Common use of Acceptance of Offers Clause in Contracts

Acceptance of Offers. 11.1 NOTIFICATION BY AHOLD USA OF ACCEPTANCES Ahold USA shall, no later than 1.30 p.m. (New York Time) on the third business day (or, in the case of Short-Term Advances the interest rate relating to which is to be determined by reference to the Absolute Basis, 11.30 a.m. (New York Time) on the business day) prior to the Utilisation Date relating to such Short-Term Advances, notify the Short-Term Advances Agent by telex or telephone whether or not it wishes to accept, in whole or in part, the offers made in response to the relevant Utilisation Request and, if so, the aggregate amount of the Short-Term Advances the offers in respect of which it wishes to accept, which shall be:

Acceptance of Offers. 11.1 NOTIFICATION BY AHOLD Notification by Ahold USA OF ACCEPTANCES of Acceptances Ahold USA shall, no later than 1.30 p.m. (New York Time) on the third business day (or, in the case of Short-Short- Term Advances the interest rate relating to which is to be determined by reference to the Absolute Basis, 11.30 a.m. (New York Time) on the business day) prior to the Utilisation Date relating to such Short-Term Advances, notify the Short-Term Advances Agent by telex or telephone whether or not it wishes to accept, in whole or in part, the offers made in response to the relevant Utilisation Request and, if so, the aggregate amount of the Short-Term Advances the offers in respect of which it wishes to accept, which shall be: