Prepayment Clause Example with 4 Variations from Business Contracts

This page contains Prepayment clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Prepayment. Purchaser may, without premium or penalty, at any time and from time to time, prepay all or any portion of the then-outstanding principal balance of this Note, provided that each such prepayment is accompanied by accrued interest on the amount of the principal prepaid calculated to the date of such prepayment.

Variations of a "Prepayment" Clause from Business Contracts

Prepayment. Purchaser Payor may, without premium or penalty, at any time and from time to time, prepay all or any portion of the then-outstanding principal outstanding Principal balance of due under this Note, provided that each such prepayment is accompanied by accrued interest on the amount of the principal Principal prepaid calculated to the date of such prepayment. Any partial prepayments of Principal shall be applied against the Principal balance outstanding.
Prepayment. At any time on or after April 30, 2016, Purchaser may, without premium or penalty, at any time and from time to time, prepay all or any portion of the then-outstanding principal balance of this Note, provided that each such prepayment is accompanied by accrued interest on the amount of the principal prepaid calculated to the date of such prepayment.
Prepayment. Purchaser Maker may, without premium or penalty, at any time and from time to time, prepay all or any portion of the then-outstanding principal balance of outstanding Principal Amount due under this Note, provided that each such prepayment is accompanied by accrued but unpaid interest on the amount of the principal Principal Amount prepaid calculated to the date of such prepayment.
Prepayment. Purchaser Maker may, without premium or penalty, at any time and from time to time, prepay all or any portion of the then-outstanding outstanding principal balance of due under this Note, provided that each such prepayment is accompanied by accrued interest on the amount of the principal prepaid calculated to the date of such prepayment.