Applicable Prepayment Premium

Applicable Prepayment Premium. As of any date of determination (a) with respect to the Term Loans, an additional amount equal to the product of (i) the principal amount of the Term Loans that are prepaid on such date (or, in the case of prepayments made pursuant to Section 2.12(b), the amount provided in Section 2.12(d)), times (ii) a percentage that (A) shall equal 4% for all payments during the period from and after the date of the execution and delivery of this Agreement up to and including the date that is the... 3-year anniversary of the Closing Date, (B) shall equal 1% for all payments during the period from and after the date that is the 3-year anniversary of the Closing Date up to and including the date that is the 4-year anniversary of the Closing Date, and (C) shall equal 0% thereafter, and (b) with respect to the Revolving Credit Facility, an additional amount equal to the product of (i) the amount of the reduction of the Revolving Credit Commitments on such date (or, if the Revolving Credit Commitments are being terminated, the amount of the Revolving Credit Commitments immediately prior to such termination), times (ii) a percentage that (A) shall equal 1% for all payments during the period from and after the date of the execution and delivery of this Agreement up to and including the date that is the 2-year anniversary of the Closing Date, and (B) shall equal 0% thereafter. View More

Applicable Prepayment Premium. Means, for any day on which Loans are prepaid pursuant to Section 3.04(a), the amount (expressed as a percentage of the principal amount of the Loans to be so prepaid) set forth below opposite the period in which such day occurs: Period Amount Prior to the first anniversary of the Closing Date 4.0 % On or after the first anniversary of the Closing Date but prior to the second anniversary of the Closing Date 4.0 % On or after the second anniversary of... the Closing Date but prior to the third anniversary of the Closing Date 2.0 % in each case, subject to adjustment in accordance with Section 2.08(b). View More