Prepayment Privileges. The following prepayment privileges may be used in the same year. The exercising of either privilege will not affect any of the Borrower's obligations under this Mortgage including the continuing regular loan payments as to Indebtedness or due date. Privileges are not cumulative and may not be carried over from one year to the next.
Prepayment Privileges. You may repay all or a portion of your loan at any time without charges or penalties. PREPAYMENT CHARGES None
Prepayment Privileges. This Note may be prepaid in whole or in part at any time and from time to time during the term hereof.
Prepayment Privileges. This Note may be prepaid in whole or in part at any time and from time to time during the term hereof. All partial prepayments shall be applied in inverse order of maturity and shall not extend or reduce any other principal payments due hereunder.
Prepayment Privileges. This Note may be prepaid in whole or in part at any time and from time to time during the term hereof upon at least fifteen (15) days’ prior written notice to Lender. All partial prepayments shall be applied in inverse order of maturity and shall not extend or reduce the next installment due hereunder.
Prepayment Privileges. If you have chosen an open term for a mortgage, you may, without having to pay any prepayment charge, prepay all or part of the outstanding principal amount of such mortgage at any time or increase your regular payments once in each year of the term (in accordance with section 2.14.1.3 below) by the percentage set out in the tables in the Operating Agreement for your Manulife Bank Select Account. If you have chosen a closed term for a mortgage, as indicated in the Operating Agreement for your Manulife Bank Select Account, you may make prepayments only as provided below:
Prepayment Privileges. Xxxx prepayment privileges have been set forth in any accepted Commitment Letter between the Credit Union and the Member as may be amended in writing from time to time that relate to this Loan. Such prepayment privileges have been specifically adopted under this Agreement.
Prepayment Privileges. The Loan is open and may be prepaid in full or partially on any regular payment date without prepayment charges. After each partial prepayment is made, the Borrower must continue to make the regular payments. Each partial prepayment made by the Borrower is applied to pay down the outstanding principal and cannot be refunded. PAYMENT OF INDEBTEDNESS ON THE BALANCE DUE DATE OR MATURITY DATE The Borrower undertakes to pay any outstanding balance of the Adjustable Rate Loan on the Balance Due Date or maturity date shown on the Agreement then governing the Adjustable Rate Loan and for each other part of the Indebtedness on the Balance Due Date or maturity date set out in the Agreement relating to that part of the Indebtedness or any agreement amending the Agreement. For certainty and notwithstanding any other terms and conditions in this charge, all indebtedness, liabilities and obligations secured by this charge are payable on demand and this charge may be enforced on the occurrence of such demand. SECURED OBLIGATIONS AND DISCHARGE
Prepayment Privileges
