Common use of Payment and Prepayment Clause in Contracts

Payment and Prepayment. All payments and prepayments of the ---------------------- Principal Amount and interest on this Note shall be made to the Lender in lawful money of the United States of America at the principal offices of the Lender. Any prepayments of any portion of the Principal Amount shall be accompanied by payment of all interest accrued but unpaid on the Principal Amount being prepaid.

Appears in 2 contracts

Sources: Partially Non Recourse Secured Promissory Note (MCG Capital Corp), Promissory Note (MCG Capital Corp)

Payment and Prepayment. All payments and prepayments of the principal ---------------------- Principal Amount of and interest on this Note shall be made to the Lender in lawful money of the United States of America at the principal offices of the Lender. The Borrower may, at the Borrower's option, prepay this Note in whole or in part at any time or from time to time without penalty or premium. Any prepayments of any portion of the Principal Amount principal amount of this Note shall be accompanied by payment of all interest accrued but unpaid on the Principal Amount principal amount being prepaid.

Appears in 1 contract

Sources: Non Recourse Secured Promissory Note (MCG Capital Corp)

Payment and Prepayment. All payments and prepayments of the ---------------------- ------------------------ Principal Amount and interest on this Note shall be made to the Lender in lawful money of the United States of America at the principal offices of the Lender. Any prepayments of any portion of the Principal Amount shall be accompanied by payment of all interest accrued but unpaid on the Principal Amount being prepaid.

Appears in 1 contract

Sources: Partially Non Recourse Secured Promissory Note (MCG Capital Corp)

Payment and Prepayment. All payments and prepayments of ----------------------- the ---------------------- Principal Amount and interest on this Note shall be made to the Lender in lawful money of the United States of America at the principal offices of the Lender. Any prepayments of any portion of the Principal Amount shall be accompanied by payment of all interest accrued but unpaid on the Principal Amount being prepaid.the

Appears in 1 contract

Sources: Promissory Note (MCG Capital Corp)