Common use of Notices of Prepayment Clause in Contracts

Notices of Prepayment. Any notice of prepayment, authorisation or other election given by any Party shall be irrevocable and, unless a contrary indication appears in this Agreement, shall specify the date or dates upon which the relevant prepayment is to be made and the amount of that prepayment.

Appears in 3 contracts

Sources: Senior Secured Term Loan Facility Agreement (Flex LNG Ltd.), Senior Secured Term Loan Facility Agreement (Flex LNG Ltd.), Term Loan Facility Agreement (KNOT Offshore Partners LP)