Fixed Rate Prepayment Fee definition

Fixed Rate Prepayment Fee has the meaning given to such term in SECTION 2.4.8(C).
Fixed Rate Prepayment Fee means an amount in Dollars determined by IIC in its sole discretion in relation to the IIC A Loan and the C2F Loan that is equal to the theoretical cost of breakage of funds, termination costs and other unwinding costs, if positive, related to the IIC A Loan and the C2F Loan, taking into account the principal repayment schedule, the first scheduled IIC A Loan and C2F Loan repayment date and the IIC A Loan and C2F Loan final maturity date and any variations in the LIBOR curve (with any necessary determinations being made by IIC);
Fixed Rate Prepayment Fee means an amount equal to the amount by which (i) the present value of the remaining scheduled payments of principal and interest on the Notes from the date of the applicable prepayment through the Maturity Date, compounded by discounting each such payment on a monthly basis from its respective Payment Date using a discount rate of Treasury Yield plus (x) from the Effective Date through (but excluding) the third (3rd) anniversary of the Effective Date, 0.50% or (y) from (and including) the third (3rd) anniversary of the Effective Date through (but excluding) the fifth (5th) anniversary of the Effective Date, 0.75%, as applicable, exceeds (ii) the outstanding principal amount of the Notes plus accrued and unpaid interest through the date of the applicable prepayment. For the purposes of this definition, "Treasury Yield" shall mean the yield to maturity as of such prepayment date of United States Treasury securities with a constant maturity (as compiled and published in the most recent Federal Reserve Statistical Release H.15 (519) that has become publicly available at least two Business Days prior to such prepayment date (or, if such Statistical Release is no longer published, any publicly available source of similar market data)) most nearly equal to the period from such prepayment date to the Maturity Date.

Examples of Fixed Rate Prepayment Fee in a sentence

  • If the result is zero or a negative number, there shall be no Fixed Rate Prepayment Fee.

  • In the event of a prepayment of LIBOR Loans, Borrower shall concurrently pay any Fixed Rate Prepayment Fee payable in respect thereof.

  • Any prepayment made pursuant to the terms of this paragraph VII shall not be subject to a prepayment fee; provided, however, if such prepayment is (i) made on a day that is not the last day of an Interest Period, shall be accompanied by the LIBOR Breakage Fee calculated with respect to the principal balance being prepaid, or, (ii) if the Loan is then accruing interest at the Fixed Rate, such prepayment shall be subject to payment of the Fixed Rate Prepayment Fee.

  • To the extent such reallocation results in certain Lenders receiving funds which are applied to LIBOR Rate Loans prior to the last day of the applicable Interest Period, then the Borrower shall pay to the Agent for the account of the affected Lenders the Fixed Rate Prepayment Fee which shall be determined separately for each such Lender in the manner set forth in §3.3.

  • However, it may happen that several of the injunctions that are contained in such a code may entail different duties for one and the same situation.

  • Enrollment in the deferred pay plan shall continue unless the faculty member provides written notice to the district to discontinue the plan beginning with the next fiscal year.


More Definitions of Fixed Rate Prepayment Fee

Fixed Rate Prepayment Fee has the meaning assigned to it in the IDB Group Loan Agreement; “FODER” the Fondo para el Desarrollo de las Energía Renovables established by law 27,719 of the Country; “FODER Joinder Agreementthe agreement entitled “Acuerdo de Adhesión e Incorporación al Fondo para el Desarrollo de Energías Renovables” dated May 18, 2017, among the Borrower, the MEM and the FODER Trustee, pursuant to which the Borrower becomes a beneficiary of the FODER;
Fixed Rate Prepayment Fee has the meaning given to such term in Section 2.4.8(c).
Fixed Rate Prepayment Fee has the meaning assigned to it in the IDB Group Loan Agreement;

Related to Fixed Rate Prepayment Fee

  • Prepayment Fee is, with respect to any Term Loan subject to prepayment prior to the Maturity Date, whether by mandatory or voluntary prepayment, acceleration or otherwise, an additional fee payable to the Lenders in amount equal to:

  • Optional Prepayment Date has the meaning specified in Section 4.b hereof.

  • Applicable Prepayment Premium has the meaning specified therefor in the Fee Letter.

