Common use of Exit Fees Clause in Contracts

Exit Fees. Upon the prepayment or repayment of all or any portion of the principal amount of the Notes (or upon the date any such prepayment or repayment is required to be paid), whether pursuant to Section 2.03, Section 2.05 or Article IX, or otherwise, the Issuer shall pay to the Purchasers, for their respective ratable accounts, on the date on which such prepayment or repayment is paid or required to be paid, as the case may be, in addition to the other Obligations so prepaid, repaid or required to be prepaid or repaid, an exit fee in an amount set forth in the Purchasers Fee Letter on the principal amount of the Notes prepaid, repaid or required to be prepaid or repaid, as the case may be, on such date.