Common use of Form of Bankers’ Acceptances Clause in Contracts

Form of Bankers’ Acceptances. Each Bankers’ Acceptance shall: (a) be in a Face Amount and have a maturity date in conformity with Section 4.2; (b) be dated the Drawing Date; and (c) be in a form satisfactory to the relevant Lender.

Appears in 2 contracts

Samples: Credit Agreement (West Fraser Timber Co., LTD), Credit Agreement (West Fraser Timber Co., LTD)

AutoNDA by SimpleDocs

Form of Bankers’ Acceptances. (1) Form. Each Bankers’ Acceptance shall: (a) be in a Face Amount and have a maturity date in conformity allowing for conformance with Section 4.22.1(4); (b) be dated the Drawing Date; (c) mature and be payable by the Borrower (in common with all other Bankers’ Acceptances created in connection with such Drawing) on a Business Day which occurs one, two, three or six months after the date thereof, subject to availability; and (cd) be in a form satisfactory to the relevant Lender.

Appears in 1 contract

Samples: Credit Agreement (Kinder Morgan Inc)

Form of Bankers’ Acceptances. (1) Form. Each Bankers' Acceptance shall: (a) be in a Face Amount and have a maturity date in conformity allowing for conformance with Section 4.22.1(5); (b) be dated the Drawing Date; (c) mature and be payable by the Borrower (in common with all other Bankers' Acceptances created in connection with such Drawing) on a Business Day which occurs one, two, three or six months after the date thereof, subject to availability and Section 4.2(2); and (cd) be in a form satisfactory to the relevant Lender.

Appears in 1 contract

Samples: Credit Agreement (Kinder Morgan Inc)

AutoNDA by SimpleDocs

Form of Bankers’ Acceptances. (1) Form. Each Bankers’ Acceptance shall: (a) be in a Face Amount and have a maturity date in conformity allowing for conformance with Section 4.2section 2.1(4); (b) be dated the Drawing Date; (c) mature and be payable by the Borrower (in common with all other Bankers’ Acceptances created in connection with such Drawing) on a Business Day which occurs no more than six months after the date thereof, subject to availability; and (cd) be in a form satisfactory to the relevant Lender.

Appears in 1 contract

Samples: Third Amending Agreement (Telus Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!