Common use of Prepayment of Bankers’ Acceptances Clause in Contracts

Prepayment of Bankers’ Acceptances. Notwithstanding any provision hereof, the Borrower may not prepay any Bankers’ Acceptance other than on its maturity date; however, this provision shall not prevent the Borrower from acquiring, in its discretion but subject to the other provisions of this Agreement, any Bankers’ Acceptance in circulation from time to time.

Appears in 5 contracts

Samples: Credit Agreement (Videotron Ltee), Credit Agreement (Quebecor Media Inc), Credit Agreement (Videotron Ltee)

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Prepayment of Bankers’ Acceptances. Notwithstanding any provision hereof, the Borrower may not prepay any Bankers' Acceptance other than on its maturity date; however, this provision shall not prevent the Borrower from acquiring, in its discretion but subject to the other provisions of this Agreement, any Bankers' Acceptance in circulation from time to time.

Appears in 3 contracts

Samples: Credit Agreement (Videotron Ltee), Credit Agreement (Cgi Group Inc), Credit Agreement (Videotron 1998 Ltee)

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