Prepayment Fee

Example Definitions of "Prepayment Fee"
Prepayment Fee. The "Prepayment Fee"
Prepayment Fee. Shall mean a fee payable by Mezzanine Borrower to Mezzanine Lender in connection with a prepayment of all or any portion of the outstanding principal amount of this Note after the date hereof and prior to the Prepayment Release Date in an amount equal to: (a)if the Prepayment Date occurs after the date hereof and on or before November 14, 2008, 1.00% of the Prepayment Amount; (b)if the Prepayment Date occurs after November 14, 2008 and on or before December 14, 2008, 0.9167% of the... Prepayment Amount; (c)if the Prepayment Date occurs after December 14, 2008 and on or before January 14, 2009, 0.8333% of the Prepayment Amount; (d)if the Prepayment Date occurs after January 14, 2009 and on or before February 14, 2009, 0.7500% of the Prepayment Amount; 3 (e)if the Prepayment Date occurs after February 14, 2009 and on or before March 14, 2009, 0.6667% of the Prepayment Amount; (f)if the Prepayment Date occurs after March 14, 2009 and on or before April 14, 2009, 0.5833% of the Prepayment Amount; (g)if the Prepayment Date occurs after April 14, 2009 and on or before May 14, 2009, 0.5000% of the Prepayment Amount; (h)if the Prepayment Date occurs after May 14, 2009 and on or before June 14, 2009, 0.4167% of the Prepayment Amount; (i)if the Prepayment Date occurs after June 14, 2009 and on or before July 14, 2009, 0.3333% of the Prepayment Amount; (j)if the Prepayment Date occurs after July 14, 2009 and on or before August 14, 2009, 0.2500% of the Prepayment Amount; (k)if the Prepayment Date occurs after August 14, 2009 and on or before September 14, 2009, 0.1667% of the Prepayment Amount; (l)if the Prepayment Date occurs after September 14, 2009 and on or before October 14, 2009, 0.0833% of the Prepayment Amount; and (m)if the Prepayment Date occurs after October 14, 2009, 0.0% of the Prepayment Amount. No Prepayment Fee shall be due on any payments made on or after the Prepayment Release Date. The Prepayment Fee shall be payable simultaneously with Mezzanine Borrower's payment of the Principal Amount. View More Arrow
Prepayment Fee. Shall mean a fee to be paid by Borrower on any prepayment of the principal outstanding hereunder equal to (A) three percent (3%) of the aggregate principal amount of the Term Loan being prepaid prior to its scheduled maturity if any such prepayment occurs on or prior to the first anniversary of the Effective Date; (B) two percent (2%) of the aggregate principal amount of the Term Loan being prepaid prior to its scheduled maturity if any such prepayment occurs after the first anniversary of the... Effective Date and prior to the second anniversary of the Effective Date; and (C) one percent (1%) of the aggregate principal amount of the aggregate principal amount of the Term Loan being prepaid prior to its scheduled maturity if any such prepayment occurs after the second anniversary of the Effective Date and prior to the third anniversary of the Effective Date. View More Arrow
Prepayment Fee. Shall mean a non-refundable fee equal to, in connection with Mezzanine Borrower's payment of the Loan (or any part thereof, to the extent permitted by the Loan Documents (Junior Mezzanine)) on or after the Closing Date and to but excluding May 9, 2005, 0.8459% of the outstanding Principal Amount being prepaid, (i) on or after May 9, 2005 and to but excluding June 9, 2005, 0.769% of the outstanding Principal Amount being prepaid, (ii) on or after June 9, 2005 and to but excluding July 9, 2005,... 0.6921% of the outstanding Principal Amount being prepaid, (iii) on or after July 9, 2005 and to but excluding August 9, 2005, 0.6152% of the outstanding Principal Amount being prepaid, (iv) on or after August 9, 2005 and to but excluding September 9, 2005, 0.5383% of the outstanding Principal Amount being prepaid, (v) on or after September 9, 2005 and to but excluding October 9, 2005, 0.4614% of the outstanding Principal Amount being prepaid, (vi) on or after October 9, 2005 and to but excluding November 9, 2005, 0.3845% of the outstanding Principal Amount being prepaid, (vii) on or after November 9, 2005 and to but excluding December 9, 2005, 0.3076% of the outstanding Principal Amount being prepaid, (viii) on or after December 9, 2005 and to but excluding January 9, 2006, 0.2307% of the outstanding Principal Amount being prepaid, (ix) on or after January 9, 2006 and to but excluding February 9, 2006, 0.1538% of the outstanding 3 Principal Amount being prepaid, and (x) on or after February 9, 2006 and to but excluding March 9, 2006, 0.0769% of the outstanding Principal Amount being prepaid. No Prepayment Fee shall be due on any payments on or after March 9, 2006. The Prepayment Fee shall be payable simultaneously with Mezzanine Borrower's payment of the Principal Amount. View More Arrow
Prepayment Fee. Shall mean a non-refundable fee equal to in connection with Mezzanine Borrower's payment of the Mezzanine Loan (or any part thereof, to the extent permitted by the Loan Documents (Third Mezzanine)) (i) on or after the date hereof to and including March 1, 2006, 1.00% of the outstanding Principal Amount then being paid, (ii) after March 1, 2006 and to and including April 1, 2006, 0.95% of the outstanding Principal Amount then being paid, (iii) after April 1, 2006 and to and including May 1,... 2006, 0.85% of the outstanding Principal Amount then being paid, (iv) after May 1, 2006 and to and including June 1, 2006, 0.80% of the outstanding Principal Amount then being paid, (v) after June 1, 2006 and to and including July 1, 2006, 0.75% of the outstanding Principal Amount then being paid, (vi) after July 1, 2006 and to and including August 1, 2006, 0.70% of the outstanding Principal Amount then being paid, (vii) after August 1, 2006 and to and including September 1, 2006, 0.65% of the outstanding Principal Amount then being paid, (viii) on September 1, 2006 and to and including October 1, 2006, 0.60% of the outstanding Principal Amount then being paid, (ix) after October 1, 2006 and to and including November 1, 2006, 0.55% of the outstanding Principal Amount then being paid, (x) after November 1, 2006 and to and including December 1, 2006, 0.50% of the outstanding Principal Amount then being paid, (xi) after December 1, 2006 and to and including January 1, 2007, 0.45% of the outstanding Principal Amount then being paid, (xii) after January 1, 2007 and to and including February 1, 2007, 0.40% of the outstanding Principal Amount then being paid, (xiii) after February 1, 2007 and to and including March 1, 2007, 0.35% of the outstanding Principal Amount then being paid, (xiv) after March 1, 2007 and to and including April 1, 2007, 0.30% of the outstanding Principal Amount then being paid, (xv) after April 1, 2007 and to and including May 1, 2007 0.25% of the outstanding Principal Amount then being paid, (xvi) after May 1, 2007 and to and including June 1, 2007, 0.20% of the outstanding Principal Amount then being paid, (xvii) after June 1, 2007 and to and including July 1, 2007, 0.15% of the outstanding Principal Amount then being paid, and (xviii) after July 1, 2007 and to and including August 1, 2007, 0.10% of the outstanding Principal Amount then being paid. No Prepayment Fee shall be due on any payments made after August 1, 2007. The Prepayment Fee shall be payable simultaneously with Mezzanine Borrower's payment of the Principal Amount. View More Arrow
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