Redemption fee – Facility A and Facility A1 Sample Clauses

Redemption fee – Facility A and Facility A1. (a) In respect of any redemption by the Original Issuer of Facility A Notes pursuant to Clause 10.3 (Optional redemption of Notes Subscriptions) or Clause 11.1 (Exit), the Original Issuer |EU-DOCS\34803319.2|| shall pay to the Agent for the account of the relevant Noteholders a redemption fee or payment equal to the per cent. of the principal amount of the Notes being redeemed, stated for the date of such redemption as follows: (i) 1.9005 per cent. for the period beginning on (and including) the Closing Date and ending on (but excluding) the second anniversary of the Closing Date; (ii) 0.9502 per cent. for the period beginning on (and including) the second anniversary of the Closing Date and ending on (but excluding) the third anniversary of the Closing Date; and (iii) 0.00 per cent. for any date on or following the third anniversary of the Closing Date. (b) In respect of any redemption by the Original Issuer of Facility A1 Notes pursuant to Clause 10.3 (Optional redemption of Notes Subscriptions) or Clause 11.1 (Exit), the Original Issuer shall pay to the Agent for the account of the relevant Noteholders a redemption fee or payment equal to the per cent. of the principal amount of the Notes being redeemed, stated for the date of such redemption as follows: (i) 2.00 per cent. for the period beginning on (and including) the Closing Date and ending on (but excluding) the second anniversary of the Closing Date; (ii) 1.00 per cent. for the period beginning on (and including) the second anniversary of the Closing Date and ending on (but excluding) the third anniversary of the Closing Date; and (iii) 0.00 per cent. for any date on or following the third anniversary of the Closing Date. (c) Notwithstanding anything to the contrary in this Clause 15.4: (i) for the avoidance of doubt, no redemption fee or payment set out in paragraph (a) or (b) above shall apply to amounts that are redeemed pursuant to or by virtue of Clause 10.1 (Illegality), Clause 10.4 (Right of cancellation and redemption in relation to a single Noteholder), Clause 11.2 (Disposals, Insurance and Recovery Proceeds), Clause 26.12 (Acceleration), Clause 26.13 (U.S. insolvency acceleration) or Clause 39.4 (Replacement of Noteholder); and (ii) prior to the second anniversary of the Closing Date, the Original Issuer may elect to prepay up to 50 per cent. of the aggregate principal amount of Facility A Notes and Facility A1 Notes outstanding as at the date of redemption (and, for the avoidance of doub...
Sample 1
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Redemption fee – Facility A and Facility A1. (a) In respect of any redemption by the Original Issuer of Facility A Notes pursuant to Clause 10.3 (Optional redemption of Notes Subscriptions) or Clause 11.1 (Exit), the Original Issuer shall pay to the Agent for the account of the relevant Noteholders a redemption fee or payment equal to the per cent. of the principal amount of the Notes being redeemed, stated for the date of such redemption as follows: (i) 1. 9005 per cent. for the period beginning on (and including) the Closing Date and ending on (but excluding) the second anniversary of the Closing Date; (ii) 0.9502 per cent. for the period beginning on (and including) the second anniversary of the Closing Date and ending on (but excluding) the third anniversary of the Closing Date; and (iii) 0.00 per cent. for any date on or following the third anniversary of the Closing Date.
Sample 1

Related to Redemption fee – Facility A and Facility A1

  • PAYMENT OF LOAN FEE Borrower shall pay to Lender a fee in the amount of One Thousand Five Hundred and 00/100 Dollars ($1,500.00) (the "Loan Fee") plus all out-of-pocket expenses.

