Common use of Mandatory Prepayment of the Project Loan Clause in Contracts

Mandatory Prepayment of the Project Loan. The Borrower shall be required to pay all or a portion of the outstanding principal balance of the Project Loan, together with accrued interest thereon, and together with any Prepayment Premium due under the Project Note, as provided in the Project Note.

Appears in 3 contracts

Samples: Project Loan Agreement, Project Loan Agreement, Project Loan Agreement

AutoNDA by SimpleDocs

Mandatory Prepayment of the Project Loan. The Borrower shall be required to pay prepay all or a portion of the outstanding principal balance of the Project Loan, together with accrued interest thereon, and together with any Prepayment Premium due under the Project Note, as provided in the Project Note.

Appears in 2 contracts

Samples: Project Loan Agreement, Project Loan Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!