Common use of REPAYMENT IN ADVANCE Clause in Contracts

REPAYMENT IN ADVANCE. The Borrower shall obtain approval from the Lender if it intends to make repayment in advance. Upon approval of the Lender, interest shall be charged on the amount of early repayment according to the 2nd method below: 1. According to the loan terms and applicable interest rate provided in this agreement; 2. According to the actual loan term and an interest rate 0% higher than the applicable interest rate provided in this agreement.

REPAYMENT IN ADVANCE. The Borrower shall obtain approval get permission from Lender to repay the Lender if it intends to make repayment loan in advance. Upon approval of If Lender accepts such repayment from Borrower, an interest will be calculated and imposed upon the Lender, interest shall be charged on the amount of early repayment advanced payment according to the 2nd method belowfollowing method: 1. According to Have the loan terms and applicable enforceable interest rate provided indicated in this agreement; 2. According Agreement adjusted upward for 0% according to the actual loan term and an interest rate 0% higher than the applicable interest rate provided in this agreementperiod.

REPAYMENT IN ADVANCE. The Lender’s consent shall be obtained if the Borrower shall obtain approval from the Lender if it intends to make repayment in advance. Upon approval In the case where the Lender agrees repayment in advance, the interest of the Lender, principal repaid early shall be calculated according to the First method.. 1. The interest shall be charged on the amount of early repayment calculated according to the 2nd method below: 1. According to the loan terms Loan term and applicable interest rate provided stipulated in this agreement;Agreement. 2. According The interest shall be calculated % above the interest rated stipulated in this Agreement according to the actual loan term and an interest rate 0% higher than the applicable interest rate provided in this agreementterm.

REPAYMENT IN ADVANCE. The Borrower shall obtain approval from the Lender if it intends to make repayment in advance. Upon approval of the Lender, interest shall be charged on the amount of early repayment according to the 2nd method below: 1. According to the loan terms and applicable interest rate provided in this agreement; 2. According to the actual loan term and an interest rate 00 % higher than the applicable interest rate provided in this agreement.