Yield definition
Examples of Yield in a sentence
The Borrower may prepay the Loans subject to the payment of any accrued interest plus the Yield Maintenance Premium applicable to such prepayment.
Upon receipt of such notice, (i) the Seller may revoke any pending request for an Investment referencing Daily 1M SOFR, conversion to Daily 1M SOFR Capital to the extent of the affected Yield Period or determination date(s), as applicable or, failing that, will be deemed to have converted such request into a request for an Investment relating to Base Rate and (ii) any outstanding Daily 1M SOFR Capital shall be deemed to have been converted to Base Rate Capital immediately.
Yield shall accrue on each Investment for the day on which such Investment is made, and shall not accrue on such Investment, or any portion thereof, for the day on which such Investment or such portion is paid; provided that any such Investment that is repaid on the same day on which it is made shall bear yield for one (1) day.
Other than as set forth in the immediately preceding sentence and Section 2.8(b) above, Yield Maintenance Premium shall be due on any prepayment of any Loan prepaid prior to the Yield Maintenance Date.
The Seller shall duly and punctually pay Capital, Yield, Fees and all other amounts payable by the Seller hereunder in accordance with the terms of this Agreement.