Common use of Prepayment and Early Settlement Clause in Contracts

Prepayment and Early Settlement. (a) If: (i) the Borrower wishes to repay any part of the Indebtedness or the Housing Loan/Facility before its due date; and (ii) such early repayment is permitted under the Letter of Offer, subject to all terms and conditions relating to prepayment in the Letter of Offer; the Borrower must provide one month’s prior notice (or such other period of notice as may be stated in the Letter of Offer) to the Bank. (b) The Borrower may repay any part of the Indebtedness or the Housing Loan/Facility as mutually agreed in multiples of the prepayment sum.

Prepayment and Early Settlement. (a) If: (i) the Borrower wishes to repay any part of the Indebtedness or the Housing LoanProperty Financing/Facility before its due date; and (ii) such early repayment is permitted under the Letter of Offer, subject to all terms and conditions relating to prepayment in the Letter of Offer; the Borrower must provide one month’s prior notice (or such other period of notice as may be stated in the Letter of Offer) to the Bank. (b) The Borrower may repay any part of the Indebtedness or the Housing LoanProperty Financing/Facility as mutually agreed in multiples of the prepayment sum.

Prepayment and Early Settlement. (a) If: (i) the Borrower wishes to repay any part of the Indebtedness or the Housing Loan/Facility before its due date; and (ii) such early repayment is permitted under the Letter of Offer, subject to all terms and conditions relating to prepayment in the Letter of Offer; Offer the Borrower must provide one month’s prior notice (or such other period of notice as may be stated in the Letter of Offer) to the Bank. (b) The Borrower may repay any part of the Indebtedness or the Housing Loan/Facility as mutually agreed in multiples of the prepayment sumsum as agreed by the Bank.