Common use of Prepayment Premiums Clause in Contracts

Prepayment Premiums. If all or any portion of the Loans are prepaid, or required to be prepaid, pursuant to this Section 2.03, Article IX (whether by acceleration or otherwise) or otherwise, then, in all cases, the Borrower shall pay to the Lenders, for their respective ratable accounts, on the date on which such prepayment is paid or required to be paid, in addition to the other Obligations so prepaid or required to be prepaid, a prepayment premium equal to: (i) with respect to any prepayment paid or required to be paid on or prior to December 31, 2021, fifteen percent (15.00%) of the principal amount of the Loans prepaid or required to be prepaid, (ii) with respect to any prepayment paid or required to be paid after December 31, 2021 but on or prior to December 31, 2022, ten percent (10.00%) of the principal amount of the Loans prepaid or required to be prepaid, (iii) with respect to any prepayment paid or required to be paid after December 31, 2022 but on or prior to December 31, 2023, five percent (5.00%) of the principal amount of the Loans prepaid or required to be prepaid, (iv) with respect to any prepayment paid or required to be paid after December 31, 2023 but on or prior to December 31, 2024, two and one-half percent (2.50%) of the principal amount of the Loans prepaid or required to be prepaid, and (v) with respect to any prepayment paid or required to be paid thereafter, zero percent (0.00%) of the principal amount of the Loans prepaid or required to be prepaid.

Prepayment Premiums. (i) If all or any portion of the Term A Loans are prepaid, or required to be prepaid, pursuant to this Section 2.03, Article IX (whether by acceleration or otherwise) or otherwise, then, in all cases, the Borrower shall pay to the Lenders, for their respective ratable accounts, on the date on which such prepayment is paid or required to be paid, in addition to the other Obligations so prepaid or required to be prepaid, a prepayment premium equal to: (iA) with respect to any prepayment paid or required to be paid on or prior to December March 31, 20212020, fifteen an amount equal to the sum of (1) seven and one-half percent (15.007.50%) of the principal amount of the such Term A Loans that is prepaid or required to be prepaidprepaid plus (2) all interest that would have accrued on such Term A Loans to and including Xxxxx 00, 0000 (xxx, for the avoidance of doubt, assuming that such Term A Loans remained outstanding until March 31, 2020), as determined by the Administrative Agent (which determination shall be accepted by the Borrower in the absence of manifest error), (iiB) with respect to any prepayment paid or required to be paid after December March 31, 2021 2020 but on or prior to December March 31, 20222021, ten five percent (10.005.00%) of the principal amount of the Loans such Term A Loan that is prepaid or required to be prepaid, (iiiC) with respect to any prepayment paid or required to be paid after December March 31, 2022 2021 but on or prior to December March 31, 2023, five percent (5.00%) of the principal amount of the Loans prepaid or required to be prepaid, (iv) with respect to any prepayment paid or required to be paid after December 31, 2023 but on or prior to December 31, 20242022, two and one-half percent (2.50%) of the principal amount of the Loans such Term A Loan that is prepaid or required to be prepaid, prepaid and (vD) with respect to any prepayment paid or required to be paid thereafter, zero percent (0.00%) of the principal amount of the such Loans that is prepaid or required to be prepaid. (ii) If all or any portion of the Term B-1 Loans or all or any portion of the Term B-2 Loans are prepaid, or required to be prepaid, pursuant to this Section 2.03, Article IX or otherwise, then, in all cases, the Borrower shall pay to the Lenders, for their respective ratable accounts, on the date on which such prepayment is paid or required to be paid, in addition to the other Obligations so prepaid or required to be prepaid, a prepayment premium equal to: (A) with respect to any prepayment paid or required to be paid on or prior to March 31, 2021, an amount equal to the sum of (1) seven and one-half percent (7.50%) of the principal amount of such Loans that is prepaid or required to be prepaid plus (2) all interest that would have accrued on such Loans to and including Xxxxx 00, 0000 (xxx, for the avoidance of doubt, assuming that such Loans remained outstanding until March 31, 2021), as determined by the Administrative Agent (which determination shall be accepted by the Borrower in the absence of manifest error), (B) with respect to any prepayment paid or required to be paid after March 31, 2021 but on or prior to March 31, 2022, five percent (5.00%) of the principal amount of such Loans that is prepaid or required to be prepaid, and (C) with respect to any prepayment paid or required to be paid thereafter, two and one-half percent (2.50%) of the principal amount of such Loans that is prepaid or required to be prepaid.

