Common use of Funding Indemnification -- Prepayment Clause in Contracts

Funding Indemnification -- Prepayment. In addition to all other ------------------------------------- payment obligations hereunder, in the event any Loan which is outstanding as a Eurodollar Loan is prepaid prior to the last day of the applicable Interest Period, whether following a voluntary prepayment or a mandatory prepayment, the Companies shall immediately pay to the Lenders holding the Eurodollar Loans prepaid, through the Administrative Agent, an amount equal to the excess, if any, of (i) the amount of interest which would have accrued on the principal amount of the Eurodollar Loan so prepaid to the last day of the Interest Period for such Eurodollar Loan at the applicable rate of interest hereunder for such Eurodollar Loan over (ii) the interest component of the amount the Administrative Agent would have bid in the London interbank market for dollar deposits of leading banks of amounts comparable to such principal amount repaid and maturities comparable to such period, as reasonably determined by the Administrative Agent, together with an additional amount compensating each such Lender for losses and reasonable expenses incurred by such Lender in connection with such prepayment, including, without limitation, such as may arise out of a re-employment of funds obtained by such Lender and from fees payable to terminate the deposits from which such funds were obtained, such interest amount, losses, and expenses and the method of calculation thereof being set forth in reasonable detail and a statement delivered to the Companies by such Lender. Under no circumstances shall any Lender have any obligation to remit monies to the Companies upon prepayment of any Eurodollar Loan even under circumstances which do not result in the necessity of the payment by the Companies of any amount hereunder. The provisions hereof shall survive termination of this Agreement and payment of the outstanding Loans and all amounts payable hereunder.

Funding Indemnification -- Prepayment. In addition to all ------------------------------------- other ------------------------------------- payment obligations hereunder, in the event any Loan which is outstanding as a Eurodollar Loan is prepaid prior to the last day of the applicable Interest Period, whether following a voluntary prepayment or a mandatory prepayment, notwithstanding that the Companies Loan may have borne interest at the Eurodollar Rate, such Loan shall be deemed to have borne interest as though it were a Fed Funds Loan from the first day of the applicable Interest Period through the date of such prepayment and the Company shall immediately pay to the Lenders holding the Eurodollar Loans prepaid, through the Administrative Agent, an amount equal to the excess, if any, of (i) the amount of Lender interest which would have accrued on the principal amount of the Eurodollar Loan so prepaid to the last day of the Interest Period for such Eurodollar Loan at the applicable rate of interest hereunder Applicable Fed Funds-Based Rate for such Eurodollar Loan over (ii) the interest component of the amount the Administrative Agent would have bid in the London interbank market for dollar deposits of leading banks of amounts comparable to such principal amount repaid and maturities comparable to such period, as reasonably determined by and shall also immediately pay to the Administrative Agent, together with Lender an additional amount compensating each such the Lender for losses and reasonable expenses incurred by such the Lender in connection with such prepayment, including, without limitation, such as may arise out of a re-employment of funds obtained by such the Lender and from fees payable to terminate the deposits from which such funds were obtained, such interest amount, losses, and expenses and the method of calculation thereof being set forth in reasonable detail and a statement delivered to the Companies Company by such the Lender. Under no circumstances shall any the Lender have any obligation to remit monies to the Companies Company upon prepayment of any Eurodollar Loan even under circumstances which do not result in the necessity of the payment by the Companies Company of any amount hereunder. The provisions hereof shall survive termination of this Agreement and payment of the outstanding Loans and all amounts payable hereunder.

Funding Indemnification -- Prepayment. In addition to all other ------------------------------------- payment obligations hereunder, in the event any Loan which is outstanding as a Eurodollar Rate Loan is prepaid prior to the last day of the applicable Interest Period, whether following a voluntary prepayment or a mandatory prepayment, the Companies Company shall immediately pay to the Lenders holding the Eurodollar Rate Loans prepaid, through the Administrative Agent, an amount equal to the excess, if any, of (i) the amount of interest which would have accrued on the principal amount of the Eurodollar Rate Loan so prepaid to the last day of the Interest Period for such Eurodollar Rate Loan at the applicable rate of interest hereunder for such Eurodollar Rate Loan over (ii) the interest component of the amount the Administrative Agent would have bid in the London interbank market Interbank Market for dollar deposits of leading banks of amounts comparable to such principal amount repaid and maturities comparable to such period, as reasonably determined by the Administrative Agent, together with an additional amount compensating each such Lender for losses and reasonable expenses incurred by each such Lender in connection with such prepayment, including, without limitation, such as may arise out of a re-employment of funds obtained by such Lender and from fees payable to terminate the deposits from which such funds were obtained, such interest amount, losses, and expenses and the method of calculation thereof being set forth in reasonable detail and a statement delivered to the Companies Company by each such Lender. Under no circumstances shall any Lender have any obligation to remit monies to the Companies Company upon prepayment of any Eurodollar Rate Loan even under circumstances which do not result in the necessity of the payment by the Companies Company of any amount hereunder. The provisions hereof shall survive termination of this Agreement and payment of the outstanding Loans and all amounts payable hereunder.

Funding Indemnification -- Prepayment. In addition to all other ------------------------------------- payment obligations hereunder, in the event any the Loan which is outstanding as a Eurodollar LIBOR Loan and is prepaid prior to the last day of the applicable Interest Period, whether following a voluntary prepayment or a mandatory prepayment, the Companies Company shall immediately pay to the Lenders holding the Eurodollar Loans prepaid, through the Administrative Agent, Lender an amount equal to the excess, if any, of (i) the amount of interest which would have accrued on the principal amount of the Eurodollar Loan so prepaid to the last day of the applicable Interest Period for such Eurodollar Loan at the applicable rate of interest hereunder for such Eurodollar while the Loan is a LIBOR Loan over (ii) the interest component of the amount the Administrative Agent Lender would have bid in the London interbank market for dollar deposits of leading banks of amounts comparable to such principal amount repaid and maturities comparable to such period, as reasonably determined by the Administrative AgentLender, together with an additional amount compensating each such Lender for losses and reasonable expenses incurred by such Lender in connection with such prepayment, including, without limitation, such as may arise out of a re-employment of funds obtained by such Lender and from fees payable to terminate the deposits from which such funds were obtained, such interest amount, losses, and expenses and the method of calculation thereof being set forth in reasonable detail and a statement delivered to the Companies Company by such Lender. Under no circumstances shall any Lender have any obligation to remit monies to the Companies Company upon prepayment of any Eurodollar while the Loan is a LIBOR Loan even under circumstances which do not result in the necessity of the payment by the Companies Company of any amount hereunder. The provisions hereof shall survive termination of this Agreement and payment of the outstanding Loans Loan and all amounts payable hereunder.