At the option of Sample Clauses

At the option of the Borrower, Credit 2 may be used by the Borrower incurring overdrafts in its accounts with RBC, which shall be deemed to be Prime Rate Advances in the case of Canadian Dollar overdrafts and Base Rate Advances in the case of US Dollar overdrafts, by presenting orders to RBC for acceptance as Bankers' Acceptances, by requesting that LIBOR Advances be made by RBC or by requesting that L/Cs denominated in Canadian Dollars, US Dollars, Euros or Japanese yen be issued by RBC.
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At the option of the Generator, a Milestone RequirementsRequirement Notice pursuant to Condition 4.1 may be given by a Parent Entity on behalf of each of the Generator[,]/[and] Project Company 2 [and Project Company 3], in which case the Directors’ Certificate under Condition 4.2 shall be given on behalf of that Parent Entity.

Related to At the option of

  • Redemption at the Option of the Company Unless a Redemption Right is specified on the face hereof, this Security shall not be redeemable at the option of the Company before the Maturity Date specified on the face hereof. If a Redemption Right is so specified, this Security may be redeemed at the option of the Company on any Business Day on and after the date, if any, specified on the face hereof (each, a "Redemption Date"). This Security may be redeemed on any Redemption Date in whole or in part in increments of $1,000 (an "Authorized Denomination") at the option of the Company at a redemption price equal to 100% of the principal amount to be redeemed, together with accrued interest to the Redemption Date, on written notice given not more than 60 days nor less than 5 days prior to the proposed Redemption Date. In the event of redemption of this Security in part only, a new Security for the unredeemed portion hereof shall be issued in the name of the Holder hereof upon the surrender hereof.

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