Common use of A Prepayment Penalty Clause in Contracts

A Prepayment Penalty. If the Borrower makes a payment prior to the Due Date, then there shall be a prepayment penalty of: (check one) ☐ - Interest payments due as if the prepayments were not made. ☐ - Other: .

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

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A Prepayment Penalty. If the Borrower makes a payment prior to the Due Date, then there shall be a prepayment penalty of: (check one) ☐ - Interest payments due as if the prepayments were not made. ☐ - Other: __________________________________________.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

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A Prepayment Penalty. If the Borrower makes a payment prior to the Due Date, then there shall be a prepayment penalty of: (check one) ☐ - Please choose the best option: ___ Interest payments due as if the prepayments were not made. ☐ - ___ Other: .:

Appears in 1 contract

Samples: Loan Agreement

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