Common use of Sale of Canadian Banker’s Acceptances Clause in Contracts

Sale of Canadian Banker’s Acceptances. (a) It shall be the responsibility of each Canadian Lender to arrange, in accordance with normal market practice, for the sale on each funding date of a Canadian Banker’s Acceptance to be accepted by such Canadian Lender, failing which such Canadian Lender shall purchase such Canadian Banker’s Acceptance.

Sale of Canadian Banker’s Acceptances. (a) It shall be the responsibility of each Canadian Dollar Lender to arrange, in accordance with normal market practice, for the sale on each funding date of a the Canadian Banker’s Acceptance Acceptances to be accepted by such that Canadian Dollar Lender, failing which such the Canadian Dollar Lender shall purchase such its Canadian Banker’s AcceptanceAcceptances.

Sale of Canadian Banker’s Acceptances. (a) It shall be the responsibility of each Canadian Lender to arrange, in accordance with normal market practice, for the sale on each funding date of a the Canadian Banker’s Acceptance 's Acceptances to be accepted by such that Canadian Lender, failing which such the Canadian Lender shall purchase such its Canadian Banker’s Acceptance's Acceptances.