Common use of Exit Fee Clause in Contracts

Exit Fee. Upon any payment or prepayment of all or a portion of the Term Loans hereunder, whether voluntary or involuntary, prior to, on or after the Maturity Date or following the acceleration of the Obligations hereunder, including as a result of the commencement of any proceeding under any Debtor Relief Law, the Borrower shall pay to each of the Lenders for its own account a fee (the “Exit Fee”) equal to 1.25% of the principal amount of such Lender’s Term Loans so paid or prepaid. Such Exit Fee shall be earned, due and payable immediately upon any such payment or prepayment, and shall be in addition to any accrued and unpaid interest, reimbursement obligations, Prepayment Premium or other amounts payable in connection therewith.

Exit Fee. Upon any payment or prepayment of all in full or a portion in part of the Term Loans hereunder, whether voluntary or involuntary, prior to, on or after the Maturity Date or following the acceleration of the Obligations hereunder, including as a result of the commencement of any proceeding under any Debtor Relief LawInsolvency Proceeding, the Borrower shall pay to each of the Lenders for its own account a fee equal to 3.50% of the aggregate principal amount of such Loans to be paid or prepaid (the “Exit Fee”) equal to 1.25% of the principal amount of such Lender’s Term Loans so paid or prepaid). Such The Exit Fee shall be earned, due and payable immediately upon any such payment or prepayment, and shall be in addition to any accrued and unpaid interest, reimbursement obligations, Prepayment Yield Protection Premium or other amounts payable in connection therewith.

Exit Fee. Upon any payment or prepayment of all in full or a portion in part of the Term Loans hereunder, whether voluntary or involuntary, prior to, on or after the Maturity Date or following the acceleration of the Obligations hereunder, including as a result of the commencement of any proceeding under any Debtor Relief LawInsolvency Proceeding, the Borrower shall pay to each of the Lenders for its own account a fee equal to 3.0% of the aggregate principal amount of such Loans to be paid or prepaid (the “Exit Fee”) equal to 1.25% of the principal amount of such Lender’s Term Loans so paid or prepaid). Such The Exit Fee shall be earned, due and payable immediately upon any such payment or prepayment, and shall be in addition to any accrued and unpaid interest, reimbursement obligations, Prepayment Yield Protection Premium or other amounts payable in connection therewith.

Exit Fee. Upon any payment or prepayment of all in full or a portion in part of the Term Loans hereunder, whether voluntary or involuntary, prior to, on or after the Term Loan Maturity Date or following the acceleration of the Secured Obligations hereunder, including as a result of the commencement of any proceeding under any Debtor Relief LawInsolvency Proceeding, the Borrower Borrowers shall pay to each of the Lenders for its own account a fee equal to [***] of the aggregate principal amount of such Term Loans to be paid or prepaid (the “Exit Fee”) equal to 1.25% of the principal amount of such Lender’s Term Loans so paid or prepaid). Such The Exit Fee shall be earned, due and payable immediately upon any such payment or prepayment, and shall be in addition to any accrued and unpaid interest, reimbursement obligations, Prepayment Yield Protection Premium or other amounts payable in connection therewith.

Exit Fee. Upon any payment or prepayment of all in full or a portion in part of the Term Loans hereunder, whether voluntary or involuntary, prior to, on or after the Maturity Date or following the acceleration of the Obligations hereunder, including as a result of the commencement of any proceeding under any Debtor Relief LawInsolvency Proceeding, the Borrower shall pay to each of the Lenders for its own account a fee equal to two percent (2.0)% of the aggregate principal amount of such Loans to be paid or prepaid (the “Exit Fee”) equal to 1.25% of the principal amount of such Lender’s Term Loans so paid or prepaid). Such The Exit Fee shall be earned, due and payable immediately upon any such payment or prepayment, and shall be in addition to any accrued and unpaid interest, reimbursement obligations, Prepayment Premium or other amounts payable in connection therewith.