Tranche B Early Termination Fee definition

Tranche B Early Termination Fee. Defined in Section 2.17(b).
Tranche B Early Termination Fee has the meaning provided in Section 2.3(c).
Tranche B Early Termination Fee means $75,000; provided, however, that Tranche B Lender agrees that it shall pay $25,000 in outstanding legal fees due to its counsel for services rendered through January 12, 2004; and provided further, however, that Tranche B Lender's agreement to pay such legal fees shall not relieve Borrower from the obligation under the Financing Agreement to pay Tranche B Lender's legal fees and expenses for services rendered from and after January 13, 2004.

Examples of Tranche B Early Termination Fee in a sentence

  • The Tranche A Early Termination Fee and the Tranche B Early Termination Fee provided for in this Section 3.7 shall be deemed included in the Obligations.

  • The Agent and the Prior Lenders are directed to apply the proceeds of such post-petition borrowing to pay the Prior Lenders Claim (other than to amounts due on account of the Tranche A Early Termination Fee and the Tranche B Early Termination Fee) or, in the case of undrawn letters of credit issued under the Pre-Petition Loan Agreement, if any, to convert the contingent reimbursement obligations relating to such letters of credit to post-petition reimbursement obligations under the DIP Loan Agreement.

  • Pursuant to Bankruptcy Code Sections 363 and 549, the Debtors' payment, pursuant to the Interim Order, of the full amount of the Prior Lenders Claim (other than amounts due on account of the Tranche A Early Termination Fee and the Tranche B Early Termination Fee, each as defined in the Pre-Petition Loan Agreement) to the Prior Lenders upon the initial drawing under the DIP Credit Facility is hereby ratified.

  • Notwithstanding the foregoing, the Tranche B Early Termination Fee shall not be due if the Tranche B Loans are paid in full in cash during the period from January 1, 2006 through the Maturity Date.

  • To the Tranche B Lender to the extent of the aggregate of all Tranche B Fees and Costs of Collection incurred by the Tranche B Lender, other than the Tranche B Early Termination Fee.

  • The Tranche A Early Termination Fee and the Tranche B Early Termination Fee shall be presumed to be the amount of damages sustained by the Lender Group as the result of the early termination and Borrower agrees that it is reasonable under the circumstances currently existing.


More Definitions of Tranche B Early Termination Fee

Tranche B Early Termination Fee. Defined in Section 3.3(b).
Tranche B Early Termination Fee. Defined in Section 3:3-3(c).
Tranche B Early Termination Fee. The fee payable pursuant to Section 8.14 hereof.

Related to Tranche B Early Termination Fee

  • Early Termination Fee has the meaning set forth in Section 7.2.

  • Early Termination Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, these Conditions or the relevant Final Terms;

  • Early Termination Payment is defined in Section 4.3(b) of this Agreement.

  • Early Termination Date means the date determined in accordance with Section 6(a) or 6(b)(iv).

  • Reverse Termination Fee has the meaning set forth in Section 7.02(b).

  • Company Termination Fee has the meaning set forth in Section 7.3(a).

  • Early Termination Rate means the lesser of (i) 6.5% per annum, compounded annually, and (ii) LIBOR plus 100 basis points.

  • Automatic Early Termination provision of Section 6(a) will not apply to Party A and will not apply to Party B.

  • Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1995-1 Termination Date.

  • Early Termination Charge means, with respect to any 2016-B Lease that is terminated prior to its Maturity Date, an amount equal to the lesser of (a) the present value (discounted at the implicit rate of such 2016-B Lease) of all remaining Monthly Payments and (b) the excess, if any, of the adjusted 2016-B Lease balance over the related 2016-B Vehicle’s fair market wholesale value in accordance with accepted practices in the automobile industry (or by written agreement between the Servicer, on behalf of the Titling Trust, and the Lessee).

  • Early Termination Effective Date is defined in Section 4.2 of this Agreement.

  • Early Termination Event has the meaning specified in Section 9.2.

  • Early Termination Notice Date Any date as of which the aggregate Stated Principal Balance of the Mortgage Loans (including REO Mortgage Loans) is less than 1.0% of the sum of the aggregate Cut-Off Date Balance of the Mortgage Pool initially included in the Trust Fund.

  • Termination Fee has the meaning set forth in Section 7.02(a).

  • Termination Fee Event has the meaning ascribed thereto in Section 5.2(a);

  • Parent Termination Fee has the meaning set forth in Section 7.3(b).

  • Early Termination means the Termination of Employment before Normal Retirement Age for reasons other than death, Disability, Termination for Cause or following a Change of Control.

  • Scheduled Commitment Termination Date means May 24, 2016, as such date may be extended by mutual agreement of the parties hereto (each, in their sole and absolute discretion) pursuant to Sections 2.21 and 12.01(b).

  • Early Termination Notice is defined in Section 4.2 of this Agreement.

  • Term Loan Termination Date means the earlier to occur of (a) the Term Loan Maturity Date and (b) the acceleration of the Term Loans in accordance with the terms hereof.

  • Loan Termination Date means the earliest to occur of the following: (i) as to TERM NOTE 2 and TERM NOTE 5, September 1, 2011; as to the REVOLVING NOTE, May 18, 2009 (ii) the date the OBLIGATIONS are accelerated pursuant to this AGREEMENT, and (iii) the date BANK receives (a) notice in writing from BORROWER of BORROWER’s election to terminate this AGREEMENT and (b) indefeasible payment in full of the OBLIGATIONS.

  • Swap Termination Payment Upon the designation of an “Early Termination Date” as defined in the Swap Agreement, the payment to be made by the Swap Administrator to the Swap Provider from payments from the Trust Fund, or by the Swap Provider to the Swap Administrator for payment to the Trust Fund, as applicable, pursuant to the terms of the Swap Agreement.

  • Commitment Termination Date means the earlier of (a) the Maturity Date and (b) the earlier termination in whole of the Commitments pursuant to Section 2.04 or Article VII.

  • Scheduled Termination Date means the date that is 364 days from (and including) the Effective Date, or any succeeding date to which the term of this Agreement is extended pursuant to Section 2.03.

  • lump sum payment period means the period measured in weeks of salary, for which payment has been made to facilitate the transition to retirement or to other employment as a result of the implementation of various programs to reduce the size of the Public Service. The lump sum payment period does not include the period of severance pay, which is measured in a like manner.

  • Estimated Swap Termination Payment means, with respect to an Early Termination Date, an amount determined by Party A in good faith and in a commercially reasonable manner as the maximum payment that could be owed by Party B to Party A in respect of such Early Termination Date pursuant to Section 6(e) of the ISDA Master Agreement, taking into account then current market conditions.