Make-Whole Fees definition
Examples of Make-Whole Fees in a sentence
Payments of Yield and Fees, including any Unused Fee, Make-Whole Fees or Optional Prepayment Penalty shall be allocated and applied to the Lenders pro rata based upon the respective amounts of such Yield and Fees due and payable thereto as determined pursuant to Section 2.03(c).
In connection with any such reduction of Advances Outstanding, the Borrower shall deliver to the Administrative Agent (i) instructions to reduce such Advances Outstanding and (ii) funds sufficient to repay such Advances Outstanding and all due and unpaid Interest, Unused Fees, Make-Whole Fees, Early Termination Fees and Breakage Costs (if any) related to such reduced Advances Outstanding.
All computations of interest and all computations of Yield, Non-Usage Fees, Make-Whole Fees and other fees hereunder shall be made on the basis of a year of 360 days for the actual number of days (including the first but excluding the last day) elapsed, other than calculations with respect to the Base Rate, which shall be based on a year consisting of 365 or 366 days, as applicable.