Payment of Bankers' Acceptances. (1) The Borrower shall provide for the payment to the Agent at the Branch of Account for the account of the applicable Lenders of the full face amount of each Banker’s Acceptance accepted for its account on the earlier of (a) the date of maturity of a Banker’s Acceptance, and (b) the date on which any Obligations become due and payable pursuant to Section 8.
Appears in 4 contracts
Samples: Restricted Stock Unit Award Agreement, Credit Agreement (Waste Management Inc), Credit Agreement (Convergys Corp)
Payment of Bankers' Acceptances. (1) The Borrower shall provide for the payment to the Agent at the Branch of Account for the account of the applicable Lenders of the full face amount of each Banker’s Bankers' Acceptance accepted for its account on the earlier of (ai) the date of maturity of a Banker’s Acceptance, Bankers' Acceptance and (bii) the date on which any Obligations become due and payable pursuant to Section 8.
Appears in 2 contracts
Samples: Credit Agreement (Norske Skog Canada LTD), Credit Agreement (Norske Skog Canada LTD)
Payment of Bankers' Acceptances. (1) The Each Borrower shall provide for the payment to the Agent at the Branch of Account for the account of the applicable Lenders of the full face amount of each Banker’s Bankers' Acceptance accepted for its account on the earlier of (ai) the date of maturity of a Banker’s Acceptance, Bankers' Acceptance and (bii) the date on which any Obligations become due and payable pursuant to Section 811.
Appears in 2 contracts
Samples: Credit Agreement (CHC Helicopter Corp), Credit Agreement (CHC Helicopter Corp)
