Common use of Creation of Bankers’ Acceptances Clause in Contracts

Creation of Bankers’ Acceptances. Upon receipt of a Canadian Committed Borrowing Notice requesting purchase or acceptance of Bankers’ Acceptances, and subject to the provisions of this Agreement, each Canadian Lender shall accept, in accordance with its Pro Rata Share of the requested Canadian Committed Borrowing from time to time such Bankers’ Acceptances as the Canadian Borrower shall request.

Appears in 2 contracts

Samples: Credit Agreement (Devon Energy Corp/De), Credit Agreement (Devon Energy Corp/De)

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Creation of Bankers’ Acceptances. Upon receipt of a Canadian Committed Borrowing Notice requesting purchase or acceptance of Bankers’ Acceptances, and subject to the provisions of this Agreement, each Canadian Lender shall accept, in accordance with its Pro Rata Share of the requested Canadian Committed Borrowing from time to time such Bankers’ Acceptances as the applicable Canadian Borrower shall request.

Appears in 1 contract

Samples: Credit Agreement (Devon Energy Corp/De)

Creation of Bankers’ Acceptances. Upon receipt of a Canadian Committed Borrowing Notice requesting purchase or acceptance of Bankers’ Acceptances, and subject to the provisions of this Agreement, each Canadian Lender shall accept, in accordance with its Pro Rata Share of the requested Canadian Committed Borrowing from time to time Borrowing, such Bankers’ Acceptances as the applicable Canadian Borrower shall request.

Appears in 1 contract

Samples: Credit Agreement (Burlington Resources Inc)

Creation of Bankers’ Acceptances. Upon receipt of a Canadian Committed Borrowing Notice requesting purchase or acceptance of Bankers’ Acceptances, and subject to the provisions of this Agreement, each Canadian Resident Lender shall accept, in accordance with its Pro Rata Percentage Share of the requested Canadian Committed Borrowing from time to time such Bankers' Acceptances as the Canadian Borrower Borrowers shall request.request provided that:

Appears in 1 contract

Samples: Canadian Credit Agreement (Devon Energy Corp/De)

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Creation of Bankers’ Acceptances. Upon receipt of a Canadian Committed Borrowing Notice requesting purchase or acceptance of Bankers’ Acceptances, and subject to the provisions of this Agreement, each Canadian Lender shall accept, in accordance with its Canadian Pro Rata Share of the requested Canadian Committed Borrowing from time to time such Bankers’ Acceptances as the applicable Canadian Borrower shall request.

Appears in 1 contract

Samples: Credit Agreement (Devon Energy Corp/De)

Creation of Bankers’ Acceptances. Upon receipt of a Canadian Committed Borrowing Notice requesting purchase or acceptance of Bankers' Acceptances, and subject to the provisions of this Agreement, each Canadian Lender shall accept, in accordance with its Canadian Pro Rata Share of the requested Canadian Committed Borrowing from time to time such Bankers' Acceptances as the applicable Canadian Borrower shall request.

Appears in 1 contract

Samples: Credit Agreement (Devon Energy Corp/De)

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