Common use of Optional Prepayment of Principal Clause in Contracts

Optional Prepayment of Principal. All or any portion of the unpaid Principal balance of this Note, together with all accrued and unpaid Interest on the Principal amount being prepaid, may at the Maker’s option be prepaid in whole or in part, at any time or from time to time, without premium or penalty, upon ten (10) days’ prior written notice to the Payee.

Appears in 3 contracts

Samples: Term Note (Crdentia Corp), Term Note (Crdentia Corp), Term Note (Crdentia Corp)

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Optional Prepayment of Principal. All Subject to the Intercreditor Agreement, all or any portion of the unpaid Principal balance of this Note, together with all accrued and unpaid Interest on the Principal amount being prepaid, may at the Maker’s option be prepaid in whole or in part, at any time or from time to time, without premium or penalty, time upon ten (10) days’ prior written notice to the Payee.

Appears in 2 contracts

Samples: Revolving Credit Note (EVCI Career Colleges Holding Corp), Promissory Note (EVCI Career Colleges Holding Corp)

Optional Prepayment of Principal. All or any portion of the The unpaid Principal balance of this Note, together with all accrued and unpaid Interest on the Principal amount being prepaidInterest, may at the Maker’s 's option be prepaid in whole or in part, at any time or from time to time, without premium or penalty, time upon ten fifteen (1015) days' prior written notice to the Payee.

Appears in 1 contract

Samples: Term Note (Alanco Technologies Inc)

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Optional Prepayment of Principal. All or any portion of the The unpaid Principal balance of this NoteNote may, together with all accrued and unpaid Interest on the Principal amount being prepaid, may at the Maker’s option option, be prepaid in whole or in part, without premium or penalty, at any time or from time to time, without premium or penalty, time upon ten twenty (1020) days’ prior written notice to the Payee.

Appears in 1 contract

Samples: Fee Note (General Environmental Management, Inc)

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