AZREB.com | Real Estate Clauses

Prepayments.

The Borrower may, upon at least ten (10) Business Days’ notice to the Lender in the case of a Prime Loan, at least ten (10) Business Days’ notice to Lender in the case of Qualified Rate Loans, and at least ten (10) Business Days’ notice to the Lender in the case of Tax Exempt Loans, prepay the Loans in whole or in part with accrued interest to the date of such prepayment on the amount prepaid, provided that each partial prepayment shall be in a principal amount of not less than DOLLARS (U.S. $ ).

TERMS OF USE AND DISCLAIMER

The information presented on this website is for informational purposes only as an aid to independent research and preparation of materials when formulating contracts and does not constitute legal advice. The information contained herein should not be relied upon or used as a substitute for consultation with legal, accounting, tax, career or other professional advisors or services.

The user of this website should also recognize that there are variances of local, state and federal laws, case law (court decisions) and regulations that constantly change that could impact your situation.

AZREB.com and its sponsors and contributors provides its contents on an "as is" basis and makes no representations or warranties of any kind with respect to this website or its contents. AZREB.com disclaims all such representations and warranties, whether express or implied, including, but not limited to, the warranties of merchantability and fitness for a particular purpose. In addition, AZREB.com does not represent or warrant that the information accessible via this website is accurate, complete or current.