "financial-loss", "type": "definition", "offset": [54, 68]}, {"key": "each-bank", "type": "clause", "offset": [81, 90]}, {"key": "resulting-from", "type": "definition", "offset": [91, 105]}, {"key": "amount-of-interest", "type": "definition", "offset": [159, 177]}, {"key": "investments-in", "type": "clause", "offset": [217, 231]}, {"key": "money-markets", "type": "definition", "offset": [236, 249]}, {"key": "day-of", "type": "clause", "offset": [266, 272]}, {"key": "period-of", "type": "clause", "offset": [286, 295]}, {"key": "relevant-advance", "type": "definition", "offset": [300, 316]}, {"key": "the-bank-will", "type": "clause", "offset": [363, 376]}, {"key": "date-of", "type": "clause", "offset": [445, 452]}, {"key": "nature-of-this", "type": "clause", "offset": [549, 563]}, {"key": "the-borrower-agrees", "type": "clause", "offset": [574, 593]}, {"key": "present-value", "type": "clause", "offset": [656, 669]}, {"key": "the-term", "type": "definition", "offset": [671, 679]}, {"key": "available-to", "type": "definition", "offset": [744, 756]}, {"key": "the-banks", "type": "clause", "offset": [757, 766]}, {"key": "certificates-of-deposit", "type": "clause", "offset": [789, 812]}, {"key": "commercial-paper", "type": "clause", "offset": [814, 830]}, {"key": "bank-notes", "type": "definition", "offset": [848, 858]}, {"key": "federal-funds", "type": "definition", "offset": [860, 873]}, {"key": "bank-of", "type": "clause", "offset": [914, 921]}, {"key": "manifest-error", "type": "clause", "offset": [960, 974]}], "samples": [{"hash": "kKpWpwIIyt3", "uri": "/contracts/kKpWpwIIyt3#interest-differential", "label": "Credit Agreement (Otter Tail Corp)", "score": 32.7563323975, "published": true}, {"hash": "df26w9uYHTM", "uri": "/contracts/df26w9uYHTM#interest-differential", "label": "Credit Agreement (Otter Tail Corp)", "score": 32.7563323975, "published": true}, {"hash": "d8ltVCiyJ83", "uri": "/contracts/d8ltVCiyJ83#interest-differential", "label": "Term Loan Agreement (Otter Tail Corp)", "score": 27.35181427, "published": true}], "hash": "987e5104a6b6d5b40186543e8cf57128", "id": 6}, {"snippet": "means the greater of zero and the financial loss incurred by the Lender resulting from prepayment, calculated as the difference between the amount of interest such \u2587\u2587\u2587\u2587\u2587\u2587 would have earned (from like investments as of the first day of the Interest Period) had prepayment not occurred and the interest such \u2587\u2587\u2587\u2587\u2587\u2587 will actually earn (from like investments as of the date of prepayment) as a result of the redeployment of funds from the prepayment. Because of the short-term duration of any Interest Period, the Borrower agrees that the Interest Differential shall not be discounted to its present value. The Borrower hereby acknowledges that the Borrower shall be required to pay Interest Differential with respect to any portion of the principal balance accelerated or paid before the end of the Interest Period for such Term SOFR Borrowing, whether voluntarily, involuntarily, or otherwise, including without limitation any principal payment required upon maturity when the Borrower has elected an Interest Period that extends beyond the scheduled maturity date of such Loan and any principal payment required following default, demand for payment, acceleration, collection proceedings, foreclosure, sale or other disposition of collateral, bankruptcy or other insolvency proceedings, eminent domain, condemnation, application of insurance proceeds, or otherwise. Such Interest Differential shall at all times be an Obligation as well as an undertaking by the Borrower to the Lenders whether arising out of a voluntary or mandatory prepayment.", "size": 17, "snippet_links": [{"key": "financial-loss", "type": "definition", "offset": [34, 48]}, {"key": "by-the-lender", "type": "clause", "offset": [58, 71]}, {"key": "resulting-from", "type": "definition", "offset": [72, 86]}, {"key": "amount-of-interest", "type": "definition", "offset": [140, 158]}, {"key": "day-of", "type": "clause", "offset": [228, 234]}, {"key": "the-interest", "type": "clause", "offset": [235, 247]}, {"key": "date-of", "type": "clause", "offset": [365, 372]}, {"key": "duration-of", "type": "definition", "offset": [473, 484]}, {"key": "the-borrower-agrees", "type": "clause", "offset": [506, 525]}, {"key": "present-value", "type": "clause", "offset": [588, 601]}, {"key": "the-borrower-hereby", "type": "clause", "offset": [603, 622]}, {"key": "the-borrower-shall", "type": "clause", "offset": [641, 659]}, {"key": "pay-interest", "type": "clause", "offset": [675, 687]}, {"key": "with-respect-to", "type": "clause", "offset": [701, 716]}, {"key": "principal-balance", "type": "definition", "offset": [736, 753]}, {"key": "term-sofr-borrowing", "type": "definition", "offset": [821, 840]}, {"key": "including-without-limitation", "type": "clause", "offset": [892, 920]}, {"key": "payment-required", "type": "clause", "offset": [935, 951]}, {"key": "upon-maturity", "type": "clause", "offset": [952, 965]}, {"key": "an-interest-period", "type": "clause", "offset": [996, 1014]}, {"key": "scheduled-maturity-date", "type": "definition", "offset": [1039, 1062]}, {"key": "demand-for-payment", "type": "definition", "offset": [1130, 1148]}, {"key": "collection-proceedings", "type": "clause", "offset": [1164, 1186]}, {"key": "sale-or-other-disposition-of-collateral", "type": "clause", "offset": [1201, 1240]}, {"key": "insolvency-proceedings", "type": "definition", "offset": [1262, 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