Prepayment indemnity. If the Borrower shall make a prepayment on a Business Day other than the last day of an Interest Period, it shall pay to the Agent on behalf of the Banks such amount which is necessary to compensate the Banks for any Break Costs incurred by the Agent or any of the Banks as a result of the prepayment in question.
Prepayment indemnity. If the Borrower shall, subject always to Clause 6.2, make a prepayment on a Business Day other than the last day of an Interest Period, it shall pay to the Agent on behalf of the Banks any amount which is necessary to compensate the Banks for any Break Costs incurred by the Agent or any of the Banks as a result of the prepayment in question.
Prepayment indemnity. If the Borrower shall, subject always to Clause 5.3 or Clause 5.4 (as the case may be) , make a prepayment on a Business Day other than the last day of an Interest Period in respect of the whole or any part of the Loan, it shall, in addition to the amount prepaid, any Prepayment Fee and accrued interest, pay to the Lender any amount which the Lender may certify is necessary to compensate the Lender for any Break Costs incurred by the Lender as a result of the making of the prepayment in question. The Borrower shall also pay on demand, in all circumstances and irrespective of the date on which any prepayment is made, such amount as the Lender as Swap Provider shall certify as shall be necessary to compensate the Lender for any losses under the Hedging Agreement arising out of such prepayment or any payment deferral under Clause 5.9. The Hedging Agreement shall be adjusted by the Lender upon (i) any prepayment howsoever made or (ii) any payment deferral under Clause 5.9, to reflect such prepayment or payment deferral (as the case may be). No further fees or penalties shall be payable in respect of any such prepayment or deferral. The Borrower shall be entitled to be credited with and the Lender agrees to pay to the Borrower any Break Gains subject always to any right of set-off on the part of the Lender and provided no Potential Event of Default or Event of Default shall have occurred.
Prepayment indemnity. In fixed interest credit facilities made available as a house finance, if and when the Credit Customer repays total amount of loans or one or more undue installments thereof at any time prior to the due dates thereof, then and in this case, the Credit Customer hereby agrees and undertakes to pay a Prepayment Indemnity equal to: • maximum 1% (one percent) of the prepaid amount calculated by the Bank by making the required reduction of interest, in the case of loans the remaining maturity of which does not exceed 36 (thirty-six) months, or • maximum 2% (two percent) of the prepaid amount calculated by the Bank by making the required reduction of interest, in the case of loans the remaining maturity of which exceeds 36 (thirty-six) months.
Prepayment indemnity. If the Borrower shall, subject always to Clause 5.3, make a voluntary prepayment on a Business Day other than the last day of an Interest Period in respect of the whole of the Loan, it shall, in addition to the amount prepaid, the fee payable pursuant to Clause 5.3 and accrued interest, pay to the Agent on behalf of the Banks any amount which the Agent may certify is necessary to compensate the Banks for any Break Costs incurred by the Agent or any of the Banks as a result of the making of the prepayment in question. The Agent will give a non-binding estimate of Break Costs within three days of receipt of any request from the Borrower for such an estimate but the Break Costs payable will be those actually incurred on the date of prepayment.
Prepayment indemnity. 10. The definition of “Prepayment Indemnity” under article 1.2 (Definitions) shall be deleted in its entirety and replaced with the following:
Prepayment indemnity. In the case of an Indemnifiable Prepayment Event, the indemnity, if any, shall be determined in accordance with Article 4.02B(1)
Prepayment indemnity. If the Borrower shall, subject always to Clause 5.3, make a prepayment on a Business Day other than the last day of an Interest Period in respect of the whole of the Loan, it shall, in addition to the amount prepaid and accrued interest, pay to the Bank any amount which the Bank may certify is necessary to compensate the Bank for any Break Costs incurred by the Bank as a result of the making of the prepayment in question.
Prepayment indemnity. On account of any losses suffered by the Lender as a result of the prepayment of the whole or any part of the Facility in accordance with Clauses 8.1 (Voluntary prepayment) or 8.2 (Mandatory prepayment), the Borrower shall pay to the Lender an indemnity equal to the aggregate amount of:
Prepayment indemnity. In fixed interest credit facilities made available as a house finance, if and when the Credit Customer repays total amount of loans or one or more undue installments thereof at any time prior to the due dates thereof, then and in this case, the Credit Customer hereby agrees and undertakes to pay a Prepayment Indemnity equal to: • maximum 1% (one percent) of the prepaid amount calculated by the Bank by making the required reduction of interest, in the case of loans the remaining maturity of which does not exceed 36 (thirty-six) months, or • maximum 2% (two percent) of the prepaid amount calculated by the Bank by making the required reduction of interest, in the case of loans the remaining maturity of which exceeds 36 (thirty-six) months. In house finance credits, the Prepayment Indemnity cannot exceed total amount of discount to be made to the Credit Customer. The Bank will have the right to freely determine and change the prepayment indemnity within the limits stipulated by the applicable laws.
