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Section 10. Loan Prepayment, Make-Whole and Break Costs

Read the clause and drag the correct phrase into each gap (1) ….. to (5) ….. .

From a Loan Agreement – Prepayment & Costs Clause

a make-whole premium equal to three months’ Margin
break costs calculated by reference to the Bank’s cost of funds
without double counting and net of mitigation
on and from the Early Repayment Date
until all Secured Obligations have been irrevocably paid in full
  1. 10.1 Any voluntary prepayment shall be accompanied by   (1) on the amount prepaid, together with accrued interest.
  2. 10.2 The Borrower shall indemnify the Bank for   (2) arising from prepayment on a date other than the last day of an Interest Period.
  3. 10.3 Break costs will be determined by the Bank acting reasonably,   (3), taking into account any redeployment of funds.
  4. 10.4 Prepaid principal shall cease to bear interest   (4).
  5. 10.5 Security, indemnities and payment obligations under this Agreement survive prepayment and termination   (5).

 

Total Questions: 5

Incorrect Answers: 0