Prepayment Privilege. Prepayment of the Loan in full or in part shall be permitted at any time during the Loan term upon not less than thirty (30) days and not more than sixty (60) days prior written notice to Mezzanine Lender, provided, however, that prepayment of the Loan in full shall be required in the event the First Mortgage Loan is prepaid in full.
Appears in 2 contracts
Sources: Mezzanine Loan Agreement (Capital Senior Living Corp), Mezzanine Loan Agreement (Capital Senior Living Corp)