Common use of XXXXXXXX’S RIGHT TO PREPAY Clause in Contracts

XXXXXXXX’S RIGHT TO PREPAY. Borrower may pay without penalty, all or a portion of the amount owed earlier that it is due. Any prepayment shall be first applied against any accrued and unpaid interest and then to reduce the amount of principal due under this Note.

Appears in 8 contracts

Samples: Unsecured Promissory Note (Rostock Ventures Corp), Unsecured Promissory Note (Appiphany Technologies Holdings Corp), Unsecured Promissory Note (Harbor Island Development Corp.)

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XXXXXXXX’S RIGHT TO PREPAY. Borrower may pay without penalty, all or a portion of the amount owed earlier that than it is due. Any prepayment shall be first applied against any accrued and unpaid interest and then to reduce the amount of principal due under this Note.

Appears in 3 contracts

Samples: Unsecured Promissory Note (SoCal Harvest, Inc.), Unsecured Promissory Note (Technology Applications International Corp), Unsecured Promissory Note (Willow Creek Enterprises Inc.)

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