Common use of BA Equivalent Loans by Non BA Lenders Clause in Contracts

BA Equivalent Loans by Non BA Lenders. Whenever the Canadian Borrower or the U.S. Borrower requests a Canadian Revolving Loan under this Agreement by way of Bankers’ Acceptances, each Non-BA Lender shall, in lieu of accepting a Bankers’ Acceptance, make a BA Equivalent Loan in an amount equal to, in the case of a Canadian Revolving Loan, the Non-BA Lender’s Canadian Revolving Credit Percentage of the Canadian Revolving Loan.

BA Equivalent Loans by Non BA Lenders. Whenever the Canadian Borrower or the U.S. Borrower requests a Canadian Revolving Loan under this Agreement by way of Bankers’ Acceptances, each Non-BA Lender (or, at its option, any other Canadian Revolving Lender), shall, in lieu of accepting a Bankers’ Acceptance, make a BA Equivalent Loan in an amount equal to, in the case of a Canadian Revolving Loan, the to such Non-BA Lender’s Canadian Revolving Credit Pro Rata Percentage of the such Canadian Revolving Loan.

BA Equivalent Loans by Non BA Lenders. Whenever the Canadian Borrower (or the U.S. Administrative Borrower on behalf of Canadian Borrower) requests a Canadian Revolving Loan under this Agreement by way of Bankers’ Acceptances, each Non-BA Lender (or, at its option, any other Canadian Lender), shall, in lieu of accepting a Bankers’ Acceptance, make a BA Equivalent Loan in an amount equal to, in the case of a Canadian Revolving Loan, the to such Non-BA Lender’s Canadian Revolving Credit Pro Rata Percentage of the Canadian such Revolving Loan.

BA Equivalent Loans by Non BA Lenders. Whenever the Canadian Borrower or the U.S. either Borrower requests a Canadian Term Loan or a Revolving Credit Loan denominated in Canadian Dollars under this Agreement by way of Bankers’ Acceptances, each Non-Non BA Lender shall, in lieu of accepting a Bankers’ Acceptance, make a BA Equivalent Loan in an amount equal to, in to the case of a Canadian Revolving Loan, the Non-Non BA Lender’s Canadian Revolving Credit Percentage ratable portion of the Canadian Term Loan or the Revolving LoanCredit Loan denominated in Canadian Dollars.

BA Equivalent Loans by Non BA Lenders. Whenever the Canadian Borrower or the U.S. Borrower requests a Canadian Revolving Borrower Loan under this Agreement a given Canadian Borrower Facility by way of Bankers’ Acceptances, each applicable Non-BA Lender shall, in lieu of accepting a Bankers’ Acceptance, make a BA Equivalent Loan under such Canadian Borrower Facility in an amount equal to, in the case of a Canadian Revolving Loan, to the Non-BA Lender’s Dual Currency RCF Percentage or Canadian Revolving Credit Percentage Term Loan Percentage, as the case may be, of the such Canadian Revolving Borrower Loan.

BA Equivalent Loans by Non BA Lenders. Whenever the Canadian Borrower or the U.S. Borrower requests a Canadian Revolving Loan under this Agreement by way of Bankers’ Acceptances, each Non-Non BA Lender shall, in lieu of accepting a Bankers’ Acceptance, make a BA Equivalent Loan in an amount equal to, in to the case of a Canadian Revolving Loan, the Non-Non BA Lender’s Canadian Revolving Credit Percentage of the Canadian Revolving Loan.

BA Equivalent Loans by Non BA Lenders. Whenever the Canadian Borrower or the U.S. Borrower requests a Canadian Revolving Loan under this Agreement by way of Bankers’ ' Acceptances, each Non-BA Lender (or, at its option, any other Canadian Revolving Lender), shall, in lieu of accepting a Bankers’ ' Acceptance, make a BA Equivalent Loan in an amount equal to, in the case of a Canadian Revolving Loan, the to such Non-BA Lender’s 's Canadian Revolving Credit Pro Rata Percentage of the such Canadian Revolving Loan.

BA Equivalent Loans by Non BA Lenders. Whenever the Canadian Borrower or the U.S. Borrower requests a Canadian Revolving Loan under this Agreement by way of Bankers’ ' Acceptances, each Non-Non BA Lender shall, in lieu of accepting a Bankers’ ' Acceptance, make a BA Equivalent Loan in an amount equal to, in to the case of a Canadian Revolving Loan, the Non-Non BA Lender’s 's Canadian Revolving Credit Percentage of the Canadian Revolving Loan.