Common use of Involuntary Prepayment Clause in Contracts

Involuntary Prepayment. If there is an involuntary prepayment during the Lockout Period (as defined in the Note), then Borrower shall, in addition to any portion of the Loan prepaid (together with all interest accrued and unpaid thereon), pay to Lender a prepayment premium in an amount calculated in accordance with Section 5(c) of the Note.

Appears in 3 contracts

Samples: Deed of Trust (American Assets Trust, Inc.), Open End Mortgage (Glimcher Realty Trust), Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Inland Western Retail Real Estate Trust Inc)

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Involuntary Prepayment. If there is an involuntary prepayment during the Lockout Period (as defined and if required in accordance with the Note)terms of the Loan Agreement, then Individual Borrower shall, in addition to any portion of the Loan prepaid (together with all interest accrued and unpaid thereon), pay to Lender a prepayment premium in an amount calculated in accordance with Section 5(c) Article 2 of the NoteLoan Agreement.

Appears in 2 contracts

Samples: Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Griffin Capital Essential Asset REIT II, Inc.), Mortgage, Assignment of Leases and Rents, Security Agreement, and Fixture Filing (Griffin Capital Essential Asset REIT, Inc.)

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