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.
Appears in 3 contracts
Samples: First Amending Agreement (Ovintiv Inc.), Credit Agreement (Ovintiv Inc.), Credit Agreement (Encana Corp)
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.
Appears in 1 contract
Samples: Credit Agreement (Ovintiv Inc.)
