Repricing Premium definition

Repricing Premium means, in connection with a Repricing Transaction, a premium (expressed as a percentage of the principal amount of such Loans to be prepaid) equal to the amount set forth below:

Repricing Premium means a fee in an amount equal to 1.00% of the aggregate principal amount of all Term Loans of Term Lenders prepaid, refinanced, substituted or replaced in connection with a Repricing Transaction or otherwise subject to a Repricing Transaction. Such fees shall be due and payable upon the date of the effectiveness of such Repricing Transaction.

Repricing Premium has the meaning assigned to such term in Section 2.11(f).

Examples of Repricing Premium in a sentence

• At the time of the effectiveness of any Repricing Transaction that is consummated prior to the date that is six months after the Second Amendment Effective Date, the Borrower agrees to pay the Repricing Premium to the Administrative Agent, for the ratable account of each Term Lender.

• All prepayments under this Section 2.8 shall be accompanied by (i) all interest accrued on the amount prepaid or repaid and all other amounts then due on, or with respect to, such portion of the Loans being prepaid; (ii) any Repricing Premium (in the event of any prepayment made in accordance with Section 2.8(b)) and (iii) any breakage costs that may be owing pursuant to Section 2.16(a) after giving effect to such prepayment.

• Any prepayment of the Term B Loans or the Term C Loans pursuant to Section 2.05(a)(i), Section 2.05(b)(iii) or Section 2.05(b)(viii) in connection with a Repricing Event shall be accompanied by the payment of the Repricing Premium, for the ratable account of the Appropriate Lenders with such Term B Loans or Term C Loans that are either repaid, converted or subjected to a pricing reduction in connection with such Repricing Event.

• Such Repricing Premium shall be earned, due and payable upon the date of the occurrence of the respective Repricing Event.

• Prepayments shall be accompanied by (i) accrued interest to the extent required by Section 2.13, (ii) break funding payments pursuant to Section 2.16 and (iii) in the case of a Repricing Event, the Repricing Premium.

More Definitions of Repricing Premium

Repricing Premium as defined in Section 2.10(c).

Repricing Premium means a premium of 1.00% of the aggregate principal amount of any Loans being prepaid, to be applied to each of the following prepayments made prior to the first anniversary of the Closing Date:

Repricing Premium in Section 1.01 of the Credit Agreement is hereby amended by:

Repricing Premium means, in connection with a Repricing Transaction on or prior to the date that is twelve months after the Closing Date, a premium equal to 1.00% of the principal amount of the Initial Term Loans subject to such Repricing Transaction (including any Initial Term Loans that are required to be assigned pursuant to Section 9.1(f) in connection with a Repricing Transaction, with such premium applicable to such assigned Initial Term Loans and payable to the applicable assignor but not to the applicable assignee).

Repricing Premium set forth in Section 1.01 of the Credit Agreement is hereby amended by deleting the text “Third Incremental Amendment Effective Date” appearing therein and inserting the text “Fourth Incremental Amendment Effective Date” in lieu thereof.

Repricing Premium has the meaning assigned to such term in Section 2.12(c). “Repricing Transaction” means each of (a) the prepayment, repayment, refinancing, substitution, repricing or replacement of all or a portion of the Initial Term Loans substantially concurrently with the incurrence by any Loan Party of any secured term loans (including any Replacement Term Loans) having an Effective Yield that is less than the Effective Yield applicable to the Initial Term Loans so prepaid, repaid, refinanced, substituted, repriced or replaced and (b) any amendment, waiver or other modification to this Agreement that would have the effect of reducing the Effective Yield applicable to the Initial Term Loans; provided that the primary purpose of such prepayment, repayment, refinancing, substitution, replacement, amendment, waiver or other modification is to reduce the Effective Yield applicable to the Initial Term Loans; provided, further, that in no event shall any such prepayment, repayment, refinancing, substitution, replacement, amendment, waiver or other modification in connection with a Change in Control constitute a Repricing Transaction. 31

Repricing Premium as defined in Section 2.10(cd).