Common use of Optional Early Repayment Clause in Contracts

Optional Early Repayment. The Borrower may, at its discretion, repay the Loan early at any time (except for the payment of the Costs of Reuse, if the early repayment does not coincide with the expiry of a Period of Interest), giving the Lending Bank not less than 5 (five) Business Days’ notice.

Optional Early Repayment. The Borrower may, at its discretion, Beneficiary may repay the Loan early at any time (except for the payment of the Costs of Reuse, if the early repayment does not coincide with the expiry of a Period of InterestUtilization Term), giving the Lending Bank not less than 5 (five) Business Days’ notice, at its discretion.