Common use of Circumstances Making Bankers’ Acceptances Unavailable Clause in Contracts

Circumstances Making Bankers’ Acceptances Unavailable. (i) If the Canadian Administrative Agent determines in good faith, which determination shall be final, conclusive and binding upon McKesson Canada, and notifies McKesson Canada that, by reason of circumstances affecting the money market (A) there is no market for Bankers’ Acceptances; or (B) the demand for Bankers’ Acceptances is insufficient to allow the sale or trading of the Bankers’ Acceptances created and purchased hereunder; then,

Appears in 4 contracts

Samples: Credit Agreement (McKesson Corp), Credit Agreement (McKesson Corp), Credit Agreement (McKesson Corp)

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Circumstances Making Bankers’ Acceptances Unavailable. (ia) If the Canadian Administrative Agent determines in good faith, which determination shall be final, conclusive and binding upon McKesson Canadaconstitute prima facie evidence thereof, and notifies McKesson Canada the Canadian Borrower that, by reason of circumstances affecting the money market (A) market, there is no market for Bankers’ Acceptances; or (B) the demand for Bankers’ Acceptances is insufficient to allow the sale or trading of the Bankers’ Acceptances created and purchased hereunder; , then,:

Appears in 3 contracts

Samples: Credit Agreement (Domtar CORP), Credit Agreement (Domtar CORP), Credit Agreement (Domtar CORP)

Circumstances Making Bankers’ Acceptances Unavailable. (i) If the Canadian Administrative Agent determines in good faith, which determination shall be final, conclusive and binding upon McKesson CanadaCanadian Borrower, and notifies McKesson Canada Canadian Borrower and each Canadian Lender that, by reason of circumstances affecting the money market (Ai) there is no market for Bankers' Acceptances; or (Bii) the demand for Bankers' Acceptances is insufficient to allow the sale or trading of the Bankers' Acceptances created and purchased hereunder; then,:

Appears in 2 contracts

Samples: Credit Agreement (Homestake Mining Co /De/), Credit Agreement (Homestake Mining Co /De/)

Circumstances Making Bankers’ Acceptances Unavailable. (ia) If the Canadian Administrative Agent determines in good faith, which determination shall be final, conclusive and binding upon McKesson Canadathe Canadian Subsidiary Borrowers, and notifies McKesson Canada the Canadian Subsidiary Borrowers that, by reason of circumstances affecting the money market (A) market, there is no market for Bankers’ Acceptances; or (B) the demand for Bankers’ Acceptances is insufficient to allow the sale or trading of the Bankers’ Acceptances created and purchased hereunder; , then,:

Appears in 2 contracts

Samples: Credit Agreement (Scotts Miracle-Gro Co), Credit Agreement (Scotts Miracle-Gro Co)

Circumstances Making Bankers’ Acceptances Unavailable. (ia) If ----------------------------------------------------- the Canadian Administrative Agent determines in good faith, which determination shall be final, conclusive and binding upon McKesson Canadathe Canadian Borrower, and notifies McKesson Canada the Canadian Borrower that, by reason of circumstances affecting the money market (A) market, there is no market for Bankers' Acceptances; or (B) the demand for Bankers’ Acceptances is insufficient to allow the sale or trading of the Bankers’ Acceptances created and purchased hereunder; , then,:

Appears in 2 contracts

Samples: Credit Agreement (Pierce Leahy Corp), Credit Agreement (Pierce Leahy Corp)

Circumstances Making Bankers’ Acceptances Unavailable. (ia) If the Canadian Administrative Agent Fronting Lender determines in good faith, which determination shall be final, conclusive and binding upon McKesson Canadathe Canadian Borrower, and notifies McKesson Canada the Canadian Borrower that, by reason of circumstances affecting the money market (A) market, there is no market for Bankers’ Acceptances; or (B) the demand for Bankers’ Acceptances is insufficient to allow the sale or trading of the Bankers’ Acceptances created and purchased hereunder; , then,:

Appears in 1 contract

Samples: Credit Agreement (Jostens Inc)

Circumstances Making Bankers’ Acceptances Unavailable. (i) If the Canadian Administrative Agent determines in good faith, which determination shall be final, conclusive and binding upon McKesson Canada, and notifies McKesson Canada that, by reason of circumstances affecting the money market (A) there is no market for Bankers' Acceptances; or (B) the demand for Bankers' Acceptances is insufficient to allow the sale or trading of the Bankers' Acceptances created and purchased hereunder; then,

Appears in 1 contract

Samples: Credit Agreement (McKesson Corp)

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Circumstances Making Bankers’ Acceptances Unavailable. (ia) If the Canadian Administrative Funding Agent determines in good faith, which determination shall be final, conclusive and binding upon McKesson Canadathe Canadian Borrower, and notifies McKesson Canada the Canadian Borrower that, by reason of circumstances affecting the money market (A) market, there is no market for Bankers’ Acceptances; or (B) the demand for Bankers’ Acceptances is insufficient to allow the sale or trading of the Bankers’ Acceptances created and purchased hereunder; , then,:

Appears in 1 contract

Samples: Credit Agreement (International Multifoods Corp)

Circumstances Making Bankers’ Acceptances Unavailable. (ia) If the Canadian Administrative Agent determines in good faith, which determination shall be final, conclusive and binding upon McKesson Canadathe Canadian Borrower, and notifies McKesson Canada the Canadian Borrower that, by reason of circumstances affecting the money market (A) market, there is no market for Bankers’ Acceptances; or (B) the demand for Bankers’ Acceptances is insufficient to allow the sale or trading of the Bankers’ Acceptances created and purchased hereunder; , then,:

Appears in 1 contract

Samples: Credit Agreement (Norcross Safety Products LLC)

Circumstances Making Bankers’ Acceptances Unavailable. (ia) If the Canadian Administrative Agent determines in good faith, which determination shall be final, conclusive and binding upon McKesson Canadathe Canadian Borrower absent manifest error, and notifies McKesson Canada the Canadian Borrower that, by reason of circumstances affecting the money market (A) market, there is no market for Bankers' Acceptances; or (B) the demand for Bankers’ Acceptances is insufficient to allow the sale or trading of the Bankers’ Acceptances created and purchased hereunder; , then,

Appears in 1 contract

Samples: Credit Agreement (Outdoor Systems Inc)

Circumstances Making Bankers’ Acceptances Unavailable. (i1) If the Canadian Administrative Agent determines in good faith, which determination shall be final, conclusive and binding upon McKesson CanadaMedis and the Company, and notifies McKesson Canada Medis that, by reason of circumstances affecting the money market (Ai) there is no market for Bankers' Acceptances; or (Bii) the demand for Bankers' Acceptances is insufficient to allow the sale or trading of the Bankers' Acceptances created and purchased hereunder; then,

Appears in 1 contract

Samples: Credit Agreement (McKesson Hboc Inc)

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