Examples of Term Loan Termination Fee in a sentence
If the Term Loan has become due and payable according to the terms hereof because of the occurrence and continuance of an Event of Default, Borrower shall pay to Bank on the date that the Term Loan has become due and payable according to the terms hereof, in addition to any other sums owing, a termination fee equal to the Term Loan Termination Fee, and such Term Loan Termination Fee shall bear interest until paid at a rate equal to the highest rate applicable to the Obligations.
The Term Loan Termination Fee, when due pursuant to the terms of Section 2.1.1(c).
Borrower may repay any Term Loan at any time prior to the Term Loan Maturity Date subject to payment of the Term Loan Termination Fee, as defined in Section 2.1.5(c) below.
Any Termination Fee, Deferred Term Loan Termination Fee, Commitment Fee, and all Unused Line Fees and Monitoring Fees shall be due and payable in accordance with Section 2.4 of this Agreement.
Notwithstanding the foregoing, if Borrower prepays any Term Advance at any time with a new credit facility from Bank, the Term Loan Termination Fee shall not be applied to such Term Advance.
No Term Loan Termination Fee shall be applicable to a prepayment or partial prepayment that occurs (i) after two calendar years of the Effective Date or (ii) in connection with any event described in Sections 3.6 and 3.7 hereof provided that such event occurs only with respect to Bank or an assignee to whom an assignment has been made pursuant to Section 12.2.
Such Term Loan Termination Fee shall bear interest until paid at a rate equal to the highest rate applicable to the Obligations.
The Term Loan Termination Fee, if not paid on the date of prepayment of the Term Loan in accordance with this Section 2.1.5(c), shall bear interest until paid at a rate equal to the highest rate applicable to the Obligations.
Borrower shall pay the Term Loan Termination Fee to Lender, if and when applicable.
The Term Loan Termination Fee, if not paid on the date of prepayment of the Term Loan in accordance with this Section 2.1.3 (c), shall bear interest until paid at a rate equal to the highest rate applicable to the Obligations.