Examples of Prepayment Fee in a sentence
The Loan Parties agree that the Prepayment Fee is a reasonable estimate of Xxxxxx’s damages due to the early termination of this Agreement and the Loan Parties agree that the amount is reasonable under the current circumstances currently existing.
For the avoidance of doubt, except for fees accruing in respect of Loans advanced as set forth in paragraph 2 of the Fee Letter, no premium, penalty or Prepayment Fee (as defined in the Fee Letter) shall apply to the principal amounts of the Loans converted into shares of Common Stock pursuant to this Section 2.2(e).
Borrowers may terminate this Agreement with at least ninety (90) days’ prior written notice to Lender by (1) paying all Obligations in full (including the Prepayment Fee in the following sentence); and (2) paying in full (or, at Xxxxxx’s election, cash collateralizing to its satisfaction) Hedging Obligations.
The Borrower shall pay, pursuant hereto, the Undrawn Fee, the Make-Whole Fee, the Prepayment Fee and any other fees (collectively, “Fees”) in the amounts and on the dates set forth herein or in one or more fee letter agreements, dated on or after the date hereof, signed by the Borrower, the Facility Agent and/or any applicable Lender Group (as any such fee letter agreement may be amended, restated, supplemented or otherwise modified from time to time, a “Fee Letter”).
The Prepayment Fee is part of the Obligations and is secured by the Collateral.