Examples of Anticipated Repayment Date in a sentence
From and after the Anticipated Repayment Date, interest shall accrue on the unpaid principal balance from time to time outstanding on this Note at the Extended Term Rate.
Notwithstanding the foregoing sentence, Maker shall have the privilege to prepay the entire principal balance of this Note and any other amounts outstanding on any Payment Date during the thirty (30) days preceding the Anticipated Repayment Date without payment of the Yield Maintenance Premium (as defined in the Security Instrument) or any other premium or penalty.
MATURITY DATE: The anticipated repayment date for the Permanent Loan shall be the 10th anniversary of the first monthly payment date with respect thereto (the "Anticipated Repayment Date").
The term "Applicable Interest Rate" shall mean from (a) the date of this Note through but not including the Anticipated Repayment Date, the Initial Term Interest Rate, and (b) from and after the Anticipated Repayment Date through and including the date this Note is paid in full, the Extended Term Rate.
In addition, on the Anticipated Repayment Date or on any Payment Date thereafter, the Maker may, at its option and upon thirty (30) days prior written notice from Maker to Payee, prepay in whole or in part in increments of $100,000 the outstanding principal balance of this Note and any other amounts outstanding without payment of the Yield Maintenance Premium or any other premium or penalty.