Common use of Distribution of Bankers’ Acceptances Clause in Contracts

Distribution of Bankers’ Acceptances. Bankers’ Acceptances and Drafts purchased by a Tranche B Lender in accordance with the terms of Section 2.1(b) and this Section 2.15 may, in such Tranche B Lender’s sole discretion, be held by such Tranche B Lender for its own account until the applicable BA Maturity Date or sold, rediscounted or otherwise disposed of by it at any time prior thereto in any relevant market therefor.

Appears in 19 contracts

Samples: Credit Agreement (Toyota Motor Credit Corp), Assignment and Assumption (Toyota Motor Credit Corp), Five Year Credit Agreement (Toyota Motor Credit Corp)

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Distribution of Bankers’ Acceptances. Bankers’ Acceptances and Drafts purchased by a Tranche B C Lender in accordance with the terms of Section 2.1(b2.01(c) and this Section 2.15 may, in such Tranche B C Lender’s sole discretion, be held by such Tranche B C Lender for its own account until the applicable BA Maturity Date or sold, rediscounted or otherwise disposed of by it at any time prior thereto in any relevant market therefor.

Appears in 3 contracts

Samples: 364 Day Credit Agreement (Toyota Motor Credit Corp), Assignment and Assumption (Toyota Motor Credit Corp), Five Year Credit Agreement (Toyota Motor Credit Corp)

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