End of Term Charge definition

End of Term Charge shall have the meaning assigned to such term in Section 2.5.

End of Term Charge means any end of term charge payable pursuant to Section 2.6.

End of Term Charge is defined in Section 2.5.

Examples of End of Term Charge in a sentence

• The Prepayment Charge and the End of Term Charge shall also be payable in the event the Secured Obligations (and/or this Agreement) are satisfied or released by foreclosure (whether by power of judicial proceeding), deed in lieu of foreclosure, or by any other means.

• Each Loan Party agrees that any Prepayment Charge and any End of Term Charge payable shall be presumed to be the liquidated damages sustained by each Lender as the result of the early termination, and each Loan Party agrees that it is reasonable under the circumstances currently existing and existing as of the Closing Date.

• Each Loan Party expressly acknowledges that their agreement to pay each of the Prepayment Charge and the End of Term Charge to the Lenders as herein described was on the Closing Date and continues to be a material inducement to the Lenders to provide the Term Loans.

• Each Loan Party expressly waives (to the fullest extent it may lawfully do so) the provisions of any present or future statute or law that prohibits or may prohibit the collection of the foregoing Prepayment Charge and End of Term Charge in connection with any such acceleration.

More Definitions of End of Term Charge

End of Term Charge has the meaning given to it in Section 2.3.

End of Term Charge means an amount equal to five and ninety-five hundredths of one percent (5.95%) of the greater of (a) the aggregate original principal amount of the Term Loan Advances made hereunder, and (b) Twenty-Five Million Dollars ($25,000,000.00).

End of Term Charge means a charge equal to one and one half of one percent (1.50%) of the aggregate original principal amount of all Term Loan Advances extended by Agent.

End of Term Charge means, collectively, End of Term Charge I, End of Term Charge II and End of Term Charge III.

End of Term Charge means a charge equal to four percent (4%) of the aggregate original principal amount of all Term Loan Advances extended by Lender, provided that, if the 2016 Amortization Milestone Event does not occur prior to June 30, 2016, the End of Term Charge shall be a charge equal to six percent (6%) of the aggregate original principal amount of all Term Loan Advances extended by Lender.”

End of Term Charge means collectively, the charges set forth in Sections 2.5 and 2.6.

End of Term Charge means a charge of the aggregate amount of all Advances multiplied by 6.95%.