Common use of Payment of Outstanding Element Clause in Contracts

Payment of Outstanding Element. If the Authority has elected to pay in accordance with paragraph 3.2 it may (on twenty (20) Business Days’ prior written notice to the Contractor) elect to pay the outstanding part of the Adjusted Estimated Fair Value of the Contract in full on any Instalment Date.

Payment of Outstanding Element. If the Authority has elected to pay in accordance with paragraph 3.2 4.2 it may (on twenty (20) Business Days’ prior written notice to the Contractor) elect to pay the outstanding part of the Adjusted Estimated Fair Value of the Contract or the Base Senior Debt Termination Amount or the Revised Senior Debt Termination Amount (as relevant) element of the Termination Sum in full on any Instalment Date.

Payment of Outstanding Element. If the Authority has elected to pay in accordance with paragraph 3.2 clause 42.2 (Instalments) it may (on twenty (20) Business Working Days’ prior to written notice to the Contractor) elect to pay the any outstanding part element of the Adjusted Estimated Fair Value of the Contract Base or the Senior Debt Termination Amount or the Revised Senior Debt Termination Amount (as relevant) in full on any Instalment Date.

Payment of Outstanding Element. If the Authority has elected to pay in accordance with paragraph 3.2 clause 49.2 (Instalments) it may (on twenty (20) Business Days’ prior written notice to the Contractor) elect to pay the outstanding part of the Adjusted Estimated Fair Value of the Contract or the Base Senior Debt Termination Amount or the Revised Senior Debt Termination Amount (as relevant) in full on any Instalment Date.