Prepayment Costs definition

Prepayment Costs means interest, Administrative Expenses, any applicable Delinquent Collection Costs, and expenses to the date of Prepayment, plus any additional expenses related to the Prepayment, reasonably expected to be incurred by or imposed upon the City as a result of any Prepayment.

Prepayment Costs means interest, Delinquent Collection Costs and Annual Collection Costs to the date of Prepayment.

Prepayment Costs means interest, including Additional Interest and Annual Collection Costs, to the date of Prepayment.

Examples of Prepayment Costs in a sentence

• Subject to the terms and conditions of the Note and this Addendum, Borrower may, upon at least three (3) Business Days' irrevocable notice to Bank as provided herein, at any time and from time to time on any Business Day prepay any Prime Loan or Libor Loan in whole or in part, without penalty or premium, other than customary actual "Breakage Fees" and "Prepayment Costs" as defined below, resulting from prepayment of any Libor Loan prior to the expiration of the Interest Period relating thereto.

• If any Assessed Property is transferred to a person or entity that is exempt from payment of the Assessment, the owner transferring such Assessed Property shall pay to the City the full amount of the Assessment on such Assessed Property, plus Prepayment Costs and Delinquent Collection Costs, prior to the transfer.

• If the required Loan Assumption Approval is not obtained for any Existing Debt or if SCOLP elects to prepay any Existing Debt, all associated Prepayment Costs shall be paid by the parties as provided in the Omnibus Agreement.

• If Borrower makes any payment of Prepaid Principal (voluntarily or not), and if the Applicable Rate with respect to such Prepaid Principal is not a Variable Prime-Based Rate, then Borrower shall pay to the Bank an amount sufficient to compensate the Bank for its Prepayment Costs.

• Borrower acknowledges that determining the actual amount of Prepayment Costs may be difficult or impossible in any specific instance.

More Definitions of Prepayment Costs

Prepayment Costs as defined below, resulting from prepayment of any Libor Loan prior to the expiration of the Interest Period relating thereto. The notice of prepayment shall specify the date and amount of the prepayment, and the Loan to which the prepayment applies. Each partial prepayment of a Libor Loan shall be in an amount not less than Fifty Thousand Dollars ($50,000) or such greater amount which is an integral multiple of Fifty Thousand Dollars ($50,000); provided, that unless a Libor Loan is prepaid in full, no prepayment shall be made if, after giving effect to such prepayment, the aggregate principal amount of Libor Loans having the same Interest Period shall be less than One Million Dollars ($1,000,000). Notice of prepayment having been delivered as aforesaid, the principal amount of the prepayment specified in such notice shall become due and payable on the prepayment date set forth in such notice. All payments of principal under this Section 4 shall be accompanied by accrued but unpaid interest on the amount being prepaid through the date of such prepayment.

Prepayment Costs shall have the meaning set forth in Section 3.9.

Prepayment Costs means principal and interest, including Additional Interest, and Annual Collection Costs incurred up to the date of Prepayment, and including any penalties.

Prepayment Costs means interest to the date of prepayment of any Assessment, plus expenses related to the prepayment that are allowed by the PID Act and reasonably expected to be incurred by or imposed upon the City as a result of the prepayment.

Prepayment Costs means interest, Administrative Expenses, and any applicable Delinquent Collection Costs to the date of Prepayment, plus any additional expenses related to the Prepayment allowed by applicable law, reasonably expected to be incurred by or imposed upon the City as a result of any Prepayment of all or part of an Assessment.

Prepayment Costs means interest and expenses to the date of prepayment, plus any additional amounts due pursuant to the Indenture related to the Bonds and allowed by law, if any, reasonably expected to be incurred by or imposed upon the Town as a result of any prepayment of an Assessment and the Bonds secured by such Assessment.

Prepayment Costs has the meaning specified under Sub-clause 4.7. “Prepayment Date” has the meaning specified under Sub-clause 4.7. “Prepayment Notice” has the meaning specified under Sub-clause 4.7.