Common use of Tender After Acceleration Clause in Contracts

Tender After Acceleration. If, following the occurrence of a Default and the acceleration of the Secured Indebtedness but prior to the foreclosure of this Deed against the Property, Grantor shall tender to the Collateral Agent and/or Lenders payment of an amount sufficient to pay the entire Secured Indebtedness, such tender shall be deemed to be a voluntary prepayment and, consequently, Grantor shall also pay to Lenders any charge or premium required 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, or the Loan Documents, the applicable charge or premium shall be the maximum prepayment penalty provided for in the Loan Documents; provided, however, that in no event shall any amount payable under this Paragraph 3.15, when added to the interest otherwise payable on the Secured Indebtedness, exceed the maximum interest permitted under Applicable Laws.

Tender After Acceleration. If, following the occurrence of a Default default and the acceleration of the Secured Indebtedness secured indebtedness but prior to the foreclosure of this Deed of Trust against the Property, Grantor shall tender to the Collateral Agent and/or Lenders Beneficiary payment of an amount sufficient to pay the entire Secured Indebtednesssecured indebtedness, such tender shall be deemed to be a voluntary prepayment under the Note and, consequently, Grantor shall also pay to Lenders the Beneficiary any charge or premium required under the Note 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, Deed of Trust or the Loan DocumentsNote, the applicable charge or premium shall be the maximum prepayment penalty provided for in the Loan DocumentsNote; provided, however, that in no event shall any amount payable under this Paragraph 3.15paragraph, when added to the interest otherwise payable on the Secured IndebtednessNote and the other secured indebtedness, exceed the maximum interest permitted under Applicable Lawsapplicable law.

Tender After Acceleration. If, following the occurrence of a Default default and the acceleration of the Secured Indebtedness secured indebtedness but prior to the foreclosure of this Deed Mortgage against the Property, ; Grantor shall tender to the Collateral Agent and/or Lenders Noteholder payment of an amount sufficient to pay the entire Secured Indebtednesssecured indebtedness, such tender shall be deemed to be a voluntary prepayment under the Note and, consequently, Grantor shall also pay to Lenders the Noteholder any charge or premium required under the Note 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, Mortgage or the Loan DocumentsNote, the applicable charge or premium shall be the maximum prepayment penalty provided for in the Loan DocumentsNote; provided, however, that in no event shall any amount payable under this Paragraph 3.15paragraph, when added to the interest otherwise payable on the Secured IndebtednessNote and the other secured indebtedness, exceed the maximum interest permitted under Applicable Lawsapplicable law.

Tender After Acceleration. If, following the occurrence of a ------------------------- Default and the acceleration of the Secured Indebtedness but prior to the foreclosure of this Deed of Trust against the Property, Grantor shall tender to the Collateral Administrative Agent and/or Lenders Banks payment of an amount sufficient to pay the entire Secured Indebtedness, such tender shall be deemed to be a voluntary prepayment and, consequently, Grantor shall also pay to Lenders Banks any charge or premium required to be paid in order to prepay principal and, if such principal payment is made during any period when prepayment is prohibited by this DeedDeed of Trust, or the Loan Documents, the applicable charge or premium shall be the maximum prepayment penalty provided for in the Loan Documents; provided, however, that in no event shall any amount payable under this Paragraph 3.15, when added to the interest otherwise payable on the Secured Indebtedness, exceed the maximum interest permitted under Applicable LawsLaw.