Prepayment Cost definition

Prepayment Cost has the meaning set forth in Section 4.5(b) hereof.
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Prepayment Cost has the meaning ascribed thereto in the CCB.
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Prepayment Cost means, on the early discharge of a Purchased Receivable which is a Housing Loan bearing a fixed rate of interest (other than a Receivable subject to a concessionary rate of interest for 12 months or less), the amount (if any) owed by the relevant Obligor and collected by Westpac, in accordance with the relevant Receivable Agreement.
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Examples of Prepayment Cost in a sentence

  • Shouda, (2004), “Valuation of Mortgage-Backed Securities Based on Unobservable Prepayment Cost Processes,” working paper, Tokyo Institute of Technology.[14] Pliska, S.R., (1997), Introduction to Mathematical Finance: Discrete Time Models, Blackwell, Oxford.

  • Subject to Section 15.2, payments of principal, Prepayment Cost and interest and ------------ all other amounts becoming due and payable on the Notes shall be made in New York City, New York.

  • The proof is analogous to that of Proposition 3.4.2; for completeness we provide details.

  • The Offshore Guarantors shall execute the Letter of Guarantee – NY Law and, within 60 (sixty) days from the Borrowing Date, shall execute the Letters of Guarantee – Local Jurisdiction Law, in each case, as guarantors and jointly and severally liable for all obligations of the Borrower under the CCBs and for the payment in full of all obligations under each CCB, including Principal, Interest, Default Charges (if applicable) and Prepayment Cost (if applicable).

  • Subject to the payment in full of all Senior Debt, the holders of the Notes shall be subrogated to the rights of the holders of Senior Debt to receive payments or distributions of assets of the Company made on the Senior Debt until the principal of, Prepayment Cost, if any, and interest on (and any other amounts due with respect to) the Notes shall be paid in full.

  • Prepayment Cost of Deferred Cash Payments at Various Months After Plan Effective Date1 0 $ 679,648,516 1 $ 687,520,879 2 $ 695,467,941 3 $ 703,490,411 4 $ 711,589,005 5 $ 719,764,445 6 $ 728,017,460 7 $ 736,348,785 8 $ 744,759,166 9 $ 753,249,350 10 $ 761,820,096 11 $ 770,472,168 12 $ 779,206,338 2 1 Amounts shown in annex above show the prepayment cost at the end of each of the 12 months after the Plan Effective Date.

  • Business Days Anything in this Agreement or the Notes to the contrary notwithstanding, any payment of principal of or Prepayment Cost or interest on any Note that is due on a date other than a Business Day shall be made on the next succeeding Business Day without including the additional days elapsed in the computation of the interest payable on such next succeeding Business Day.

  • In the event you instruct us to renew a domain name registration or a cost associated with renewal of hosting (including but not limited to server rental fees) you will be asked to make advance payment of this as a Pre-payment Cost Out.

  • Upon any Notes becoming due and payable under this Section 12.1, whether ------------ automatically or by declaration, such Notes will forthwith mature and the entire unpaid principal amount of such Notes, plus (i) all accrued and unpaid interest thereon and (ii) the Prepayment Cost determined in respect of such principal amount shall all be immediately due and payable, in each and every case without presentment, demand, protest or further notice, all of which are hereby waived.

  • The Borrower acknowledges that the Prepayment Cost is a reasonable fee and charge of a Lender and reflects a fair and reasonable return to such Lender for the consideration advanced to the Borrower.


More Definitions of Prepayment Cost

Prepayment Cost means the amount equal to the sum of:
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Prepayment Cost as to each Prepayment Installment, an amount equal to (i) the present value of the interest that would be payable on the Prepayment Installment from the date of prepayment to the maturity of such installment at the interest rate payable on the Term Note, minus (ii) the present value of the interest that would be payable on the Prepayment Installment from the date of prepayment to the due date of such installment at the interest rate equal to the annualized yield on the United States Treasury security with a maturity date nearest the final maturity of the Term Note as reported on the date of prepayment. For purposes of the foregoing computation, present value shall be computed using a discount rate equal to the annualized yield on such United States Treasury security.
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Prepayment Cost means, with respect to the prepayment (or, in the circumstances referred to in Section 8.1(b), repayment) of any principal ------------- amount of any Note, the sum of (a) any costs or expenses incurred by the holder of such Note in making reasonable alternative arrangements in connection with the re-deployment or re-investment of amounts so prepaid or repaid (including, without limitation, any such costs or expenses incurred in connection with the termination or implementation of any Swap) plus (b) two percent of the principal amount prepaid.
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Prepayment Cost is defined in Section 8.6. -----------
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Related to Prepayment Cost

  • 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.

