Common use of Minimum Interest Charge Clause in Contracts

Minimum Interest Charge. In any event, even upon full prepayment of this Note, ▇▇▇▇▇▇▇▇ understands that Lender is entitled to a minimum interest charge of $10.00. Other than Borrower’s obligations to pay any minimum interest charge, Borrower may pay without penalty all or a portion of the amount earlier than it is due. Early payments will not, unless agreed to by ▇▇▇▇▇▇ in writing, relieve ▇▇▇▇▇▇▇▇ of ▇▇▇▇▇▇▇▇’s obligation to continue to make payments of accrued unpaid interest. Rather, early payment will reduce the principal balance due. ▇▇▇▇▇▇▇▇ agrees not to send Lender payments marked “paid in full”, “without recourse”, or similar language. If Borrower sends such a payment, ▇▇▇▇▇▇ may accept it without losing any of ▇▇▇▇▇▇’s rights under this Note, and Borrower will remain obligated to pay any further amount owed to Lender. All written communications concerning disputed amounts, including any check or other payment instrument that indicates that the payment constitutes “payment in full” of the amount owed or that is tendered with other conditions or limitations or as full satisfaction of a disputed amount must be mailed or delivered to: Minnesota Bank & Trust, ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇.

Minimum Interest Charge. In any event, even upon full prepayment of this Note, ▇▇▇▇▇▇▇▇ understands that Lender is entitled to a minimum interest charge of $10.00. Other than Borrower’s obligations to pay any minimum interest charge, Borrower may pay without penalty all or a portion of the amount earlier than it is due. Early payments will not, unless agreed to by ▇▇▇▇▇▇ in writing, relieve ▇▇▇▇▇▇▇▇ of ▇▇▇▇▇▇▇▇’s obligation to continue to make payments of accrued unpaid interest. Rather, early payment will reduce the principal balance due. ▇▇▇▇▇▇▇▇ agrees not to send Lender payments marked “paid in full”, “without recourse”, or similar language. If Borrower sends such a payment, ▇▇▇▇▇▇ may accept it without losing any of ▇▇▇▇▇▇’s rights under this Note, and Borrower will remain obligated to pay any further amount owed to Lender. All written communications concerning disputed amounts, including any check or other payment instrument that indicates that the payment constitutes “payment in full” of the amount owed or that is tendered with other conditions or limitations or as full satisfaction of a disputed amount must be mailed or delivered to: Minnesota Bank & Trust, ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇.

Minimum Interest Charge. In any event, even upon full prepayment of this Note, ▇▇▇▇▇▇▇▇ Borrower understands that Lender is entitled to a minimum interest charge of $10.0015.00. Other than Borrower’s obligations to pay any minimum interest charge, Borrower may pay without penalty all or a portion of the amount earlier than it is due. Early payments will not, unless agreed to by ▇▇▇▇▇▇ in writing, relieve ▇▇▇▇▇▇▇▇ of ▇▇▇▇▇▇▇▇’s obligation to continue to make payments of accrued unpaid interest. Rather, early payment will reduce the principal balance due. ▇▇▇▇▇▇▇▇ agrees not to send Lender payments marked “paid in full”, “without recourse”, or similar language. If Borrower sends such a payment, ▇▇▇▇▇▇ may accept it without losing any of ▇▇▇▇▇▇’s rights under this Note, and Borrower will remain obligated to pay any further amount owed to Lender. All written communications concerning disputed amounts, including any check or other payment instrument that indicates that the payment constitutes “payment in full” of the amount owed or that is tendered with other conditions or limitations or as full satisfaction of a disputed amount must be mailed or delivered to: Minnesota Bank & Trust, ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇.

Minimum Interest Charge. In any event, even upon full prepayment of this Note, ▇B▇▇▇▇▇▇▇ understands that Lender is entitled to a minimum interest charge of $10.00. Other than Borrower’s obligations to pay any minimum interest charge, Borrower may pay without penalty all or a portion of the amount earlier than it is due. Early payments will not, unless agreed to by ▇L▇▇▇▇▇ in writing, relieve ▇B▇▇▇▇▇▇▇ of ▇B▇▇▇▇▇▇▇’s obligation to continue to make payments of accrued unpaid interest. Rather, early payment will reduce the principal balance due. ▇B▇▇▇▇▇▇▇ agrees not to send Lender payments marked “paid in full”, “without recourse”, or similar language. If Borrower sends such a payment, ▇L▇▇▇▇▇ may accept it without losing any of ▇L▇▇▇▇▇’s rights under this Note, and Borrower will remain obligated to pay any further amount owed to Lender. All written communications concerning disputed amounts, including any check or other payment instrument that indicates that the payment constitutes “payment in full” of the amount owed or that is tendered with other conditions or limitations or as full satisfaction of a disputed amount must be mailed or delivered to: Minnesota Bank & Trust, ▇7▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇, ▇▇ ▇▇▇▇▇.

