Definition of Term Fixed Rate Non-Prepayment Penalty Loan

  1. Term Fixed Rate Non-Prepayment Penalty Loan means a Term Fixed Rate Loan which is not subject to any prepayment or conversion penalties or premiums; provided, however, the Term Fixed Rate Non-Prepayment Penalty Loan cannot be prepaid within one (1) year following conversion.

Definition of Term Fixed Rate Non-Prepayment Penalty Loan in Term Loan Agreement

Term Fixed Rate Non-Prepayment Penalty Loan means a Term Fixed Rate Loan which is not subject to any prepayment or conversion penalties or premiums; provided, however, the Term Fixed Rate Non-Prepayment Penalty Loan cannot be prepaid within one (1) year following conversion.