Common use of Full Prepayments Clause in Contracts

Full Prepayments. The Debtor may at any time make a full prepayment, comprising the sum of the following: (a) the unpaid balance at the time of the full prepayment; (b) a charge in respect of the administration costs (or average costs) incurred by the Creditor arising from the full prepayment; and (c) a fee or charge that does not exceed the Creditor’s loss arising from full prepayment.

Full Prepayments. The Debtor may at any time make a full prepayment, comprising the sum of the following: (a) the unpaid balance at the time of the full prepayment; (b) a charge in respect of the administration costs (or average costs) incurred by the Creditor arising from the full prepayment; and (c) a fee or charge that does not exceed the Creditor’s 's loss arising from full prepayment.