Common use of Commitment to Purchase Bankers' Acceptances and BA Equivalent Notes Clause in Contracts

Commitment to Purchase Bankers' Acceptances and BA Equivalent Notes. (a) In connection with the issuance of each Bankers' Acceptance or BA Equivalent Note, the amount payable by the purchaser thereof to the Borrower shall be determined in accordance with the following formula: _____F_____ where: F means the face amount of such Bankers' Acceptance or BA Equivalent Note, D means the discount rate, and T means the number of days to maturity of such Bankers' Acceptance or BA Equivalent Note, with the amount as so calculated being rounded up or down to the fifth decimal place and with 0.000005 being rounded up.

Commitment to Purchase Bankers' Acceptances and BA Equivalent Notes. (a) In connection with the issuance of each Bankers' Acceptance or BA Equivalent Note, the amount payable by the purchaser thereof to the Borrower shall be determined in accordance with the following formula: _____F_____ F 1 + (D x T/365) where: F means the face amount of such Bankers' ’ Acceptance or BA Equivalent Note, D means the discount rate, and T means the number of days to maturity of such Bankers' ’ Acceptance or BA Equivalent Note, with the amount as so calculated being rounded up or down to the fifth decimal place and with 0.000005 being rounded up.

Commitment to Purchase Bankers' Acceptances and BA Equivalent Notes. (a) In connection with the issuance of each Bankers' Acceptance or BA Equivalent Note, the amount payable by the purchaser thereof to the Borrower shall be determined in accordance with the following formula: _____F_____ F 1 + (D x T/365) where: F means the face amount of such Bankers' ’ Acceptance or BA Equivalent Note, D means the discount raterate (being the Applicable Margin in respect of the issuance of Bankers’ Acceptances or BA Equivalent Notes), and T means the number of days to maturity of such Bankers' ’ Acceptance or BA Equivalent Note, with the amount as so calculated being rounded up or down to the fifth decimal place and with 0.000005 being rounded up.

Commitment to Purchase Bankers' Acceptances and BA Equivalent Notes. (a) In connection with the issuance of each Bankers' Acceptance or BA Equivalent Note, the amount payable by the purchaser thereof to the Borrower shall be determined in accordance with the following formula: _____F_____ where: F means the face amount of such Bankers' ’ Acceptance or BA Equivalent Note, D means the discount rate, and T means the number of days to maturity of such Bankers' ’ Acceptance or BA Equivalent Note, with the amount as so calculated being rounded up or down to the fifth decimal place and with 0.000005 being rounded up.