Acceptances Sample Clauses

Acceptances. Subject to the terms and conditions hereof, the Borrower may borrow from the Lenders on any Business Day up to the amount of each applicable Credit Facility of each Lender by way of Acceptances upon giving to the Administrative Agent prior written notice in accordance with Section 3.7 by means of a Notice of Borrowing, and provided that: 7.1.1 each Bankers' Acceptance is denominated in CDollars and the minimum aggregate amount of each Borrowing by way of Bankers' Acceptances shall be C$1,000,000 or in integral multiples of C$1,000 in excess of such minimum amount; 7.1.2 each Lender shall have received a Bankers' Acceptance or Bankers' Acceptances in the principal amount of such Lender's Participation of such Borrowing in due and proper form duly completed and executed by the Borrower, or each Lender on behalf of the Borrower pursuant to the provisions of Section 7.5, and presented for acceptance to such Lender prior to 10:00 a.m. (Toronto time) on the Drawdown Date and the Acceptance Fee shall have been paid to the Administrative Agent, for the account of such Lender, at or prior to such time; 7.1.3 each Bankers' Acceptance shall be for periods to mature on a Business Day no later than the Relevant Maturity Date of one month, two months or three months (plus or minus up to two (2) days) from the date of its Acceptance, the whole subject to market availability; 7.1.4 no days of grace shall be permitted on any Bankers' Acceptance; and 7.1.5 the aggregate face amount of the Bankers' Acceptances to be accepted by a Lender shall be determined by the Administrative Agent by reference to such Lender's Commitment, except that, if the face amount of a Bankers' Acceptance which would otherwise be accepted by a Lender pursuant to a Borrowing would not for any reason be a whole multiple of C$1,000, such face amount shall be increased or reduced by the Administrative Agent in its sole discretion to the nearest whole multiple of C$1,000, as appropriate.

Acceptances. The Schedules form part of this contract and shall have effect as if set out in full in the body of this agreement. Any reference to this contract includes the Schedules.

Acceptances. The above terms and conditions are considered to be fair and reasonable. In the event of any term found by a Court of Law to be unreasonable then the clause shall be removed but the agreement shall remain in full force and effect.

Acceptances. No acceptances other than an acceptance of a Draft by a Lender hereunder have been or shall be outstanding with respect to the goods covered by or relating to such Draft.

Acceptances. Subject to the terms and conditions set forth in this Agreement, each Issuing Bank hereby severally agrees to extend credit to the Borrowers, during the period from the Closing Date to the Acceptance Termination Date, by creating acceptances ("Acceptances") for the account of the Borrowers from time to time up to an aggregate amount at any one time outstanding for all Borrowers equal to $10,000,000, subject to the following provisions:

Acceptances. The undersigned representative of Client has the authority to enter into this Agreement on behalf of Client. Client agrees to cooperate and to provide Contractor with everything needed to complete the Services as, when and in the format requested by Contractor. Contractor has the experience and ability to do everything Contractor agreed to for Client and will do it all in a professional and timely manner. Contractor will endeavor to meet every deadline that’s set and to meet the expectation for Services to the best of its abilities.

Acceptances. Require the Borrower to pay immediately to the Bank, for application against outstanding Acceptances, the outstanding principal amount of any such Acceptances which have not matured. Any portion of the amount so paid to the Bank which is not applied to repayments on any such matured Acceptances or any other obligations of the Borrower to the Bank shall be repaid to the Borrower.

Acceptances. In lieu of a Fronting Bank honoring its Disbursement obligation under a Letter of Credit issued by that Fronting Bank, the U.S. Borrower, the Warnaco Sub Borrowers and the Sub Borrower hereby irrevocably authorize and direct each Fronting Bank to create Acceptances upon the presentation of drafts to such Fronting Bank for acceptance by such Fronting Bank as Acceptances pursuant to this Agreement, provided that such Acceptances shall, in the opinion of such Fronting Bank, be properly executed and drawn by the U.S. Borrower, any Warnaco Sub Borrower or the Sub Borrower, as applicable (each such party referred to as a "Drawer"). To facilitate the acceptance of Acceptances drawn by the U.S. Borrower, the Warnaco Sub Borrowers or the Sub Borrower, each of the U.S. Borrower, the Warnaco Sub Borrowers and the Sub Borrower shall from time to time as required by either Fronting Bank provide to such Fronting Bank an appropriate number of executed drafts drawn in blank by such Borrower in the form prescribed by such Fronting Bank. The U.S. Borrower, the Warnaco Sub Borrowers or the Sub Borrower may, at their option, execute any draft so presented by the facsimile signature or signatures of any one or more designated signing officers of such Borrower. In any event, each Fronting Bank is hereby authorized to accept or pay, as the case may be, any draft of a Drawer which purports to bear its facsimile signature or signatures notwithstanding that any such individual has ceased to be a designated signing officer of such Drawer and any such draft or Acceptance shall be as valid as if such individual were a designated signing officer of such Drawer at the date of issue of such Acceptance. Each draft or Acceptance not originally executed by a Drawer (but instead executed by facsimile, stamp or otherwise) may be dealt with by a Fronting Bank for all intents and purposes and shall bind each Borrower as if duly originally executed by the applicable Drawer's authorized officer (or other person with authority to bind such Drawer) and issued by such Borrower. Without limiting the effect of the indemnity provided under Section 11.4 but in addition to such provision, each of the U.S. Borrower, the Sub Borrower and each Warnaco Sub Borrower will and hereby does undertake to hold each Fronting Bank harmless against, and to indemnify, and each such Borrower hereby does agree to indemnify, each Fronting Bank from, all losses, costs, damages and expenses arising out of the payment or neg...

Acceptances. This line of credit up to a maximum face value outstanding of Fifteen Million and 00/100 Dollars ($15,000,000.00) may be used for financing acceptance transactions for a maximum tenor of one hundred eighty (180) days but not to extend beyond the Facility No. 1

Acceptances. By submitting an Application form – The Applicant