Early Repayment Fee means a fee up to 5% as determined by the Manager, in its sole discretion, of the original principal balance of the Note, plus an amount equal to the interest rate differential between the original interest stated on the Note and the interest allocable to the shortened holding period, per the original executed Note Schedule, will be charged for any Notes repurchased early. The Manager may or may not approve a request for Redemption, prior to the Maturity Date, in its sole discretion.
Early Repayment Fee. For fixed-rate loans: If paid off / closed: 2% (but no more than the maximum threshold per period, as stipulated herein). X% of the amount paid towards the outstanding principal balance – if the prepaid amount is more than 0-Yx the scheduled monthly principal, accrued interest and insurance premium at the time of payment. This provision applies during a calendar month, once only. X% if paid off with own funds. Z% of the amount paid towards the outstanding principal balance – if the prepaid amount is more than Yx the scheduled monthly principal, accrued interest and insurance premium at the time of payment. But no more than: 2% - with more than 24 months left to credit maturity 1% - with 12 to 24 months left to credit maturity 0.5% - with 6 to 12 months left to credit maturity 0% - with less than 6 months left to credit maturity For adjustable-rate loans (tied to a Refinancing index): If paid off / closed: 0.5% (but no more than the maximum threshold per period, as stipulated herein). X% of the amount paid towards the outstanding principal balance – if the prepaid amount is more than 0-Yx the scheduled monthly principal, accrued interest and insurance premium at the time of payment. This provision applies during a calendar month, once only. X% if paid off with own funds. Z% of the amount paid towards the outstanding principal balance – if the prepaid amount is more than Yx the scheduled monthly principal, accrued interest and insurance premium at the time of payment. But no more than: 0.5% - with more than 6 left until the expiration of the agreement 0% - with less than 6 months left until the expiration of the agreement If there of a grace period on the loan: Interest will accrue on the loan continuously and without any changes during the Grace Period and be paid after the Grace Period in accordance with the Repayment Schedule. If the loan is prepaid in full or partially during the Grace period, the Borrower shall pay all expenses accrued before the date of prepayment, including the insurance premium (in any) as well as interest (on a pro rata basis); If the loan is prepaid after the Grace period, the Borrower shall pay the full amount of interest accrued during the Grace Period (and distributed over subsequent scheduled payments), as well as the interest, insurance premium (if any) and other charges accrued after the Grace Period up to the date of prepayment. External Refinancing Fee: For fixed-rate loans: 2% of the scheduled monthly principal, accrued in...
Early Repayment Fee means 5%, or other figure as determined by the Manager, of the original Note principal plus the difference in Note Rate on the original executed Note Schedule between the Note Rate of the Note’s original Term and the Note Rate of the Note’s actual Term to repayment, as determined by the Manager upon its acceptance of the Note Holder’s repayment request.
Examples of Early Repayment Fee in a sentence
Early Repayment Fee $30: Administration fee charged to the loan account when the account is settled early.
More Definitions of Early Repayment Fee
Early Repayment Fee means the fee payable by you in the event you prepay the Unpaid Balance early as set out under the heading “Full Prepayment” in the Initial Disclosure Statement; “Event of Default” means any of the events outlined in clause 20.0;
Early Repayment Fee means any fee (other than a Redemption Fee) which a Borrower is required to pay in the event that the Borrower is in default or his or her Loan becomes repayable for any other mandatory reason or he or she repays all or any part of the relevant Loan before a specified date;
Early Repayment Fee means a fee of the amount set out in the First Schedule.
Early Repayment Fee shall have the meaning assigned thereto in the Side Letter.
Early Repayment Fee. For fixed-rate loans: If paid off / closed: 2% (but no more than the maximum threshold per period, a stipulated herein). X% of the amount paid towards the outstanding principal balanc±eif the prepaid amount is more than 0-Yx the scheduled monthly principal, accrued interest an insurance premium at the time of payment. This provision applies during a calen month, once only. X% if paid off with own funds. Z% of the amount paid towards the outstanding principal balanc±eif the prepaid amount is more than Yx the scheduled monthly principal, accrued interest a insurance premium at the time of payment. But no more than: 2% - with more than 24 months left to credit maturity 1% - with 12 to 24 months left to credit maturity 0.5%- with 6 to 12 months left to credit maturity 0% - with less than 6 months left to credit maturity For adjustable-rate loans (tied to a/TIBR/ Euribor/Sofr index): If paid off / closed: 0.5% (but no more than themaximum threshold per period, a stipulated herein). X% of the amount paid towards the outstanding principal balanc±eif the prepaid amount is more than 0-Yx the scheduled monthly principal, accrued interest an insurance premium at the time of payment. This provision applies during a calen month, once only. X% if paid off with own funds. Z% of the amount paid towards the outstanding principal balanc±eif the prepaid amount is more than Yx the scheduled monthly principal, accrued interest a insurance premium at the time of payment. But no more than: 0.5%- with more than 6 left until the expiration of the agreement 0% - with less than 6 months left until the expiration of the agreement
Early Repayment Fee. For fixed-rate loans: 0.0% of the amount paid towards the outstanding principal balance – if the prepaid amount is more than 0x the scheduled monthly principal, accrued interest and insurance premium at the time of payment. X% - if paid off with own funds. But no more than: 2% - with more than 24 months left to credit maturity 1% - if 12 to 24 months left to credit maturity 0.5% - if 6 to 12 months left to credit maturity 0% - with less than 6 months left to credit maturity For adjustable-rate loans (tied to a Refinancing/LIBOR index): If paid off / closed: 5.0% (but no more than the maximum threshold per period, as stipulated herein).
Early Repayment Fee. For fixed-rate loans: 0.0% of the amount paid towards the outstanding principal balance – if the prepaid amount is more than 0x the scheduled monthly principal, accrued interest and insurance premium at the time of payment. X% - if paid off with own funds. But no more than: 2% - with more than 24 months left to credit maturity 1% - if 12 to 24 months left to credit maturity 0.5% - if 6 to 12 months left to credit maturity 0% - with less than 6 months left to credit maturity For adjustable-rate loans (tied to a Refinancing/LIBOR index): If paid off / closed: 5.0% (but no more than the maximum threshold per period, as stipulated herein). 0.5% of the amount paid towards the outstanding principal balance – if the prepaid amount is more than 0x the scheduled monthly principal, accrued interest and insurance premium at the time of payment. But no more than: 0.5% - with more than 6 months left to credit maturity 0% - with less than 6 months left to credit maturity.