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

Examples of Prepayment Fee in a sentence

  • Borrower shall pay the Prepayment Fee, if and when due hereunder[Reserved].

  • Upon any acceleration of the Loan pursuant to this Agreement or any other Loan Document, Borrower shall immediately repay all (or if only a portion is accelerated thereunder, such portion of) the Loan then outstanding, including all accrued and unpaid interest thereon, plus the aggregate Prepayment Fee for the Loan and all other amounts owed under the Loan Documents.

  • On each Payment Date, Borrower shall pay the aggregate principal payments owed with respect to the Loan as set forth in the Promissory Note; provided, however, on the Stated Maturity Date or date of acceleration of the Loan, Borrower shall repay in full the aggregate of then outstanding principal amount of the Loan plus all accrued and unpaid interest thereon, any Prepayment Fee applicable to the Loan and all other amounts owed hereunder and under each Loan Document related to the Loan.


More Definitions of Prepayment Fee

Prepayment Fee means, with respect to any prepayment of the Loans:
Prepayment Fee means 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 has the meaning assigned to such term in Section 2.12(b).
Prepayment Fee means (i) if prepaid in the calendar years 2008 or 2009, 3% of the outstanding principal amount being prepaid; (ii) if prepaid in the calendar year 2010, 2% of the outstanding principal amount being prepaid; and (iii) if prepaid in the calendar year 2011 or thereafter, 1% of the outstanding principal amount being prepaid.
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: