LATE PAYMENT/PREPAYMENT Sample Clauses

LATE PAYMENT/PREPAYMENT. Any installment payment not made within five (5) days after the due date thereof shall be subject to a late charge of five percent (5%) of the amount due. All amounts in default shall bear interest at a rate of eighteen percent (18%) per annum. All or part of the principal balance on the Note may be paid in whole or in part at any time prior to maturity without penalty.
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LATE PAYMENT/PREPAYMENT. Any payment not made within 30 days after it is due is subject to a late charge of $ 25.00 or --5--% of the installment due. Amounts in default shall bear interest at a rate of 14 % per annum. All or part of the principal balance on the Note may be paid prior to maturity without penalty.
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Related to LATE PAYMENT/PREPAYMENT

  • Payment Prepayment All payments shall be made in lawful money of the United States of America at such place as the Holder hereof may from time to time designate in writing to the Company. Payment shall be credited first to the accrued interest then due and payable and the remainder applied to principal. Prepayment of this Note may be made at any time without penalty.

  • Prepayment Premium Borrower will be required to pay a prepayment premium in connection with certain prepayments of the Indebtedness, including a payment made after Lender’s exercise of any right of acceleration of the Indebtedness, as provided in the Note.

  • Prepayment Fee The Prepayment Fee, when due hereunder, to be shared between the Lenders in accordance with their respective Pro Rata Shares; and

  • Prepayment Premiums As of the applicable date of origination of each such Mortgage Loan, any prepayment premiums and yield maintenance charges payable under the terms of the Mortgage Loans, in respect of voluntary prepayments, constituted customary prepayment premiums and yield maintenance charges for commercial mortgage loans.

  • Prepayment Fees Borrower agrees to pay to each [New Term Loan Lender] the following prepayment fees, if any: [ ]. [Insert other additional prepayment provisions with respect to New Term Loans]

  • Late Payment Timeliness of payment and any interest to be paid to Contractor for late payment shall be governed by Article 11-A of the State Finance Law to the extent required by law.

  • Prepayment Prepayment of the Notes to be prepaid pursuant to this Section 8.7 shall be at 100% of the principal amount of such Notes, together with accrued and unpaid interest on such Notes accrued to the date of prepayment but without any Make-Whole Amount. The prepayment shall be made on the Change in Control Proposed Prepayment Date, except as provided by Section 8.7(f).

  • Loan Payment Payments of principal, interest, and Late Charges (as defined in the Note) shall be made as provided in the Note.

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