Prepayment Adjustments. Sections 8. (a) and (b) of the Note are hereby revised to allow for prepayment of the Note, which would not be subject to any Reinvestment Charge (as defined in the original Loan Agreement); accordingly said sections are amended and restated in their entirety to read as follows: (a) Borrower may prepay this Note in whole or in part at any time, subject to subsection 8(c) below. (b) Any prepayment so made shall not be subject to any reinvestment charge or other prepayment premium.
Appears in 1 contract
Sources: Loan Modification Agreement (Stratus Properties Inc)
Prepayment Adjustments. Sections 8. (a) and (b) of the Note are hereby revised to allow for prepayment of the Note, which would not be subject to any Reinvestment Charge (as defined in the original Loan Agreement); accordingly said sections are amended and restated in their entirety to read as follows:
(a) Borrower may prepay this Note in whole or in part at any timetime (and shall be obligated to pay a portion of this Note in accordance with subsection 5.(a) above), subject to subsection 8(c8.(c) below.
(b) Any prepayment so made shall not be subject to any reinvestment charge or other prepayment premium.
Appears in 1 contract
Sources: Loan Modification Agreement (Stratus Properties Inc)