Earlier Repayment Sample Clauses

Earlier Repayment. 11.1. Party B may request earlier repayment of the Loan, subject to Party A’s consent; 11.2. The interest rate shall still be calculated pursuant to this Contract even if Party B repays the Loan earlier.

Earlier Repayment. 6.5.1 Party A may elect to prepay any accrued interest on the loan hereunder ahead of schedule upon a notice to Party B. 6.5.2 Party A may repay the principal, in whole or part, ahead of schedule only upon a written application of ten (10) banking business days to Party B to which application Party B consents. In the case of earlier repayment of the principal hereof, the interest thereon shall be computed on the basis of the number of days during which the principal is used as loan and at the interest rate of the loan specified in ARTICLE 4 hereof. Party A hereby agrees to pay Party B a compensation for any earlier repayment which compensation shall be calculated as follows: Compensation = Amount of principal to be repaid ahead of schedule (times) 0.05% (times) Number of days prior to the scheduled repayment date. In case Party A elects to repay partial principal of the loan hereunder, such repayment shall be made in the order exactly contrary to the order prescribed in the Plan for Repayment, thereafter, interest shall be charged on any outstanding part of loan hereunder at the interest rate as stipulated herein.

Earlier Repayment. The Debtor agrees that it may not make any non-contractual advance or earlier repayment for the Amount of Borrowing; provided that if the Debtor makes a non-contractual advance or earlier repayment for any compelling reason with the consent of the Bank, the Debtor shall, in addition to any interest accrued prior to the date of earlier repayment, pay the settlement amount as set forth in the next Article immediately upon demand by the Bank.

Earlier Repayment. Borrower shall repay principal and interest of loan based on dates agreed herein. If borrower requires earlier repayment of principal and interest of loan in part or in whole, borrower shall notify lender in writing in advance and obtain written consent of lender in accordance with Item XVIII under Article 23 Special Agreement Clause hereof. With written consent of lender, after borrower repays a part of principal and interest of loan in advance, borrower shall determine subsequent number of repayment periods, time of repayment and amount of repayment with lender through consultation. For principal of loan repaid in advance, interest thereof shall be calculated and collected based on actual period of use and loan interest rate agreed herein. Lender will not adjust interest of loan calculated and collected before the earlier repayment. If borrower requires earlier repayment, lender is entitled to require borrower to pay liquidated damages in accordance with Item XVIII under Article 23 Special Agreement Clause hereof. If borrower belongs to a micro/small-size enterprise consistent with national systems or policies, this liquidated damages will not be collected.