Voluntary prepayment of Loan. Borrowers may at any time voluntarily prepay in whole or in part the Principal Balance, without premium or penalty, subject to the provisions of the Subordination Agreement Concurrently with any prepayment of the Principal Balance pursuant to this subsection 2.6.1, Borrowers shall pay to Lenders accrued and unpaid interest on the portion of the Principal Balance which is being prepaid to the date on which Lender is in receipt of Good Funds.
Appears in 3 contracts
Samples: Subordinated Loan Agreement (Security Associates International Inc), Subordinated Loan Agreement (Security Associates International Inc), Subordinated Loan Agreement (Security Associates International Inc)
Voluntary prepayment of Loan. Borrowers may at any time voluntarily prepay in whole or in part the Principal Balance, without premium or penalty, subject to the provisions of the Subordination Agreement . Concurrently with any prepayment of the Principal Balance pursuant to this subsection 2.6.1, Borrowers shall pay to Lenders accrued and unpaid interest on the portion of the Principal Balance which is being prepaid to the date on which Lender is in receipt of Good Funds.
Appears in 2 contracts
Samples: Subordinated Loan Agreement (Security Associates International Inc), Subordinated Loan Agreement (Security Associates International Inc)
