Common use of Xxxx Acceleration, Prepayment Clause in Contracts

Xxxx Acceleration, Prepayment. The Debt will, without notice, become immediately due and payable at the option of Payee upon the occurrence of any Event of Default. This Note may not be prepaid except as expressly provided in, and subject to the terms and conditions of, the Loan Agreement. ​ LOAN AGREEMENT, SCHEDULE 1, PAGE 1-1 ​ ​

Appears in 2 contracts

Samples: Loan Agreement (Lodging Fund REIT III, Inc.), Loan Agreement (Lodging Fund REIT III, Inc.)

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Xxxx Acceleration, Prepayment. The Debt will, without notice, become immediately due and payable at the option of Payee upon the occurrence of any Event of Default, not then cured by Maker or Guarantor pursuant to the Loan Agreement. This Note may not be prepaid except as expressly provided in, and subject to the terms and conditions of, the Loan Agreement. ​ ​ ​ LOAN AGREEMENT, SCHEDULE 1, PAGE 1-1

Appears in 1 contract

Samples: Loan Agreement (Lodging Fund REIT III, Inc.)

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Xxxx Acceleration, Prepayment. The Debt will, without notice, become immediately due and payable at the option of Payee upon the occurrence of any Event of Default. This Note may not be prepaid except as expressly provided in, and subject to the terms and conditions of, the Loan Agreement. ​ LOAN AGREEMENT, SCHEDULE 1, PAGE 1-1 ​ ​.

Appears in 1 contract

Samples: Loan Agreement (Lodging Fund REIT III, Inc.)

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