Common use of Prepayment of Principal Clause in Contracts

Prepayment of Principal. Borrower shall have the right to prepay the Loan, in whole or in part, at any time, without premium or penalty.

Appears in 2 contracts

Sources: Loan Agreement (Sage Resources Inc), Loan Agreement (Sage Resources Inc)

Prepayment of Principal. Borrower shall have the right to ----------------------- prepay the Loan, in whole or in part, at any time and from time to time, without premium or penalty.

Appears in 1 contract

Sources: Credit Agreement (Windsor Park Properties 5)