Common use of Repayment and Prepayment of the Loans Clause in Contracts

Repayment and Prepayment of the Loans. The outstanding principal amount of all Loans made to a Trust and all accrued and unpaid interest thereon will be due and payable in full on the related Maturity Date. A Trust may prepay any outstanding Loan, in whole or in part, at any time without penalty. Any amounts prepaid by such Trust may be reborrowed. All payments of principal of and interest on the Loans will be made in lawful money of the United States, in immediately available funds, to the agent of the Lender (as may be designated in writing by the Lender from time to time). If any such payment falls due on a day which is not a Business Day, such payment will be due on the next following Business Day. Payments received by the Lender in respect of Loans made to a Trust will be applied: first, to accrued and unpaid interest on such Loans, and second, to the principal of such Loans.

Repayment and Prepayment of the Loans. The outstanding principal amount of all Loans made to a the Trust and all accrued and unpaid interest thereon will be due and payable in full on the related Maturity Date. A The Trust may prepay any outstanding Loan, in whole or in part, at any time without penalty. Any amounts prepaid by such the Trust may be reborrowed. All payments of principal of and interest on the Loans will be made in lawful money of the United States, in immediately available funds, to the agent of the Lender (as may be designated in writing by the Lender from time to time). If any such payment falls due on a day which is not a Business Day, such payment will be due on the next following Business Day. Payments received by the Lender in respect of Loans made to a the Trust will be applied: first, to accrued and unpaid interest on such Loans, and second, to the principal of such Loans.

Repayment and Prepayment of the Loans. The outstanding principal amount of all Loans made to a Trust and all accrued and unpaid interest thereon will be due and payable in full on the related Maturity Date. A Trust The Company may prepay any outstanding Loan, in whole or in part, at any time without penalty. Any amounts prepaid by such Trust may be reborrowed. All payments of principal of and interest on the Loans will be made in lawful money of the United States, in immediately available funds, to the agent of the Lender (as may be designated in writing by the Lender from time to time). If any such payment falls due on a day which is not a Business Day, such payment will be due on the next following Business Day. Payments received by the Lender in respect of Loans made to a Trust will be applied: first, to accrued and unpaid interest on such the Loans, and second, to the principal of such the Loans.