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. 1.4.2. The Borrower shall make all payments of principal and interest under this Note to the Lender at such location as the Lender may direct in immediately available funds. If any payment of principal or interest on this Note shall become due on a day other than a Business Day, such payment shall be due and payable upon the next succeeding Business Day and such extension of time shall in such case be included in computing interest in connection with such payment.

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. 1.4.2. The Borrower shall make all payments of principal and interest under this Note to the Lender at such location as the Lender may direct in immediately available funds2.4.2. If any payment of principal or interest on this Note shall become due on a day other than a Business Day, such payment shall be due and payable upon the next succeeding Business Day and such extension of time shall in such case be included in computing interest in connection with such payment.

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. 1.4.2. The Borrower shall make all payments of principal and interest under this Note to the Lender at such location as the Lender may direct in immediately available funds2.4.2. If any payment of principal or interest on this Note shall become due on a day other than a Business Day, such payment shall be due and payable upon the next succeeding Business Day and such extension of time shall in such case be included in computing interest in connection with such payment.