Repricing Premium definition

Repricing Premium means, in connection with a Repricing Transaction, a premium (expressed as a percentage of the principal amount of such Loans to be prepaid) equal to the amount set forth below:

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Repricing Premium as defined in Section 2.10(c).

Examples of Repricing Premium in a sentence

Any prepayment of the Term B Loans or the Term C Loans pursuant to Section 2.05(a)(i), Section 2.05(b)(iii) or Section 2.05(b)(viii) in connection with a Repricing Event shall be accompanied by the payment of the Repricing Premium, for the ratable account of the Appropriate Lenders with such Term B Loans or Term C Loans that are either repaid, converted or subjected to a pricing reduction in connection with such Repricing Event.
All prepayments under this Section 2.8 shall be accompanied by (i) all interest accrued on the amount prepaid or repaid and all other amounts then due on, or with respect to, such portion of the Loans being prepaid; (ii) any Repricing Premium (in the event of any prepayment made in accordance with Section 2.8(b)) and (iii) any breakage costs that may be owing pursuant to Section 2.16(a) after giving effect to such prepayment.
If the Proposed Change constitutes a Repricing Transaction in respect of any Loans held by such Non-Consenting Lender, the Borrower shall pay to such Non-Consenting Lender the Repricing Premium (if any) as if the outstanding Loans of such Non-Consenting Lender were prepaid or repriced in their entirety in connection with a Repricing Transaction on the date of the consummation of such assignment.
Such Repricing Premium shall be earned, due and payable upon the date of the occurrence of the respective Repricing Event.
Any prepayment of the Term B Loans pursuant to Section 2.05(a)(i), Section 2.05(b)(iii) or Section 2.05(b)(viii) in connection with a Repricing Event shall be accompanied by the payment of the Repricing Premium, for the ratable account of the Appropriate Lenders with such Term B Loans or Incremental Term Loans that are either repaid, converted or subjected to a pricing reduction in connection with such Repricing Event.

More Definitions of Repricing Premium

Repricing Premium has the meaning assigned to such term in Section 2.11(f).

Repricing Premium means a premium of 1.00% of the aggregate principal amount of any Loans being prepaid, to be applied to each of the following prepayments made prior to the first anniversary of the Closing Date:

Repricing Premium in Section 1.01 of the Credit Agreement is hereby amended by:

Repricing Premium means, in connection with a Repricing Transaction on or prior to the date that is twelve months after the Closing Date, a premium equal to 1.00% of the principal amount of the Initial Term Loans subject to such Repricing Transaction (including any Initial Term Loans that are required to be assigned pursuant to Section 9.1(f) in connection with a Repricing Transaction, with such premium applicable to such assigned Initial Term Loans and payable to the applicable assignor but not to the applicable assignee).

Repricing Premium set forth in Section 1.01 of the Credit Agreement is hereby amended by deleting the text “Fourth Incremental Amendment Effective Date” appearing therein and inserting the text “Fifth Term B Loan Refinancing Amendment Effective Date” in lieu thereof.

Repricing Premium means a fee in an amount equal to 1.00% of the aggregate principal amount of all Initial Term Loans of Term Lenders prepaid, refinanced, substituted or replaced or, in the case of an amendment, the principal amount of Initial Term Loans subject to such amendment, in each case, in connection with a Repricing Transaction. Such fees shall be due and payable upon the date of the effectiveness of such Repricing Transaction. “Repricing Transaction” means, (a) all or any portion of the Initial Term Loans is voluntarily prepaid or refinanced with the proceeds of Indebtedness (including any mandatory prepayment pursuant to Section 2.13(c)), the primary purpose of which is to reduce the Yield on such Indebtedness to less than the Yield of the Initial Term Loans (as reasonably determined by Administrative Agent in good faith in a manner consistent with generally accepted financial practices) or (b) any amendment (including a Refinancing Amendment and any assignment by a Term Loan Lender of its Initial Term Loans pursuant to Section 2.22 as a result of such Term Loan Lender’s failure to consent to an amendment, amendment and

Repricing Premium means, in connection with a Repricing Event, a premium (expressed as a percentage of the principal amount of the applicable Term B Loans to be prepaid or subject to the applicable amendment, as the case may be) equal to the amount set forth below: (a) 1.0% on or prior to the six month anniversary of the Fifth Term B Loan Refinancing Amendment Effective Date; and (b) 0% after such date described in clause (a) above. “Request for Credit Extension” means (a) with respect to a Borrowing, conversion or continuation of Term Loans of a given Class or Revolving Credit Loans of a given Class, a Committed Loan Notice, (b) with respect to an L/C Credit Extension, a Letter of Credit Application, and (c) with respect to a Swing Line Loan, a Swing Line Loan Notice. “Required Incremental Term A Loan Lenders” means, as of any date of determination, the Incremental Term A Loan Lenders having more than 50% of the aggregate outstanding principal amount of Incremental Term A Loans; provided that the Incremental Term A Loans of any Defaulting Lender shall be excluded for purposes of making a determination of Required Incremental Term A Loan Lenders. “Required Lenders” means, as of any date of determination, Lenders having more than 50% of the sum of the (a) Total Outstandings (with the aggregate Dollar Amount of each Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Lender for purposes of this definition), (b) aggregate unused Term Commitments and (c) aggregate unused Revolving Credit Commitments; provided that the unused Term Commitment of, unused Revolving Credit Commitment of, and the portion of the Total Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Lenders. “Required Pro Rata Lenders” means, as of any date of determination, Lenders having more than 50% of the sum of the (a) aggregate outstanding principal amount of Incremental Term A Loans and (b) the Dollar Amount of (I) the Revolving Credit Commitments or (II) after termination of Revolving Credit Commitments, the aggregate Revolving Credit Exposure; provided that Loans and Commitments of any Defaulting Lender shall be excluded for purposes of making a determination of Required Pro Rata Lenders. “Required Reimbursement Date” has the meaning specified in Section 2.03(c)(i). “Required Revolving Credit Lenders” means, as of any date of determination, Lenders having more th...