Common use of Deferral Option Clause in Contracts

Deferral Option. The Borrowers may elect to defer the repayment of up to one third of any six repayment instalments falling due after the Repayment Date in relation to the thirteenth repayment instalment subject to the following terms and conditions:

Deferral Option. The Borrowers Borrower may elect to defer the repayment of up to one third of any six three repayment instalments falling due after the Repayment Date in relation to the thirteenth seventh repayment instalment subject to the following terms and conditions:

Deferral Option. The Borrowers may elect to defer the repayment of up to one third of any six three repayment instalments falling due after the Repayment Date in relation to the thirteenth seventh repayment instalment subject to the following terms and conditions: