Term Prepayment definition

Term Prepayment. Amount" means, at any time:
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Examples of Term Prepayment in a sentence

  • Each such notice shall specify the applicable Term Prepayment Date and provide a reasonably detailed calculation of the applicable Term Payment Amount.

  • Any prepayment of Term Advances pursuant to this Section 2.4(d)(ii) and any prepayment of Term Advances pursuant to a Repricing Transaction described in the immediately preceding sentence shall be accompanied by the payment of the Term Prepayment Premium, if any is then due.

  • Any prepayment of Term Loans pursuant to this Section 2.10(c) (and any prepayment of Term Loans pursuant to a Repricing Transaction described in the immediately preceding sentence) shall be accompanied by the payment of the Term Prepayment Premium, if any is then due.

  • Such prepayments shall be in an amount equal to (A) in the case of the Revolving Credit Term Tranche Loans, the aggregate amount of such voluntary prepayment of the Revolving Credit Term Tranche Loans and Term Loans multiplied by the Revolver Prepayment Fraction and (B) in the case of the Term Loans, the aggregate amount of such voluntary prepayment of the Revolving Credit Term Tranche Loans and Term Loans multiplied by the Term Prepayment Fraction.

  • Upon ---------------------------------------------------------- the date of any issuance of Public Debt by the Borrower, the Borrower shall prepay the Term Loans in an amount equal to the Term Prepayment Fraction multiplied by the aggregate proceeds of such issuance of Public Debt (net of sales and other commissions and legal and other related expenses incurred in connection with such issuance).

  • The Administrative Agent hereby gives notice of an offer of prepayment made by the Borrower pursuant to Section 2.12(e) of the Credit Agreement of the Term Prepayment Amount (the “Prepayment Amount”).

  • Any such Term Prepayment Fee shall be paid to the Administrative Agent for the ratable benefit of the affected Lenders.

  • Any Extension Term Prepayment Premiums will be distributed to the holders of the Class P Certificates.

  • Any such prepayment pursuant to this Section 2.10(c) shall be accompanied by the payment of the Term Prepayment Premium, if any is then due.

  • The Loan Parties agree and acknowledge that the Supplemental Term Lenders will have suffered damages on account of the early termination of this Agreement or any prepayment of the Supplemental Term Commitments and that, in view of the difficulty in ascertaining the amount of such damages, the Supplemental Term Prepayment Fee constitutes reasonable compensation and liquidated damages to compensate the Supplemental Term Lenders on account thereof.

Related to Term Prepayment

  • Optional Prepayment means prepayment prior to the Maturity Date of the Notes at the option of the Company in whole or in part other than a Special Event Prepayment.

  • Initial Prepayment shall have the meaning set forth in Section 7.2 of this Agreement.

  • ECF Prepayment Amount has the meaning assigned to such term in Section 2.11(b)(i).

  • Prepayment means any prepayment, whether in part or in full, in respect of any Receivable.

  • Partial Prepayment Any payment of principal on a Mortgage Loan, other than a Full Prepayment, which is received in advance of its scheduled Due Date and is not accompanied by an amount of interest representing scheduled interest due on any date or dates in any month or months subsequent to the month of prepayment.