Availability of Bankers' Acceptances. If at any time and from time to time the Agent determines, acting reasonably, that there no longer exists a market for Bankers' Acceptances for the term requested by the Borrower, or at all, the Agent shall so advise the Borrower, and in such event the BA Lenders shall not be obliged to accept and the Borrower shall not be entitled to issue Bankers' Acceptances.
Appears in 12 contracts
Samples: Credit Agreement (Aurora Cannabis Inc), Credit Agreement (Tilray Brands, Inc.), Credit Agreement (Aurora Cannabis Inc)
Availability of Bankers' Acceptances. If at any time and from time to time the Agent determines, acting reasonably, determines that there no longer exists a market for Bankers' Acceptances for the term requested by the Borrower, or at all, the Agent shall so advise the Borrower, and in such event the BA Lenders shall not be obliged to accept and the Borrower shall not be entitled to issue Bankers' Acceptances.
Appears in 6 contracts
Samples: Credit Agreement (Village Farms International, Inc.), Credit Agreement (Village Farms International, Inc.), Credit Agreement (Organigram Holdings Inc.)
Availability of Bankers' Acceptances. If at any time and from time to time the Agent determines, acting reasonably, that there no longer exists a market for Bankers' ’ Acceptances for the term requested by the Borrower, or at all, the Administrative Agent shall so advise the Borrower, and in such event the BA Lenders shall not be obliged to accept and the Borrower shall not be entitled to issue Bankers' ’ Acceptances.
Appears in 2 contracts
Samples: Credit Agreement (Biovail Corp International), Credit Agreement (Biovail Corp International)
Availability of Bankers' Acceptances. If at any time and from time to time the Agent determines, acting reasonably, determines that there no longer exists a market for Bankers' ’ Acceptances for the term requested by the Borrower, or at all, the Agent shall so advise the Borrower, and in such event the BA Lenders shall not be obliged to accept and the Borrower shall not be entitled to issue Bankers' ’ Acceptances.
Appears in 1 contract
Samples: Third Amended and Restated Credit Agreement (Village Farms International, Inc.)
Availability of Bankers' Acceptances. (b) If at any time and from time to time the Agent determines, acting reasonably, that there no longer exists a market for Bankers' Acceptances for the term requested by the Borrower, or at all, the Agent shall so advise the Borrower, and in such event the BA Lenders shall not be obliged to accept and the Borrower shall not be entitled to issue Bankers' Acceptances.
Appears in 1 contract
Samples: Loan Agreement (Aphria Inc.)
Availability of Bankers' Acceptances. If at any time and from time to time the Administrative Agent determines, acting reasonably, that there no longer exists a market for Bankers' Acceptances for the term requested by the Borrower, or at all, the Administrative Agent shall so advise the Borrower, and in such event the BA Lenders shall not be obliged to accept and the Borrower shall not be entitled to issue Bankers' Acceptances.
Appears in 1 contract
Samples: Credit Agreement
