Common use of Prepayment Option Clause in Contracts

Prepayment Option. To satisfy in full the Village’s obligations under this Obligation, the Village shall have the right to prepay all or a portion of the outstanding principal balance of this Obligation at any time, at par and without penalty.

Appears in 7 contracts

Samples: Development Grand Appliance, Tax Agreement, Tax Agreement

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Prepayment Option. To satisfy in full the Village’s obligations under this Obligation, the Village shall have the right to prepay all or a portion of the outstanding principal balance with all interest thereon of this Obligation at any time, at par and without penalty.

Appears in 1 contract

Samples: Glen Grove Apartments

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Prepayment Option. To satisfy in full the Village’s obligations under this Obligation, the Village shall have the right to prepay all or a portion of the outstanding principal balance of this Obligation at any time, at par and time without penalty.

Appears in 1 contract

Samples: Tax Agreement

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