Early Repayment Fee definition

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.
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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.
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Early Repayment Fee. For fixed-rate loans: For adjustable-rate loans (tied to a Refinancing index): For adjustable-rate loans (tied to a Refinancing index):
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Examples of Early Repayment Fee in a sentence

  • If you pay the unpaid balance in full before the final payment is due or if the loan is repaid early due to the lender’s enforcement action taken after you default (prepayment), you will have to pay our Early Repayment Fee to compensate us for the administrative costs relating to the prepayment Our complaints procedure may be initiated by telephone, email, via our website or in writing using the contact details specified above.

  • It is therefore STRONGLY advised that all Home Loans be retained for a minimum 36 months from the period as set above to avoid an Early Repayment Fee.

  • Where a loan is moved away from NewBuild, or fully or partially repaid within 36 months from Code Compliance Certificate or settlement, whichever is the latter, an Early Repayment Fee (ERF) will apply.

  • If ANZ’s obligations in respect of a fixed rate loan are terminated:• before the termination date for any reason; or• because ANZ gives you notice under section 1.11,you agree to pay ANZ (if demanded) the Early Repayment Fee set out in the Fees Booklet.

  • Customers, who are enterprises (”Enterprise Customers”), are supported at maximum equal to the Interest Rate and Early Repayment Fee applied for Individual Customers by the Developer.


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;
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Early Repayment Fee means a fee of the amount set out in the First Schedule.
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Early Repayment Fee shall have the meaning assigned thereto in the Side Letter.
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Early Repayment Fee. For fixed-rate loans: For fixed-rate loans:
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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;
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Early Repayment Fee means any fee (other than a Redemption Fee) which a Borrower is required to pay in the event that such Borrower repays all or any part of the relevant Loan before a specified date in the Mortgage Conditions;
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Early Repayment Fee see clause 4. “Event of Default” see clause 13.
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