Prepayment indemnity. 4.2.B(1) FIXED RATE TRANCHE Subject to Article 4.2.B(3) below, 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.
Prepayment indemnity. In the case of an Indemnifiable Prepayment Event, the indemnity, if any, shall be determined in accordance with Article 4.02B. A repaid or prepaid amount may not be reborrowed. This Article 4 shall not prejudice Article 10. If the Borrower prepays a Tranche on a date other than a relevant Payment Date, the Borrower shall indemnify the Bank in such amount as the Bank shall certify is required to compensate it for receipt of funds otherwise than on a relevant Payment Date. Any amount due by way of interest, indemnity or fee from the Borrower under this Contract, and calculated in respect of a fraction of a year, shall be determined on the following respective conventions:
Prepayment indemnity. In the case of an Indemnifiable Prepayment Event, the indemnity, if any, shall be determined in accordance with Article 4.2.B.
Prepayment indemnity. On account of any losses suffered by the Lender as a result of the prepayment of the whole or any part of the Facility in accordance with Clauses 8.1 (Voluntary prepayment) or 8.2 (Mandatory prepayment), the Borrower shall pay to the Lender an indemnity equal to the aggregate amount of: - the Prepayment Compensatory Indemnity; and - any costs arising out of the break of any interest rate hedging swap transactions put in place by the Lender in connection with the amount prepaid.
Prepayment indemnity. FIXED RATE TRANCHE Subject to Article 4.2.B.3 below, 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. FLOATING RATE TRANCHE Subject to Article 4.2.B.3 below, the Borrower may prepay a Floating Rate Tranche without indemnity on any relevant Payment Date. REVISION/CONVERSION Prepayment of a Tranche on its Interest Revision/Conversion Date may be effected without indemnity unless the Borrower has accepted in writing a Fixed Rate under an Interest Revision/Conversion Proposal, as accepted under Article 1.2.C or pursuant to Schedule D.
Prepayment indemnity. 4.02B(1) Fixed-Rate Tranche In respect of each Prepayment Amount of a Fixed-Rate Tranche, the Borrower shall pay to the Bank on the Prepayment Date an indemnity equal to the present value (as of the Prepayment Date) of the excess, if any, of:
Prepayment indemnity. In the case of an Indemnifiable Prepayment Event, the indemnity, if any, shall be determined in accordance with Article 4.2.B. General A repaid or prepaid amount may not be reborrowed. This Article 4 shall not prejudice Article 10. If the Borrower prepays a Tranche on a date other than a relevant Payment Date, the Borrower shall indemnify the Bank in such amount as the Bank shall certify is required to compensate it for receipt of funds otherwise than on a relevant Payment Date. Day count convention Any amount due by way of interest, indemnity or fee from the Borrower under this Contract, and calculated in respect of a fraction of a year, shall be determined on the following respective conventions: in respect of interest and indemnities due under a Fixed Rate Tranche, a year of 360 (three hundred and sixty) days and a month of 30 (thirty) days; in respect of interest and indemnities due under a Floating Rate Tranche, a year of 360 (three hundred and sixty) days but 365 (three hundred and sixty-five) days (invariable) for GBP, ZAR and PLN and the number of days elapsed; in respect of fees, a year of 360 (three hundred and sixty) days but 365 (three hundred and sixty-five) days (invariable) for fees due in GBP, ZAR and PLN) and the number of days elapsed. Time and place of payment Unless otherwise specified in this Contract or in the Bank’s demand, all sums other than sums of interest, indemnity and principal are payable within 15 (fifteen) days of the Borrower’s receipt of the Bank’s demand. Each sum payable by the Borrower under this Contract shall be paid to the relevant account notified by the Bank to the Borrower. The Bank shall notify the account not less than 15 (fifteen) days before the due date for the first payment by the Borrower and shall notify any change of account not less than 15 (fifteen) days before the date of the first payment to which the change applies. This period of notice does not apply in the case of payment under Article 10. The Borrower shall indicate in each payment made hereunder the contract number (81.657) found on the cover page of this Contract. A sum due from the Borrower shall be deemed paid when the Bank receives it. Any disbursements by and payments to the Bank under this Contract shall be made using account(s) acceptable to the Bank. For the avoidance of doubt, any account in the name of the Borrower held with a duly authorized financial institution in the jurisdiction where the Borrower is incorporated or where the Pro...
Prepayment indemnity. In the case of an Indemnifiable Prepayment Event, the indemnity, if any, shall be determined in accordance with Article 4.2.B. A repaid or prepaid amount may not be reborrowed. This Article 4 shall not prejudice Article 10. If the Borrower prepays a Tranche on a date other than a relevant Payment Date, the Borrower shall indemnify the Bank in such amount as the Bank shall certify is required to compensate it for receipt of funds otherwise than on a relevant Payment Date.
Prepayment indemnity. In the case of prepayment upon an event mentioned under Article 4.03A, other than paragraph 4.03A(1) (each such event herein referred to as an ‘‘Indemnifiable Prepayment Event’’), the indemnity, if any, shall be determined in accordance with Article 4.02B. If, moreover, pursuant to any provision of Article 4.03B the Borrower prepays a Tranche on a date other than a relevant Payment Date, the Borrower shall indemnify the Bank in such amount as the Bank shall certify is required to compensate it for receipt of funds otherwise than on a relevant Payment Date. If the Borrower partially prepays a Tranche, the Prepayment Amount shall be applied pro rata or, at its option, by inverse order of maturity to each outstanding instalment. If the Bank demands a partial prepayment of the Loan, the Borrower, in complying with the demand, may, by notice to the Bank, delivered within five Luxembourg Business Days of its receipt of the Bank’s demand, choose the Tranches to be prepaid and exercise its option for application of the prepaid sums.
Prepayment indemnity. FIxED RATE TRANCHE Subject to Article 4.2.B.3 below, 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. FLOATING RATE TRANCHE Subject to Article 4.2.B.3 below, the Borrower may prepay a Floating Rate Tranche without indemnity on any relevant Payment Date. NO INDEMNITy Unless the Borrower has accepted in writing a Fixed Rate in respect of an Interest Revision/Conversion Proposal pursuant to Schedule D, prepayment of a Tranche on its Interest Revision/Conversion Date as notified under Article 1.2.C(gg)(viii), or in accordance with Schedule C.A.1 or D, as the case may be, may be effected without indemnity.