Prepayment of Loan. The Borrower may prepay this Loan in part or in full at any time. Such prepayment shall be without premium or penalty; provided, however, that the foregoing shall in no way limit accruing interest charges for an Event of Default, advances, expenses or late fees. If the Borrower elects to prepay the full indebtedness of this Loan in accordance with the terms of the Note, the County will release the covenants and the restrictions set forth herein.
Appears in 3 contracts
Samples: Purchase Dpcca Regulatory Agreement, Purchase Dpcca Regulatory Agreement, Purchase Dpcca Regulatory Agreement
Prepayment of Loan. The Borrower may prepay this Loan in part or in full at any time. Such prepayment shall be without premium or penalty; provided, however, that the foregoing shall in no way limit accruing interest charges for an Event of Default, advances, expenses Default or late fees. If the Borrower elects to prepay the full indebtedness of this Loan in accordance with the terms of the Note, the County will release the covenants and the restrictions set forth herein.
Appears in 2 contracts
Samples: Purchase Money Pgcpap Dpcca, Purchase Money
