Common use of Purchase of Bankers’ Acceptances Clause in Contracts

Purchase of Bankers’ Acceptances. Each C$ Lender shall be required to purchase (subject to the commercial availability of a resale market in the case of Bankers' 11 11 Acceptances with a term of approximately 30, 60, 90 or 180 days, as the case may be) from the Canadian Borrower on such Borrowing Date, at the Applicable BA Discount Rate, the Bankers' Acceptances accepted by it on such Borrowing Date and to provide to the Canadian Administrative Agent the BA Discount Proceeds thereof not later than 12:00 Noon, Toronto time, on such Borrowing Date for the account of the Canadian Borrower. The Acceptance Fee payable by the Canadian Borrower to such C$ Lender under subsection 2.16(e) in respect of each Bankers' Acceptance accepted and purchased by such C$ Lender from the Canadian Borrower shall be set off against the BA Discount Proceeds payable by such C$ Lender under this subsection 2.16(b)(9). Not later than 2:00 P.M., Toronto time, on such Borrowing Date the Canadian Administrative Agent shall make such BA Discount Proceeds available to the Canadian Borrower by crediting the account of the Canadian Borrower on the books of the Canadian Administrative Office with the aggregate of the amounts made available to the Canadian Administrative Agent by the C$ Lenders and in like funds as received by the Canadian Administrative Agent.

Purchase of Bankers’ Acceptances. Each C$ Lender shall be -------------------------------- required to purchase (subject to the commercial availability of a resale market in the case of Bankers' 11 11 Acceptances with a term of approximately 30, 60, 90 or 180 days, as the case may be) from the Canadian Borrower on such Borrowing Date, at the Applicable BA Discount Rate, the Bankers' Acceptances accepted by it on such Borrowing Date and to provide to the Canadian Administrative Agent the BA Discount Proceeds thereof not later than 12:00 Noon, Toronto time, on such Borrowing Date for the account of the Canadian Borrower. The Acceptance Fee payable by the Canadian Borrower to such C$ Lender under subsection 2.16(e3.3(e) in respect of each Bankers' Acceptance accepted and purchased by such C$ Lender from the Canadian Borrower shall be set off against the BA Discount Proceeds payable by such C$ Lender under this subsection 2.16(b)(93.3(b)(9). Not later than 2:00 P.M., Toronto time, on such Borrowing Date the Canadian Administrative Agent shall make such BA Discount Proceeds available to the Canadian Borrower by crediting the account of the Canadian Borrower on the books of the Canadian Administrative Office with the aggregate of the amounts made available to the Canadian Administrative Agent by the C$ Lenders and in like funds as received by the Canadian Administrative Agent.

Purchase of Bankers’ Acceptances. Each C$ Canadian Lender shall be required to purchase (subject to the commercial availability of a resale market in the case of Bankers' 11 11 Acceptances with a term of approximately 30, 60, 90 or 180 daysdays (or such shorter or longer term as determined under subsection 2.3(b)(4)), as the case may be) from the Canadian Borrower on such the Borrowing DateDate (Canada), at the Applicable BA Discount Rate, the Bankers' Acceptances accepted by it on such Borrowing Date date and to provide to the Canadian Administrative Agent the BA Discount Proceeds thereof not later than 12:00 Noon, Toronto time, on such Borrowing Date (Canada) for the account of the Canadian Borrower. The Acceptance Fee payable by the Canadian Borrower to such C$ Canadian Lender under subsection 2.16(e2.3(e) in respect of each Bankers' Acceptance accepted and purchased by such C$ Canadian Lender from the Canadian Borrower shall be set off against the BA Discount Proceeds payable by such C$ Canadian Lender under this subsection 2.16(b)(92.3(b)(9). Not later than 2:00 P.M., Toronto time, on such Borrowing Date (Canada), the Canadian Administrative Agent shall make such BA Discount Proceeds available to the Canadian Borrower by crediting the account of the Canadian Borrower on the books of the Canadian Administrative Office with the aggregate of the amounts made available to the Canadian Administrative Agent by the C$ Canadian Lenders and in like funds as received by the Canadian Administrative Agent.

Purchase of Bankers’ Acceptances. Each C$ Canadian Lender shall be required to purchase (subject to the commercial availability of a resale market in the case of Bankers' 11 11 Acceptances with a term of approximately 30, 60, 90 or 180 days, as the case may be) from the Canadian Borrower on such the Borrowing DateDate (Canada), at the Applicable BA Discount Rate, the Bankers' Acceptances accepted by it on such Borrowing Date date and to provide to the Canadian Administrative Agent the BA Discount Proceeds thereof not later than 12:00 Noon, Toronto time, on such Borrowing Date (Canada) for the account of the Canadian Borrower. The Acceptance Fee payable by the Canadian Borrower to such C$ Canadian Lender under subsection 2.16(e2.3(e) in respect of each Bankers' Acceptance accepted and purchased by such C$ Canadian Lender from the Canadian Borrower shall be set off against the BA Discount Proceeds payable by such C$ Canadian Lender under this subsection 2.16(b)(92.3(b)(9). Not later than 2:00 P.M., Toronto time, on such Borrowing Date (Canada), the Canadian Administrative Agent shall make such BA Discount Proceeds available to the Canadian Borrower by crediting the account of the Canadian Borrower on the books of the Canadian Administrative Office with the aggregate of the amounts made available to the Canadian Administrative Agent by the C$ Canadian Lenders and in like funds as received by the Canadian Administrative Agent.

