Principal Prepayments Sample Clauses

Principal Prepayments. The principal of this Note may be prepaid, at any time, in whole or in part, without premium or penalty, provided that such prepayment is accompanied by a simultaneous payment of all accrued and unpaid interest on this Note through the date of prepayment.
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Principal Prepayments. (a) In anticipation of any repayment or prepayment of any Accommodation under a Credit Facility, other than pursuant to a Rollover or Conversion, the Borrower shall deliver to the Agent a Notice of Repayment with the same prior notice that would apply if the Borrower was obtaining a Drawdown of such Accommodation.
Principal Prepayments. This Note may not be prepaid in whole or in part except as otherwise provided herein.
Principal Prepayments. Borrower shall have the right to prepay this Note, in whole or in part, at any time without penalty.
Principal Prepayments. Section 3.01(c) is deleted in its entirety and replaced with the following:
Principal Prepayments. Principal of this Note may be repaid in whole or in part without penalty or premium at any time prior to the Maturity Date; provided, however, that the Lender shall have no obligation to advance, and Borrower shall have no right to re-borrow, any amounts so repaid. All payments of principal and interest and any other sums due under this Note shall be made to the Bank at 000 Xxxxxxx Xxxx Xxxxx, Xxxxxxxxx Xxxxx, Xxxxxxxx 00000, or to such other person or at such other address as may be designated in writing by the holder of this Note.
Principal Prepayments. The Borrowers shall repay to the Agent for the ratable account of the Lenders (x) on the last day of each March, June, September and December, commencing with December 31, 2017, an aggregate amount equal to 1.00% per annum of the aggregate principal amount of the Loan outstanding on the Closing Date (which payments shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.2(g)), and (y) on the Maturity Date, the aggregate principal amount of the Loan outstanding on such date, together with all other outstanding Obligations on such date.
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Principal Prepayments. The Servicer shall keep and maintain separate accounting, on a Mortgage Loan by Mortgage Loan basis, for the purpose of justifying any withdrawal from the Servicer Custodial Account pursuant to clauses (i), (ii), (iii), (v) and (vi). The Servicer shall keep and maintain such separate accounting for each Loan Group. Prior to making any withdrawal from the Servicer Custodial Account pursuant to clause (iv), the Servicer shall deliver to the Securities Administrator an Officer's Certificate of a Servicing Officer indicating the amount of any previous Advance determined by the Servicer to be a Nonrecoverable Advance and identifying the related Mortgage Loan(s) and their respective portions of such Nonrecoverable Advance. The Servicer shall notify the Depositor and the Securities Administrator of the amount, purpose and party paid pursuant to clause (vii) above.
Principal Prepayments in full received during the relevant Prepayment Period: the difference between (i) one month’s interest at the applicable Net Loan Rate on the Stated Principal Balance of such Mortgage Loan immediately prior to such prepayment and (ii) the amount of interest for the calendar month of such prepayment (adjusted to the applicable Net Loan Rate) actually received with respect to such prepayment at the time of such prepayment; and
Principal Prepayments. Prepayments of Prime Rate loans are permitted at any time, together with all interest accrued thereon to the date of prepayment, without premium or penalty.
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