Common use of Additional Charge Clause in Contracts

Additional Charge. If this Note is prepaid on any day other than a Due Date, whether such prepayment is voluntary, involuntary or upon full acceleration of the principal amount of this Note by Lendex xxxxowing a Default, Borrower shall pay to Lender on the prepayment date (in addition to the prepayment charge described in Section 9.2(a) above, if then applicable, and all other sums then due and owing to Lender under this Note and the other Loan Documents), a LIBO Breakage Fee, and any termination fees pertaining to the Interest Rate Protection Agreement, together with an additional prepayment charge equal to the interest which would otherwise have accrued on the amount prepaid (had such prepayment not occurred) during the period from and including the prepayment date to and including the last day of the calendar month in which the prepayment occurred.

Appears in 3 contracts

Samples: Promissory Note (Cole Credit Property Trust III, Inc.), Promissory Note (Cole Credit Property Trust III, Inc.), Promissory Note (Cole Credit Property Trust III, Inc.)

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Additional Charge. If this Note is prepaid on any day other than a Due Date, whether such prepayment is voluntary, involuntary or upon full acceleration of the principal amount of this Note by Lendex xxxxowing Xxxxxx following a Default, Borrower shall pay to Lender on the prepayment date (in addition to the prepayment charge described in Section 9.2(a) above, if then applicable, and all other sums then due and owing to Lender under this Note and the other Loan Documents), a LIBO Breakage Fee, and any termination fees pertaining to the Interest Rate Protection Agreement, together with an additional prepayment charge equal to the interest which would otherwise have accrued on the amount prepaid (had such prepayment not occurred) during the period from and including the prepayment date to and including the last day of the calendar month in which the prepayment occurred.

Appears in 1 contract

Samples: Promissory Note (Cole Credit Property Trust III, Inc.)

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Additional Charge. If this Note is prepaid on any day other than a Due Date, whether such prepayment is voluntary, involuntary or upon full acceleration of the principal amount of this Note by Lendex xxxxowing Lender following a Default, Borrower shall pay to Lender on the prepayment date (in addition to the prepayment charge described in Section 9.2(a) above, if then applicable, and all other sums then due and owing to Lender under this Note and the other Loan Documents), a LIBO Breakage Fee, and any termination fees pertaining to the Interest Rate Protection Agreement, together with an additional prepayment charge equal to the interest which would otherwise have accrued on the amount prepaid (had such prepayment not occurred) during the period from and including the prepayment date to and including the last day of the calendar month in which the prepayment occurred.

Appears in 1 contract

Samples: Promissory Note (Cole Credit Property Trust III, Inc.)

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