Common use of Fixed Rate Prepayment Premium Clause in Contracts

Fixed Rate Prepayment Premium. Subject to Section 7.2 of this Agreement, each Fixed Rate Loan shall be documented using F▇▇▇▇▇▇ Mac's then-current form "Fixed Rate" Multifamily Note ("Form Fixed Rate Note"). Each Fixed Rate Loan shall be subject to payment of a prepayment premium upon prepayment prior to the last three (3) months of the term of such Fixed Rate Loan as more fully described in the applicable Form Fixed Rate Note.

Appears in 2 contracts

Sources: Master Financing Agreement (Associated Estates Realty Corp), Master Financing Agreement (Associated Estates Realty Corp)

Fixed Rate Prepayment Premium. Subject to Section 7.2 of this Agreement, each Fixed Rate Loan shall be documented using F▇▇▇▇▇▇ Mac's then-current form "Fixed Rate" Multifamily Note ("Form Fixed Rate Note"). Each Fixed Rate Loan shall be subject to payment of a prepayment premium upon prepayment prior to the last three (3) months of the term of such Fixed Rate Loan as more fully described in the applicable Form Fixed Rate Note.

Appears in 1 contract

Sources: Master Financing Agreement