Common use of Execution of Bankers’ Acceptances Clause in Contracts

Execution of Bankers’ Acceptances. Drafts of the Canadian Borrower to be accepted as Bankers' Acceptances hereunder shall be duly executed on behalf of the Canadian Borrower. Notwithstanding that any person whose signature appears on any Bankers' Acceptance as a signatory for the Canadian Borrower may no longer be an authorized signatory for the Canadian Borrower at the date of issuance of a Bankers' Acceptance, 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 any such Bankers' Acceptance so signed shall be binding on the Canadian Borrower.

Execution of Bankers’ Acceptances. Drafts of the Canadian --------------------------------- Borrower to be accepted as Bankers' Acceptances hereunder shall be duly executed on behalf of the Canadian Borrower. Notwithstanding that any person whose signature appears on any Bankers' Acceptance as a signatory for the Canadian Borrower may no longer be an authorized signatory for the Canadian Borrower at the date of issuance of a Bankers' Acceptance, 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 any such Bankers' Acceptance so signed shall be binding on the Canadian Borrower.

Execution of Bankers’ Acceptances. Drafts of drawn by the Canadian Borrower to be accepted as Bankers' Acceptances hereunder shall be signed by a duly executed on behalf authorized officer or officers of the Canadian BorrowerBorrower or by its attorneys, including attorneys appointed pursuant to Section 2.10(f). Notwithstanding that any person Person whose signature appears on any Bankers' Acceptance as a signatory for the Canadian Borrower may no longer be an authorized signatory for the Canadian Borrower at the date time of issuance of a Bankers' Acceptance, such that signature shall nevertheless be valid and sufficient for all purposes as if such the authority had remained in force at the time of such issuance, issuance and any such Bankers' Acceptance so signed shall be binding on the Canadian Borrower.

Execution of Bankers’ Acceptances. Drafts of the Canadian Borrower to be accepted as Bankers' ’ Acceptances hereunder shall be duly executed on behalf of the Canadian Borrower. Notwithstanding that any person whose signature appears on any Bankers' ’ Acceptance as a signatory for the Canadian Borrower may no longer be an authorized signatory for the Canadian Borrower at the date of issuance of a Bankers' ’ Acceptance, 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 any such Bankers' ’ Acceptance so signed shall be binding on the Canadian Borrower.