Common use of No Prepayment Penalty Clause in Contracts

No Prepayment Penalty. The Borrower may prepay all or any part of the balance outstanding hereunder at any time without penalty.

Appears in 3 contracts

Samples: Promissory Note (KonaRed Corp), Promissory Note (KonaRed Corp), Funds Advance Term Sheet (KonaRed Corp)

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No Prepayment Penalty. The Borrower Borrowers may prepay all or any part of the balance outstanding hereunder at any time without penalty.

Appears in 2 contracts

Samples: Note Purchase Agreement (Micronet Enertec Technologies, Inc.), Note Purchase Agreement (Micronet Enertec Technologies, Inc.)

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