Prepayment Fee definition

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:
Prepayment Fee has the meaning set forth in the Fee Letter.
Prepayment Fee has the meaning set forth in Section 2.2.

Examples of Prepayment Fee in a sentence

  • Borrowers may prepay the Loan (without Prepayment Fee) in an amount required to satisfy the financial covenants set forth in Section 2.17(a)(iii).


More Definitions of Prepayment Fee

Prepayment Fee means, with respect to any prepayment of the Loans:
Prepayment Fee means, in relation to debt securities and qualifying debt securities, any fee payable by the issuer of the securities on the early redemption of the securities, the amount of which is determined by the terms of the issuance of the securities; and
Prepayment Fee means (i) if prepaid in the calendar year 2006, 3% of the outstanding principal amount being prepaid; (ii) if prepaid in the calendar year 2007, 2% of the outstanding principal amount being prepaid; and (iii) if prepaid in the calendar year 2008 or 2009, 1% of the outstanding principal amount being prepaid.
Prepayment Fee shall have the meaning assigned to such term in Section 2.05(b).
Prepayment Fee means a fee as shown in the letter of offer or any other amount we may set.
Prepayment Fee shall be an amount equal to:
Prepayment Fee shall be an additional fee, payable to Bank, with respect to each Term Loan Advance, in an amount equal to: