Common use of Acceptance and Purchase of Bankers’ Acceptances Clause in Contracts

Acceptance and Purchase of Bankers’ Acceptances. Subject to the terms and conditions of this Agreement, each Lender agrees to either (i) accept Bankers’ Acceptances issued by the Borrower and requested pursuant to Section 3.3, 3.8 or 3.9 and purchase such Bankers’ Acceptances in accordance with Section 12.8; or, (ii) if such Lender is a Non-Acceptance Lender, make BA Equivalent Loans in accordance with Sections 3.5(f) and 12.8.

Acceptance and Purchase of Bankers’ Acceptances. Subject to the terms and conditions of this Agreement, each Lender agrees to either (i) accept Bankers’ ' Acceptances issued by the Borrower and requested pursuant to Section 3.3, 3.8 or 3.9 and purchase such Bankers’ ' Acceptances in accordance with Section 12.8; or, (ii) if such Lender is a Non-Acceptance Lender, make BA Equivalent Loans in accordance with Sections 3.5(f) and 12.8.