Common use of Presigned Draft Forms Clause in Contracts

Presigned Draft Forms. To enable the Canadian Lenders to create Bankers' Acceptances in accordance with Section 2.01(f) and this Section 2.04, (i) the Canadian Borrower shall supply each Canadian Lender, upon the Canadian Borrower's execution of this Agreement, with such number of Drafts provided to the Canadian Borrower by the Agent as the Agent may from time to time reasonably request, duly endorsed and executed on behalf of the Canadian Borrower by any one or more of its duly authorized officers. Each Canadian Lender shall exercise such care in the custody and safekeeping of any Drafts in its possession from time to time as it would exercise in the custody and safekeeping of similar property owned by it. The signatures of officers of the Canadian Borrower on Drafts may be mechanically reproduced in facsimile and Bankers' Acceptances bearing such facsimile signatures shall be binding upon the Canadian Borrower as if they had been manually signed by such officers. Notwithstanding that any of the individuals whose manual or facsimile signature appears on any Draft as one of such officers may no longer hold office at the date of such draft or at the date of its acceptance by a Lender hereunder or at any time thereafter, any Draft or Bankers' Acceptance so signed shall be valid and binding upon, and enforceable against, the Canadian Borrower.

Presigned Draft Forms. To enable the Canadian Lenders Facility A Banks to create Bankers' Acceptances or complete Drafts in accordance with Section 2.01(f) and the manner specified in this Section 2.042.18, (i) the Canadian Borrower Medis shall supply each Facility A Canadian Lender, upon the Canadian Borrower's execution of this Agreement, Bank with such number of Drafts provided to the as such Facility A Canadian Borrower by the Agent as the Agent Bank may from time to time reasonably request, duly endorsed and executed on behalf of the Canadian Borrower Medis by any one or more of its duly authorized officers. Each Facility A Canadian Lender Bank shall exercise such care in the custody and safekeeping of any Drafts in its possession from time to time as it would exercise in the custody and safekeeping of similar property owned by it. Each Facility A Canadian Bank will, upon request by Medis, promptly advise Medis of the number and designations, if any, of the uncompleted Drafts then held by it. The signatures of such officers of the Canadian Borrower on Drafts may be mechanically reproduced in facsimile and Drafts and Bankers' Acceptances bearing such facsimile signatures shall be binding upon the Canadian Borrower Medis as if they had been manually signed by such officers. Notwithstanding that any of the individuals whose manual or facsimile signature appears on any Draft or Bankers' Acceptance as one of such officers may no longer hold office at the date of such draft thereof or at the date of its acceptance by a Lender Facility A Canadian Bank or a participant hereunder or at any time thereafter, any Draft or Bankers' Acceptance so signed shall be valid and binding upon, and enforceable against, the Canadian Borrowerupon Medis.

Presigned Draft Forms. To enable the Canadian Lenders which are BA Lenders to create Bankers' Acceptances in accordance with Section 2.01(f2.01(e) and this Section 2.042.18, (i) the Canadian Borrower Borrowers shall supply each Canadian BA Lender, upon the Canadian Borrower's Borrowers' execution of this AgreementAgreement and from time to time thereafter, with such number of Drafts provided to the Canadian Borrower Borrowers by the Administrative Agent as the Administrative Agent may from time to time reasonably request, duly endorsed and executed on behalf of the each Canadian Borrower by any one or more of its duly authorized officers. Each Canadian BA Lender shall exercise such care in the custody and safekeeping of any Drafts in its possession from time to time as it would exercise in the custody and safekeeping of similar property owned by it. The signatures of officers of the Canadian Borrower Borrowers on Drafts may be mechanically reproduced in facsimile and Bankers' Acceptances bearing such facsimile signatures shall be binding upon the each Canadian Borrower as if they had been manually signed by such officers. Notwithstanding that any of the individuals whose manual or facsimile signature appears on any Draft as one of such officers may no longer hold office at the date of such draft or at the date of its acceptance by a Lender hereunder or at any time thereafter, any Draft or Bankers' Acceptance so signed shall be valid and binding upon, and enforceable against, the each Canadian Borrower. Each Canadian Borrower hereby appoints each Canadian Lender holding a Draft with respect to a Drawing made under this Agreement, as its attorney-in-fact to, from time to time, complete such Draft to adequately reflect such Drawing made by such Canadian Lender.

