This excerpt taken from the SHFL 8-K filed Jan 27, 2006.
per annum of the full amount of the Loan (computed on the basis of the actual number of days elapsed over a 360-day year), earned and due and payable on the Borrowing Date.
(b) The Borrower shall pay a closing fee of $50,000, earned and due and payable on the Borrowing Date.
SECTION 4. Prepayments; Payments; Taxes.
4.01. Voluntary Prepayments. The Borrower shall have the right to prepay the Loans, without premium or penalty, in whole or in part from time to time on the following terms and conditions: (a) the Borrower shall give the Administrative Agent written notice (or telephonic notice promptly confirmed in writing) stating (i) its intent to make such prepayment and (ii) the amount of such prepayment, which notice shall be given by the Borrower no later than 10:00 a.m. (New York time) three (3) Business Days prior to the date of such prepayment; (b) as promptly as practicable after receipt of such notice, the Administrative Agent shall give notice to the Lenders of (i) the amount payable to each Lender in respect of its Loan and (ii) the expected date of such payment (which shall be a Business Day); (c) the Borrower shall pay to the Administrative Agent for application pursuant to Section 4.02(e) an amount equal to 100% of the aggregate principal amount of the Loans to be prepaid,