  • Revolving Facility (a) As of the Effective Date, the aggregate outstanding principal amount of the Existing Revolving Loans, other than, for the avoidance of doubt, any “Swing Line Loans” (under and as defined in the Existing Credit Agreement) is set forth on Schedule 2.1. 1. The Existing Revolving Loans are held by the Existing Lenders in the amounts set forth on Schedule 2.1. 1. Subject to the terms of this Agreement and in reliance on the representations and warranties of the Borrowers herein, each of the parties hereto hereby agrees that (A) the Existing Revolving Loans shall be, from and following the Effective Date, continued and outstanding as the Revolving Loans under this Agreement, (B) concurrently therewith, the Extending Lenders shall have assigned their Existing Revolving Loans and Existing Commitments among themselves and to the New Lenders and hereby direct the Administrative Agent to re-allocate all Existing Revolving Loans and Existing Commitments and require the extension of new Revolving Loans, such that, after giving effect to the transactions contemplated hereby the Revolving Loans and Commitments (prior to giving effect to any Advances to be made on the Effective Date) shall be allocated among the Lenders as set forth in Schedule 2.1.1, (C) all “Swing Line Loans” (under and as defined in the Existing Credit Agreement) and “Letters of Credit” (under and as defined in the Existing Credit Agreement) outstanding and issued under the Existing Credit Agreement immediately prior to the Effective Date shall continue to be outstanding and issued under this Agreement, and (D) on and after the Effective Date the terms of this Agreement shall govern the rights and obligations of the Borrowers, the other Loan Parties, the Lenders, the Swing Line Lender, the LC Issuers and the Administrative Agent with respect thereto. (b) From and including the Effective Date and prior to the Facility Termination Date, each Lender severally agrees, on the terms and conditions set forth in this Agreement, to make Revolving Loans to the Borrowers in Agreed Currencies, participate in Facility LCs issued in Agreed Currencies, and participate in Facility LCs issued in Discretionary Currencies at the discretion of an LC Issuer, in each case upon the request of the Borrowers; provided, that (i) after giving effect to the making of each such Revolving Loan and the issuance of each such Facility LC, the Dollar Amount of each Lender’s Outstanding Revolving Credit Exposure shall not exceed its Revolving Commitment, and (ii) all Base Rate Loans shall be made in Dollars. Subject to the terms of this Agreement, each Borrower may borrow, repay and reborrow the Revolving Loans at any time prior to the Facility Termination Date; provided, that a Foreign Borrower may only borrow in its respective Designated Currencies. The Revolving Commitments shall expire on the Facility Termination Date. The LC Issuer will issue Facility LCs hereunder on the terms and conditions set forth in Section 2.19.

  • Unused Facility Fee A quarterly Unused Facility Fee equal to one quarter of one percent (0.25%) per annum of the difference between the Revolving Line and the average outstanding principal balance of Advances during the applicable quarter, which fee shall be payable within five (5) days of the last day of each such quarter and shall be nonrefundable; and

  • Unused Revolving Line Facility Fee A fee (the “Unused Revolving Line Facility Fee”), payable quarterly, in arrears, on a calendar year basis, in an amount equal to one quarter of one percent (0.25%) per annum of the average unused portion of the Revolving Line, as determined by Bank. Borrower shall not be entitled to any credit, rebate or repayment of any Unused Revolving Line Facility Fee previously earned by Bank pursuant to this Section notwithstanding any termination of the Agreement or the suspension or termination of Bank’s obligation to make loans and advances hereunder; and

  • Prepayment Fee The Prepayment Fee, when due hereunder, to be shared between the Lenders in accordance with their respective Pro Rata Shares; and

  • Minimum Amount of Each Advance Each Eurodollar Advance shall be in the minimum amount of $5,000,000 and in multiples of $1,000,000 if in excess thereof. Floating Rate Advances may be in any amount.

  • Provisions Related to Extended Revolving Credit Commitments If the maturity date shall have occurred in respect of any tranche of Revolving Credit Commitments at a time when another tranche or tranches of Revolving Credit Commitments is or are in effect with a longer maturity date, then on the earliest occurring maturity date all then outstanding Swing Line Loans shall be repaid in full on such date (and there shall be no adjustment to the participations in such Swing Line Loans as a result of the occurrence of such maturity date); provided, however, that if on the occurrence of such earliest maturity date (after giving effect to any repayments of Revolving Credit Loans and any reallocation of Letter of Credit participations as contemplated in Section 2.03(l)), there shall exist sufficient unutilized Extended Revolving Credit Commitments so that the respective outstanding Swing Line Loans could be incurred pursuant the Extended Revolving Credit Commitments which will remain in effect after the occurrence of such maturity date, then there shall be an automatic adjustment on such date of the participations in such Swing Line Loans and the same shall be deemed to have been incurred solely pursuant to the relevant Extended Revolving Credit Commitments, and such Swing Line Loans shall not be so required to be repaid in full on such earliest maturity date.

  • Origination Fee The Borrower shall pay the Lender a fully earned and non-refundable origination fee of $50,000, due and payable upon the execution of this Agreement.

  • Loan Amount 5. ACCOUNT NAME(S) ............................................................................................................................................................................. BANK NAME / BRANCH ..................................................................................................................................................................

  • Commitment of Current Revenues Only In the event that, during any term hereof, the Commissioners Court does not appropriate sufficient funds to meet the obligations of County under this Agreement, County may terminate this Agreement upon ninety (90) days written notice to Company. County agrees, however, to use reasonable efforts to secure funds necessary for the continued performance of this Agreement. The parties intend this provision to be a continuing right to terminate this Agreement at the expiration of each budget period of County. Agreements for the acquisition, including lease of real or personal property under Tex. Loc. Govt. Code §271.903 (Xxxxxx Supp. 1996).

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