Presigned Draft Forms. To enable the Canadian Lenders to complete Drafts and create Bankers' Acceptances in accordance with Section 2.01(f) and the manner specified in this Section 2.04subsection 4.8, (i) the Canadian Borrower Canada Safeway shall supply each Canadian Lender, upon the Canadian Borrower's execution of this Agreement, Lender with such number of Drafts provided to the as such Canadian Borrower by the Agent as the Agent Lender may from time to time reasonably request, duly endorsed and executed on behalf of the Canadian Borrower Canada Safeway by any one or more of its duly authorized officers. Each Canadian Lender shall exercise such care in the custody and safekeeping of any Drafts in its possession from time to time as it would exercise in the custody and safekeeping of similar property owned by it. Each Canadian Lender will, upon request by Canada Safeway, promptly advise Canada Safeway of the number and designations, if any, of the uncompleted Drafts then held by it. The signatures of such officers of the Canadian Borrower on Drafts may be mechanically reproduced in facsimile facsimile, and Bankers' Drafts and Acceptances bearing such facsimile signatures shall be binding upon the Canadian Borrower Canada Safeway as if they had been manually signed by such officers. Notwithstanding that any of the individuals whose manual or facsimile signature appears on any Draft or Acceptance as one of such officers may no longer hold office at the date of such draft thereof or at the date of its acceptance by a Canadian Lender hereunder or at any time thereafter, any Draft or Bankers' Acceptance so signed shall be valid and binding upon, and enforceable against, the Canadian Borrowerupon Canada Safeway.

Presigned Draft Forms. To enable the Canadian Lenders to create --------------------- Bankers' Acceptances in accordance with Section 2.01(f2.01(d) and this Section 2.04, (i) the Canadian Borrower shall supply each Canadian Lender, upon the Canadian Borrower's execution of this AgreementAgreement and from time to time thereafter, with such number of Drafts provided to the Canadian Borrower by the Agent as the Agent may from time to time reasonably request, duly endorsed and executed on behalf of the Canadian Borrower by any one or more of its duly authorized officers. Each Canadian Lender shall exercise such care in the custody and safekeeping of any Drafts in its possession from time to time as it would exercise in the custody and safekeeping of similar property owned by it. The signatures of officers of the Canadian Borrower on Drafts may be mechanically reproduced in facsimile and Bankers' Acceptances bearing such facsimile signatures shall be binding upon the Canadian Borrower as if they had been manually signed by such officers. Notwithstanding that any of the individuals whose manual or facsimile signature appears on any Draft as one of such officers may no longer hold office at the date of such draft or at the date of its acceptance by a Lender hereunder or at any time thereafter, any Draft or Bankers' Acceptance so signed shall be valid and binding upon, and enforceable against, the Canadian Borrower. The Canadian Borrower hereby appoints each Canadian Lender holding a Draft with respect to a Drawing made under this Agreement, as its attorney-in-fact to, from time to time, complete such Draft to adequately reflect such Drawing made by such Canadian Lender.

Presigned Draft Forms. To enable the Canadian Multicurrency Lenders to create Bankers' Acceptances in accordance with Section 2.01(f2.01(h) and this Section 2.04, (i) the Canadian Borrower shall supply each Canadian Multicurrency Lender, upon the Canadian Borrower's execution of this Agreement, with such number of Drafts provided to the Canadian Borrower by the Administrative Agent as the Administrative Agent may from time to time reasonably request, duly endorsed and executed on behalf of the Canadian Borrower by any one or more of its duly authorized officers. Each Canadian Multicurrency Lender shall exercise such care in the custody and safekeeping of any Drafts in its possession from time to time as it would exercise in the custody and safekeeping of similar property owned by it. The signatures of officers of the Canadian Borrower on Drafts may be mechanically reproduced in facsimile and Bankers' Acceptances bearing such facsimile signatures shall be binding upon the Canadian Borrower as if they had been manually signed by such officers. Notwithstanding that any of the individuals whose manual or facsimile signature appears on any Draft as one of such officers may no longer hold office at the date of such draft or at the date of its acceptance by a Lender hereunder or at any time thereafter, any Draft or Bankers' Acceptance so signed shall be valid and binding upon, and enforceable against, the Canadian Borrower.

