Common use of Discount Rate Clause in Contracts

Discount Rate. On each borrowing date on which Bankers’ Acceptances are to be accepted, the Administrative Agent shall advise the Borrower as to its determination of the applicable BA Discount Rate for the Bankers’ Acceptances which the Lenders have agreed to purchase.

Appears in 8 contracts

Samples: Credit Agreement (Bowater Inc), Credit Agreement (AbitibiBowater Inc.), Credit Agreement (Bowater Inc)

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Discount Rate. On each borrowing date on which Bankers' Acceptances are to be accepted, the Administrative Agent shall advise the Borrower as to its determination of the applicable BA Discount Rate for the Bankers' Acceptances which the Lenders have agreed to purchase.

Appears in 4 contracts

Samples: Credit Agreement (AbitibiBowater Inc.), Credit Agreement (AbitibiBowater Inc.), Tenth Amendment and Waiver (AbitibiBowater Inc.)

Discount Rate. On each borrowing date Borrowing Date on which Bankers’ Acceptances are to be accepted, the Administrative Agent shall advise the applicable Borrower as to its the Administrative Agent’s determination of the applicable BA Discount Rate for the Bankers’ Acceptances which any of the Tranche 1 Revolving Lenders have agreed to purchase.

Appears in 4 contracts

Samples: Credit Agreement (Domtar CORP), Credit Agreement (Domtar CORP), Credit Agreement (Domtar CORP)

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Discount Rate. On each borrowing date Borrowing Date on which Bankers’ Acceptances are to be accepted, the Administrative Agent shall advise the Borrower as to its the Administrative Agent’s determination of the applicable BA Discount Rate for the Bankers’ Acceptances which any of the Lenders have agreed to purchase.

Appears in 1 contract

Samples: Credit Agreement (Thompson Creek Metals CO Inc.)

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