Common use of Bankers’ Acceptances and BA Equivalent Notes in Blank Clause in Contracts

Bankers’ Acceptances and BA Equivalent Notes in Blank. To facilitate the acceptance of Bankers’ Acceptances and the issuance of BA Equivalent Notes under this Agreement, the Canadian Borrowers shall, from time to time as required, provide to the Canadian Administrative Agent Drafts and BA Equivalent Notes duly executed and endorsed in blank by the Canadian Borrowers in quantities sufficient for each Canadian Lender to fulfill its obligations hereunder. In addition, each Canadian Borrower hereby appoints each Canadian Lender as its attorney, with respect to Bankers’ Acceptances and BA Equivalent Notes for which such Canadian Borrower has provided a Bankers’ Acceptance or BA Equivalent Loan notice:

Appears in 2 contracts

Samples: Credit Agreement (Iron Mountain Inc), Credit Agreement (Iron Mountain Inc)

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Bankers’ Acceptances and BA Equivalent Notes in Blank. To facilitate the acceptance of Bankers’ Acceptances and the issuance of BA Equivalent Notes under this Agreement, the Canadian Borrowers Borrower shall, from time to time as required, provide to the Canadian Administrative Agent Drafts and BA Equivalent Notes duly executed and endorsed in blank by the Canadian Borrowers Borrower in quantities sufficient for each Canadian Lender to fulfill its obligations hereunder. In addition, each the Canadian Borrower hereby appoints each Canadian Lender as its attorney, with respect to Bankers’ Acceptances and BA Equivalent Notes for which such the Canadian Borrower has provided a Bankers’ Acceptance or BA Equivalent Loan notice:

Appears in 2 contracts

Samples: Credit Agreement (Iron Mountain Inc), Credit Agreement (Iron Mountain Inc)

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