Form of Bankers’ Acceptances. (a) Each bankers’ acceptance draft to be tendered by the Borrower for acceptance by a Lender will be drawn on a form acceptable to such accepting Lender.
Form of Bankers’ Acceptances. (i) Each Draft presented by McKesson Canada shall (A) be dated the date of the Drawing; (B) mature and be payable by McKesson Canada (in common with all other Drafts presented in connection with such Drawing) on a Business Day which occurs no less than 30 days nor more than 180 days after the date thereof, which term shall be specified on the Drawing Notice presented by McKesson Canada in accordance with Section 2.04(b)(1); (C) be in a form reasonably acceptable to the Canadian Administrative Agent; and (D) if such Draft is drawn on a Canadian Lender that is a Member, be payable to the Clearing House.
Form of Bankers’ Acceptances. (1) Form. Each Bankers’ Acceptance shall:
Form of Bankers’ Acceptances. To facilitate the acceptance of Bankers' Acceptances hereunder, the Borrower hereby appoints each Lender as its attorney to sign and endorse on its behalf, as and when considered necessary by the Lender, an appropriate number of orders in the form prescribed by that Lender. Each Lender may, at its option, execute any order in handwriting or by the facsimile or mechanical signature of any of its authorized officers, and the Lenders are hereby authorized to accept or pay, as the case may be, any order of the Borrower which purports to bear such a signature notwithstanding that any such individual has ceased to be an authorized officer of the Lender. Any such order or Bankers' Acceptance shall be as valid as if he or she were an authorized officer at the date of issue of the order or Bankers' Acceptance. Any order or Bankers' Acceptance signed by a Lender as attorney for the Borrower, whether signed in handwriting or by the facsimile or mechanical signature of an authorized officer of a Lender may be dealt with by the Agent or any Lender to all intents and purposes and shall bind the Borrower as if duly signed and issued by the Borrower. The receipt by the Agent of a request for an Advance by way of Bankers' Acceptances shall be each Lender's sufficient authority to execute, and each Lender shall, subject to the terms and conditions of this Agreement, execute orders in accordance with such request and the advice of the Agent given pursuant to Section 6.7, and the orders so executed shall thereupon be deemed to have been presented for acceptance.
Form of Bankers’ Acceptances. Each Draft presented by Canadian Borrower shall (i) be an integral multiple of Cdn.$100,000; (ii) be dated the date of acceptance thereof by the applicable Canadian Lender; (iii) mature and be payable by Canadian Borrower on a Business Day which occurs 30, 60, 90, 120 or 180 days after the date thereof; (iv) be substantially in the form of Exhibit III-A annexed hereto; and (iv) be otherwise consistent with the provisions of this Agreement relating to the amounts and maturity dates thereof. The acceptance endorsed by a Canadian Lender on any Draft shall be substantially in the form of the endorsement set forth in Exhibit III-A annexed hereto or such other form as may be agreed by Canadian Borrower and such Canadian Lender. Canadian Borrower hereby renounces, and shall not claim, any days of grace for the payment of any Bankers' Acceptances.
Form of Bankers’ Acceptances. All drafts presented by PCI Canada for acceptance by a BA Lender pursuant to this Agreement shall be properly executed and drawn by PCI Canada and shall be in the form used by such BA Lender from time to time in the normal course of its business. PCI Canada shall deposit with Canadian Funding Agent for distribution to each BA Lender a sufficient number of pre-signed and endorsed blank forms of drafts, in a form used by each BA Lender from time to time in its normal course of business. The receipt by the Canadian Funding Agent of a request for an advance by way of a BA Availment shall be each BA Lender's sufficient authority to complete, and each BA Lender shall, subject to the terms and conditions of this Agreement, complete the pre-signed forms of drafts in accordance with such request and the drafts so completed shall thereupon be deemed to have been presented for acceptance. Unless Canadian Funding Agent elects otherwise upon ten (10) days' written notice to PCI Canada, PCI Canada may, at its option, execute any draft by facsimile signature of any authorized signing officer of PCI Canada, and the BA Lenders are hereby authorized to accept or pay, as the case may be, any draft of PCI Canada which purports to bear such facsimile signature notwithstanding that any such individual has ceased to be an authorized signing officer of PCI Canada. Any such draft or Bankers' Acceptance shall bind PCI Canada as if duly signed in the signing officer's own handwriting and issued by PCI Canada. No BA Lender shall be liable for its failure to accept a Bankers' Acceptance as required hereunder if the cause of such failure is, in whole or in part, due to the failure of PCI Canada to provide executed drafts to Canadian Funding Agent on a timely basis.
Form of Bankers’ Acceptances. (i) Each Draft presented by McKesson Canada shall (A) be dated the date of the Drawing; (B) mature and be payable by McKesson Canada (in common with all other Drafts presented in connection with such Drawing) on a Business Day which occurs no less than 30 days nor more than 180 days after the date thereof, which term shall be specified on the Drawing Notice presented by McKesson Canada in accordance with
Form of Bankers’ Acceptances. To facilitate the acceptance of Bankers' Acceptances hereunder, the Borrower shall from time to time as required by the Lender, provide the Lender with an appropriate number of executed drafts drawn in blank by the Borrower and satisfactory to the Lender. Any such draft or Bankers' Acceptance may be dealt with by the Lender to all intents and purposes and shall bind the Borrower as if issued by the Borrower, and the Borrower shall hold the Lender harmless and indemnified against all loss, costs, damages and expenses arising out of the payment or negotiation of any such draft or Bankers' Acceptance. The Lender shall not be liable for its failure to accept a Bankers' Acceptance as required hereunder if the cause of such failure is, in whole or in part, due to the failure of the Borrower to provide executed drafts to the Lender on a timely basis. The receipt by the Lender of a request for an Advance by way of Bankers' Acceptances shall be the Lender's sufficient authority to complete, and the Lender shall, subject to the terms and conditions of this Agreement, complete the pre-signed forms of drafts in accordance with such request and the drafts so completed shall thereupon be deemed to have been presented for acceptance.
Form of Bankers’ Acceptances. (1) Each Draft presented by Libbey Canada shall (i) be in an integral multiple of Cdn.$100,000; (ii) be dated the date of the Drawing; (iii) mature and be payable by Libbey Canada (in common with all other Drafts presented in connection with such Drawing) on a Business Day which occurs approximately 7, 30, 60, 90, 120 or 180 days after the date thereof; and (iv) be substantially in the form of EXHIBIT XIII-A annexed hereto. The acceptance endorsed by Canadian Agent on any Draft shall be substantially in the form of EXHIBIT XIII-B annexed hereto or such other form as may be agreed by Libbey Canada and Canadian Agent.
Form of Bankers’ Acceptances. Any Bankers' Acceptance may, at the option of Micro Canada, be executed in advance by Micro Canada by mechanically reproduced or facsimile signatures of any two officers of Micro Canada who are properly so designated and authorized to sign by Micro Canada from time to time. Any Bankers' Acceptance so executed and delivered by Micro Canada to a Lender shall be valid and shall bind Micro Canada and may be dealt with by the Administrative Agent or any Lender with all intents and purposes as if the Bankers' Acceptance had been signed in the executing officers' own handwriting.
