FILO Prepayment Premium has the meaning specified in the FILO Fee Letter.
FILO Prepayment Premium means, with respect to any prepayment of the FILO Loan (or deemed prepayment in the case of an acceleration of the FILO Loan), a premium equal to (i) two percent (2.00%) of the principal amount of such prepayment (or deemed prepayment in the case of an acceleration of the FILO Loan), if such prepayment (or deemed prepayment in the case of an acceleration of the FILO Loan) is made after the Amendment No. 5 Effective Date but on or prior to the first anniversary of the Amendment No. 5 Effective Date, (ii) one percent (1.00%) of the principal amount of such prepayment (or deemed prepayment in the case of an acceleration of the FILO Loan), if such prepayment (or deemed prepayment in the case of an acceleration of the FILO Loan) is made after the first anniversary of the Amendment No. 5 Effective Date and on or prior to the second anniversary of the Amendment No. 5 Effective Date, and (iii) zero at all times after the second anniversary of the Amendment No. 5 Effective Date.
FILO Prepayment Premium. “FILO Reserve”, “FILO Standstill Period”, “Fixed Charge Coverage Ratio”, “Net Cash Proceeds”, “Payment Conditions”, “Pro Rata Share”, “Protective Advances”, “Ratable Portion”, “Requisite FILO Lenders”, “Term/Notes Refinancing Date” or “Weekly Monitoring Event” (and any component definition of any of the foregoing terms to the extent used therein); provided that, subject to Section 11.14, the foregoing shall not limit the discretion of the Administrative Agent to change, establish or eliminate any Reserves without the consent of any Lenders;
Examples of FILO Prepayment Premium in a sentence
Without limiting the foregoing, concurrently with any prepayment of the FILO Loans made with the consent of each Revolving Credit Lender, the Borrower shall pay any FILO Prepayment Premium due and payable with respect thereto, if applicable.