Common use of Loss on Early Repayment Clause in Contracts

Loss on Early Repayment. Where an Obligor repays all or part of the Loan at any time prior to the end of the Term, the Lender shall be entitled to recover its estimated losses arising from such early payment, which shall be an amount calculated by reference to the statutory procedure set out in the Credit Contracts and Consumer Finance Regulations 2004.

Loss on Early Repayment. Where an Obligor repays all or part of the Loan at any time prior to the end of the Term, the Lender shall be entitled to recover its recoverits estimated losses arising from such early payment, which shall be an amount calculated by reference to the statutory procedure set out in the Credit Contracts and Consumer Finance Regulations 2004.

Loss on Early Repayment. Where an Obligor repays all or part of the Loan at any time prior to the end of the Term, the Lender shall be entitled to recover its estimated losses arising from such early payment, which shall be an amount calculated by reference to the statutory procedure set out formula in the Credit Contracts and Consumer Finance Regulations 2004Specific Terms.