Common use of Prepayments Payments Clause in Contracts

Prepayments Payments. 1.4.1. The Borrower shall have the right to make prepayments at any time of the principal amount of any Loan, in whole or in part, without notice. Each prepayment shall be without premium or penalty.

Appears in 2 contracts

Samples: Johnston Richard P, Royal Precision Inc

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Prepayments Payments. 1.4.12.4.1. The Borrower shall have the right to make prepayments at any time of the principal amount of any Loanamount, in whole or in part, without notice. Each prepayment shall be without premium or penalty.

Appears in 1 contract

Samples: Royal Precision Inc

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Prepayments Payments. 1.4.12.4.1. The Borrower shall have the right to make prepayments at any time of the principal amount of any Loanamount, in whole or in part, without notice. Each prepayment shall be without premium or penalty. Once a prepayment is made, Borrower shall not be able to reborrow such amount.

Appears in 1 contract

Samples: Royal Precision Inc

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