Break Funding Costs. (a) The Seller will compensate each Purchaser in accordance with the terms of this Section 1.8 for all losses, expenses and liabilities (including any loss, expense or liability incurred by reason of the liquidation or reemployment of deposits or other funds acquired by such Purchaser in order to fund or maintain any Portion of Capital hereunder) as a result of (i) any repayment (in whole or in part) of any Portion of Capital of such Purchaser on any day other than a Settlement Date or (ii) any Funded Purchase not being completed by the Seller in accordance with its request therefor pursuant to Section 1.2. Such losses, expenses and liabilities will include the amount, if any, by which (A) the additional Discount that would have accrued had such repayment or failure to Purchase not have occurred, exceeds (B) the income, if any, received by the applicable Purchaser.
(b) A certificate of a Purchaser (or its related Purchaser Agent) setting forth the amount or amounts necessary to compensate such Purchaser as specified in Section 1.8(a) and delivered to the Seller and the Administrator, shall be conclusive absent manifest error. The Seller shall pay such Purchaser’s related Purchaser Agent (for the account of such Purchaser) the amount shown as due on any such certificate on the first Settlement Date to occur at least 10 days after the Seller’s receipt of such certificate.
Break Funding Costs. If a Loan is repaid prior to the end of its Interest Period, the relevant Borrower must pay to the Bank the Break Funding Costs attributable to that Loan.
Break Funding Costs. In the event that, on any date specified for the making of an Advance in any Drawdown Notice, the Lenders shall not be obliged under this Agreement to make such Advance available under this Agreement, the Borrower shall indemnify and hold the Lenders or any of them, fully harmless against any losses which they may sustain as a result of borrowing or agreeing to borrow funds to meet the drawdown requirement in respect thereof and the certificate of such Lender, absent manifest error, shall be conclusive and binding on the Borrower as to the extent of any such losses.
Break Funding Costs. In the event of (a) the payment of any principal of any Loan other than on the last day of an Interest Period applicable thereto (including as a result of an Event of Default), (b) the failure (other than as a result of a default by such Lender) to prepay any Loan on the date specified in any notice delivered pursuant hereto, or (c) the assignment of any Loan other than on the last day of the Interest Period applicable thereto as a result of a request by the Borrower pursuant to Section 2.17, then, in any such event, each Borrower shall compensate each Lender for the loss, cost and expense sustained by such Lender attributable to such event with respect to the Class of Loans made to such Borrower. Such loss, cost or expense to any Lender shall be deemed to include an amount determined by such Lender to be the excess, if any, of (i) the amount of interest which would have accrued on the principal amount of such Loan had such event not occurred, at the LIBO Rate (minus the Applicable Margin) that would have been applicable to such Loan, for the period from the date of such event to the last day of the then current Interest Period therefor, over (ii) the amount of interest which would accrue on such principal amount for such period at the interest rate which such Lender would bid were it to bid, at the commencement of such period, for dollar deposits of a comparable amount and period from other banks in the eurodollar market (collectively, "Break Funding Costs"). Calculation of all amounts payable to a Lender under this Section 2.15 shall be made as though that Lender had actually funded each of its relevant Loans through the purchase of an eurodollar deposit bearing interest at the rate obtained pursuant to the definition of LIBO Rate in an amount equal to the amount of such Loan and having a maturity comparable to the relevant Interest Period; provided, however, that each Lender may fund each of its Loans in any manner it sees fit and the foregoing assumptions shall be utilized only for the purposes of calculating amounts payable under this Section 2.15. A certificate of any Lender setting forth any amount or amounts that such Lender is entitled to receive pursuant to this Section shall be delivered to the Borrowers (with a copy to the Administrative Agent) and shall be conclusive absent manifest error. The applicable Borrower shall pay such Lender the amount shown as due on any such certificate within 10 days after receipt thereof.
Break Funding Costs the Borrower may, by giving not less than 10 Business Days prior notice to the Bank, prepay the Loan in whole or in part. Each prepayment notice is irrevocable and must specify the relevant date(s) and the amount of the Loan to be prepaid.
Break Funding Costs. Upon any early termination of this Agreement and/or any early prepayment of the Notes for any reason which is not expressly permitted under the Notes, Debtor shall promptly pay Secured Party (in addition to all other amounts due and owing hereunder) an amount equal to the Break-Funding Costs incurred by Secured Party, as such are (a) determined by Secured Party at such time in its reasonable discretion and (b) specified in writing to Debtor.
Break Funding Costs. 7.10.1 The Borrowers shall, within three Business Days of demand by DSF, pay to DSF its Break Funding Costs attributable to any prepayment of the Loan.
7.10.2 The Break Funding Costs shall be determined by DSF and shall be binding on the Borrowers save for manifest errors. If the Break Funding Costs are less than zero, the Break Funding Costs shall be deemed to be zero.
7.10.3 For the avoidance of doubt, any Break Funding Costs shall be in addition to and not in substitution of any Interest Break Costs.
Break Funding Costs. In the event of (i) the payment of any principal of the a SOFR Based Loan other than on the last day of an Interest Period therefor (including as a result of an Event of Default), (ii) the conversion of any SOFR Based Loan other than on the last day of an Interest Period therefor, or (iii) the failure to borrow, convert, continue or prepay the Loan on the date specified in any notice delivered pursuant hereto, then, in any such event, Borrower shall pay Administrative Agent (for the benefit of the Lenders) to compensate for the loss (other than loss of margin or spread), cost and expense attributable to such event. A certificate of Administrative Agent setting forth any amount or amounts that the Lender is entitled to receive pursuant to this Section shall be delivered to Borrower and shall be conclusive absent manifest error. Borrower shall pay Administrative Agent the amount shown as due on any such certificate within fifteen (15) Business Days after receipt thereof.
Break Funding Costs. If the Borrower shall (i) make a payment (whether by way of prepayment, the occurrence of an Event of Default or otherwise) of any amount in respect of a Guaranteed Note other than on an Interest Payment Date or Repayment Date, as the case may be, or (ii) fail to borrow any Loan on the date specified in any Notice of Borrowing, the Borrower hereby unconditionally undertakes and agrees to pay to the Lender, on demand, an amount equal to the amount (if any) by which
(a) the additional interest which would have been payable to the Lender on the amount paid had it been paid on the relevant Interest Payment Date or Repayment Date, as the case may be, exceeds
(b) the amount of interest which in the reasonable opinion of the Lender would have been payable to the Lender on the relevant Interest Payment Date or Repayment Date, as the case may be, in respect of a dollar deposit equal to the amount paid placed by the Lender with a prime bank in London for a period starting on the third Business Day following the date of such payment and ending on the last day of the relevant period. A certificate of the Lender setting forth any amount or amounts that the Lender is entitled to receive pursuant to this Section 13.05 shall be delivered to the Borrower and shall be conclusive absent manifest error.
Break Funding Costs. If Borrower is required to pay any outstanding Eurodollar Borrowings by reason of this Section 2.5 prior to the end of the applicable Interest Period therefor, then Borrower shall pay all amounts due under Section 4.5.
