Prepayment Premium Event definition

Prepayment Premium Event has the meaning assigned to such term in Section 2.06(c)(iv).
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Prepayment Premium Event shall have the meaning set forth in Section 4.04.
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Prepayment Premium Event has the meaning set forth in Section 2.13(b).
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Examples of Prepayment Premium Event in a sentence

  • The Prepayment Premium with respect to the Additional Term Loans shall be fully earned on the First Amendment Effective Date and due and payable immediately upon the occurrence of any Prepayment Premium Event.

  • The Prepayment Premium with respect to the Initial Term Loans shall be fully earned on the Closing Date and due and payable immediately upon the occurrence of any Prepayment Premium Event.


More Definitions of Prepayment Premium Event

Prepayment Premium Event means any termination or reduction in whole of Commitments (with a corresponding prepayment in whole of the Loans) or any acceleration of the Loans for any reason and at any time, including, without limitation, whether such reduction or termination or acceleration is (i) voluntary or mandatory, (ii) made when a Default or Event of Default is then outstanding, (iii) made in connection with a sale during any Event of Default or foreclosure upon the Collateral, (iv) the result of or subsequent to the acceleration of the Loans or the termination of the Commitments for any reason at any time, including, without limitation, as a result of the occurrence of any Event of Default and, in the case of insolvency, reorganization or like proceeding, whether or not a claim for the Prepayment Premium is allowed in such proceeding, (v) made pursuant to, or as the consequence of, any regulatory or judicial enforcement or other actions from any Governmental Authority or (vi) made pursuant to, or as the consequence of, any bankruptcy or insolvency proceeding, whether or not a claim for the Prepayment Premium is allowed in such proceeding.
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Prepayment Premium Event has the meaning assigned to it in Section 2.5(b).
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Prepayment Premium Event means any voluntary prepayment of all or any portion of the Initial Term Loans in connection with (i) the refinancing, refunding or renewal of all or any portion of the Initial Term Loans or (ii) any amendment, restatement, amendment and restatement or other modification of this Agreement, in the case of each of clauses (i) and (ii), which reduces or effectively reduces the Effective Yield of the Initial Term Loans; provided, however, that (a) any prepayment or repayment of the Initial Term Loans in connection with or upon the occurrence of a Change of Control and (b) any Transformative Acquisition shall not constitute a Prepayment Premium Event.
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Prepayment Premium Event means (a) any prepayment or repayment of the Initial Term Loans in connection with or upon the occurrence of a Change of Control (including acceleration of the Initial Term Loans pursuant to Section 8.02 upon the occurrence of an Event of Default pursuant to Section 8.01(j)), (b) the refinancing, refunding or renewal of the Initial Term Loans, (c) any amendment, restatement, amendment and restatement or other modification of this Agreement that reduces the Effective Yield of the Initial Term Loans or (d) any mandatory prepayment pursuant to Section 2.05(f).
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Prepayment Premium Event has the meaning assigned to such term in Section 2.11(h)(i).
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Related to Prepayment Premium Event

  • 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 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 Date has the meaning specified in Section 2.05(c).

  • Mandatory Prepayment Amount for any Debentures shall equal the sum of (i) the greater of: (A) 130% of the principal amount of Debentures to be prepaid, plus all accrued and unpaid interest thereon, or (B) the principal amount of Debentures to be prepaid, plus all other accrued and unpaid interest hereon, divided by the Conversion Price on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is less, multiplied by the VWAP on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is greater, and (ii) all other amounts, costs, expenses and liquidated damages due in respect of such Debentures.