Prepayment Premium

Example Definitions of "Prepayment Premium"
Prepayment Premium. Any normal and customary payment required under Note or any other document evidencing or securing a Loan (other than a payment of principal and/or interest which Landlord is required to make under a Note or a Mortgage) by reason of any prepayment by Landlord of any principal due under a Note or Mortgage, and which may be (in lieu of such prepayment premium or prepayment penalty) a (i) "make whole" or yield maintenance clause requiring a prepayment premium or (ii) a defeasance payment (such... defeasance payment to be an amount equal to the positive difference between (a) the total amount required to defease a Loan and (b) the outstanding principal balance of the Loan as of the date of such defeasance. View More Arrow
Prepayment Premium. Any normal and customary Shall mean any payment required to be made by Landlord to a Lender under a Note or any other document evidencing or securing a Loan (other than a payment payments of principal and/or interest which Landlord is required to make under a Note or a Mortgage) solely by reason of any prepayment by Landlord of any principal due under a Note or Mortgage, and which may be (in lieu may, without limitation, take the form of such prepayment premium or prepayment penalty) (i) a (i)... "make whole" or yield maintenance clause requiring a prepayment premium or (ii) a defeasance payment (such defeasance payment to be an amount equal to the positive difference between (a) the total amount required to defease defense a Loan and (b) the outstanding principal balance of the Loan as of the date of such defeasance. defeasance plus reasonable Costs of Landlord and Lender; provided that, Landlord shall in good faith endeavor to obtain a Loan with then customary market terms and conditions with respect to any such Prepayment Premium. View More Arrow
Prepayment Premium. Any normal and customary Shall mean any payment required under Note or any other document evidencing or securing a Loan (other than a payment of principal and/or interest which Landlord is required to make under a Note or a Mortgage) by -5- reason of any prepayment by Landlord of any principal due under a Note or Mortgage, and which may be (in lieu of such prepayment premium or prepayment penalty) a (i) "make whole" or yield maintenance clause requiring a prepayment premium or (ii) a defeasance... payment (such defeasance payment to be an amount equal to the positive difference between (a) the total amount required to defease a Loan and (b) the outstanding principal balance of the Loan as of the date of such defeasance. defeasance, in the case of either (i) or (ii) in an amount sufficient to compensate the Lender for the loss of the benefit of the Loan due to prepayment. View More Arrow
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Prepayment Premium. Has the meaning set forth in the Loan Agreement.
Prepayment Premium. Has the The meaning set forth in the Loan Agreement.
Prepayment Premium. Has the The meaning set forth in the Loan Agreement.
Prepayment Premium. Has the The meaning set forth in the Loan Agreement.
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Prepayment Premium. The prepayment premium in connection with the Variable Principal Prepayment and Fixed Principal Prepayment as described in the Notes.
Prepayment Premium. Shall mean any payment (other than a payment of principal and/or interest) which Landlord or Master Landlord is required to make under a Note or a Mortgage by reason of any prepayment by Landlord or Master Landlord of any principal up to and including but not in excess of Ten Million Dollars ($10,000,000), due under a Note or 6 10 Mortgage, and which may be (in lieu of such prepayment premium or prepayment penalty) a "make whole" clause requiring a... prepayment premium in an amount sufficient to compensate the Lender for the loss of the benefit of the Loan due to prepayment. View More Arrow
Prepayment Premium. Any payment required to be made by Landlord to a Lender under a Note or other document evidencing or securing a Loan (other than payments of principal and/or interest which Landlord is required to make under a Note or a Mortgage) solely by reason of any prepayment or defeasance by Landlord of any principal due under a Note or Mortgage, and which may take the form of either: (i) a customary and commercially reasonable "make whole" or yield maintenance clause requiring a prepayment premium for... loans from similar types of lenders to Lender or (ii) a customary and commercially reasonable defeasance payment for loans from similar types of lenders to Lender (such defeasance payment to be an amount equal to the positive difference between (a) the total amount required to defease a Loan and (b) the outstanding principal balance of the Loan as of the 5 date of such defeasance (plus reasonable Costs of Landlord and Lender) or (iii) "breakage costs" or (iv) any combination of clauses (i), (ii) and (iii) above. View More Arrow
Prepayment Premium. Defined in the Lender Fee Letter
Prepayment Premium. At the time of the effectiveness of any Repricing Transaction that (i) (A) results in any prepayment of Term Loans under Section 2.13 or Section 2.14 or (B) is effected by any amendment of this Agreement and (ii) is consummated prior to the date that is one year after the Amendment No. 1 Effective Date, the Borrowers agree to pay to the Administrative Agent, for the ratable account of each applicable Bank, a fee in an amount equal to, (x) in the case of clause (A), a prepayment premium of 1% of... the amount of the Term Loans being prepaid and (y) in the case of clause (B), a payment equal to 1% of the aggregate amount of the applicable Term Loans outstanding immediately prior to such amendment. Such fees shall be due and payable upon the date of the effectiveness of such Repricing Transaction. View More Arrow
Prepayment Premium. Any and all amounts (other than (i) principal and interest payable by Landlord to Lender in connection with the prepayment of a Loan or (ii) scheduled payments of principal and interest which would be payable but for the defeasance of a Loan) payable by Landlord to Lender in connection with the prepayment or defeasance of a Loan pursuant to and in accordance with the terms and provisions of the related Note, Mortgage and other Loan documents, including, without limitation, prepayment premiums... payable in connection therewith View More Arrow
Prepayment Premium. Means, as of the date of determination, the amount, not less than zero, equal to ten percent (10.0%) of the Principal amount as of the date hereof less the amount of all accrued Interest up to such date
Prepayment Premium. Means 110%.
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