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Common use of No Prepayment Clause in Contracts

No Prepayment. Seller has not received any prepayment of Rent under the Lease.

Appears in 14 contracts

Sources: Purchase Agreement (PLM Equipment Growth Fund Vi), Purchase Agreement (PLM Equipment Growth & Income Fund Vii), Purchase Agreement (PLM Equipment Growth & Income Fund Vii)

Related Clauses

  • Optional Prepayment
  • Optional Prepayment of Loans
  • Optional Prepayments
  • Term Loan Prepayments
  • Prepayment

Parent Clauses

  • Miscellaneous
  • Extension of Term Loans Extension of Revolving Credit Loans
  • Counterparts
  • Representations, Warranties and Covenants of Seller
  • The Commitments and Credit Extensions

Sub-Clauses

  • Taxes
  • Payment of interest from the Termination Date
  • No notice and unavailability
  • Separate Interest Periods for Instalments
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