Involuntary Prepayment. If the Loan is accelerated for any reason other than casualty or condemnation, Borrowers shall pay to Administrative Agent, for the account of Lenders, in addition to all other amounts outstanding under the Loan Documents, including without limitation, Prorated Interest (if applicable) the Libor Breakage Amount (if applicable), and a prepayment premium equal to the Prepayment Premium, if applicable.
Involuntary Prepayment. If there is an involuntary prepayment during the Lockout Period (as defined in the Note), then Borrower shall, in addition to any portion of the Loan prepaid (together with all interest accrued and unpaid thereon), pay to Lender a prepayment premium in an amount calculated in accordance with Section 5(c) of the Note.
Involuntary Prepayment. If Term Loan C has become due and payable according to the terms hereof because of the occurrence and continuance of an Event of Default, Borrower shall immediately pay to Bank all sums owing thereon. This shall include, at Bank’s option, all principal outstanding, all accrued and unpaid interest, all attorneys’ and professional fees and costs, court costs and expenses, and all other sums, if any, that shall have become due and payable with respect to this Loan Agreement including the Final Payment Fee together with any Make Whole Premium-C.
Involuntary Prepayment. Concurrently with any payment of the Principal Balance received by Lenders resulting from the exercise by Agent and/or Lenders of any remedy available to Agent and/or Lenders subsequent to the occurrence of an Event of Default and the acceleration of Borrowers' Obligations, Borrowers shall pay to Lenders a Prepayment Premium in an amount
Involuntary Prepayment. Any payment of the principal balance of the Loan received by Lender resulting from the exercise by Lender of any remedy available to Lender subsequent to the occurrence of an Event of Default and the acceleration of the Obligations shall be deemed to be a prepayment subject to the provision of this Section 2.06, and the applicable Prepayment Premium (calculated in accordance with subsection 2.06(a)(ii)) and any other payment required under subsection 2.06(a)(ii) shall be payable on demand with respect to such payment.
Involuntary Prepayment. Except as hereinafter provided in this subparagraph (b), if Lender accepts payment which constitutes a prepayment following Lender’s acceleration of the indebtedness evidenced hereby, Borrower shall pay Lender a Yield Maintenance Charge in connection with such prepayment, plus an additional prepayment premium of three percent (3%) of the principal balance of this B Note. Notwithstanding the foregoing, partial prepayments of this B Note shall be permitted without the imposition of a Yield Maintenance Charge and such additional prepayment premium in connection with, and solely to the extent of, Lender’s or A Note Holder’s application of insurance or condemnation proceeds on account of the applicable Loan in accordance with the terms and provisions of the Mortgages; provided, however, if an Event of Default shall have occurred and be continuing at the time of the related casualty or condemnation, in addition to applying such proceeds on account of the applicable Loan as provided in the Mortgages, Borrower shall pay a Yield Maintenance Charge to Lender plus an additional prepayment premium of three percent (3%) of the casualty or condemnation proceeds so applied. In addition to the foregoing, Borrower shall be allowed to make partial prepayments (together with a Yield Maintenance Charge in connection with such prepayment) in accordance with the provisions of Section 2.12 of the Loan Agreement. Any principal prepayments made as permitted by the Loan Documents for which (i) no Yield Maintenance Charge is imposed shall be applied first to the final payment due under this B Note and thereafter to installments due under this B Note in the inverse order of their due date; and (ii) a Yield Maintenance Charge is received shall be applied to then outstanding principal and with respect to such clause (ii) the respective principal and interest portions comprising each Monthly Payment Amount thereafter shall be adjusted accordingly; provided, however, in no circumstance shall such prepayments reduce the Monthly Payment Amount payable hereunder. No notice of prepayment by Borrower shall be required in connection with an application of insurance or condemnation proceeds.
Involuntary Prepayment. At the option of the Lender the entire unpaid principal balance together with accrued interest shall be due and payable in the event of an insured casualty or condemnation by public authority of the Project.
Involuntary Prepayment. If Term Loan C is accelerated pursuant to Section 9.1, following the occurrence of an Event of Default, Borrower shall immediately pay to Bank all sums owing thereon. This shall include, at Bank’s option, all principal outstanding, all accrued and unpaid interest, all attorneys’ and professional fees and costs, court costs and expenses, and all other sums, if any, that shall have become due and payable with respect to this Loan Agreement including the Final Payment Fee-C.
Involuntary Prepayment. If the Term Loan D Advance is accelerated pursuant to Section 9.1 following the occurrence of an Event of Default, Borrower shall immediately pay to Bank all sums owing thereon. This shall include, at Bank’s option, all principal outstanding, all accrued and unpaid interest, all attorneys’ and professional fees and costs, court costs and expenses, and all other sums, if any, that shall have become due and payable with respect to this Loan Agreement including the Final Payment Fee-D.
Involuntary Prepayment. (a) If the Borrower is, or will be, required to pay to an ECA Lender:
(i) a Tax Payment; or
(ii) an Increased Cost, the Borrower may, if the requirement continues, give at least ten (10) Business Days' irrevocable notice to the ECA Facility Agent requesting prepayment and cancellation in respect of that ECA Lender.
(b) The Borrower will only be entitled to serve a notice of prepayment and cancellation pursuant to Clause 7.6(a), if the Head Lessee has requested it to do so pursuant to and in accordance with clause 14.2(a) (Prepayments under ECA Loan Agreement) of the Head Lease.
(c) After notification under Clause 7.6(a) the Borrower shall prepay in full that ECA Lender's share in each ECA Loan made to it on the date specified in Clause 7.6(d).
(d) The date for prepayment under this Clause 7.6 of an ECA Lender's share in a ECA Loan will be the date specified by the Borrower in its notice provided under Clause 7.6(a).
