Revolving Loan Prepayment Fee definition

Revolving Loan Prepayment Fee shall have the meaning set forth in Section 4(b) of the Loan Agreement Schedule.
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Revolving Loan Prepayment Fee has the meaning set forth in Section 4.2(c) hereof.
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Revolving Loan Prepayment Fee shall be an amount equal to three percent (3%) of the then-outstanding principal sum of all Revolving Loans. The Revolving Loan Prepayment Fee is intended to compensate Lender for committing and deploying funds for Borrower’s Loans pursuant to the Agreement and for Lender’s loss of investment of such funds in connection with such early termination, and is not intended as a penalty.
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Examples of Revolving Loan Prepayment Fee in a sentence

  • An Award described in Section 6.6 that entitles a Participant to receive shares of Stock, cash or a combination of Stock and cash, as determined by the Committee.

  • The Revolving Loan Prepayment Fee is intended to compensate Lender for committing and deploying funds for Borrower’s Loans pursuant to the Loan Agreement and for Lender’s loss of investment of such funds in connection with such early termination, and is not intended as a penalty.

  • Upon any acceleration of the Loans pursuant to this Agreement or any other Loan Document, Borrower shall immediately repay all (or if only a portion is accelerated thereunder, such portion of) the Loans then outstanding, including all accrued and unpaid interest thereon, plus the aggregate Term Loan Prepayment Fee and Revolving Loan Prepayment Fee, as applicable, for the Loans and all other amounts owed under the Loan Documents.

  • The Revolving Loan Prepayment Fee is intended to compensate Lender for committing and deploying funds for Borrower’s Revolving Loans pursuant to the Agreement and for Lender’s loss of investment of such funds in connection with such early termination, and is not intended as a penalty.

  • The Revolving Loan Prepayment Fee also shall be due and payable by Borrower to Lender if the payment of the Obligations is accelerated pursuant to the Loan Agreement or any Note, either at Lender’s option or automatically, on or before June __, 2024 due to the occurrence of an Event of Default, including, without limitation and for the avoidance of doubt, the occurrence of an Event of Default pursuant to Section 11.6 or 11.7 of the Loan Agreement.

  • The Revolving Loan Prepayment Fee is intended to compensate Lender for committing and deploying funds for Borrower’s Revolving Loans pursuant to the Loan Agreement and for Lxxxxx’s loss of investment of such funds in connection with such early termination, and is not intended as a penalty.

  • On the Stated Maturity Date or date of acceleration of the Loans, Borrower shall repay in full the aggregate of then outstanding principal amount of the Revolving Loans plus all accrued and unpaid interest thereon, any Revolving Loan Prepayment Fee applicable to the Revolving Loans and all other amounts owed hereunder and under each Loan Document related to the Revolving Loans.

  • The Revolving Loan Prepayment Fee is intended to compensate Lender for committing and deploying funds for Borrower’s Revolving Loans pursuant to the Loan Agreement and the other Loan Documents and for Lender’s loss of investment of such funds in connection with such early termination, and is not intended as a penalty.

  • The Revolving Loan Prepayment Fee also shall be due and payable by Borrower to Lender if Lender accelerates the payment of the Obligations on or before July 29, 2024 due to the occurrence of an Event of Default.

  • The Revolving Loan Prepayment Fee also shall be due and payable by Borrower to Lender if Lender accelerates the payment of the Obligations on or before November 13, 2017 due to the occurrence of an Event of Default.

Related to Revolving Loan Prepayment Fee

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Discounted Term Loan Prepayment has the meaning assigned to such term in Section 2.11(a)(ii)(A).

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Revolving Commitment Fee has the meaning specified in Section 2.09(a).

  • Revolving Credit Commitment Fee shall have the meaning assigned to such term in Section 2.05(a).

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

  • Term Loan has the meaning specified in Section 2.01(b).

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Revolving Loan Commitment Percentage means, as to any Lender, (a) on the Closing Date, the percentage set forth opposite such Lender’s name on the Commitment Annex under the column “Revolving Loan Commitment Percentage” (if such Lender’s name is not so set forth thereon, then, on the Closing Date, such percentage for such Lender shall be deemed to be zero), and (b) on any date following the Closing Date, the percentage equal to the Revolving Loan Commitment Amount of such Lender on such date divided by the Revolving Loan Commitment on such date.

  • Notice of Loan Prepayment means a notice of prepayment with respect to a Loan, which shall be substantially in the form of Exhibit 2.05 or such other form as may be approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer.

  • Tranche B Advance has the meaning specified in Section 2.01(b).

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • ABR Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • Term Loan Rate means an interest rate per annum equal to (a) the sum of the Alternate Base Rate plus the Applicable Margin with respect to Domestic Rate Loans and (b) the sum of the Eurodollar Rate plus the Applicable Margin with respect to Eurodollar Rate Loans.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Revolving Loan Maturity Date means the earliest to occur of (i) the Maturity Date and (ii) the date on which the Revolving Loans become due and payable in accordance with Section 10.02.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • Incremental Revolving Loan has the meaning set forth in Section 2.14(b).

  • Revolving Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.

  • Incremental Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Term Loan Commitment Percentage means, for any Lender, the percentage identified as its Term Loan Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6.

  • Revolving Loan Limit means, at any time, the lesser of (a) the Revolving Loan Commitment and (b) the Borrowing Base.