Pre-payment Fee definition

Pre-payment Fee means a fee, in an amount equal to the net present value as of the date of determination (calculated using a discount rate equal to the Lender Prepayment Discount Rate as of such date of determination) of the fee that would accrue at a rate equal to the Pre-payment Non-Use Fee Rate on the entire Borrowing Limit hereunder (as the same may be increased pursuant to any amendment hereto or amendment and restatement hereof) from the effective date of the termination of this Agreement through and including the Facility Maturity Date.
View Source

Examples of Pre-payment Fee in a sentence

  • The Prepayment Fee shall not apply to or be assessed upon any prepayment made by Borrowers if such payments were required by Agent to be made pursuant to Section 2.1(a)(ii)(B) subpart (i) (relating to casualty proceeds), or subpart (ii) (relating to payments exceeding the Maximum Lawful Rate).

  • The resulting amount of these calculations shall be the LIBOR Rate Loan Prepayment Fee.

  • For the avoidance of doubt, no Prepayment Fee shall be required in connection with any prepayment of an Advance made to cure a Borrowing Base Deficiency.

  • If the result of this calculation is zero or a negative number, then there shall be no LIBOR Rate Loan Prepayment Fee.

  • If the Prepayment Notice specifies Prepayment Fee, it shall also specify the deadline by which the Borrower may accept the Prepayment Notice, and the Borrower must accept the Prepayment Notice no later than such deadline as a condition to prepayment.

  • If the Borrower prepays a Tranche, the Borrower shall pay the relevant Prepayment Fee on the Prepayment Date.

  • Subscribers agree that CDN shall provide services set forth in this Group Subscriber Agreement, Combined Evidence of Coverage and Disclosure Form at the rates specified in the Enrollment Application and the Benefit Schedule upon payment of the monthly or annual Prepayment Fee.

  • The Prepayment Fee, when due hereunder, to be shared between the Lenders in accordance with their respective Pro Rata Shares.

  • On the Prepayment Date, Mezzanine Borrower shall pay to Holder all other sums, excluding scheduled interest payments but including, and not limited to, the Prepayment Fee (provided that no Prepayment Fee shall be payable with respect to a mandatory prepayment from Proceeds under Section 4(b) above), then due Holder under this Note, the Mezzanine Loan Agreement, the Pledge and the other Mezzanine Loan Documents.

  • The entire Principal Amount of this Note, all unpaid accrued interest, all interest that would accrue on the Principal Amount through the end of the Interest Period during which the Maturity Date occurs (even if such period extends beyond the Maturity Date) and all other fees and sums then payable hereunder or under the Mezzanine Loan Documents, including, without limitation the Prepayment Fee (collectively, the Maturity Date Payment), shall be due and payable in full on the Maturity Date.

Related to Pre-payment Fee

  • Late Payment Fee means the excess of the Price Differential paid as a result of its calculation at the Post-Default Rate over the Price Differential as would have been calculated at the Pricing Rate.

  • PRE-PAYMENT The Tenant shall: (check one)

  • Prepayment Fee is, with respect to any Term Loan subject to prepayment prior to the Maturity Date, whether by mandatory or voluntary prepayment, acceleration or otherwise, an additional fee payable to the Lenders in amount equal to:

  • Deferred Sales Charge Payment Date means July 10, 2013 and the tenth day of each month thereafter through November 10, 2013.

  • Ticking Fee has the meaning specified in Section 2.09(b).