Sixth Amendment Prepayment Amount. On or prior to the Sixth Amendment Effective Date, the Borrower shall have, pursuant to Section 2.05(b)(i) of the Financing Agreement, voluntarily prepaid to the Administrative Agent, for the ratable account of each Lender, the Initial Term Loans in an aggregate principal amount equal to $2,000,000 (the "Sixth Amendment Prepayment Amount"), together with (A) payment in cash of all accrued interest (other than the Term Loan PIK Amount, which shall be capitalized in accordance with Section
... 2.04(a) of the Financing Agreement) to the date of such payment on the aggregate principal amount of Initial Term Loans so prepaid (i.e., $11,753.67) and (B) the Prepayment Premium in an amount equal to two percent (2.0%) of such aggregate principal amount of Initial Term Loans so prepaid (i.e., $40,000) (for the avoidance of doubt, the sum of the Sixth Amendment Prepayment Amount plus the amounts set forth in clauses (A) and (B) above shall be $51,753.67); it being understood and agreed that, (i) notwithstanding anything set forth in the Financing Agreement to the contrary (including Section 2.05(b)(i) thereof), the Sixth Amendment Prepayment Amount shall be applied to reduce the payment of Initial Term Loans required to be repaid on the Final Maturity Date pursuant to Section 2.03 of the Financing Agreement and shall not be applied to reduce the amount of any scheduled installment of principal and (ii) as of the Sixth Amendment Effective Date, after giving effect to the Sixth Amendment Prepayment Amount and the capitalization of the PIK Amendment Fee in accordance with Section 7 below, the outstanding principal amount of the Initial Term Loans is $23,414,568.30;
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