Common use of Creation of Bankers’ Acceptances Clause in Contracts

Creation of Bankers’ Acceptances. Each Lender severally agrees, on the terms and subject to the conditions herein set forth, to create Bankers’ Acceptances under the Credit Facilities by accepting Bankers Acceptances in Canadian Dollars in accordance with the provisions of this Agreement.

Creation of Bankers’ Acceptances. Each Lender severally agrees, on the terms and subject to the conditions herein set forth, to create Bankers’ ' Acceptances under the Credit Facilities by accepting Bankers Acceptances in Canadian Dollars in accordance with the provisions of this Agreement.