Prepayment Amount. On the Prepayment Date, the Borrower shall pay the Lender an amount, with respect to the Consolidated Loan to be prepaid (the "PREPAYMENT AMOUNT"), equal to the sum of (i) the outstanding Loan Amount of such Consolidated Loan on the Prepayment Date, (ii) all interest accrued and unpaid on the Loan Amount of such Consolidated Loan from the immediately preceding Payment Date through the Prepayment Date, if any, PLUS an additional month of interest on such Loan Amount, (iii) all accrued and unpaid Scheduled Monthly Credit Enhancement Obligation Payments due to the Prepayment Date, (iv) if any Program Loan Deficiencies exist on the Prepayment Date, the lesser of (A) the outstanding Credit Enhancement Amount and (B) the Program Credit Enhancement Amount (the "Credit Enhancement Prepayment"), and (v) the Make Whole Premium.
Appears in 3 contracts
Sources: Master Business Lease Financing Agreement (Eroom System Technologies Inc), Master Business Lease Financing Agreement (Eroom System Technologies Inc), Master Business Lease Financing Agreement (Eroom System Technologies Inc)