Applicable Prepayment Premium. If a Prepayment Event (other than pursuant to Section 2.01(e)(i)(B) or Section 2.01(e)(i)(D)) occurs after the twelve (12) month anniversary of the Closing Date but on or before the thirty six (36) month anniversary of the Closing Date, the Borrower shall pay to Administrative Agent, for the benefit of all Lenders entitled to a portion of the Affected Principal Amount, a prepayment premium (the “Applicable Prepayment Premium”) on the Affected Principal Amount as follows: Relevant period (number of calendar months elapsed since the Closing Date) Applicable Prepayment Premium as a percentage of the Affected Principal Amount on or after twelve (12) month anniversary and until the twenty-four (24) month anniversary 5.00% on or after the twenty-four (24) month anniversary and until the thirty-six (36) month anniversary 3.00% on or after the thirty-six (36) month anniversary 0.00%
Appears in 5 contracts
Samples: Credit Agreement (Airspan Networks Holdings Inc.), Credit Agreement (Airspan Networks Holdings Inc.), Credit Agreement (Airspan Networks Holdings Inc.)
