Definition of Prepayment. A prepayment subject strictly to this Section is any payment which is greater than twenty percent (20%) of the principal amount outstanding at the time of prepayment.
Appears in 3 contracts
Samples: Secondary Participation Guaranty Agreement, Secondary Participation Guaranty Agreement, Secondary Participation Guaranty Agreement
Definition of Prepayment. A prepayment subject strictly to this Section is any payment payment, which is greater than twenty percent (20%) of the principal amount outstanding at the time of prepayment.
Appears in 3 contracts
Samples: Secondary Participation Guaranty Agreement, Secondary Participation Guaranty Agreement, Secondary Participation Guaranty Agreement