Floating Rate Prepayment Amount definition

Floating Rate Prepayment Amount is defined in Section 8.6.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Floating Rate Prepayment Amount means (i), with respect to any prepayment pursuant to Section 8.2.2 or in connection with any declaration pursuant to Section 12.1 with ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ MLP Investment Company Note Purchase Agreement respect to the Series U Notes: (A) in the case of any such prepayment date or declaration on or prior to May 26, 2012, an amount equal to 2.00% of the principal amount so prepaid, (B) in the case of any such prepayment or declaration after May 26, 2012 and on or prior to May 26, 2014, 1.00% of the principal amount so prepaid, and (C) in the case of any such prepayment or declaration after May 26, 2014, 0%, and (ii) with respect to any prepayment pursuant to Section 8.2.5 with respect to the Series U Notes: (A) in the case of any such prepayment date on or prior to May 26, 2014, an amount equal to 1.00% of the principal amount so prepaid, and (B) in the case of any such prepayment after May 26, 2014, 0%.

Floating Rate Prepayment Amount means (i), with respect to any prepayment pursuant to Section 8.2.2 or in connection with any declaration pursuant to Section 12.1 with respect to the Series F Notes: (A) in the case of any such prepayment date or declaration on or prior to May 10, 2012, an amount equal to 2.00% of the principal amount so prepaid, (B) in the case of any such prepayment or declaration after May 10, 2012 and on or prior to May 10, 2014, 1.00% of the principal amount so prepaid, and (C) in the case of any such prepayment or declaration after May 10, 2014, 0%, and (ii) with respect to any prepayment pursuant to Section 8.2.5 with respect to the Series F Notes: (A) in the case of any such prepayment date on or prior to May 10, 2014, an amount equal to 1.00% of the principal amount so prepaid, and (B) in the case of any such prepayment after May 10, 2014, 0%.

Examples of Floating Rate Prepayment Amount in a sentence

From and after such date, unless the Company shall fail to pay such principal amount when so due and payable, together with the interest and Make-Whole Amount or Floating Rate Prepayment Amount and any LIBOR Breakage Amount, interest on such principal amount shall cease to accrue.
Whole Amount, Floating Rate Prepayment Amount and Special Optional Prepayments.
Subject to Section 14.2, payments of principal, Floating Rate Prepayment Amount, if any, and LIBOR Breakage Amount, if any, and interest becoming due and payable on the Notes shall be made in New York, New York at the principal office of Bank of New York in such jurisdiction.
In the case of each prepayment of Notes pursuant to this Section 8, the principal amount of each Note to be prepaid shall mature and become due and payable on the date fixed for such prepayment (which shall be a Business Day), together with interest on such principal amount accrued to such date and the applicable Floating Rate Prepayment Amount, if any, and any LIBOR Breakage Amount.
From and after such date, unless the Company shall fail to pay such principal amount when so due and payable, together with the interest and Floating Rate Prepayment Amount, if any, and any LIBOR Breakage Amount, if any, as aforesaid, interest on such principal amount shall cease to accrue.
Such notice shall specify such date (which shall be a Business Day) prior to the end of the Extended 10-Day Period, the aggregate principal amount of Notes to be prepaid, the principal amount of Notes held by such holder to be prepaid, and the interest and Make-Whole Amount (referred to below) or Floating Rate Prepayment Amount and any LIBOR Breakage Amount to be prepaid.
Notwithstanding anything contained herein to the contrary, so long as no Default or Event of Default exists, the Company may, at its option, upon notice as provided below redeem all of the Notes of a particular Series on or after the date which is 30 days prior to maturity of such Series of Notes at 100% of the principal amount of such Notes, together with interest on such Notes accrued to the date of prepayment and without any Make-Whole Amount or Floating Rate Prepayment Amount, as applicable.
In the case of each prepayment of Notes pursuant to this Section 8, the principal amount of each Note to be prepaid shall mature and become due and payable on the date fixed for such prepayment (which shall be a Business Day), together with interest on such principal amount accrued to such date and the applicable Make-Whole Amount or Floating Rate Prepayment Amount and any LIBOR Breakage Amount.
Subject to Section 14.2, payments of principal, Make-Whole Amount or Floating Rate Prepayment Amount, if any, and LIBOR Breakage Amount, if any, and interest becoming due and payable on the Notes shall be made in New York, New York at the principal office of The Bank of New York Mellon located at ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, 7E, New York, New York 10286.
Series U Notes with Floating Rate Prepayment Amount and LIBOR Breakage Amount.

More Definitions of Floating Rate Prepayment Amount

Floating Rate Prepayment Amount means, (i) with respect to any prepayment pursuant to Section 8.2(a) or in connection with any declaration pursuant to Section 12.1, with respect to the Notes: (A) in the case of any such prepayment date or declaration on or prior to April 17, 2015, an amount equal to 2.00% of the principal amount so prepaid, (B) in the case of any such prepayment or declaration after April 17, 2015 and on or prior to April 17, 2017, 1.00% of the principal amount so prepaid, and (C) in the case of any such prepayment or declaration after April 17, 2017, 0%; and

Floating Rate Prepayment Amount means, with respect to any prepayment pursuant to Section 8.2 or in connection with any declaration pursuant to Section 12.1, with respect to the Notes: (A) in the case of any such prepayment or declaration on or prior to April 16, 2012, 2.00% of the principal amount so prepaid, and (B) in the case of any such prepayment or declaration after April 16, 2012 and on or prior to April 16, 2013, 1.00% of the principal amount so prepaid and (C) in the case of any prepayment or declaration after April 16, 2013, 0% of the principal amount so prepaid.

Floating Rate Prepayment Amount means, (i) with respect to any prepayment pursuant to Section 8.2.2 or in connection with any declaration pursuant to Section 12.1, with respect to the Series L Notes: (A) in the case of any such prepayment date or declaration on or prior to December 9, 2016, an amount equal to 2.00% of the principal amount so prepaid, (B) in the case of any such prepayment or declaration after December 9, 2016 and on or prior to December 9, 2018, 1.00% of the principal amount so prepaid, and (C) in the case of any such prepayment or declaration after December 9, 2018, 0%; and (ii) with respect to any prepayment pursuant to Section 8.3(b) with respect to the Series L Notes: (A) in the case of any such prepayment date on or prior to December 9, 2018, an amount equal to 1.00% of the principal amount so prepaid, (B) in the case of any such prepayment after December 9, 2018, 0%.

Floating Rate Prepayment Amount is defined in Section 8.6 of the Agreement for the Series L Notes.

Floating Rate Prepayment Amount means, with respect to any prepayment pursuant to Section 8.2.2 or in connection with any declaration pursuant to Section 12.1, with respect to the Series E Notes: (A) in the case of any such prepayment date or declaration on or prior to March 5, 2011, an amount equal to 2.00% of the principal amount so prepaid, (B) in the case of any such prepayment or declaration after March 5, 2011 and on or prior to March 5, 2013, 1.00% of the principal amount so prepaid, and (C) in the case of any such prepayment or declaration after March 5, 2013, 0%.

Floating Rate Prepayment Amount means, (i) with respect to any prepayment pursuant to Section 8.2(a) or in connection with any declaration pursuant to Section 12.1, with respect to the Notes: (A) in the case of any such prepayment date or declaration on or prior to September 9, 2015, an amount equal to 2.00% of the principal amount so prepaid, (B) in the case of any such prepayment or declaration after September 9, 2015 and on or prior to September 9, 2017, 1.00% of the principal amount so prepaid, and (C) in the case of any such prepayment or declaration after September 9, 2017, 0%; and