Presigned Draft Forms. To enable the Canadian Revolving Credit Lenders that are BA Lenders to create Bankers' ’ Acceptances in accordance with Section 2.01(f) 2.05 and this Section 2.042.17, (i) the applicable Canadian Borrower shall supply each Canadian BA Lender, upon the such Canadian Borrower's ’s execution of this AgreementAgreement and from time to time thereafter, with such number of Drafts provided to the such Canadian Borrower by the Administrative Agent as the Administrative Agent may from time to time reasonably request, duly endorsed and executed on behalf of the such Canadian Borrower by any one or more of its duly authorized officersResponsible Officers. Each Canadian BA Lender shall exercise such care in the custody and safekeeping of any Drafts in its possession from time to time as it would exercise in the custody and safekeeping of similar property owned by it. The signatures of officers the Responsible Officers of the applicable Canadian Borrower on Drafts may be mechanically reproduced in facsimile and Bankers' ’ Acceptances bearing such facsimile signatures shall be binding upon the such Canadian Borrower as if they had been manually signed by such officers. Notwithstanding that any of the individuals whose manual or facsimile signature appears on any Draft as one of such officers may no longer hold office at the date of such draft or at the date of its acceptance by a Canadian Revolving Credit Lender hereunder or at any time thereafter, any Draft or Bankers' ’ Acceptance so signed shall be valid and binding upon, and enforceable against, the such Canadian Borrower.

Presigned Draft Forms. To enable the Canadian Lenders Agent to create Bankers' Acceptances or complete Drafts in accordance with Section 2.01(f) the manner specified in this subsection 2.9, Company and this Section 2.04, (i) the Canadian Borrower Libbey Canada shall supply each Canadian Lender, upon the Canadian Borrower's execution of this Agreement, Agent with such number of Drafts provided to the as Canadian Borrower by the Agent as the Agent may from time to time reasonably request, duly endorsed and executed on behalf of the Canadian Borrower Company and Libbey Canada by any one or more of its duly authorized officers. Each Canadian Lender Agent shall exercise such care in the custody and safekeeping of any Drafts in its possession from time to time as it would exercise in the custody and safekeeping of similar property owned by it. Canadian Agent will, upon request by Libbey Canada, promptly advise Libbey Canada of the number and designations, if any, of the uncompleted Drafts then held by it. The signatures of such officers of the Canadian Borrower on Drafts may be mechanically reproduced in facsimile and Drafts and Bankers' Acceptances bearing such facsimile signatures shall be binding upon the Canadian Borrower Libbey Canada as if they had been manually signed by such officers. Notwithstanding that any of the individuals whose manual or facsimile signature appears on any Draft or Bankers' Acceptance as one of such officers may no longer hold office at the date of such draft thereof or at the date of its acceptance by Canadian Agent or a Lender participant hereunder or at any time thereafter, any Draft or Bankers' Acceptance so signed shall be valid and binding upon, and enforceable against, the Canadian Borrowerupon Libbey Canada.

Presigned Draft Forms. To enable the Canadian Lenders which are BA Lenders to create Bankers' ’ Acceptances in accordance with Section 2.01(f2.01(e) and this Section 2.042.18, (i) the Canadian Borrower Borrowers shall supply each Canadian BA Lender, upon the Canadian Borrower's Borrowers’ execution of this AgreementAgreement and from time to time thereafter, with such number of Drafts provided to the Canadian Borrower Borrowers by the Administrative Agent as the Administrative Agent may from time to time reasonably request, duly endorsed and executed on behalf of the each Canadian Borrower by any one or more of its duly authorized officers. Each Canadian BA Lender shall exercise such care in the custody and safekeeping of any Drafts in its possession from time to time as it would exercise in the custody and safekeeping of similar property owned by it. The signatures of officers of the Canadian Borrower Borrowers on Drafts may be mechanically reproduced in facsimile and Bankers' ’ Acceptances bearing such facsimile signatures shall be binding upon the each Canadian Borrower as if they had been manually signed by such officers. Notwithstanding that any of the individuals whose manual or facsimile signature appears on any Draft as one of such officers may no longer hold office at the date of such draft or at the date of its acceptance by a Lender hereunder or at any time thereafter, any Draft or Bankers' ’ Acceptance so signed shall be valid and binding upon, and enforceable against, the each Canadian Borrower. Each Canadian Borrower hereby appoints each Canadian Lender holding a Draft with respect to a Drawing made under this Agreement, as its attorney-in-fact to, from time to time, complete such Draft to adequately reflect such Drawing made by such Canadian Lender.