Prepayment Option. The Maker herein shall have the privilege, at any time, and from time to time, of prepaying the outstanding Note herein, either in whole or in part, by prepayment of the principal amount of the Note, or portion thereof to be prepaid, and accrued interest thereon to the date of such prepayment, without charge or penalty.
Appears in 4 contracts
Sources: Nonrecourse Promissory Note and Stock Pledge Agreement (Sunbelt Automotive Group Inc), Nonrecourse Promissory Note and Stock Pledge Agreement (Sunbelt Automotive Group Inc), Nonrecourse Promissory Note and Stock Pledge Agreement (Sunbelt Automotive Group Inc)