In the event the Defen-ed Payment Note Holder elects to receive the Settlement Price in Thai Baht, the Deferred Payment Note Holder shall so advise the Borrower in writing at least five. (5) business days in advance of the Closing.
The parties agree that for the purposes of any conversion from Japanese Yen to Thai Baht, the Borrower shall use the exchange rate equal to the average counter bank rate, as averaged from commercial banks by the Bank of Thailand, two (2) business days immediately prior to the Closing.