Required Payments
Required Payments. As to each Extending Lender, prepayments of its New Class C Loans and New Class E Loans on the Effective Date in an amount which is equal to 20% of the extended portion of their respective Existing Exposures, provided that Extending Lenders which have executed a Reduction Waiver shall receive the Incentive Fees in lieu of the Required Payments.
All Definitions
Found in
MGM Resorts International contract