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

Circumstances Making Bankers’ Acceptances Unavailable. (a) If the Canadian Administrative Agent determines in good faith, which determination shall be final, conclusive and binding upon the Canadian Borrower, and notifies the Canadian Borrower that, by reason of circumstances affecting the money market, there is no market for Bankers' Acceptances, then:

Appears in 3 contracts

Samples: Credit Agreement (International Multifoods Corp), Credit Agreement (Viasystems Group Inc), Credit Agreement (Iron Mountain Inc/Pa)

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Circumstances Making Bankers’ Acceptances Unavailable. (a) If the Canadian Administrative Agent Lender determines in good faith, which determination shall be final, conclusive and binding upon the Canadian Borrower, and notifies the Canadian Borrower that, by reason of circumstances affecting the money market, there is no market for Bankers' Acceptances, then:

Appears in 1 contract

Samples: Credit Agreement (Norcross Capital Corp)

Circumstances Making Bankers’ Acceptances Unavailable. (a1) If the Canadian Administrative Agent determines in good faith, which determination shall be final, conclusive and binding upon the Canadian BorrowerLibbey Canada, and notifies the Canadian Borrower Libbey Canada that, by reason of circumstances affecting the money market, market (i) there is no market for Bankers' Acceptances, ; or (ii) 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 (Libbey Inc)

Circumstances Making Bankers’ Acceptances Unavailable. (a) If the Canadian Administrative Agent determines in good faith, which determination shall be final, conclusive and binding upon the Canadian Borrower, and notifies the Canadian Borrower that, that by reason of circumstances affecting the money market, there is no market for Bankers' Banker's Acceptances, then:

Appears in 1 contract

Samples: Credit Agreement (Viad Corp)

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Circumstances Making Bankers’ Acceptances Unavailable. (a) If the Canadian Administrative Agent determines in good faith, faith (which determination shall be final, conclusive and binding upon the Canadian Parent Borrower, ) and notifies the Canadian Parent Borrower that, by reason of circumstances affecting the Canadian money market, there is no market for Bankers' Acceptances, then:

Appears in 1 contract

Samples: Credit Agreement (Brooks Pharmacy, Inc.)

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