  • Prepayment Premiums Any prepayment fees and penalties to be paid by the Mortgagor on a Mortgage Loan.

  • Prepayment Premium Period means the period during which, if a prepayment of principal occurs, a prepayment premium will be payable by Borrower to Lender. The Prepayment Premium Period is the period from and including the date of this Note until but not including the first day of the Window Period.

  • 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.

  • 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:

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

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

  • Principal Prepayment Any payment of principal or other recovery on a Mortgage Loan, including a recovery that takes the form of Liquidation Proceeds or Insurance Proceeds, which is received in advance of its scheduled Due Date and is not accompanied by an amount as to interest representing scheduled interest on such payment due on any date or dates in any month or months subsequent to the month of prepayment.

  • 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.

  • 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.

  • Prepayment Penalty Schedule A data field in the Mortgage Loan Schedule attached hereto as Exhibit A which sets forth the amount or method of calculation of the Prepayment Penalty Amount and the term during which such Prepayment Penalty Amount is imposed with respect to a Mortgage Loan.

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

  • Prepayment Penalty Amount With respect to any Remittance Date, all prepayment penalties, penalty or yield maintenance premiums or charges paid by the obligors under the Mortgage Notes due to Principal Prepayments collected by the Servicer during the immediately preceding Prepayment Period.

  • Prepayment Price Has the meaning specified in Section 6.02(b) of the Indenture.

  • Collateral Principal Amount means on any date of determination (A) the aggregate principal balance of the Portfolio, including the funded and unfunded balance on any Delayed Funding Term Loan or Revolving Loan, as of such date plus (B) the amounts on deposit in the Accounts (including cash and Cash Equivalents) representing Principal Proceeds as of such date minus (C) the aggregate principal balance of all Ineligible Investments as of such date.

  • Prepayment Shift Percentage Not applicable.

  • Prepayment Penalty With respect to each Mortgage Loan, the amount of any premium or penalty required to be paid by the Mortgagor if the Mortgagor prepays such Mortgage Loan as provided in the related Mortgage Note or Mortgage.

  • Proposed Discounted Prepayment Amount has the meaning specified in Section 2.05(d)(ii).

  • 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.

  • Net Aggregate Prepayment Interest Shortfall With respect to any Distribution Date, the amount, if any, by which (a) the aggregate of all Prepayment Interest Shortfalls incurred in connection with the receipt of Principal Prepayments on the Mortgage Loans during the related Due Period, exceeds (b) the aggregate amount deposited by the Master Servicer in the Certificate Account for such Distribution Date pursuant to Section 3.19 in connection with such Prepayment Interest Shortfalls.

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

  • Prepayment Asset Sale means any Disposition by the Borrower or its Restricted Subsidiaries made pursuant to Section 6.07(h).

  • Excess Prepayment Interest Shortfall With respect to any Distribution Date, the aggregate of any Prepayment Interest Shortfalls resulting from any Principal Prepayments made on the Mortgage Loans to be included in the Aggregate Available Funds for such Distribution Date that are not covered by the Master Servicer’s Compensating Interest Payment for such Distribution Date and/or the portion of any compensating interest payments allocable to any Outside Serviced Mortgage Loan to the extent received from the related Outside Master Servicer.

  • 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.

  • Solicited Discounted Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(D)(1).

  • Interest Coverage means as of the last day of any fiscal quarter, the quotient, expressed as a percentage (which may be in excess of 100%), determined by dividing EBITDA by Interest Expense; all of the foregoing calculated by reference to the immediately preceding four fiscal quarters of the Company ending on such date of determination.