Common use of Exemption to Prepayment Fee Clause in Contracts

Exemption to Prepayment Fee. Principal prepayments made while a Loan Segment is priced under the Base Rate shall not be subject to a Prepayment Fee. In addition, there is no Prepayment Fee for any prepaid principal if a prepayment is received on a Fixed Rate Maturity Date for the Loan Segment being prepaid. Other prepayments of principal shall be subject to a Prepayment Fee, as described below.

Exemption to Prepayment Fee. Principal prepayments made while a Loan or Loan Segment is priced under the Base Rate shall not be subject to a Prepayment Fee. In addition, there is no Prepayment Fee for any prepaid principal if a prepayment is received on a Fixed Rate Maturity Date or a LIBOR Maturity Date, as applicable, for the Loan or Loan Segment being prepaid. Other prepayments of principal shall be subject to a Prepayment Fee, as described below.

Exemption to Prepayment Fee. Principal prepayments made while a Loan Segment is priced under the Base Rate shall not be subject to a Prepayment Fee. In addition, there is no Prepayment Fee for (i) any prepaid principal under an election of Section 6.02 a. below, if a the prepayment is received on a Fixed Rate Maturity Date after the applicable lockout period or (ii) for any prepaid principal up to the Loan Segment being prepaid10 percent per calendar year limitation under an election of Section 6.02 b. below. Other prepayments of principal shall be subject to a Prepayment Fee, as described belowin the Loan Agreement.

Exemption to Prepayment Fee. Principal prepayments made while a Loan or Loan Segment is priced under the Base Rate shall not be subject to a Prepayment Fee. In addition, there is no Prepayment Fee for any prepaid principal if a prepayment is received on a Fixed Rate Maturity Date for the Loan or Loan Segment being prepaid. Other prepayments of principal shall be subject to a Prepayment Fee, as described below.

Exemption to Prepayment Fee. Principal prepayments made while a Loan Segment is priced under the Base Rate Lender's short term variable rate options shall not be subject to a Prepayment Fee. In addition, there is no Prepayment Fee for any prepaid principal if a prepayment is received on a Fixed Rate Maturity Date an interest change date, as applicable, for the Loan Segment being prepaid. Other prepayments of principal shall be subject to a Prepayment Fee, as described below.

Exemption to Prepayment Fee. Principal prepayments made while a Loan or Loan Segment is priced under the Base Rate shall not be subject to a Prepayment Fee. In addition, there is no Prepayment Fee for any prepaid principal if a prepayment is received on a Fixed Rate Maturity Date or LIBOR Maturity Date, as applicable, for the Loan or Loan Segment being prepaid. Other prepayments of principal shall be subject to a Prepayment Fee, as described below.