Common use of Application of Prepayment Sum Clause in Contracts

Application of Prepayment Sum. All prepayments received by the Bank are to be applied by the Bank in or towards repayment of the Housing Loan/Facility in the inverse order of maturity.

Appears in 3 contracts

Samples: Loan Agreement, Housing Loan Agreement, Housing Loan Agreement

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Application of Prepayment Sum. All prepayments received by the Bank are to be applied by the Bank in or towards repayment of the Housing Loan/Facility in the inverse order of maturity.

Appears in 2 contracts

Samples: Facility Agreement, Facility Agreement

Application of Prepayment Sum. All prepayments received by the Bank are to be applied by the Bank in or towards repayment of the Housing LoanProperty Financing/Facility in the inverse order of maturity.

Appears in 2 contracts

Samples: Conventional Property Financing Facility Agreement, Conventional Property Financing Facility Agreement

Application of Prepayment Sum. All prepayments received by the Bank are to be applied by the Bank in or towards repayment of the Housing Loan/Facility Loan in the inverse order of maturitystipulated in the Letter Of Offer.

Appears in 1 contract

Samples: Housing Loan Agreement

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Application of Prepayment Sum. All prepayments received by the Bank are to be applied by the Bank in or towards repayment of the Housing Staff Loan/Facility in the inverse order of maturity.

Appears in 1 contract

Samples: Conventional Staff Facility Agreement

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