Discount Rate. On each Borrowing Date on which Bankers’ Acceptances are to be accepted, the Administrative Agent shall advise the Canadian Borrower and the U.S. Borrower as to the Administrative Agent’s determination of the applicable Discount Rate for the Bankers’ Acceptances, which Bankers’ Acceptances, subject to the terms and conditions of this Agreement, shall be accepted by each Canadian Revolving Lender under the Canadian Revolving Facility that is permitted by law to accept and purchase Bankers’ Acceptances.
Appears in 3 contracts
Samples: Credit Agreement (Cedar Fair L P), Credit Agreement (Cedar Fair L P), Credit Agreement (Cedar Fair L P)
Discount Rate. On each Borrowing Date date on which Bankers’ Acceptances are to be accepted, the Canadian Administrative Agent shall advise the Canadian Borrower and the U.S. Borrower as to the Canadian Administrative Agent’s determination of the applicable Discount Rate for the Bankers’ Acceptances, Acceptances which Bankers’ Acceptances, subject any of the Facility B Lenders have agreed to the terms and conditions of this Agreement, shall be accepted by each Canadian Revolving Lender under the Canadian Revolving Facility that is permitted by law to accept and purchase Bankers’ Acceptancespurchase.
Appears in 3 contracts
Samples: Credit Agreement (Kate Spade & Co), Credit Agreement (Fifth & Pacific Companies, Inc.), Credit Agreement (Claiborne Liz Inc)
Discount Rate. On each Borrowing Date day on which Bankers’ ' Acceptances are to be accepted, the Canadian Administrative Agent shall advise the Canadian Borrower and the U.S. Borrower as to the Canadian Administrative Agent’s 's determination of the applicable Discount Rate for the Bankers’ Acceptances, which Bankers’ Acceptances, subject to the terms and conditions of this Agreement, shall be accepted by each Canadian Revolving Lender under the Canadian Revolving Facility that is permitted by law to accept and purchase Bankers’ AcceptancesRate.
Appears in 2 contracts
Samples: Credit Agreement (Agco Corp /De), Credit Agreement (Agco Corp /De)
Discount Rate. On each Borrowing Date on which Bankers’ Acceptances are to be accepted, the Administrative Agent shall advise the Canadian Borrower and the U.S. Borrower as to the Administrative Agent’s determination of the applicable Discount Rate for the Bankers’ Acceptances, Acceptances which Bankers’ Acceptances, subject any of the Revolving Lenders have agreed to the terms and conditions of this Agreement, shall be accepted by each Canadian Revolving Lender under the Canadian Revolving Facility that is permitted by law to accept and purchase Bankers’ Acceptancespurchase.
Appears in 2 contracts
Samples: Credit Agreement (Domtar CORP), Credit Agreement (Domtar CORP)
Discount Rate. On each Borrowing Date on which Bankers’ Acceptances are to be accepted, the Administrative Agent or the Canadian Agent, as applicable, shall advise the Canadian Borrower and the U.S. applicable Borrower as to the Administrative Agent’s or the Canadian Agent’s, as applicable, determination of the applicable Discount Rate for the Bankers’ Acceptances, Acceptances which Bankers’ Acceptances, subject to the terms and conditions any of this Agreement, shall be accepted by each Canadian Revolving Lender under the Canadian Term Loan Lenders or any of the Revolving Facility that is permitted by law Credit Lenders making Revolving Credit Loans denominated in Canadian Dollars have agreed to accept and purchase Bankers’ Acceptancespurchase.
Appears in 2 contracts
Samples: Intellectual Property Security Agreement (Waste Services, Inc.), Credit Agreement (Waste Services, Inc.)
Discount Rate. On each Borrowing Date on which Bankers’ Acceptances are to be accepted, the Canadian Administrative Agent shall advise the Canadian Borrower and the U.S. Borrower Cedar Fair LP as to the Canadian Administrative Agent’s determination of the applicable Discount Rate for the Bankers’ Acceptances, which Bankers’ Acceptances, subject to the terms and conditions of this Agreement, shall be accepted by each Canadian Revolving Lender under the Canadian Revolving Facility that is permitted by law to accept and purchase Bankers’ Acceptances.
Appears in 1 contract
Samples: Credit Agreement (Cedar Fair L P)
Discount Rate. On each Borrowing Date on which Bankers’ Acceptances are to be accepted, the Administrative Agent shall advise the Canadian Borrower and the U.S. Borrower as to the Administrative Agent’s determination of the applicable Discount Rate for the Bankers’ Acceptances, Acceptances which Bankers’ Acceptances, subject any of the Tranche 1 Revolving Lenders have agreed to the terms and conditions of this Agreement, shall be accepted by each Canadian Revolving Lender under the Canadian Revolving Facility that is permitted by law to accept and purchase Bankers’ Acceptancespurchase.
Appears in 1 contract
Samples: Credit Agreement (Domtar CORP)
Discount Rate. On each Borrowing Date borrowing date on which Bankers’ ' Acceptances are to be accepted, the Administrative Agent Agent, or the applicable Administrative Agent's Correspondent, shall advise the Canadian Borrower and the U.S. Borrower as to the Administrative Agent’s its determination of the applicable BA Discount Rate for the Bankers’ Acceptances, ' Acceptances which Bankers’ Acceptances, subject the Revolving Lenders have agreed to the terms and conditions of this Agreement, shall be accepted by each Canadian Revolving Lender under the Canadian Revolving Facility that is permitted by law to accept and purchase Bankers’ Acceptancespurchase.
Appears in 1 contract
Samples: Credit Agreement (Cott Corp /Cn/)