Common use of Depository Notes Clause in Contracts

Depository Notes. The parties agree that in the administering of Bankers’ Acceptances, each Canadian Lender may avail itself of the debt clearing services offered by a clearing house for depository notes pursuant to the Depository Bills and Notes Act (Canada) and that the procedures set forth in Section 3.02 be deemed amended to the extent necessary to comply with the requirements of such debt clearing services.

Depository Notes. The parties agree that in the administering of Bankers’ Acceptances, each Canadian Lender may avail itself of the debt clearing services offered by a clearing house for depository notes pursuant to the Depository Bills and Notes Act (Canada) and that the procedures set forth in Section 3.02 Article II be deemed amended to the extent necessary to comply with the requirements of such debt clearing services.

Depository Notes. The parties agree that in the administering of Bankers’ ' Acceptances, each Canadian Lender may avail itself of the debt clearing services offered by a clearing house for depository notes pursuant to the Depository Bills and Notes Act (Canada) and that the procedures set forth in Section 3.02 Article II be deemed amended to the extent necessary to comply with the requirements of such debt clearing services.

Depository Notes. The parties agree that in the administering of Canadian Bankers’ Acceptances, each Canadian Lender Bank may avail itself of the debt clearing services offered by a clearing house for depository notes pursuant to the Depository Bills and Notes Act (Canada) and that the procedures set forth in Section 3.02 Article II be deemed amended to the extent necessary to comply with the requirements of such debt clearing services.

Depository Notes. The parties agree that in the administering of Bankers’ ' Acceptances, each Canadian Lender may avail itself of the debt clearing services offered by a clearing house for depository notes pursuant to the Depository Bills and Notes Act (Canada) and that the procedures set forth in Section 3.02 Article 2 be deemed amended to the extent necessary to comply with the requirements of such debt clearing services.

Depository Notes. The parties agree that in the administering of Bankers’ ' Acceptances, each Canadian Lender may avail itself of the debt clearing services offered by a clearing house for depository notes pursuant to the Depository Bills and Notes Act (Canada) and that the procedures set forth in Section 3.02 be deemed amended to the extent necessary to comply with the requirements of such debt clearing services.

Depository Notes. The parties agree that in the administering of ---------------- Bankers’ ' Acceptances, each Canadian Revolver Lender may avail itself of the debt clearing services offered by a clearing house for depository notes pursuant to the Depository Bills and Notes Act (Canada) and that the procedures set forth in Section 3.02 Article II be deemed amended to the extent necessary to comply with the requirements of such debt clearing services.

Depository Notes. The parties agree that in the administering of Bankers’ ' Acceptances, each Canadian Lender may avail itself of the debt clearing services offered by a clearing house for depository notes pursuant to the Depository Bills and Notes Act (Canada) and that the procedures set forth in Section 3.02 Article II be deemed amended to the extent necessary to comply with the requirements of such debt clearing services.

Depository Notes. The parties agree that in the administering of Bankers’ ' Acceptances, each Canadian Revolver Lender may avail itself of the debt clearing services offered by a clearing house for depository notes pursuant to the Depository Bills and Notes Act (Canada) and that the procedures set forth in Section 3.02 Article II be deemed amended to the extent necessary to comply with the requirements of such debt clearing services.

Depository Notes. The parties agree that in the administering of Bankers’ Acceptances, each Canadian Revolver Lender may avail itself of the debt clearing services offered by a clearing house for depository notes pursuant to the Depository Bills and Notes Act (Canada) and that the procedures set forth in Section 3.02 this Article II be deemed amended to the extent necessary to comply with the requirements of such debt clearing services.

Depository Notes. The parties agree that in the administering of Canadian Bankers’ ' Acceptances, each Canadian Lender Bank may avail itself of the debt clearing services offered by a clearing house for depository notes pursuant to the Depository Bills and Notes Act (Canada) and that the procedures set forth in Section 3.02 Article II be deemed amended to the extent necessary to comply with the requirements of such debt clearing services.