Common use of Execution of Bankers’ Acceptances Clause in Contracts

Execution of Bankers’ Acceptances. The signatures of any authorized signatory on Bankers' Acceptances may, at the option of Canadian Borrowers, be reproduced in facsimile and such Bankers' Acceptances bearing such facsimile signatures shall be binding on Canadian Borrowers as if they had been manually signed by such authorized signatory. Notwithstanding that any person whose signature appears on any Bankers' Acceptance as a signatory may no longer be an authorized signatory of Canadian Borrowers at the date of issuance of a Bankers' Acceptance, and notwithstanding that the signature affixed may be a reproduction only, such signature shall nevertheless be valid and sufficient for all purposes as if such authority had remained in force at the time of such issuance and as if such signature had been manually applied, and any such Bankers' Acceptance so signed shall be binding on Canadian Borrowers.

Execution of Bankers’ Acceptances. The signatures of any authorized signatory on Canadian Bankers' ’ Acceptances may, at the option of the Canadian BorrowersBorrower, be reproduced in facsimile and such Canadian Bankers' ’ Acceptances bearing such facsimile signatures shall be binding on the Canadian Borrowers Borrower as if they had been manually signed by such authorized signatory. Notwithstanding that any person whose signature appears on any Canadian Bankers' ’ Acceptance as a signatory may no longer be an authorized signatory of the Canadian Borrowers Borrower at the date of issuance of a Canadian Bankers' ’ Acceptance, and notwithstanding that the signature affixed may be a reproduction only, such signature shall nevertheless be valid and sufficient for all purposes as if such authority had remained in force at the time of such issuance and as if such signature had been manually applied, and any such Canadian Bankers' ’ Acceptance so signed shall be binding on the Canadian BorrowersBorrower.

Execution of Bankers’ Acceptances. The signatures of any authorized signatory on Bankers' ’ Acceptances may, at the option of the applicable Canadian BorrowersBorrower, be reproduced in facsimile and such Bankers' ’ Acceptances bearing such facsimile signatures shall be binding on the applicable Canadian Borrowers Borrower as if they had been manually signed by such authorized signatory. Notwithstanding that any person whose signature appears on any Bankers' ’ Acceptance as a signatory may no longer be an authorized signatory of the applicable Canadian Borrowers Borrower at the date of issuance of a Bankers' ’ Acceptance, and notwithstanding that the signature affixed may be a reproduction only, such signature shall nevertheless be valid and sufficient for all purposes as if such authority had remained in force at the time of such issuance and as if such signature had been manually applied, and any such Bankers' ’ Acceptance so signed shall be binding on such Canadian BorrowersBorrower.

Execution of Bankers’ Acceptances. The signatures of any authorized signatory on Bankers' ’ Acceptances may, at the option of the Canadian BorrowersBorrower, be reproduced in facsimile and such Bankers' ’ Acceptances bearing such facsimile signatures shall be binding on the Canadian Borrowers Borrower as if they had been manually signed by such authorized signatory. Notwithstanding that any person whose signature appears on any Bankers' ’ Acceptance as a signatory may no longer be an authorized signatory of the Canadian Borrowers Borrower at the date of issuance of a Bankers' ’ Acceptance, and notwithstanding that the signature affixed may be a reproduction only, such signature shall nevertheless be valid and sufficient for all purposes as if such authority had remained in force at the time of such issuance and as if such signature had been manually applied, and any such Bankers' ’ Acceptance so signed shall be binding on the Canadian BorrowersBorrower.

Execution of Bankers’ Acceptances. The signatures of any authorized signatory on Bankers' ’ Acceptances may, at which are authorized and requested hereunder by the option of Canadian Borrowers, Borrower may be reproduced in facsimile or other electronic form and such Bankers' ’ Acceptances bearing such facsimile or other electronic signatures shall be binding on the Canadian Borrowers Borrower as if they had been manually signed by such authorized signatory. Notwithstanding that any person whose signature appears on any Bankers' ’ Acceptance as a signatory may no longer be an authorized signatory of the Canadian Borrowers Borrower at the date of issuance of a Bankers' ’ Acceptance, and notwithstanding that the signature affixed may be a reproduction only, such signature shall shall, unless prior to its use the Canadian Borrower has notified the Administrative Agent in writing to contrary, nevertheless be valid and sufficient for all purposes as if such authority had remained in force at the time of such issuance and as if such signature had been manually applied, and any such Bankers' ’ Acceptance so signed shall be binding on the Canadian BorrowersBorrower.

Execution of Bankers’ Acceptances. The signatures of any authorized signatory on Canadian Bankers' Acceptances may, at the option of the Canadian BorrowersBorrower, be reproduced in facsimile and such Canadian Bankers' Acceptances bearing such facsimile signatures shall be binding on the Canadian Borrowers Borrower as if they had been manually signed by such authorized signatory. Notwithstanding that any person whose signature appears on any Canadian Bankers' Acceptance as a signatory may no longer be an authorized signatory of the Canadian Borrowers Borrower at the date of issuance of a Canadian Bankers' Acceptance, and notwithstanding that the signature affixed may be a reproduction only, such signature shall nevertheless be valid and sufficient for all purposes as if such authority had remained in force at the time of such issuance and as if such signature had been manually applied, and any such Canadian Bankers' Acceptance so signed shall be binding on the Canadian BorrowersBorrower.

Execution of Bankers’ Acceptances. The signatures of any authorized signatory on Bankers' ’ Acceptances which are authorized and requested hereunder by a Canadian Borrower may, at the option of such Canadian BorrowersBorrower, be reproduced in facsimile and such Bankers' ’ Acceptances bearing such facsimile signatures shall be binding on such Canadian Borrowers Borrower as if they had been manually signed by such authorized signatory. Notwithstanding that any person whose signature appears on any Bankers' ’ Acceptance as a signatory may no longer be an authorized signatory of such Canadian Borrowers Borrower at the date of issuance of a Bankers' ’ Acceptance, and notwithstanding that the signature affixed may be a reproduction only, such signature shall shall, unless prior to its use such Canadian Borrower has notified the Canadian Administrative Agent in writing to contrary, nevertheless be valid and sufficient for all purposes as if such authority had remained in force at the time of such issuance and as if such signature had been manually applied, and any such Bankers' ’ Acceptance so signed shall be binding on such Canadian BorrowersBorrower.

Execution of Bankers’ Acceptances. The signatures of any authorized signatory on Bankers' Acceptances may, at the option of the applicable Canadian BorrowersBorrower, be reproduced in facsimile and such Bankers' Acceptances bearing such facsimile signatures shall be binding on the applicable Canadian Borrowers Borrower as if they had been manually signed by such authorized signatory. Notwithstanding that any person whose signature appears on any Bankers' Acceptance as a signatory may no longer be an authorized signatory of the applicable Canadian Borrowers Borrower at the date of issuance of a Bankers' Acceptance, and notwithstanding that the signature affixed may be a reproduction only, such signature shall nevertheless be valid and sufficient for all purposes as if such authority had remained in force at the time of such issuance and as if such signature had been manually applied, and any such Bankers' Acceptance so signed shall be binding on such Canadian BorrowersBorrower.