Exit Yield definition
Examples of Exit Yield in a sentence
Yield Enhancement 38 3.01 Upfront Yield Enhancement 38 3.02 Exit Yield Enhancement 38 SECTION 4.
The Exit Yield Enhancement shall be earned on the Effective Date and due and payable upon a repayment of principal as described in the foregoing sentence; provided, however, that the Exit Yield Enhancement shall not be payable to the extent the Bridge Loans are rolled into a debtor-in-possession facility or refinanced by a debtor-in-possession facility in which the Required Lenders are participating, including a debtor-in-possession financing more thoroughly described on Exhibit K.
In the event that the Bridge Loans are rolled into or refinanced by a debtor-in-possession facility as provided in the immediately preceding sentence, the Exit Yield Enhancement will be payable to the Lenders upon any repayment of principal following the closing date of such debtor-in-possession facility.