Common use of Prepayment elections Clause in Contracts

Prepayment elections. If Borrower elects (or is deemed to have elected) to prepay an amount in accordance with Section 4.06(a)(i) above, then Borrower may make such prepayment in one installment within 30 days after Borrower’s receipt of the Borrowing Base Deficiency Notice or in 6 equal consecutive monthly installments beginning within 30 days after Borrower’s receipt of the Borrowing Base Deficiency Notice and continuing on the same day of each month thereafter.

Prepayment elections. If Borrower elects (or is deemed to have elected) to prepay an amount in accordance with Section 4.06(a)(i2.9(f)(i)(A) above, then Borrower may make such prepayment in one installment within 30 thirty (30) days after Borrower’s receipt of the Borrowing Base Deficiency Notice or in 6 equal consecutive monthly installments beginning within 30 days after Borrower’s receipt of the Borrowing Base Deficiency Notice and continuing on the same day of each month thereafterNotice.

Prepayment elections. If Borrower elects Borrowers elect (or is deemed to have elected) to prepay an amount in accordance with Section 4.06(a)(i3.5(a)(i) above, then Borrower may Borrowers shall make such prepayment in one installment within 30 sixty (60) days after Borrower’s receipt by any Borrower of the Borrowing Base Deficiency Notice or in 6 equal consecutive monthly installments beginning within 30 days after Borrower’s receipt of the Borrowing Base Deficiency Notice and continuing on the same day of each month thereafterNotice.

Prepayment elections. If Borrower elects (or is deemed to have elected) to prepay an amount in accordance with Section 4.06(a)(iclause (f)(i)(A)(1) above, then Borrower may make such prepayment in one six equal consecutive monthly installments with the first monthly installment due and payable to the Administrative Agent within 30 forty-five (45) days after Borrower’s receipt notice of the Borrowing Base Deficiency Notice its election (or in 6 equal consecutive monthly installments beginning within 30 days after Borrower’s receipt date of the Borrowing Base Deficiency Notice deemed election) and continuing on the same day of each month thereafter.