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Common use of Prepayment Right Clause in Contracts

Prepayment Right. The Owner shall have the right to prepay the whole or any part of the unpaid balance of the amount due under this Agreement without penalty.

Appears in 3 contracts

Sources: Sewer Improvement Charge Installment Payment and Voluntary Annexation Agreement, Installment Payment and Voluntary Annexation Agreement, Installment Payment and Voluntary Annexation Agreement

Related Clauses

  • Prepayment of Loan
  • Notice of Optional Prepayment
  • Prepayment Fees
  • Prepayment
  • Prepayment Premium

Parent Clauses

  • Purchase and Sale of the Note and the Warrant
  • Method of Repayment
  • Purchase and Sale of the Notes and the Warrants
  • Plan and Option Agreement
  • Purchase and Sale of the Note and the Warrants

Sub-Clauses

  • Tax Prepayment
  • Warrants
  • Voluntary Prepayment
  • Outstanding Interest
  • Payments to Be Free and Clear
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