Common use of Breakage Costs and Liquidation Fees Clause in Contracts

Breakage Costs and Liquidation Fees. (i) If (x) the Loan is not made on the date specified by the Borrower in the Notice of Borrowing (or deemed specified pursuant to Section 2.4(A)) for any reason other than default by one or more Lenders, the Borrower agrees to pay applicable Breakage Costs, if any, with respect thereto and (y) the Loan (other than if the Loan is currently bearing interest at the Base Rate) is repaid on a date prior to the last day of any Interest Accrual Period, the Borrower hereby agrees to pay the Liquidation Fees associated with such repayment. The Borrower shall not be responsible for any Liquidation Fees or any other loss, cost, or expenses arising at the time of, and arising solely as a result of, any assignment made pursuant to Section 10.8 and the reallocation of any portion of the Loan of the applicable Lender making such assignment. Except for any Liquidation Fees, all payments and prepayments hereunder shall be made without any penalty or premium.

Breakage Costs and Liquidation Fees. (i) If (x) the Loan any Advance is not made on the date specified by the Borrower in the a Notice of Borrowing (or deemed specified pursuant to Section 2.4(A)) for any reason other than default by one or more Lenders, the Borrower agrees to pay applicable Breakage Costs, if any, with respect thereto and (y) the Loan any Advance (other than if the Loan is currently an Advance bearing interest at the Base Rate) is repaid on a date prior to the last day of any Interest Accrual PeriodPeriod applicable to that Advance, the Borrower hereby agrees to pay the Liquidation Fees associated with such repayment. The Borrower shall not be responsible for any Liquidation Fees or any other loss, cost, or expenses arising at the time of, and arising solely as a result of, any assignment made pursuant to Section 10.8 and the reallocation of any portion of the Loan an Advance of the applicable Lender making such assignmentassignment unless, in each case, such assignment is requested by the Borrower and the applicable Lender is not a Defaulting Lender. Except for any Liquidation Fees, all payments and prepayments hereunder shall be made without any penalty or premium.

Breakage Costs and Liquidation Fees. (i) If (x) the Loan any Advance is not made on the date specified by the Borrower in the a Notice of Borrowing (or deemed specified pursuant to Section 2.4(A)) for any reason other than default by one or more Lenders, the Borrower agrees to pay applicable Breakage Costs, if any, with respect thereto and (y) the Loan any Advance (other than if the Loan is currently an Advance bearing interest at the Base RateRate or Daily Simple SOFR) is repaid on a date prior to the last day of any Interest Accrual PeriodPeriod applicable to that Advance, the Borrower hereby agrees to pay the Liquidation Fees associated with such repayment. The Borrower shall not be responsible for any Liquidation Fees or any other loss, cost, or expenses arising at the time of, and arising solely as a result of, any assignment made pursuant to Section 10.8 and the reallocation of any portion of the Loan an Advance of the applicable Lender making such assignmentassignment unless, in each case, such assignment is requested by the Borrower and the applicable Lender is not a Defaulting Lender. Except for any Liquidation Fees, all payments and prepayments hereunder shall be made without any penalty or premium.

Breakage Costs and Liquidation Fees. (i) If (x) the Loan any Advance is not made on the date specified by the Borrower in the a Notice of Borrowing (or deemed specified pursuant to Section 2.4(A)) for any reason other than default by one or more Lenders, the Borrower agrees to pay applicable Breakage Costs, if any, with respect thereto and (y) the Loan any Advance (other than if the Loan is currently an Advance bearing interest at the Base Rate) is repaid on a date prior to the last day of any Interest Accrual PeriodPeriod applicable to that Advance, the Borrower hereby agrees to pay the Liquidation Fees associated with such repayment. The Borrower shall not be responsible for any Liquidation Fees or any other loss, cost, or expenses arising at the time of, and arising solely as a result of, any assignment made pursuant to Section 10.8 and the reallocation of any portion of the Loan an Advance of the applicable Lender making such assignmentassignment unless, in each case, such assignment is requested by the Borrower and the applicable Lender is not a Defaulting Lender. Except for any Liquidation Fees, all payments and prepayments hereunder shall be made without any penalty or premium.