Eligible Bills. Each Borrower shall ensure that any Xxxx drawn by it and accepted by a Bank is, assuming that the relevant Bank is a bank whose acceptances are then being treated as eligible acceptances by the Bank of England, eligible for rediscounting at the Bank of England.
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Samples: Syndicated Credit Facility Agreement (Gec Acquisition Corp), Syndicated Credit Facility Agreement (Gec Acquisition Corp), Syndicated Credit Facility (Gec Acquisition Corp)
Eligible Bills. Each Borrower shall must ensure that any each Xxxx drawn by it and accepted by a Bank Lender is, assuming that the relevant Bank accepting Lender is a bank whose acceptances are then being treated as eligible acceptances by the Bank of England, eligible for rediscounting at the Bank of England.
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Eligible Bills. Each Borrower shall ensure that any each Xxxx drawn by it and accepted by a Bank is, assuming that the relevant Bank is a bank whose acceptances are then being treated as eligible acceptances by the Bank of England, eligible for rediscounting at the Bank of England.
Appears in 1 contract