Common use of Prepayment Privilege Clause in Contracts

Prepayment Privilege. The Payor shall have the right to prepay the Payment Amount in full satisfaction of this Note in whole but not in part, at any time with no prepayment penalty whatsoever.

Appears in 2 contracts

Sources: Promissory Note (Contemporary Signed Books, Inc.), Promissory Note (Contemporary Signed Books, Inc.)