Common use of Tender After Acceleration Clause in Contracts

Tender After Acceleration. If, following the occurrence of an Event of Default and the acceleration of the Indebtedness but prior to the foreclosure of this Deed of Trust, Grantor shall tender to State Farm payment of an amount sufficient to pay the entire Indebtedness, such tender shall be deemed to be a voluntary prepayment under the Note and, consequently, Grantor shall also pay to State Farm any charge or premium required under the Note or any other Loan Documents to be paid in order to prepay principal and, if such principal payment is made during any period when prepayment is prohibited by this Deed of Trust, the Note or any of the other Loan Documents the applicable charge or premium shall be the maximum prepayment penalty provided for in the Note; provided, however, that in the event any amount payable under this Section is deemed interest, in no event shall such amount when added to the interest otherwise payable on the Note and the other Indebtedness exceed the maximum interest permitted under applicable law.

Tender After Acceleration. If, following the occurrence of an Event of Default a ------------------------- default and the acceleration of the Indebtedness secured indebtedness but prior to the foreclosure of this Deed of TrustTrust against the Property, Grantor shall tender to State Farm the Noteholder payment of an amount sufficient to pay the entire Indebtednesssecured indebtedness, such tender shall be deemed to be a voluntary prepayment under the Note and, consequently, Grantor shall also pay to State Farm the Noteholder any charge or premium required under the Note or any other Loan Documents to be paid in order to prepay principal and, if such principal payment is made during any period when prepayment is prohibited by this Deed of TrustTrust or the Note, the Note or any of the other Loan Documents the applicable charge or premium shall be the maximum prepayment penalty provided for in the Note; provided, however, that in the no event shall any amount payable under this Section is deemed interestparagraph, in no event shall such amount when added to the interest otherwise payable on the Note and the other Indebtedness secured indebtedness, exceed the maximum interest permitted under applicable law.

Tender After Acceleration. If, following the occurrence of an Event of a Default and the acceleration of the Indebtedness but prior to the foreclosure of this Deed of TrustMortgage, Grantor shall tender to State Farm the Collateral Agent payment of an amount sufficient to pay the entire Indebtedness, such tender shall be deemed to be a voluntary prepayment under the Note Notes and, consequently, Grantor shall also pay to State Farm the Collateral Agent any charge or premium required under the Note Notes or any other Loan Documents to be paid in order to prepay principal and, if such principal payment is made during any period when prepayment is prohibited by this Deed of TrustMortgage, the Note Notes or any of the other Loan Documents the applicable charge or premium shall be the maximum prepayment penalty provided for in the NoteNotes; provided, however, that in the event any amount payable under this Section Paragraph is deemed interest, in no event shall such amount when added to the interest otherwise payable on the Note Notes and the other Indebtedness exceed the maximum interest permitted under applicable law.

Tender After Acceleration. If, following the occurrence of an Event of a Default and the acceleration of the Indebtedness but prior to the foreclosure of this Deed of TrustMortgage, Grantor shall tender to State Farm Noteholder payment of an amount sufficient to pay the entire Indebtedness, such tender shall be deemed to be a voluntary prepayment under the Note and, consequently, Grantor shall also pay to State Farm Noteholder any charge or premium required under the Note or any other Loan Documents to be paid in order to prepay principal and, if such principal payment is made during any period when prepayment is prohibited by this Deed of TrustMortgage, the Note or any of the other Loan Documents the applicable charge or premium shall be the maximum prepayment penalty provided for in the Note; provided, however, that in the event any amount payable under this Section Paragraph is deemed interest, in no event shall such amount when added to the interest otherwise payable on the Note and the other Indebtedness exceed the maximum interest permitted under applicable law.

Tender After Acceleration. If, following the occurrence of an Event of a Default and the acceleration of the Indebtedness but prior to the foreclosure of this Deed of Trust, Grantor shall tender to State Farm the Collateral Agent payment of an amount sufficient to pay the entire Indebtedness, such tender shall be deemed to be a voluntary prepayment under the Note Notes and, consequently, Grantor shall also pay to State Farm the Collateral Agent any charge or premium required under the Note Notes or any other Loan Documents to be paid in order to prepay principal and, if such principal payment is made during any period when prepayment is prohibited by this Deed of Trust, the Note Notes or any of the other Loan Documents the applicable charge or premium shall be the maximum prepayment penalty provided for in the NoteNotes; provided, however, that in the event any amount payable under this Section Paragraph is deemed interest, in no event shall such amount when added to the interest otherwise payable on the Note Notes and the other Indebtedness exceed the maximum interest permitted under applicable law.