Early Termination Fee definition
Examples of Early Termination Fee in a sentence
Notwithstanding the foregoing sentence, upon the occurrence of any Event of Default described in Section 11.1(g) or Section 11.1(h), without notice, demand or other action by Agent all of the Obligations (including the Early Termination Fee in the amount specified in Section 3.2(e)) shall immediately become due and payable whether or not payable on demand prior to such Event of Default.
Borrower Representative may, on at least fifteen (15) Business Days prior written notice received by Agent, permanently terminate the Loan facilities by repaying all of the outstanding Obligations, including all principal, interest and fees with respect to the Revolving Loans, and an Early Termination Fee in the amount specified in Section 3.2(e).
Subject to payment of the Early Termination Fee (if applicable) payable pursuant to Section 4.5 and any amounts payable pursuant to Section 14.5, Borrowers may terminate the Commitments and prepay Loans at any time, in whole or in part, without premium or penalty following irrevocable written notice given to Administrative Agent at least thirty (30) days prior to the proposed date of such prepayment.
Each such prepayment of the M&E Term Loan shall be subject to the Early Termination Fee in the amount specified in Section 3.2(e).