Common use of No Prepayment Penalty Clause in Contracts

No Prepayment Penalty. If the Lender will not require a penalty to be paid in the event that the Borrower submit payment before its formal due date (see Section IV), then select the “No Prepayment Penalty.” VII. Security Select And Complete Item 22 Or Select Item 25 (22)

Appears in 40 contracts

Samples: Personal Loan Agreement, Personal Loan Agreement, Friendly Loan Agreement

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No Prepayment Penalty. If the Lender will not require a penalty to be paid in the event that the Borrower submit payment before its formal due date (see Section IV), then select the “No Prepayment Penalty.” VII. Security Select And Complete Item 22 Or Select Item 25 (22).

Appears in 3 contracts

Samples: Loan Agreement, Simple Loan Agreement, Personal Loan Agreement

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