Maturity, Etc. On the date of maturity of each Bankers’ Acceptance or B/A Equivalent Loan, the applicable Canadian Borrower shall pay to the Administrative Agent, for the account of each of the applicable Revolving Lenders, in Canadian Dollars, an amount equal to the full face amount of such Bankers’ Acceptance or B/A Equivalent Loan, as the case may be. The Canadian Borrowers shall not claim from a Revolving Lender any days of grace for the payment at maturity of any Bankers’ Acceptance or B/A Equivalent Loan accepted by the Revolving Lenders pursuant to this Agreement. The Canadian Borrowers waive any defense to payment that might otherwise exist if for any reason a Bankers’ Acceptance is held at maturity by a Revolving Lender in its own right, and the doctrine of merger shall not apply to any Bankers’ Acceptance that is at any time held by a Revolving Lender in its own right. Any executed orders to be used as Bankers’ Acceptances shall be held by a Revolving Lender in safekeeping with the same degree of care as if they were the Revolving Lender’s own property, and shall be kept at the place at which executed orders are ordinarily held by the Revolving Lender.
Maturity, Etc. In the case of each prepayment of Notes, whether ------------- required or optional, the principal amount of each Note to be prepaid shall become due and payable on the date fixed for such prepayment, together with interest accrued on such principal amount to such date and the applicable Makewhole Amount (if any), except that in the case of any optional prepayment made in connection with an anticipated consolidation, merger or sale, lease, transfer or other disposition of all or substantially all of its properties or assets for which notice has been given in accordance with clause (v) of Section 3.3, the Issuer may by written notice (a "Cancellation Notice") to each holder of a Note cancel its prior written notice of prepayment pursuant to Section 3.3 hereof and the principal amount of each Note to be prepaid pursuant to such prior written notice shall no longer be due and payable on such date: provided that (i) such Cancellation Notice shall be effective and the Notes to -------- ---- be prepaid shall no longer be due and payable on such date only in the event that the anticipated consolidation, merger or sale, lease, transfer or other disposition of all or substantially all of its properties or assets has not occurred and (ii) such Cancellation Notice is given at least three Business Days before the date fixed for optional prepayment. If the Issuer believes that the anticipated consolidation, merger or sale, lease, transfer or other disposition of all or substantially all of its properties or assets has been merely delayed rather than abandoned, the Issuer may, together with the Cancellation Notice, give a second notice of prepayment shall be at least 5 days and not more than 60 days prior to the second date fixed for such prepayment. From and after the date fixed for required or optional prepayment, unless the Issuer shall fail to pay to each holder of a Note such principal amount when so due, together with the interest and the Makewhole Amount, if any, as aforesaid, interest on such principal amount shall cease to accrue. Any Note paid or prepaid in full shall promptly thereafter be surrendered to the Issuer and canceled and shall not be reissued and no Note shall be issued in lieu of any paid or prepaid principal amount of any Note.
Maturity, Etc. In the case of any prepayment of the Subordinated ------------- Note, whether mandatory or optional, the principal amount of the Subordinated Note to be prepaid shall become due and payable on the date fixed for such prepayment, together with interest accrued on such principal amount to such date and the applicable prepayment premium (if any).
