Common use of Maturity Date of Bankers’ Acceptances Clause in Contracts

Maturity Date of Bankers’ Acceptances. Subject to the applicable notice provisions, at or prior to the maturity date of each Bankers’ Acceptance, the Borrower shall: 6.4.1 give to the Agent a notice in the form of Schedule “B” requesting that the Lenders convert all or any part of the BA Advance then outstanding by way of Bankers’ Acceptances which are maturing into a Prime Rate Advance; or 6.4.2 give to the Agent a notice in the form of Schedule “B” requesting that the Lenders extend all or any part of the BA Advance outstanding by way of Bankers’ Acceptances which are maturing into another BA Advance by issuing new Bankers’ Acceptances, subject to compliance with the provisions of subsection 6.1.1 with respect to the minimum Selected Amount and Designated Period; or 6.4.3 at latest at 10:00 A.M., two (2) Business Days prior to the Rollover Date of each Bankers’ Acceptance then outstanding and reaching maturity, notify the Agent by way of a notice substantially in the form of Schedule “B-1” (but omitting paragraph 3 thereof) that it intends to deposit in its account for the account of the Lenders on the Rollover Date an amount equal to the principal amount of each such Bankers’ Acceptance.

Maturity Date of Bankers’ Acceptances. Subject to the applicable notice provisions, at or prior to the maturity date of each Bankers’ ' Acceptance, the Borrower shall: 6.4.1 give to the Agent a notice in the form of Schedule “"B” " requesting that the Lenders convert all or any part of the BA Advance then outstanding by way of Bankers’ ' Acceptances which are maturing into a Prime Rate Advance; or 6.4.2 give to the Agent a notice in the form of Schedule “"B” " requesting that the Lenders extend all or any part of the BA Advance outstanding by way of Bankers’ ' Acceptances which are maturing into another BA Advance by issuing new Bankers’ ' Acceptances, subject to compliance with the provisions of subsection 6.1.1 with respect to the minimum Selected Amount and Designated Period; or 6.4.3 at latest at 10:00 A.M., two (2) Business Days prior to the Rollover Date of each Bankers’ ' Acceptance then outstanding and reaching maturity, notify the Agent by way of a notice substantially in the form of Schedule “"B-1” " (but omitting paragraph 3 thereof) that it intends to deposit in its account for the account of the Lenders on the Rollover Date an amount equal to the principal amount of each such Bankers’ ' Acceptance.

Maturity Date of Bankers’ Acceptances. Subject to the applicable notice provisions, at or prior to the maturity date of each Bankers’ ' Acceptance, the Borrower shall:: 6. 6.4.1 4.1 give to the Agent a notice in the form of Schedule “"B” " requesting that the Lenders convert all or any part of the BA Advance then outstanding by way of Bankers’ ' Acceptances which are maturing into a Prime Rate Advance; oror 6. 6.4.2 4.2 give to the Agent a notice in the form of Schedule “"B” " requesting that the Lenders extend all or any part of the BA Advance outstanding by way of Bankers’ ' Acceptances which are maturing into another BA Advance by issuing new Bankers’ ' Acceptances, subject to compliance with the provisions of subsection 6.1.1 with respect to the minimum Selected Amount and Designated Period; or or 6.4.3 at latest at 10:00 A.M., two (2) Business Days prior to the Rollover Date of each Bankers’ ' Acceptance then outstanding and reaching maturity, notify the Agent by way of a notice substantially in the form of Schedule “"B-1” " (but omitting paragraph 3 thereof) that it intends to deposit in its account for the account of the Lenders on the Rollover Date an amount equal to the principal amount of each such Bankers’ ' Acceptance.