Common use of Prepayment; Defeasance Clause in Contracts

Prepayment; Defeasance. Except as otherwise expressly permitted by this Section 2.4 no voluntary prepayments, whether in whole or in part, of the Loan or any other amount at any time due and owing under the Note can be made by Borrower or any other Person without the express written consent of Lender.

Appears in 13 contracts

Samples: Work Letter Agreement (MPG Office Trust, Inc.), Loan Agreement (American Assets Trust, Inc.), Loan Agreement (Sothebys)

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Prepayment; Defeasance. Except as otherwise expressly permitted by this Section 2.4 Article 5, no voluntary prepayments, whether in whole or in part, of the Loan or any other amount at any time due and owing under the this Note can be made by Borrower or any other Person without the express written consent of Lender.

Appears in 1 contract

Samples: Gladstone Commercial Corp

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Prepayment; Defeasance. Except as otherwise expressly permitted by this Section 2.4 2.04 no voluntary prepayments, whether in whole or in part, of the Loan or any other amount at any time due and owing under the Note can be made by Borrower or any other Person without the express written consent of Lender.

Appears in 1 contract

Samples: Loan Agreement (CNL Income Properties Inc)

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