Completion of Bankers’ Acceptance Sample Clauses

Completion of Bankers’ Acceptance. Upon receipt of the notice from the Administrative Agent pursuant to section 4.2(1), each Lender is thereupon authorized to execute Bankers' Acceptances as the duly authorized attorney of the Borrower pursuant to a Power of Attorney, in accordance with the particulars provided by the Administrative Agent.
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Completion of Bankers’ Acceptance. Upon receipt of the advice pursuant to Section 3.6(a), each applicable Lender, other than a Non-Acceptance Lender, is thereupon authorized to execute bankers’ acceptances as the duly authorized attorney of the Borrower, in accordance with the particulars so advised by the Agent.
Completion of Bankers’ Acceptance. Upon receipt of the telephone advice referred to in Section 3.5(a), each Bank is thereupon authorized to complete bankers' acceptances held by it in blank in accordance with the particulars so advised by the Paying Agent.
Completion of Bankers’ Acceptance. Upon receipt of notice from the Agent pursuant to Section 4.2(b), each Lender is thereupon authorized to execute Bankers’ Acceptances as the duly authorized attorney of WFT pursuant to Section 4.8, in accordance with the particulars provided by the Agent.

Related to Completion of Bankers’ Acceptance

  • Bankers’ Acceptances (a) Subject to the terms and conditions of this Agreement, the Canadian Borrowers may request Borrowings of Canadian Revolving Credit Loans by presenting drafts for acceptance and purchase as B/As by the Canadian Lenders.

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