Payment of Prepayment Charges. Any prepayment fees or charges applicable to an Advance shall be payable at the time of any voluntary or involuntary payment of all or part of the principal of such Advance prior to the originally scheduled maturity thereof, including without limitation payments that are made as a part of a liquidation of the Member or that become due by operation of law or as a result of an acceleration pursuant to Section 4.01 hereof, whether such payment is made by the Member, by a conservator, receiver, liquidator or trustee of or for the Member, or by any successor to or any assignee of the Member.
Payment of Prepayment Charges. Any prepayment fees or charges for which provision is made, whether under a Confirmation or otherwise, with respect to any Advance shall be payable at the time of any voluntary or involuntary payment of the principal of such Advance prior to the originally scheduled maturity thereof. This shall include, without limitation, payments that are made in connection with the liquidation of the Institution or that become due as a result of an acceleration by FHLBank pursuant to Section 4.1, whether such payment is made by the Institution, by a trustee, conservator, receiver, liquidator, custodian or similar official, of or for the Institution, or by any successor to or any assignee of the Institution. The Institution acknowledges and agrees that the damages incurred by FHLBank due to a prepayment of an Advance will be difficult to ascertain at the time of such prepayment and, in lieu thereof, the Institution and FHLBank agree that the formula for calculation of the prepayment fee (or for the calculation of the fee payable upon prepayment of a non-prepayable Advance) set forth in the Confirmation or in the Member Products Policy at the time the Advance is issued constitutes a fair, reasonable and good faith estimate of the damages suffered by FHLBank because of such prepayment and is therefore payable as a prepayment fee or charge.
Payment of Prepayment Charges. All prepayment fees and charges described in the Credit and Collateral Policy, or in any Application, Confirmation or Supplemental Documentation, shall be payable at the time of any voluntary or involuntary payment of all or part of the principal of any Liabilities prior to the originally scheduled maturity thereof, including without limitation payments that are made as a part of a liquidation of any Obligor or that become due by operation of law or as a result of an acceleration pursuant to Section 5.02 hereof, whether such payment is made by any Obligor, by a conservator, receiver, liquidator or trustee of or for any Obligor, or by any successor to or any assignee of any Obligor.
Payment of Prepayment Charges. Any prepayment fees or charges applicable to an Advance shall be calculated in accordance with the formula set forth in the Bank’s Credit Policy and shall be payable at the time of any voluntary or involuntary payment of all or part of the principal of such Advance prior to the originally scheduled maturity thereof, including without limitation payments that are made as part of a liquidation of the Member or that become due as a result of an acceleration pursuant to Section 4.01 hereof, whether such payment is made by the Member, by a conservator, receiver, liquidator, Affiliates or trustee of or for the Member, or by any successor to or any assignee of the Member.
Payment of Prepayment Charges. Any prepayment fees or charges for which provision is made, whether under the Advice of Credit, Other Credit Product Agreement, or otherwise, shall be payable at the time of any voluntary or involuntary payment of the principal of such Advance or Other Credit Product prior to the originally scheduled maturity thereof, including without limitation, payments that are made as a part of a liquidation of the Member or that become due as a result of an acceleration pursuant to Section 4.01 hereof, and whether such payment is made by the Member, by a conservator, receiver, liquidator or trustee of or for the Member, or by any successor to or any assignee of the Member. The method of computation for the prepayment fee, unless expressly provided for in the applicable credit documentation, is set forth in the Credit Policies of the
Payment of Prepayment Charges. Any prepayment fees or charges for which provision is made, whether under the Confirmation of Advance or otherwise, with respect to any Advance shall be payable at the time of any voluntary or involuntary payment of the principal of such Advance prior to the originally scheduled maturity thereof. This shall include, without limitation, payments that are made in connection with the liquidation if the Institution or that become due as a result of an acceleration by the Bank pursuant to Section 4.1; whether such payment is made by the Institution, by a trustee, conservator, receiver, liquidator, custodian or similar official, of or for the Institution, or by any successor to or any assignee of the Institution. The Institution acknowledges and agrees that the damages incurred by the Bank due to a prepayment of any Advance will be difficult to ascertain at the time of such prepayment and, in lieu thereof, the Institution and the Bank agree that the following constitutes a fair, reasonable and good faith estimate of the damages suffered by the Bank in the event of such prepayment and is therefore payable as a prepayment fee or charge; the greater of (1) $100 or (2) the present value (using the current Advance rate as the discount rate) of the difference between the scheduled interest payments to be paid on an Advance through maturity and the interest payments that would be collected on an Advance of the same principal amount and remaining maturity as the Advance prepaid issued at the current rate on the day of the prepayment.
