Common use of Prepayment Charge-Stepped Clause in Contracts

Prepayment Charge-Stepped. This Note may be prepaid in full (and not in part, except for partial prepayments resulting from Lendex’x xxplication of any insurance proceeds or condemnation awards to the outstanding principal balance of the Loan) only upon payment of a prepayment charge in the amount of:

Appears in 3 contracts

Samples: Promissory Note (Cole Credit Property Trust III, Inc.), Promissory Note (Cole Credit Property Trust III, Inc.), Promissory Note (Cole Credit Property Trust III, Inc.)

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Prepayment Charge-Stepped. This Note may be prepaid in full (and not in part, except for partial prepayments resulting from Lendex’x xxplication Xxxxxx’s application of any insurance proceeds or condemnation awards to the outstanding principal balance of the Loan) only upon payment of a prepayment charge in the amount of:

Appears in 2 contracts

Samples: Promissory Note (Cole Credit Property Trust III, Inc.), Promissory Note (Cole Credit Property Trust III, Inc.)

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