Prepayment Premiums. If all or any portion of the Loans are Term Loan is prepaid, or required to be prepaid, pursuant to this Section 2.03, Article IX (whether by acceleration or otherwise) or otherwise, then, in all cases, the Borrower shall pay to the Administrative Agent (for further distribution to the Lenders), for their the respective ratable accountsaccounts of the Lenders, on the date on which such prepayment is paid or required to be paid, in addition to the other Obligations so prepaid or required to be prepaid, a prepayment premium equal to: (i) with respect to any prepayment paid or required to be paid on or prior to December 31April 27, 20212018, fifteen percent (15.00%) of the principal amount of the Loans prepaid or required Make-Whole Amount with respect to be prepaidsuch prepayment, (ii) with respect to any prepayment paid or required to be paid after December 31April 27, 2021 2018 but on or prior to December 31April 27, 20222019, ten percent (10.00%) 11.50% of the principal amount of the Loans Term Loan prepaid or required to be prepaid, (iii) with respect to any prepayment paid or required to be paid after December 31April 27, 2022 2019 but on or prior to December 31April 27, 20232020, five percent (5.00%) 5.75% of the principal amount of the Loans Term Loan prepaid or required to be prepaid, (iv) with respect to any prepayment paid or required to be paid after December 31April 27, 2023 2020 but on or prior to December 31April 27, 20242021, two and one-half percent (2.50%) 2.875% of the principal amount of the Loans Term Loan prepaid or required to be prepaid, prepaid and (v) with respect to any prepayment paid or required to be paid prepaid thereafter, zero percent (0.00%) % of the principal amount of the Loans Term Loan prepaid or required to be prepaid.

Prepayment Premiums. If all or any portion of the Loans are prepaid, or required to be prepaid, pursuant to this Section 2.03, Article IX (whether by acceleration or otherwise) or otherwise, then, in all cases, the Borrower Borrowers shall pay to the Lenders, for their respective ratable accounts, on the date on which such prepayment is paid or required to be paid, in addition to the other Obligations so prepaid or required to be prepaid, a prepayment premium equal to: (i) with respect to any prepayment paid or required to be paid on or prior to December August 31, 20212019, fifteen eight percent (15.008.00%) of the principal amount of the Loans prepaid or required to be prepaid, (ii) with respect to any prepayment paid or required to be paid after December August 31, 2021 2019 but on or prior to December August 31, 20222020, ten six and one-half percent (10.006.50%) of the principal amount of the Loans prepaid or required to be prepaid, (iii) with respect to any prepayment paid or required to be paid after December August 31, 2022 2020 but on or prior to December 31February 28, 20232021, five percent (5.00%) of the principal amount of the Loans prepaid or required to be prepaid, (iv) with respect to any prepayment paid or required to be paid after December 31February 28, 2023 2021 but on or prior to December August 31, 20242021, two and one-half four percent (2.504.00%) of the principal amount of the Loans prepaid or required to be prepaid, and (v) with respect to any prepayment paid or required to be paid after August 31, 2021 but on or prior to February 28, 2022, three percent (3.00%) of the principal amount of the Loans prepaid or required to be prepaid and (vi) with respect to any prepayment thereafter, zero two percent (0.002.00%) of the principal amount of the Loans prepaid or required to be prepaid.

Prepayment Premiums. If all or any portion of the Loans are prepaid, or required to be prepaid, pursuant to this Section 2.03, Article IX (whether by acceleration or otherwise) or otherwise, then, in all cases, the Borrower Borrowers shall pay to the Lenders, for their respective ratable accounts, on the date on which such prepayment is paid or required to be paid, in addition to the other Obligations so prepaid or required to be prepaid, a prepayment premium equal to: (i) with respect to any prepayment paid or required to be paid on or prior to December March 31, 20212017, fifteen twenty-six percent (15.0026.00%) of the principal amount of the Loans prepaid or required to be prepaid, (ii) with respect to any prepayment paid or required to be paid after December March 31, 2021 2017 but on or prior to December 31September 30, 20222017, ten twenty percent (10.0020.00%) of the principal amount of the Loans prepaid or required to be prepaid, (iii) with respect to any prepayment paid or required to be paid after December 31September 30, 2022 2017 but on or prior to December March 31, 20232018, five thirteen percent (5.0013.00%) of the principal amount of the Loans prepaid or required to be prepaid, (iv) with respect to any prepayment paid or required to be paid after December March 31, 2023 2018 but on or prior to December 31September 30, 20242018, two and one-half nine percent (2.509.00%) of the principal amount of the Loans prepaid or required to be prepaid, and (v) with respect to any prepayment paid or required to be paid after September 30, 2018 but on or prior to September 30, 2019, six and one-half percent (6.50%) of the principal amount of the Loans prepaid or required to be prepaid, (vi) with respect to any prepayment paid or required to be paid after September 30, 2019 but on or prior to September 30, 2020, three and one-quarter percent (3.25%) of the principal amount of the Loans prepaid or required to be prepaid, (vii) with respect to any prepayment paid or required to be paid after September 30, 2020 but on or prior to September 30, 2021, one and one-eighth percent (1.125%) of the principal amount of the Loans prepaid or required to be prepaid and (viii) with respect to any prepayment thereafter, zero percent (0.00%) of the principal amount of the Loans prepaid or required to be prepaid.