Payment of Prepayment Charges. Any prepayment fees or charges for which provision is made, whether under a Confirmation or otherwise, with respect to any Advance shall be payable at the time of any voluntary or involuntary payment of the principal of such Advance prior to the originally scheduled maturity thereof. This shall include, without limitation, payments that are made in connection with the liquidation of the Institution or that become due as a result of an acceleration by the Bank pursuant to Section 4.1, whether such payment is made by the Institution, by a trustee, conservator, receiver, liquidator, custodian or similar official, of or for the Institution or by any successor to or any assignee of the Institution. The Institution acknowledges and agrees that the damages incurred by the Bank due to a prepayment of an Advance will be difficult to ascertain at the time of such prepayment and, in lieu thereof, the Institution and the Bank agree that the formula for calculation of the prepayment fee set forth in the Confirmation or in the Credit Policy at the time the Advance is issued constitutes a fair, reasonable and good faith estimate of the damages suffered by the Bank because of such prepayment and is therefore payable as a prepayment fee or charge. 4.5
Payment of Prepayment Charges. Any prepayment fees or charges for which provision is made, whether under the Advance Application or otherwise with respect to any Advances, shall be due on the earlier of (i) an acceleration of the Indebtedness pursuant to Section 4.01 hereof and (ii) at the time of any voluntary or involuntary payment of the principal of any Advances prior to the originally scheduled maturity thereof including, without limitation, payments that are made as a part of a liquidation of the Member or under any plan of reorganization of the Member, whether such payment is made by the Member, by a conservator, receiver, liquidator or trustee of or for the Member, by the Member as debtor-in-possession, or by any successor to or any assignee of the Member, and shall be payable at the time of any voluntary or involuntary payment of the principal of such Advances prior to the originally scheduled maturity thereof.
Payment of Prepayment Charges. Any prepayment fees or charges for which provision is made, whether under the Advance Application, Other Credit Product Agreement, or otherwise, shall be payable at the time of any voluntary or involuntary payment of the principal of such Advance or Other Credit Product prior to the originally scheduled maturity thereof, including without limitation payments that are made as a part of a liquidation of the Member or that become due as a result of an acceleration pursuant to Section 4.01 hereof, whether such payment is made by the Member, by a conservator, receiver, liquidator or trustee of or for the Member, or by any successor to or any assignee of the Member.
Payment of Prepayment Charges. Any prepayment fees or charges for which provision is made, whether under the Advice of Credit, Funding Agreement, Other Credit Product Agreement, or otherwise, shall be payable at the time of any voluntary or involuntary payment of the principal of such Advance or Other Credit Product prior to the originally scheduled maturity thereof, including without limitation, payments that are made as a part of a liquidation of the Member or that become due as a result of an acceleration pursuant to Section 4.01 hereof, and whether such payment is made by the Member, by a conservator, receiver, liquidator or trustee of or for the Member, or by any successor to or any assignee of the Member. Each such prepayment fee or charge shall constitute an Obligation hereunder. The method of computation for the prepayment fee, unless expressly provided for in the applicable credit documentation, is set forth in the Credit Policies of the FHLBI and may be subject to change from time to time with prior notice to the Member.
