Charges for prepayment definition

Charges for prepayment means an amount payable by the Customer to BFL as a penalty for part pre- payment or full pre-payment of the Loan.
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Charges for prepayment means an amount payable by the Borrower to CFL as a penalty for pre- payment of the Loan.
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Charges for prepayment means an amount payable by the Borrower to SFPL as a penalty for part pre- payment or full pre-payment of the Loan, as set out in the Loan Term Sheet as may be revised from time to time.
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Examples of Charges for prepayment in a sentence

  • Charges for prepayment and cancellation, and their calculation principles, will be included in the loan documents to ensure full transparency for borrowers.

  • Upon receiving a specific written request from the Customer and/or at BFL’s sole discretion, the Loan may be foreclosed/partly prepaid upon collecting applicable Charges for prepayment, as may be decided by BFL from time to time.

  • The interest, charges and other fees payable by the Customer on any Loan such as Bounce Charges, Charges for prepayment, Upfront Interest, Penal Interest, service charges, Processing fee/Convenience fees, other charges, etc.

  • The interest, charges and other fees payable by the Customer on any Loan such as Bounce Charges, Charges for prepayment, Upfront Interest, Penal Interest, service charges, processing fee, convenience fees, other charges, etc.

  • Upon receiving a specific written request from the Customer and/or at BFL’s sole discretion, the Loan may be foreclosed by BFL upon collecting applicable Charges for prepayment, as may be decided byBFL from time to time.

  • Penalty Costs and Other Charges for prepayment of pre-existing recorded mortgage, deeds of trust or other security instrument that encumber the real property $ % 11.

  • Charges for prepayment and cancellation, and their calculation principles, would be included in the loan documents to ensure full transparency for borrowers.

  • Charges for pre-payment or pre-closure of loan before actual due date1 % of prepaid / foreclosed amount(iii)Interest chrages for overdues1 % on the overdue amount for the overdue period.

  • Upon receiving a specific written request from the Customer and/or at BFL’s sole discretion, the Loan may be foreclosed by BFL upon collecting applicable Charges for prepayment, as may be decided by BFL from time to time.

  • The interest, charges and other fees payable by the Customer on any Loan such as Bounce Charges, Charges for prepayment, Upfront Interest, Penal Interest, service charges, Processing fee, Convenience fees, other charges, etc.


More Definitions of Charges for prepayment

Charges for prepayment means an amount payable by the Customer to BFL as a penalty forpart pre-payment or foreclosure (full pre-payment) of the Loan.
Sample 1
Charges for prepayment means an amount payable by the Customer to CF as a penalty for prepayment of the Loan.
Sample 1
Charges for prepayment means an amount payable by the Customer to BFL as a penalty for part prepayment or foreclosure (full pre-payment) of the Loan.
Sample 1

Related to Charges for prepayment

  • Prepayment means any prepayment, whether in part or in full, in respect of any Receivable.

  • Optional Prepayment shall have the meaning set forth in Section 2.10.

  • Full Prepayment Any payment of the entire principal balance of a Mortgage Loan which is received in advance of its scheduled Due Date and is not accompanied by an amount of interest representing scheduled interest due on any date or dates in any month or months subsequent to the month of prepayment.

  • Optional Prepayment Price shall have the meaning set forth in Section 14.02(a).

  • Optional Prepayment Date has the meaning specified in Section 4.b hereof.

  • Discounted Voluntary Prepayment has the meaning specified in Section 2.05(d)(i).

  • Discounted Prepayment Option Notice has the meaning specified in Section 2.05(d)(ii).

  • Notice of Prepayment has the meaning assigned thereto in Section 2.4(c).

  • Voluntary Prepayment means a prepayment of principal of Term Loans pursuant to Section 2.12 in any year to the extent that such prepayment reduces the scheduled installments of principal due in respect of Term Loans in any subsequent year.

  • Partial Prepayment Any payment of principal on a Mortgage Loan, other than a Full Prepayment, which is received in advance of its scheduled Due Date and is not accompanied by an amount of interest representing scheduled interest due on any date or dates in any month or months subsequent to the month of prepayment.

  • Initial Prepayment shall have the meaning set forth in Section 7.2 of this Agreement.

  • Partial Prepayment Amount means the amount required to prepay a portion of the Annual Special Tax obligation for an Assessor’s Parcel as described in Section H.

  • Notice of Loan Prepayment means a notice of prepayment with respect to a Loan, which shall be substantially in the form of Exhibit 2.05 or such other form as may be approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer of the Borrower.

  • Discounted Voluntary Prepayment Notice has the meaning specified in Section 2.05(d)(v).

  • Borrower Offer of Specified Discount Prepayment means the offer by any Company Party to make a voluntary prepayment of Term Loans at a Specified Discount to par pursuant to Section 2.05(a)(v)(B).

  • ECF Prepayment Amount has the meaning assigned to such term in Section 2.11(b)(i).

  • Mandatory Prepayment is defined in Section 2.4(a).

  • Prepayment Premium means, with respect to the Mortgage Loan, any prepayment premium, spread maintenance premium, yield maintenance premium or similar fee required to be paid in connection with a prepayment of the Mortgage Loan pursuant to the Mortgage Loan Documents, including any exit fee.

  • Specified Discount Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(B)(1).

  • Applicable Prepayment Premium has the meaning specified therefor in the Fee Letter.

  • Discounted Term Loan Prepayment has the meaning assigned to such term in Section 2.11(a)(ii)(A).

  • Prepayment Rate means the bond equivalent yield (in the secondary market) on the United States Treasury Security that as of the Prepayment Rate Determination Date has a remaining term to maturity closest to, but not exceeding, the remaining term to the Maturity Date, as most recently published in the "Treasury Bonds, Notes and Bills" section in The Wall Street Journal as of the date of the related tender of the payment. If more than one issue of United States Treasury Securities has the remaining term to the Maturity Date referred to above, the "Prepayment Rate" shall be the yield on the United States Treasury Security most recently issued as of such date. If the publication of the Prepayment Rate in The Wall Street Journal is discontinued, Lender shall determine the Prepayment Rate on the basis of "Statistical Release H.15(519), Selected Interest Rates," or any successor publication, published by the Board of Governors of the Federal Reserve System, or on the basis of such other publication or statistical guide as Lender may reasonably select. "PREPAYMENT RATE DETERMINATION DATE" shall mean the date which is five (5) Business Days prior to the prepayment date.

  • Specified Discount Prepayment Notice means an irrevocable written notice of a Borrower Offer of Specified Discount Prepayment made pursuant to Section 2.11(a)(ii)(B) substantially in the form of Exhibit I.

  • Discount Range Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(C)(1).

  • Proposed Prepayment Date is defined in Section 8.3(c).