Purchase of Bankers’ Acceptances. Each C$ Canadian Revolving Credit Lender shall be required to purchase (subject to the commercial availability of a resale market in the case of Bankers' 11 11 Acceptances with a term of approximately 30, 60, 90 or 180 days, as the case may be) from the Canadian Borrower on such Borrowing Date, at the Applicable BA Discount Rate, the Bankers' Acceptances accepted by it on such Borrowing Date and to provide to the Canadian Administrative Agent the BA Discount Proceeds thereof not later than 12:00 Noon, Toronto time, on such Borrowing Date for the account of the Canadian Borrower. The Acceptance Fee payable by the Canadian Borrower to such C$ Canadian Revolving Credit Lender under subsection 2.16(e) in respect of each Bankers' Acceptance accepted and purchased by such C$ Canadian Revolving Credit Lender from the Canadian Borrower shall be set off against the BA Discount Proceeds payable by such C$ Canadian Revolving Credit Lender under this subsection 2.16(b)(9). Not later than 2:00 P.M., Toronto time, on such Borrowing Date the Canadian Administrative Agent shall 47 41 make such BA Discount Proceeds available to the Canadian Borrower by crediting the account of the Canadian Borrower on the books of the Canadian Administrative Office with the aggregate of the amounts made available to the Canadian Administrative Agent by the C$ Canadian Revolving Credit Lenders and in like funds as received by the Canadian Administrative Agent.

Purchase of Bankers’ Acceptances. Each C$ The Canadian Fronting Lender shall be required to purchase (subject to the commercial availability of a resale market in the case of Bankers' 11 11 ’ Acceptances with a term of approximately 30, 60, 90 or 180 days, as the case may be) from the Canadian Borrower on such the Borrowing DateDate (Canada), at the Applicable BA Discount Rate, the Bankers' ’ Acceptances accepted by it on such Borrowing Date date and to provide to the Canadian Administrative Agent the BA Discount Proceeds thereof not later than 12:00 Noon, Toronto Winnipeg time, on such Borrowing Date (Canada) for the account of the Canadian Borrower. The Acceptance Fee payable by the Canadian Borrower to such C$ the Canadian Fronting Lender under subsection 2.16(e4.3(e) in respect of each Bankers' ’ Acceptance accepted and purchased by such C$ the Canadian Fronting Lender from the Canadian Borrower shall be set off against the BA Discount Proceeds payable by such C$ the Canadian Fronting Lender under this subsection 2.16(b)(94.3(b)(8). Not later than 2:00 P.M., Toronto Winnipeg time, on such Borrowing Date (Canada), the Canadian Administrative Agent Fronting Lender shall make such BA Discount Proceeds available to the Canadian Borrower in funds immediately available by crediting the account of the Canadian Borrower on the books of the Canadian Administrative Office with the aggregate of the amounts made available to the Canadian Administrative Agent by the C$ Lenders and in like funds as received by the Canadian Administrative AgentLending Office.

Purchase of Bankers’ Acceptances. Each C$ Canadian Revolving Lender shall be required to purchase (subject to the commercial availability of a resale market in the case of Bankers' 11 11 Acceptances with a term of approximately 30, 60, 90 or 180 days, as the case may bemarket) from the Canadian Parent Borrower on such Borrowing Datethe date of issuance of each Bankers' Acceptance, at the Applicable BA Discount Rate, the Bankers' Acceptances accepted by it on such Borrowing Date date and to provide to the Canadian Administrative Agent the BA Discount Proceeds thereof not later than 12:00 NoonNoon (Montreal, Toronto Canada time, ) on such Borrowing Date date for the account of the Canadian Parent Borrower. The BA Acceptance Fee payable by the Canadian Parent Borrower to such C$ Canadian Revolving Lender under subsection 2.16(eSECTION 2.12(c) in respect of each Bankers' Acceptance accepted and purchased by such C$ Canadian Revolving Lender from the Canadian Parent Borrower shall be set off against netted out of the BA Discount Proceeds payable by such C$ Canadian Revolving Lender under this subsection 2.16(b)(9SECTION 2.06(f). Not later than 2:00 P.M.P.M. (Montreal, Toronto Canada time) on the date of issuance of each Bankers' Acceptance, on such Borrowing Date the Canadian Administrative Agent shall make such BA Discount Proceeds available to the Canadian Parent Borrower by crediting the account of the Canadian Parent Borrower on the books of the Canadian Administrative Agent's Office with the aggregate of the amounts made available to the Canadian Administrative Agent by the C$ Canadian Revolving Lenders and in like funds as received by the Canadian Administrative Agent.

