Prepayment Indemnity means in respect of any principal amount to be prepaid or cancelled, the amount communicated by the Bank to the Borrower as the present value (as of the Prepayment Date) of the excess, if any, of:
Prepayment Indemnity means in respect of any principal amount to be prepaid or cancelled, the amount communicated by the Bank to the Borrower as the present value (calculated as of the Prepayment Date or the date of cancellation pursuant to Article 1.6.C(2)) of the excess, if any, of:
Prepayment Indemnity means in respect of any Prepayment Amount, an amount to be paid in addition to such Prepayment Amount and equal to the greater of:
Examples of Prepayment Indemnity in a sentence
Such Prepayment Indemnity shall accrue from the due date for payment specified in the Bank’s notice of demand and be calculated on the basis that prepayment is effected on the date so specified.
In case of demand under Article 10.01 in respect of any Fixed Rate Tranche, the Borrower shall pay to the Bank the amount demanded together with the Prepayment Indemnity on any amount of principal due to be prepaid.
The Prepayment Notice shall specify the Prepayment Amount, the accrued interest due thereon, the Prepayment Indemnity payable under Article 4.02B or, as the case may be, that no indemnity is due, the method of application of the Prepayment Amount and the Acceptance Deadline.
Such Prepayment Indemnity shall accrue from the due date for payment specified in the Bank's notice of demand and be calculated on the basis that prepayment is effected on the date so specified.
If the Borrower prepays a Fixed Rate Tranche, the Borrower shall pay to the Bank on the Prepayment Date the Prepayment Indemnity in respect of the Fixed Rate Tranche which is being prepaid.
More Definitions of Prepayment Indemnity
Prepayment Indemnity. – means the sum of the Present Values calculated for each Payment Date from the date of prepayment until the Maturity Date of the Financing.
Prepayment Indemnity means an indemnity claim that the Lender may assert against the Borrower in the event of an early repayment and that equals the difference between (a) the interest (excluding the Margin or spread above the benchmark rate determined on pricing date hereof, as the case may be) that would otherwise be owed by the Borrower pursuant to section 2 (Interest) for the remaining term of the Loan or the remaining part of the relevant Interest Period and (b) the amount which that Lender would be able to obtain by placing an amount equal to the principal amount received by it on deposit with a leading bank in the Interbank Market for a period which is equal in length to the unexpired portion of the maturity period or the unexpired part of the Interest Period.
Prepayment Indemnity means in respect of any principal amount to be prepaid, the amount communicated by the Bank to the Borrower as the present value (calculated as of the Prepayment Date) of the excess, if any, of: the interest net of the Margin that would accrue thereafter on the Prepayment Amount over the period from the Prepayment Date to the Interest Revision/Conversion Date, if any, or the Maturity Date, if it were not prepaid; over the interest that would so accrue over that period, if it were calculated at the Redeployment Rate, less 0.19% (nineteen basis points). The said present value shall be calculated at a discount rate equal to the Redeployment Rate, applied as of each relevant Payment Date.
Prepayment Indemnity shall be equal to the aggregate of the principal payments to be prepaid, plus: (a) the sum of the following: the interest that would have been payable (on the originally scheduled interest payment dates) with respect to those principal payments to be prepaid, discounted in each case to its present value at the applicable Discount Rate; MINUS (b) the sum of the following: each amount of interest (calculated on the same dates as in subsection (a) above) that would accrue on the prepaid principal if such principal were reinvested at the Reinvestment Rate, discounted in each case to its present value at the applicable Discount Rate; but in no event shall the Prepayment Indemnity be less than the principal amount of the Note to be prepaid.
Prepayment Indemnity shall equal the present value (determined by the Bank using the Government Yield as of the date of prepayment as the discount factor) on the prepayment date of a stream of equal monthly payments in number equal to the number of whole months (using a thirty-day month) in the Average Maturity Period. The amount of each such monthly payment shall equal the quotient obtained by DIVIDING (a) the product of the amount prepaid, TIMES the Interest Differential, TIMES a fraction, the numerator of which is the number of days in the Average Maturity Period and the denominator of which is 360, BY (b) the number of whole months (using a thirty-day month) in the Average Maturity Period.
Prepayment Indemnity means in respect of any principal amount to be prepaid or cancelled, the amount communicated by the Bank to the Borrower as the present value (as of the Prepayment Date) of the excess, if any, of: the interest that would accrue thereafter on the Prepayment Amount over the period from the Prepayment Date to the Maturity Date, if it were not prepaid; over the interest that would so accrue over that period, if it were calculated at the Redeployment Rate, less 0.15% (fifteen basis points), and such present value shall be calculated at a discount rate equal to the Redeployment Rate, applied as of each relevant Payment Date.
Prepayment Indemnity means in respect of any principal amount under a Tranche (and for the avoidance of doubt such amount shall not include any capitalised return under Article 3.01), to be prepaid or cancelled, an amount equal to: