Examples of Breakage Fee in a sentence
The amount of such Optional Prepayment Breakage Fee shall be determined by the Bank and absent manifest error shall be conclusive and binding upon the Agency.
The Borrower shall pay to the Lender a Breakage Fee (the “Breakage Fee”) in connection with any prepayment of all or any portion of the Note in accordance with the calculation set forth on Exhibit B hereto; provided that no Breakage Fee will be payable pursuant to this Section 3.05 for prepayment of the Note in whole but not in part on or after December 15, 2020.
Failure to complete the agreement for any reason, including suspension or dismissal from the university or residence communities, may result in a forfeiture of all room and board fees plus a $100 contract Breakage Fee.
Notwithstanding the foregoing, no Breakage Fee shall apply in connection with an extraordinary redemption of the Bonds under Section 4.01 of the Trust Agreement.
Fee Structure Breakage Fee: Accidental physical damage (broken keyboards, housings, etc.) fees will be charged to the student per the list below.