Purchase of Bankers’ Acceptances. Each C$ Lender shall be -------------------------------- required to purchase (subject to the commercial availability of a resale market in the case of Bankers' 11 11 Acceptances with a term of approximately 30, 60, 90 or 180 days, as the case may be) from the Canadian Borrower on such Borrowing Date, at the Applicable BA Discount Rate, the Bankers' Acceptances accepted by it on such Borrowing Date and to provide to the Canadian Administrative Agent the BA Discount Proceeds thereof not later than 12:00 Noon, Toronto time, on such Borrowing Date for the account of the Canadian Borrower. The Acceptance Fee payable by the Canadian Borrower to such C$ Lender under subsection 2.16(e3.3(e) in respect of each Bankers' Acceptance accepted and purchased by such C$ Lender from the Canadian Borrower shall be set off against the BA Discount Proceeds payable by such C$ Lender under this subsection 2.16(b)(93.3(b)(9). Not later than 2:00 P.M., Toronto time, on such Borrowing Date Date, the Canadian Administrative Agent shall make such BA Discount Proceeds available to the Canadian Borrower by crediting the account of the Canadian Borrower on the books of the Canadian Administrative Office with the aggregate of the amounts made available to the Canadian Administrative Agent by the C$ Lenders and in like funds as received by the Canadian Administrative Agent.

Purchase of Bankers’ Acceptances. Each C$ Canadian Lender shall be required to purchase (subject to the commercial availability of a resale market in the case of Bankers' 11 11 Acceptances with a term of approximately 30, 60, 90 or 180 days, as the case may be) from the Canadian Borrower on such the Borrowing DateDate (Canada), at the Applicable BA Discount Rate, Bankers' Acceptances in an amount equal to such Lender's Revolving Credit Commitment Percentage of the Bankers' Acceptances to be accepted by it the Canadian Lenders on such Borrowing Date date and to provide the BA Discount Proceeds thereof to the Canadian Administrative Agent at the BA Discount Proceeds thereof office of the Canadian Administrative Agent specified in subsection 12.2 (or at such other location as the Canadian Administrative Agent may direct) not later than 12:00 Noonnoon, Toronto time, on such Borrowing Date (Canada), for the account of the Canadian Borrower. The Acceptance Fee payable by the Canadian Borrower to such C$ each Canadian Lender under subsection 2.16(e4.3(e) in respect of each Bankers' Acceptance accepted and purchased by such C$ Canadian Lender from the Canadian Borrower shall be set off against the BA Discount Proceeds payable by such C$ Canadian Lender under this subsection 2.16(b)(94.3(b)(8). Not later than 2:00 P.M., Toronto time, on such Borrowing Date (Canada), the Canadian Administrative Agent shall make such BA Discount Proceeds available to the Canadian Borrower by crediting the Canadian Administrative Agent's making a wire transfer to the account of the Canadian Borrower on the books of as specified by the Canadian Administrative Office Borrower in the notice of borrowing with the aggregate of the amounts made available to amount actually received by the Canadian Administrative Agent by from the C$ Canadian Lenders and in like funds as received by the Canadian Administrative Agent.

Purchase of Bankers’ Acceptances. Each C$ Lender shall be required to purchase (subject to the commercial availability of a resale market in the case of Bankers' 11 11 Acceptances with a term of approximately 30, 60, 90 or 180 days, as the case may be) from the Canadian Borrower on such Borrowing Date, at the Applicable BA Discount Rate, the Bankers' Acceptances accepted by it on such Borrowing Date and to provide to the Canadian Administrative Agent the BA Discount Proceeds thereof not later than 12:00 Noon, Toronto time, on such Borrowing Date for the account of the Canadian Borrower. The Acceptance Fee payable by the Canadian Borrower to such C$ Lender under subsection 2.16(e) in respect of each Bankers' Acceptance accepted and purchased by such C$ Lender from the Canadian Borrower shall be set off against the BA Discount Proceeds payable by such C$ Lender under this subsection 2.16(b)(9). Not later than 2:00 P.M., Toronto time, on such Borrowing Date the Canadian Administrative Agent shall make such BA Discount Proceeds available to the Canadian Borrower by crediting the account of the Canadian Borrower on the books of the Canadian Administrative Office with the aggregate of the amounts made available to the Canadian Administrative Agent by the C$ Lenders and in like funds as received by the Canadian Administrative Agent.