Redeployment Costs definition
Examples of Redeployment Costs in a sentence
In connection with any reduction in the Revolving Credit Facility Commitment, the Borrower shall pay to the Bank: (1) additional principal in an amount sufficient so that amount outstanding under the Revolving Credit Loan will not exceed the reduced Commitment, and (2) any Redeployment Costs resulting from the reduction of the Commitment.
On the Revolving Credit Facility Termination Date, the Bank's obligation to make Revolving Credit Loans to the Borrower shall cease and the Borrower shall pay to the Bank all unpaid and outstanding principal due under the Revolving Credit Facility, all accrued and unpaid interest and all other charges, to include Redeployment Costs, due under the Loan Documents.