Break Costs definition

Break Costs means the amount (if any) by which:
Break Costs means the aggregate amount of all losses, premiums, penalties, costs and expenses whatsoever certified by the Agent at any time and from time to time as having been incurred by the Lenders or any of them in maintaining or funding their Contributions or in liquidating or re-employing fixed deposits acquired to maintain the same as a result of either:
Break Costs means the amount (if any) which a Lender is entitled to receive under Clause 24.3 (Break Costs).

Examples of Break Costs in a sentence

  • As mentioned in Clauses 2, 3, 5 & 6 of the General Terms and Conditions other costs may arise in connection with the loan including Break Costs as provided in Clause 2.3 of the General Terms and Conditions.

  • First repayment date Monthly Quarterly Number of instalments Final repayment date Early Repayment Date(s) If, during the Fixed Rate Period, you repay the loan (or any part of the loan) on any Early Repayment Date, you will not be charged Break Costs in respect of that repayment.


More Definitions of Break Costs

Break Costs means, in relation to a Payment the amount (if any) by which:
Break Costs means the amount (if any) which a Lender is entitled to receive under this Agreement as compensation if any part of a Loan or overdue amount is prepaid.
Break Costs has the meaning given in Clause 21.2;
Break Costs means all costs, expenses and losses incurred by the Issuer acting in good faith (including without limitation any amounts paid or incurred on account of any GST or similar tax to the extent that input tax credits are not available, Taxes and losses incurred by the Issuer) and notified by the Issuer as payable by the Investor as a result of:
Break Costs means the aggregate amount of all losses, premiums, penalties, costs and expenses whatsoever certified by the Payment Agent at any time and from time to time as having been incurred by the Lenders or any of them in maintaining or funding their Contributions or in liquidating or re-employing fixed deposits acquired to maintain the same as a result of either:
Break Costs means the aggregate of LIBOR (as defined in the applicable Secured Debt Instrument) breakage expenses, prepayment indemnities or other similar amounts that will become payable by the Borrower in respect of any prepayment under any Secured Debt Instruments, or any revocation of a notice of prepayment delivered under any of the foregoing, in each case as further defined in such Secured Debt Instruments.