Common use of Loan Prepayment Clause in Contracts

Loan Prepayment. Notwithstanding any provision in this Note to the contrary, Borrower may prepay this Note. Borrower may prepay twenty percent (20%) or less of the unpaid principal balance at any time without notice. If Borrower prepays more than twenty percent (20%) and the Loan has been sold on the secondary market, Borrower must:

Appears in 2 contracts

Samples: Business Loan Agreement (Wilhelmina International, Inc.), Business Loan Agreement (Wilhelmina International, Inc.)

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Loan Prepayment. Notwithstanding any provision in this Note to the contrary, : Borrower may prepay this Note. Borrower may prepay twenty percent (20%) % or less of the unpaid principal balance at any time without notice. If Borrower prepays more than twenty percent (20%) % and the Loan has been sold on the secondary market, Borrower must:

Appears in 1 contract

Samples: Loan Agreement (Health Insurance Innovations, Inc.)

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Loan Prepayment. Notwithstanding any provision in this Note to the contrary, : Borrower may prepay this Note. Borrower may prepay twenty 20 percent (20%) or less of the unpaid principal balance at any time without notice. If Borrower prepays more than twenty 20 percent (20%) and the Loan has been sold on the secondary market, Borrower must:

Appears in 1 contract

Samples: Loan Agreement (WORTHPOINT Corp)

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