Minimum Interest Charge. In any event, even upon full prepayment of this Note, ▇▇Maker understands that ▇▇▇▇▇▇ understands that Lender is entitled to a minimum interest charge of $10.00. Other than BorrowerMaker’s obligations to pay any minimum interest charge, Borrower Maker may pay without penalty all or a portion of the amount earlier than it is due. Early payments will not, unless agreed to by ▇▇▇▇▇▇ in writing, relieve ▇▇▇▇▇▇▇▇ Maker of ▇▇▇▇▇▇▇▇Maker’s obligation to continue to make payments of accrued unpaid interest. Rather, early payment will reduce the principal balance due. ▇▇▇▇▇▇▇▇ agrees not to send Lender payments marked “paid in full”, “without recourse”, or similar language. If Borrower Maker sends such a payment, ▇▇▇▇▇▇ may accept it without losing any of ▇▇▇▇▇▇’s rights under this Note, and Borrower Maker will remain obligated to pay any further amount owed to Lender. All written communications concerning disputed amounts, including any check or other payment instrument that indicates that the payment constitutes “payment in full” of the amount owed or that is tendered with other conditions or limitations or as full satisfaction of a disputed amount must be mailed or delivered to: Minnesota Bank & Trust, ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇.

Minimum Interest Charge. In any event, even upon full prepayment of this Note, ▇▇Borrowers understand that ▇▇▇▇▇▇ understands that Lender is entitled to a minimum interest charge of $10.00. Other than Borrower’s Borrowers’ joint and several obligations to pay any minimum interest charge, Borrower Borrowers may pay without penalty all or a portion of the amount earlier than it is due. Early payments will not, unless agreed to by ▇▇▇▇▇▇ in writing, relieve ▇▇▇▇▇▇▇▇ Borrowers of ▇▇▇▇▇▇▇▇’s Borrowers’ obligation to continue to make payments of accrued unpaid interest. Rather, early payment will reduce the principal balance due. ▇▇▇▇▇▇▇▇▇ agrees not to send Lender payments marked “paid in full”, “without recourse”, or similar language. If Borrower sends Borrowers send such a payment, ▇▇▇▇▇▇ Lender may accept it without losing any of ▇▇▇▇▇▇’s rights under this Note, and Borrower Borrowers will remain jointly and severally obligated to pay any further amount owed to Lender. All written communications concerning disputed amounts, including any check or other payment instrument that indicates that the payment constitutes “payment in full” of the amount owed or that is tendered with other conditions or limitations or as full satisfaction of a disputed amount must be mailed or delivered to: Minnesota Bank & Trust, ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇.

Minimum Interest Charge. In any event, even upon full prepayment of this Note, ▇▇▇▇▇▇▇▇ Borrower understands that Lender is entitled to a minimum interest charge of $10.0015.00. Other than Borrower’s obligations to pay any minimum interest charge, Borrower may pay without penalty all or a portion of the amount earlier than it is due. Early payments will not, unless agreed to by ▇▇▇▇▇▇ in writing, relieve ▇▇▇▇▇▇▇▇ of ▇▇▇▇▇▇▇▇’s obligation to continue to make payments of accrued unpaid interest. Rather, early payment will reduce the principal balance due. ▇▇▇▇▇▇▇▇ agrees not to send Lender payments marked “paid in full”, “without recourse”, or similar language. If Borrower sends such a payment, ▇▇▇▇▇▇ may accept it without losing any of ▇▇▇▇▇▇’s rights under this Note, and Borrower will remain obligated to pay any further amount owed to Lender. All written communications concerning disputed amounts, including any check or other payment instrument that indicates that the payment constitutes “payment in full” of the amount owed or that is tendered with other conditions or limitations limitations, or as full satisfaction of a disputed amount must be mailed or delivered to: Minnesota Bank & Trust, ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇.

Minimum Interest Charge. In any event, even upon full prepayment of this Note, ▇▇▇▇▇▇▇▇ Borrower understands that Lender is entitled to a minimum interest charge of $10.0015.00. Other than Borrower’s obligations to pay any minimum interest charge, Borrower may pay without penalty all or a portion of the amount earlier than it is due. Early payments will not, unless agreed to by ▇▇▇▇▇▇ in writing, relieve ▇▇▇▇▇▇▇▇ of ▇▇▇▇▇▇▇▇’s obligation to continue to make payments of accrued unpaid interest. Rather, early payment will reduce the principal balance due. ▇▇▇▇▇▇▇▇ agrees not to send Lender payments marked “paid in full”, “without recourse”, or similar language. If Borrower sends such a payment, ▇▇▇▇▇▇ may accept it without losing any of ▇▇▇▇▇▇’s rights under this Note, and Borrower will remain obligated to pay any further amount owed to Lender. All written communications concerning disputed amounts, including any check or other payment instrument that indicates that the payment constitutes “payment in full” of the amount owed or that is tendered with other conditions or limitations limitations, or as full satisfaction of a disputed amount must be mailed or delivered to: UMB Bank, N.A., d/b/a Minnesota Bank & Trust, ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇.