Common use of Bankers’ Acceptances Purchased by Canadian Lenders Clause in Contracts

Bankers’ Acceptances Purchased by Canadian Lenders. Each Canadian Lender shall purchase Bankers’ Acceptances accepted by it for an amount equal to the Discount Proceeds.

Appears in 3 contracts

Samples: Credit Agreement (Plains All American Pipeline Lp), Credit Agreement (Plains All American Pipeline Lp), Credit Agreement (Plains All American Pipeline Lp)

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Bankers’ Acceptances Purchased by Canadian Lenders. Each Where a Canadian Borrower so elects in the Canadian Committed Borrowing Notice, each Canadian Lender shall purchase Bankers’ Acceptances accepted by it for an amount equal to the Canadian Discount Proceeds.

Appears in 3 contracts

Samples: Credit Agreement (Devon Energy Corp/De), Credit Agreement (Devon Energy Corp/De), Credit Agreement (Burlington Resources Inc)

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Bankers’ Acceptances Purchased by Canadian Lenders. Each Canadian Lender shall purchase Bankers' Acceptances accepted by it for an amount equal to the Discount Proceeds.

Appears in 1 contract

Samples: Credit Agreement (Plains All American Pipeline Lp)

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