Notice requiring prepayment. If the illegality or impossibility relates to the Drawing, the Bank, by giving a notice to the Borrowers, may require prepayment of all or part of the Drawing and interest accrued on that part. Each Borrower agrees to repay the amount specified within two Business Days after receiving the notice (or, if earlier, on the date the illegality or impossibility arises).
Appears in 5 contracts
Samples: Loan Agreement (Santander Bancorp), Loan Agreement (Santander Bancorp), Loan Agreement (Santander Bancorp)
Notice requiring prepayment. If the illegality or impossibility relates to the Drawing, the Bank, by giving a notice to the Borrowers, may require prepayment of all or part of the Drawing and interest accrued on that part. Each Borrower agrees to repay the amount specified within two 30 Business Days after receiving the notice (or, if earlier, on the date the illegality or impossibility arises).
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