PREPAYMENT TERMS. The Replacement Note or any New Replacement Note plus accrued interest may be prepaid in full at anytime without penalty.
PREPAYMENT TERMS. Maker may pay the principal amount outstanding under this Note, in whole or in part, together with any accrued and unpaid interest thereon, at any time or from time to time, without penalty or premium.
PREPAYMENT TERMS. The Loan may be prepaid, in whole or in part, at any time and from time to time without penalty.
PREPAYMENT TERMS. Borrower may prepay principal of the Credit at any time, in any amount, without penalty.
PREPAYMENT TERMS. (a) VOLUNTARY PREPAYMENT. Maker may prepay, in connection with any Rent Commencement Date under an Equipment Schedule, the Principal outstanding hereunder at any time without premium or penalty.
PREPAYMENT TERMS. (a) [Reserved]
PREPAYMENT TERMS. Borrower may prepay principal of the Credit as follows: If the original Credit amount is $10,000 or more, and there are (12) months or more remaining until maturity, Borrower shall pay to Bank a prepayment fee equal to (i) 5% of the amount prepaid if the remaining term is five or more years, (ii) 4% of the amount prepaid if the remaining term is four to five years, (iii) 3% of the amount prepaid if the remaining term is three to four years, (iv) 2% of the amount prepaid if the remaining term is two to three years, and (v) 1% of the amount prepaid if the remaining term is one to two years. All prepayments of principal shall be applied on the most remote principal installment or installments then unpaid. Borrower(s) Initials ________________
PREPAYMENT TERMS. Borrower may pay the principal amount outstanding under this Loan, in whole or in part, together with any accrued and unpaid interest thereon, at any time or from time to time, without penalty or premium.
PREPAYMENT TERMS. Borrower may prepay principal of the Credit at any time, in any amount, without penalty. ADVANCES: Advances shall be subject to the following terms and conditions: * This Credit shall be a non-revolving line of credit. Once the total amount available under the Credit has been advanced. Borrower shall not be entitled to further Advances. * Borrower shall deliver to Bank an acceptable purchase agreement or an invoice from vendor - not more than 90 days old - for equipment to be purchased in whole or in part with the Advance. * Bank may fund Advances to Borrower or directly to vendor at Bank's sole discretion. * If an Advance or Advances to acquire an item of used equipment aggregate(s) $100,000.00 or more, Borrower shall obtain, at Borrower's sole cost and expense, an appraisal to determine the liquidation value of such equipment. The appraisal must be performed by an independent appraiser satisfactory to Bank, at Bank's sole discretion. * The minimum Advance shall be $5,000.00. INTEREST ACCRUAL BASIS. Interest shall be computed on a 365/360 simple interest basis; that is, by multiplying the ratio of the annual interest rate over a year of 360 days, times the outstanding principal balance, times the actual number of days the principal is outstanding.
PREPAYMENT TERMS. Party B shall pay 20% of the prepayment within 7 days starting from the date of signing as a performance bond, pay 85% of land prepayment (including performance bonds) within 30 days. The balance will be paid off before “Land Tender, Auction and Listing”. The funds paid by Party B above can be partly offset by Party A’s buy-back fund. Please wire the land prepayment to the account below: Account name: Changxing Yongxin Construction & Development Company Limited Bank name: Changxing Xianqian street branch, Industrial and Commercial Bank of China Account number: 1205270409200011663