Prepayment Premiums. If Notwithstanding anything to the contrary in this Agreement or any other Loan Document, if all or any portion of the Loans are prepaid, or required to be prepaid, pursuant to this Section 2.03, Article IX (whether by acceleration or otherwise) or otherwise, then, in all cases, the Borrower shall pay to the Lenders, for their respective ratable accounts, on the date on which such prepayment is paid or required to be paid, in addition to the other Obligations so prepaid or required to be prepaid, a prepayment premium equal to: (i) with respect to any prepayment paid or required to be paid on or prior to December 31Xxxxx 00, 20210000, (X) in connection with a Takeover Change of Control, fifteen percent (15.00%) of the principal amount of the Loans prepaid or required to be prepaidprepaid and (B) other than in connection with a Takeover Change of Control, the Make-Whole Amount with respect to such prepayment, (ii) with respect to any prepayment paid or required to be paid after December March 31, 2021 2023 but on or prior to December March 31, 20222024, ten seven and one-half percent (10.007.50%) of the principal amount of the Loans prepaid or required to be prepaid, (iii) with respect to any prepayment paid or required to be paid after December March 31, 2022 2024 but on or prior to December March 31, 20232025, five percent (5.00%) of the principal amount of the Loans prepaid or required to be prepaid, (iv) with respect to any prepayment paid or required to be paid after December 31, 2023 but on or prior to December 31, 2024thereafter, two and one-half percent (2.50%) of the principal amount of the Loans prepaid or required to be prepaid, and (v) with respect to any prepayment paid or required to be paid thereafter, zero percent (0.00%) of the principal amount of the Loans prepaid or required to be prepaid.

Prepayment Premiums. If Notwithstanding anything to the contrary in this Agreement or any other Loan Document, if all or any portion of the Loans are prepaid, or required to be prepaid, pursuant to this Section 2.03, Article IX (whether by acceleration or otherwise) or otherwise, then, in all cases, the Borrower shall pay to the Lenders, for their respective ratable accounts, on the date on which such prepayment is paid or required to be paid, in addition to the other Obligations so prepaid or required to be prepaid, a prepayment premium equal to: (i) with respect to any prepayment paid or required to be paid on or prior to December 31, 2021, fifteen percent the second (15.00%2nd) anniversary of the principal amount date of the Loans prepaid or required Borrowing of such Loan, an amount equal to be prepaidthe Make-Whole Amount with respect to such prepayment, (ii) with respect to any prepayment paid or required to be paid after December 31, 2021 the second (2nd) anniversary of the date of the Borrowing of such Loan but on or prior to December 31the third (3rd) anniversary of the date of the Borrowing of such Loan, 2022, ten three percent (10.003.00%) of the principal amount of the Loans such Loan that is prepaid or required to be prepaid, (iii) with respect to any prepayment paid or required to be paid after December 31, 2022 the third (3rd) anniversary of the date of the Borrowing of such Loan but on or prior to December 31the fourth (4th) anniversary of the date of the Borrowing of such Loan, 2023, five one percent (5.001.00%) of the principal amount of the Loans such Loan that is prepaid or required to be prepaid, prepaid and (iv) with respect to any prepayment paid or required to be paid after December 31, 2023 but on or prior to December 31, 2024, two and one-half percent (2.50%) of the principal amount of the Loans prepaid or required to be prepaid, and (v) with respect to any prepayment paid or required to be paid thereafter, zero percent (0.00%) of the principal amount of the Loans such Loan that is prepaid or required to be prepaid.