Examples of Prepayment in a sentence
However, the Note Holder may apply my Prepayment to the accrued and unpaid interest, if any, on the Prepayment amount, before applying my Prepayment to reduce the Principal amount of the Note.
However, you must also pay the lender the Prepayment Administration Fee and the lender may also charge you a fee representing a reasonable estimate of its loss arising from the full prepayment.
How to pay your Accommodation fees - Full Year Licences 51 weeks Payment arrangements for 51 week licences are in line with licences up to 40 weeks for Prepayment and Paying your Fees in Full.
A payment of principal only before it is due is known as a “Prepayment.” When I make a Prepayment, I will notify the Note Holder in writing that I am doing so.
The District shall be obligated to prepay the Lease Payments in whole or in part on any date, from and to the extent of any Net Proceeds or other moneys theretofore deposited in the Prepayment Fund (at least 45 days prior to the date fixed for prepayment of the Certificates) pursuant to Section 4.02 of the Trust Agreement.