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Common use of PREPAYMENT ALLOWED Clause in Contracts

PREPAYMENT ALLOWED. (State) may, in its discretion, pay in any fiscal year amounts otherwise due under this Agreement for subsequent fiscal years.

Appears in 2 contracts

Sources: Arm’s Length Adjustment Service Participation Agreement and Contract for Taxpayer Compliance Services, Arm’s Length Adjustment Service Participation Agreement and Contract for Taxpayer Compliance Services

Related Clauses

  • Optional Prepayments of Loans
  • Cumulative Prepayments
  • Term Loan Prepayments
  • Mandatory Prepayments Commitment Reductions
  • Prepayment Fee

Parent Clauses

  • Loan and Terms of Payment
  • Budget Fees Payments and State Obligations
  • Allocation of Costs and Payment Obligations
  • Payment
  • Prepayment

Sub-Clauses

  • Partial Prepayment
  • Sixth (6th) Loan Year
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