Contracted Funds Breakage Fees. The Borrower may prepay the principal amount of the Revolving Note at any time, whether voluntarily or by acceleration, provided, however, that if the principal amount of any Revolving Note LIBOR Advance is prepaid, the Borrower shall pay to the Lender immediately upon demand a contracted funds breakage fee equal to the sum of the discounted monthly differences for each month from the month of prepayment through the month in which such Interest Period matures, calculated as follows for each such month:
Appears in 5 contracts
Samples: Credit and Security Agreement (Corsair Components, Inc.), Credit and Security Agreement (Corsair Components, Inc.), Credit and Security Agreement and Waiver of Defaults (Corsair Components, Inc.)
Contracted Funds Breakage Fees. The Borrower may prepay the principal amount of the Revolving Note at any timetime in any amount, whether voluntarily or by acceleration, provided, however, that if the principal amount of any Revolving Note LIBOR Advance is prepaid, the Borrower shall pay to the Lender immediately upon demand a contracted funds breakage fee equal to the sum of the discounted monthly differences for each month from the month of prepayment through the month in which such Interest Period matures, calculated as follows for each such month:
Appears in 5 contracts
Samples: Credit and Security Agreement (Christopher & Banks Corp), Credit and Security Agreement (Pure Earth, Inc.), Credit and Security Agreement (Newtek Business Services Inc)
Contracted Funds Breakage Fees. The Borrower may prepay the principal amount of the Revolving Note at any time, whether voluntarily or by acceleration, provided, however, that if the principal amount of any Revolving Note LIBOR Advance is prepaid, the Borrower shall pay to the Lender immediately upon demand a contracted funds breakage fee equal to the sum of the discounted monthly differences for each month from the month of prepayment through the month in which such Interest Period matures, calculated as follows for each such month:
Appears in 1 contract
Samples: Credit and Security Agreement by And (Miscor Group, Ltd.)
Contracted Funds Breakage Fees. The Borrower Borrowers may prepay the principal amount of the Revolving any Note at any time, whether voluntarily or by acceleration, provided, however, that if the principal amount of any Revolving Note LIBOR Advance is prepaid, the Borrower Borrowers shall pay to the Lender immediately upon demand a contracted funds breakage fee equal to the sum of the discounted monthly differences for each month from the month of prepayment through the month in which such Interest Period matures, calculated as follows for each such month:
Appears in 1 contract
Contracted Funds Breakage Fees. The Borrower Company may prepay the principal amount of the Revolving Note at any timetime in any amount, whether voluntarily or by acceleration, provided, however, that if the principal amount of any Revolving Note LIBOR Advance is prepaid, the Borrower Company shall pay to the Lender Xxxxx Fargo immediately upon demand a contracted funds breakage fee equal to the sum of the discounted monthly differences for each month from the month of prepayment through the month in which such Interest Period matures, calculated as follows for each such month:
Appears in 1 contract
Samples: Credit and Security Agreement (Gvi Security Solutions Inc)
