Common use of Conversion into Bankers’ Acceptances Clause in Contracts

Conversion into Bankers’ Acceptances. In respect of Conversions into Bankers’ Acceptances, in order to satisfy the liability of Company to the Lenders for the amount of the converted Loan, each Lender shall receive and retain for its own account the BA Discount Proceeds of the Bankers’ Acceptances issued upon such Conversion, and Company shall on the date for Conversion pay to Administrative Agent for the account of the Lenders an amount equal to the difference between the principal amount of the converted Loan and the aggregate BA Discount Proceeds from the Bankers’ Acceptances issued on such Conversion, together with the stamping fees to which the Lenders are entitled pursuant to Section 3.9.

Conversion into Bankers’ Acceptances. In respect of Conversions into Bankers’ ' Acceptances, in order to satisfy the liability of Company to the Lenders for the amount of the converted Loan, each Lender shall receive and retain for its own account the BA Discount Proceeds of the Bankers’ ' Acceptances issued upon such Conversion, and Company shall on the date for Conversion pay to Administrative Agent for the account of the Lenders an amount equal to the difference between the principal amount of the converted Loan and the aggregate BA Discount Proceeds from the Bankers’ ' Acceptances issued on such Conversion, together with the stamping fees to which the Lenders are entitled pursuant to Section 3.92.3(k).

Conversion into Bankers’ Acceptances. In respect of Conversions into Bankers’ ' Acceptances, in order to satisfy the liability of Company to the Lenders for the amount of the converted Loan, each Lender shall receive and retain for its own account the BA Discount Proceeds of the Bankers’ ' Acceptances issued upon such Conversion, and Company shall on the date for Conversion pay to Administrative Agent for the account of the Lenders an amount equal to the difference between the principal amount of the converted Loan and the aggregate BA Discount Proceeds from the Bankers’ ' Acceptances issued on such Conversion, together with the stamping fees to which the Lenders are entitled pursuant to Section 3.9.