Common use of Sale of Bankers’ Acceptances Clause in Contracts

Sale of Bankers’ Acceptances. (1) It shall be the responsibility of each Lender to arrange, in accordance with normal market practice, for the sale on each Drawdown Date of the Banker’s Acceptances to be accepted by that Lender, failing which the Lender shall purchase its Banker’s Acceptances.

Sale of Bankers’ Acceptances. (1) 5.12.1 It shall be the responsibility of each Lender to arrange, in accordance with normal market practice, for the sale on each Drawdown Date of the Banker’s Bankers’ Acceptances issued by a Borrower and to be accepted by that Lender, failing which the Lender shall purchase its Banker’s Bankers’ Acceptances.

Sale of Bankers’ Acceptances. (1) It shall be the responsibility of each Lender to arrange, in accordance with normal market practice, for the sale on each Drawdown Date of the Banker’s 's Acceptances to be accepted by that Lender, failing which the Lender shall purchase its Banker’s 's Acceptances.

Sale of Bankers’ Acceptances. (1a) It shall be the responsibility of each Lender to arrange, in accordance with normal market practice, for the sale on each Drawdown Date of the Banker’s Bankers' Acceptances issued by the Borrower and to be accepted by that Lender, failing which the Lender shall purchase its Banker’s Bankers' Acceptances.

Sale of Bankers’ Acceptances. (1a) It shall be the responsibility of each Lender to arrange, in accordance with normal market practice, for the sale on each Drawdown Date of the Banker’s Bankers’ Acceptances issued by the Borrower and to be accepted by that Lender, failing which the Lender shall purchase its Banker’s Bankers’ Acceptances.

Sale of Bankers’ Acceptances. (1) 5.9.1 It shall be the responsibility of each the Lender to arrange, in accordance with normal market practice, for the sale on each Drawdown Date of the Banker’s Bankers' Acceptances issued by the Borrower and to be accepted by that the Lender, failing which the Lender shall purchase its Banker’s Bankers’ Acceptances.