Example ContractsClausesprepaymentVariants
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Prepayment. The Borrower shall have the option to prepay principal in whole or in part, plus all accrued interest without a prepayment charge, provided that a minimum of three (3) business days’ notice is given to the Lender, and provided that the Borrower shall be liable for any swap termination or adjustment costs. No amounts repaid or prepaid may be re-borrowed. All such prepayments shall be applied to accrued but unpaid interest before being applied to principal. Partial prepayments shall be applied against payments of the most remote maturity. Until the Loan is paid in full (principal and interest), no optional prepayment shall be credited to or relieve the Borrower to any extent from its obligation thereafter to pay any monthly installment of interest, any monthly installment of principal, any required payment, or any other payment required under the Loan.

Prepayment. TheOnly if agreed by the Lender, the Borrower shall havemay prepay the option to prepay principal in whole or in part, plus all accrued interest without a prepayment charge, provided that a minimumany part of the Loan outstanding by giving to the Lender not less than three (3) business days’Business Days prior written notice is givenand subject to payment of interest accrued thereon. Unless otherwise agreed, any prepayment of the Lender, and provided that the BorrowerLoan shall be liable for any swap terminationin an amount of [[Unknown Identifier]] or adjustment costs. No amounts repaid or prepaid may be re-borrowed. All such prepayments shall be applied to accrued but unpaid interest before being applied to principal. Partial prepayments shall be applied against payments of the most remote maturity. Until the Loan is paid in full (principal and interest), no optional prepayment shall be credited to or relieve the Borrower to any extent from its obligation thereafter to pay any monthly installment of interest, any monthly installment of principal, any required payment, or any other payment required under the Loan.multiples thereof.

Prepayment. The Borrower shall have the option to prepay principal in whole or in part, plus allLoan and any interest accrued interest without a prepayment charge, provided that a minimum of three (3) business days’ notice is given to the Lender, and provided that the Borrower shall be liable for any swap termination or adjustment costs. No amounts repaid or prepaidhereunder may be re-borrowed.repaid fully or partially, at any time, without premium, penalty, or notice. All such prepaymentsprepayment amounts received by the Lender shall be applied first to accrued but unpaid interest before being applied to principal. Partial prepayments shall be applied against payments of the most remote maturity. Until the Loan is paid in full (principalinterest, and interest), no optional prepayment shall be credited to or relieve the Borrowerthen to any extent from its obligation thereafter to pay any monthly installment of interest, any monthly installment of principal, any required payment, or any other payment required under the Loan.unpaid principal balance.

Prepayment. TheSection # Voluntary Prepayment of Loan. Borrower shall have the optionmay elect to prepay principal in wholeany all or in part, plus all accruedany portion of any Loan time) at least three Business Days before the proposed date of such repayment, specifying a calculation of the principal, interest without aand prepayment charge, provided that a minimumpremium due on such Loan(s). Any such prepayment of three (3) business days’ notice is given to the Lender, and provided that the Borrowerprincipal shall be liable for any swap terminationwithout premium or adjustment costs. No amounts repaid or prepaid may be re-borrowed. All such prepayments shall be applied to accrued but unpaid interest before being applied to principal. Partial prepayments shall be applied against payments of the most remote maturity. Until the Loan is paid in full (principal and interest), no optional prepayment shall be credited to or relieve the Borrower to any extent from its obligation thereafter to pay any monthly installment of interest, any monthly installment of principal, any required payment, or any other payment required under the Loan.penalty.

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