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, (1) the right of McKesson Canada to request a Drawing shall be suspended until the Canadian Administrative Agent determines that the circumstances causing such suspension no longer exist and the Canadian Administrative Agent so notifies McKesson Canada; and (2) any Drawing Notice which is outstanding shall be cancelled and the Drawing requested therein shall not be made. (ii) The Canadian Administrative Agent shall promptly notify McKesson Canada and the Administrative Agent of the suspension of McKesson Canada’s right to request a Drawing and of the termination of any such suspension.

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, (1i) the right of McKesson Canada the Company and Medis to request a Drawing shall be suspended until the Canadian Administrative Agent determines that the circumstances causing such suspension no longer exist and the Canadian Administrative Agent so notifies McKesson CanadaMedis; and (2ii) any Drawing Notice which is outstanding shall be cancelled and the Drawing requested therein shall not be made. (ii2) The Canadian Administrative Agent shall promptly notify McKesson Canada Medis and the Administrative Agent of the suspension of McKesson Canada’s Medis' right to request a Drawing and of the termination of any such suspension.

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, (1) the right of McKesson Canada to request a Drawing shall be suspended until the Canadian Administrative Agent determines that the circumstances causing such suspension no longer exist and the Canadian Administrative Agent so notifies McKesson Canada; and (2) any Drawing Notice which is outstanding shall be cancelled and the Drawing requested therein shall not be made. (ii) The Canadian Administrative Agent shall promptly notify McKesson Canada and the Administrative Agent of the suspension of McKesson Canada’s 's right to request a Drawing and of the termination of any such suspension.