Common use of Acceptance Notes Clause in Contracts

Acceptance Notes. (i) It is understood that from time to time certain Canadian Lenders may not be authorized to or may, as a matter of general corporate policy, elect not to accept Bankers’ Acceptances (each, an “Acceptance Note Lender”); accordingly, any Acceptance Note Lender may instead purchase Acceptance Notes of the Canadian Borrower in accordance with the provisions of Section 3.02(b) in lieu of accepting and purchasing Bankers’ Acceptances for its account.

Acceptance Notes. (i) It is understood that from time to time certain Canadian Lenders may not be authorized to or may, as a matter of general corporate policy, elect not to accept Bankers’ Acceptances (each, an “Acceptance Note Lender”); accordingly, any Acceptance Note Lender may instead purchase Acceptance Notes of the Canadian Borrower in accordance with the provisions of Section 3.02(b2.03(b) in lieu of accepting and purchasing Bankers’ Acceptances for its account.

Acceptance Notes. (i) It is understood that from time to time certain Canadian Lenders may not be authorized to or may, as a matter of general corporate policy, elect not to accept Bankers’ Acceptances (each, an “Acceptance Note Lender”); accordingly, any Acceptance Note Lender may instead purchase Acceptance Notes of the Canadian Borrower Borrowers in accordance with the provisions of this Section 3.02(b1.3(d) in lieu of accepting and purchasing Bankers’ Acceptances for its account.

Acceptance Notes. (i) It is understood that from time to time certain Canadian Lenders may not be authorized to or may, as a matter of general corporate policy, elect not to accept Bankers’ Acceptances (each, an “Acceptance Note Lender”); accordingly, any Acceptance Note Lender may instead purchase Acceptance Notes of the a Canadian Borrower in accordance with the provisions of Section 3.02(b2.03(b) in lieu of accepting and purchasing Bankers’ Acceptances for its account.