  • Prepayment means, with respect to any Receivable, any prepayment, whether in part or in full, in respect of such Receivable.

  • Reinvestment Prepayment Date with respect to any Reinvestment Event, the earlier of (a) the date occurring twelve months after such Reinvestment Event and (b) the date on which the Borrower shall have determined not to, or shall have otherwise ceased to, acquire or repair assets useful in the Borrower’s business with all or any portion of the relevant Reinvestment Deferred Amount.

  • Mandatory Prepayment Date as defined in Section 2.12(e).

  • Optional Prepayment Price shall have the meaning set forth in Section 14.02(a).

  • Partial Prepayment Amount means the amount required to prepay a portion of the Annual Special Tax obligation for an Assessor’s Parcel as described in Section H.

  • Permitted Prepayment Date means the Business Day after the second (2nd) anniversary of the first Payment Date

  • Principal Prepayment Amount For any Distribution Date and for any Loan Group, the sum with respect to the Mortgage Loans in such Loan Group of (i) Curtailments received during the Prior Period from such Mortgage Loans and (ii) Payoffs received during the Payoff Period from such Mortgage Loans.

  • Mandatory Prepayment Amount for any Debentures shall equal the sum of (i) the greater of: (A) 130% of the principal amount of Debentures to be prepaid, plus all accrued and unpaid interest thereon, or (B) the principal amount of Debentures to be prepaid, plus all other accrued and unpaid interest hereon, divided by the Conversion Price on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is less, multiplied by the VWAP on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is greater, and (ii) all other amounts, costs, expenses and liquidated damages due in respect of such Debentures.

  • Prepayment Premium means, with respect to the Mortgage Loan, any prepayment premium, spread maintenance premium, yield maintenance premium or similar fee required to be paid in connection with a prepayment of the Mortgage Loan pursuant to the Mortgage Loan Documents, including any exit fee.

  • Specified Discount Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(B)(1).

  • Fixed Rate Advance means an Advance which bears interest at a Fixed Rate.

  • Reinvestment Prepayment Amount with respect to any Reinvestment Event, the Reinvestment Deferred Amount relating thereto less any amount expended prior to the relevant Reinvestment Prepayment Date to acquire or repair assets useful in the Borrower’s business.

  • Floating Rate Advance means an Advance which, except as otherwise provided in Section 2.11, bears interest at the Floating Rate.

  • Optional Prepayment shall have the meaning set forth in Section 2.10.

  • Prepayment Rate means the bond equivalent yield (in the secondary market) on the United States Treasury Security that as of the Prepayment Rate Determination Date has a remaining term to maturity closest to, but not exceeding, the remaining term to the Maturity Date, as most recently published in the "Treasury Bonds, Notes and Bills" section in The Wall Street Journal as of the date of the related tender of the payment. If more than one issue of United States Treasury Securities has the remaining term to the Maturity Date referred to above, the "Prepayment Rate" shall be the yield on the United States Treasury Security most recently issued as of such date. If the publication of the Prepayment Rate in The Wall Street Journal is discontinued, Lender shall determine the Prepayment Rate on the basis of "Statistical Release H.15(519), Selected Interest Rates," or any successor publication, published by the Board of Governors of the Federal Reserve System, or on the basis of such other publication or statistical guide as Lender may reasonably select. "PREPAYMENT RATE DETERMINATION DATE" shall mean the date which is five (5) Business Days prior to the prepayment date.

  • PIK Interest Rate means (a) in respect of any Interest Period, the Additional Tax Payer Protection Rate plus (b) in respect of any Interest Period ending on or prior to the first anniversary of the date hereof, the Adjusted LIBO Rate plus the Applicable Rate.

  • Proposed Prepayment Date is defined in Section 8.3(c).

  • Term Advance has the meaning specified in Section 2.01(a).

  • Discount Range Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(C)(1).

  • Loan Payment Date means any date on which any Bond Service Charges are due and payable.

  • Special Event Prepayment Price means 100% of the outstanding principal amount of the Notes, plus any accrued and unpaid interest thereon up to but excluding the date of prepayment.

  • Acceptable Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(D)(3).

  • ECF Prepayment Amount has the meaning assigned to such term in Section 2.11(b)(i).