Common use of Canadian Bankers’ Acceptances Clause in Contracts

Canadian Bankers’ Acceptances. (a) Each acceptance and purchase of B/As of a single Contract Period pursuant to Section 2.01(a) and this Section shall be made ratably by the Tranche One Lenders in accordance with the amounts of their Tranche One Commitments. The failure of any Lender to accept any B/A required to be accepted by it shall not relieve any other Lender of its obligations hereunder; provided that the Commitments are several and no Lender shall be responsible for any other Lender’s failure to accept B/As as required. Each Lender at its option may accept and purchase any B/A by causing any Canadian lending office or Affiliate of such Lender to accept and purchase such B/A.

Canadian Bankers’ Acceptances. (a) Each acceptance and purchase of B/As BAs of a single Contract Period pursuant to Section 2.01(a2.01(b) and this Section shall be made ratably by the Tranche One B Lenders in accordance with the amounts of their Tranche One B Commitments. The failure of any Lender to accept any B/A BA required to be accepted by it shall not relieve any other Lender of its obligations hereunder; provided that the Commitments are several and no Lender shall be responsible for any other Lender’s failure to accept B/As BAs as required. Each Lender at its option may accept and purchase any B/A BA by causing any Canadian lending office or Affiliate of such Lender to accept and purchase such B/A.BA.

Canadian Bankers’ Acceptances. (a) Each acceptance and purchase of B/As of a single Contract Period pursuant to Section 2.01(a) and this 2.01 or Section 2.06 shall be made ratably by the Tranche One Lenders in accordance with the amounts of their Tranche One Commitments. The failure of any Lender to accept any B/A required to be accepted by it shall not relieve any other Lender of its obligations hereunder; provided that the Commitments are several and no Lender shall be responsible for any other Lender’s 's failure to accept B/As as required. Each Lender at its option may accept and purchase any B/A by causing any Canadian lending office or Affiliate of such Lender to accept and purchase such B/A.

Canadian Bankers’ Acceptances. (a) Each acceptance and purchase of B/As BAs of a single Contract Period pursuant to Section 2.01(a2.01(b) and this Section shall be made ratably by the Tranche One B Lenders in accordance with the amounts of their Tranche One B Commitments. The failure of any Lender to accept any B/A BA required to be accepted by it shall not relieve any other Lender of its obligations hereunder; provided that the Commitments are several and no Lender shall be responsible for any other Lender’s 's failure to accept B/As BAs as required. Each Lender at its option may accept and purchase any B/A BA by causing any Canadian lending office or Affiliate of such Lender to accept and purchase such B/A.BA.