Prepayment Clause Example from Business Contracts

This example Prepayment clause appears in 5 contracts from 2 companies

Prepayment. The Company may prepay this Note in whole or in part; provided that any such prepayment will be applied first to the payment of expenses due under this Note, second to interest accrued on this Note and third, if the amount of prepayment exceeds the amount of all such expenses and accrued interest, to the payment of principal of this Note.
Found in Probility Media Corp contract
Probility Media Corp Contracts

BROWN TECHNICAL MEDIA CORP. PROMISSORY NOTE (Filed With SEC on January 23, 2017)

BROWN TECHNICAL MEDIA CORP. PROMISSORY NOTE (Filed With SEC on January 27, 2017)

RiceBran Technologies Contracts

Form of Amended and Restated Promissory Note (Filed With SEC on December 11, 2013)

Secured Promissory Note with Greg Vislocky dated as of November 13, 2013 (Filed With SEC on December 11, 2013)

Secured Promissory Note with Greg Vislocky dated as of November 27, 2013 (Filed With SEC on December 11, 2013)