Payment Premium means 10% of the Principal amount being paid.
Payment Premium means 5% of the Principal amount being paid.
Payment Premium means 7% of the Principal amount being paid.
Examples of Payment Premium in a sentence
Each monthly payment shall be in an amount equal to the sum of (i) $2,500,000 of Principal in the aggregate among this Note and all Other Notes (or the outstanding Principal if less than such amount) (the “Amortization Principal Amount”), plus (ii) the Payment Premium (as defined below) in respect of such Amortization Principal Amount, and (iii) accrued and unpaid interest hereunder as of each payment date.
More Definitions of Payment Premium
Payment Premium means 8% of the Principal amount being paid.
Payment Premium means an amount equal to 3% of the Principal amount of a payment being made by the Company in cash in accordance with this Note.
Payment Premium means five percent (5%) of the Principal amount being paid.
Payment Premium meanss at any time with respect to any Loan being prepaid in whole or in part pursuant to Section 2.08, Section 2.09, Section 2.10(a), Section 2.10(b) or Section 2.10(c) during any of the periods set forth below an amount equal to the percentage set forth opposite such period of the aggregate principal amount of such Loan being prepaid at such time: May 30, 2008 to and including November 29, 2008 2% November 30, 2008 to and including May 29, 2009 3% May 30, 2009 to and including May 29, 2010 3.5% May 30, 2010 to and including May 29, 2011 4.0%
Payment Premium means 10%.
Payment Premium means 8% of the Principal amount of each Redemption as set forth in the Redemption Schedule.
Payment Premium means an amount equal to (a) 13 1/2% per annum, compounded semiannually from and after the date hereof until paid, on the principal amount of this Note outstanding from time to time until the time of payment minus (b) the cumulative amount payable by the Company on account of withholding taxes with respect to interest payable pursuant to Section 1.1 to the date of payment of such premium. For the avoidance of doubt, the Payment Premium shall not itself be increased on account of withholding taxes, but shall be subject to, and the amount remitted to the holder reduced by, any withholding tax to which the Payment Premium is subject, with the result that the total cost to the Company for interest, Payment Premium and withholding taxes shall equal twenty-seven and one-half percent (27 1/2%) per annum on the principal outstanding from time to time to the date of payment of the Payment Premium.