Common use of No Prepayment Clause in Contracts

No Prepayment. Other than as set forth in Sections 2.4.2 and 10.1(d) below, or as required or permitted pursuant hereto in connection with a Casualty or Condemnation, Borrowers shall have no right to prepay all or any portion of the Loan prior to the Permitted Prepayment Date.

Appears in 3 contracts

Samples: First Mezzanine Loan Agreement (Strategic Hotel Capital Inc), Second Mezzanine Loan Agreement (Strategic Hotel Capital Inc), Loan Agreement (Strategic Hotel Capital Inc)

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No Prepayment. Other than as set forth in Sections 2.4.2 and 10.1(d) Section 2.5 below, or as required or permitted pursuant hereto in connection with a Casualty or Condemnation, Borrowers Borrower shall have no right to prepay all or any portion of the Loan prior to the Permitted Prepayment Date.

Appears in 2 contracts

Samples: Loan Agreement (Colony Resorts LVH Acquisitions LLC), Loan Agreement (Colony Resorts LVH Acquisitions LLC)

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No Prepayment. Other than as set forth in Section 2.3.2(ii) above or in Sections 2.4.2 and 10.1(d) below, or as required or permitted pursuant hereto in connection with a Casualty or Condemnation, Borrowers shall have no right to prepay all or any portion of the Loan prior to the Permitted Prepayment Date.

Appears in 1 contract

Samples: Loan Agreement (Strategic Hotel Capital Inc)

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