Break Costs definition

Break Costs means the amount (if any) by which:
Break Costs means the aggregate amount of all losses, premiums, penalties, costs and expenses whatsoever certified by the Agent at any time and from time to time as having been incurred by the Lenders or any of them in maintaining or funding their Contributions or in liquidating or re-employing fixed deposits acquired to maintain the same as a result of either:
Break Costs means the amount (if any) which a Lender is entitled to receive under Clause 24.3 (Break Costs).

Examples of Break Costs in a sentence

  • Each Lender shall, as soon as reasonably practicable after a demand by the Intercreditor Agent, provide a certificate confirming the amount of its Break Costs for any Interest Period in which they accrue.

  • The Borrower shall, within [three] Business Days of demand by a Finance Party, pay to that Finance Party its Break Costs attributable to all or any part of a Loan or Unpaid Sum being paid by the Borrower on a day other than the last day of an Interest Period for that Loan or Unpaid Sum.

  • Any prepayment under this Agreement and the relevant Facility Agreement shall be made together with (i) any Hedging Termination Costs; and (ii) accrued interest on the amount prepaid and, subject to any Break Costs and any prepayment or cancellation fee specified in this Agreement or the relevant Facility Agreement, without other premium or penalty.


More Definitions of Break Costs

Break Costs means, in relation to a Payment the amount (if any) by which:
Break Costs means the amount (if any) which a Lender is entitled to receive under this Agreement as compensation if any part of a Loan or overdue amount is prepaid.
Break Costs has the meaning given in Clause 21.2;
Break Costs means all costs, expenses and losses incurred by the Issuer acting in good faith (including without limitation any amounts paid or incurred on account of any GST or similar tax to the extent that input tax credits are not available, Taxes and losses incurred by the Issuer) and notified by the Issuer as payable by the Investor as a result of:
Break Costs means any amount specified as such in the Reference Rate Terms.
Break Costs means the aggregate amount of all losses, premiums, penalties, costs and expenses whatsoever certified by the Payment Agent at any time and from time to time as having been incurred by the Lenders or any of them in maintaining or funding their Contributions or in liquidating or re-employing fixed deposits acquired to maintain the same as a result of either: