Bankers' Acceptances in Blank. Each drawing of Bankers’ Acceptances shall be made by Notice of Borrowing given by the Borrower to the Agent as provided in Section 3.9(1). Each such notice shall be substantially in the form of Schedule 3.9 and shall be irrevocable and binding on the Borrower. By no later than 11:00 a.m. (Toronto time) on the Drawdown Date, Rollover Date or Conversion Date, as the case may be, each Lender shall complete one or more Bankers’ Acceptances in accordance with the Notice of Borrowing and either (i) accept the Bankers’ Acceptances and purchase the Bankers’ Acceptances so created for the Discount Proceeds, or
Appears in 2 contracts
Samples: Bridge and Term Loan Credit Agreement, Bridge and Term Loan Credit Agreement
