Shortfall on Drawdowns, Rollovers and Conversions. The Borrower agrees that:
(a) the difference between the amount of an Advance requested by the Borrower by way of Bankers' Acceptances and the actual proceeds of the Bankers' Acceptances;
(b) the difference between the actual proceeds of a Bankers' Acceptance and the amount required to pay a maturing Bankers' Acceptance, if a Bankers' Acceptance is being rolled over; and
(c) the difference between the actual proceeds of a Bankers' Acceptance and the amount required to repay any Advance which is being converted to a Bankers' Acceptance; shall be funded and paid by the Borrower from its own resources, by 11:00 a.m. on the day of the Advance or may be advanced as a Prime Rate Advance under the Credit if the Borrower is otherwise entitled to an Advance under the Credit.
Shortfall on Drawdowns, Rollovers and Conversions. The Borrower agrees that the difference between the:
(i) amount of a Borrowing requested by the Borrower by way of Bankers’ Acceptances and the actual proceeds of the Bankers’ Acceptances;
(ii) actual proceeds of a Bankers’ Acceptance and the amount required to pay a maturing Bankers’ Acceptance if a Bankers’ Acceptance is being rolled over; and
(iii) actual proceeds of a Bankers’ Acceptance and the amount required to repay any Borrowing which is being converted to a Bankers’ Acceptance, shall be funded and paid by the Borrower from its own resources, by 11:00 a.m. (Calgary time) on the day of the Borrowing or may be advanced as a Prime Rate Loan if the Borrower is otherwise entitled to such Accommodation and the Agent will apply such Prime Rate Loan to discharge the obligations of the Borrower under such Bankers’ Acceptance. Any such Prime Rate Loan so made shall be subject to the terms and provisions of this Agreement, including payment of interest at the rates specified in Section 4.1.
Shortfall on Drawdowns, Rollovers and Conversions. The Borrower agrees that:
(a) the difference between the amount of an Advance requested by the Borrower by way of Bankers' Acceptances and the actual proceeds of the Bankers' Acceptances;
(b) the difference between the actual proceeds of a Bankers' Acceptance and the amount required to pay a maturing Bankers' Acceptance, if a Bankers' Acceptance is being rolled over; and
(c) the difference between the actual proceeds of a Bankers' Acceptance and the amount required to repay any Advance which is being converted to a Bankers' Acceptance; shall be funded and paid by the Borrower from its own resources, by 11:00 a.m. on the day of the Advance or may be advanced as a Prime Rate Advance under a Credit if the Borrower is otherwise entitled to an Advance under the Credit.
Shortfall on Drawdowns, Rollovers and Conversions. The Borrower agrees that:
(i) the difference between the amount of a Borrowing requested by the Borrower by way of Bankers’ Acceptance and the actual proceeds of the Bankers’ Acceptance;
(ii) the difference between the actual proceeds of a Bankers’ Acceptance, and the amount required to pay a maturing Bankers’ Acceptance if a Bankers’ Acceptance is being rolled over; and
(iii) the difference between the actual proceeds of a Bankers’ Acceptance and the amount required to repay any Borrowing which is being converted to a Bankers’ Acceptance, shall be funded and paid by the Borrower from its own resources, by 12:00 p.m. (Toronto, Ontario time) on the day of the Borrowing or may be advanced as a Prime Rate Loan if the Borrower is otherwise entitled to such Accommodation and the Administrative Agent will apply such Prime Rate Loan to discharge the obligations of the Borrower under such Bankers’ Acceptance. Any such Prime Rate Loan so made shall be subject to the terms and provisions of this Agreement, including payment of interest at the rates specified in Section 3.1.
Shortfall on Drawdowns, Rollovers and Conversions. The Borrower agrees that:
(a) the difference between the amount of an Advance requested by the Borrower by way of Banker’s Acceptances and the actual proceeds of the Banker’s Acceptances;
(b) the difference between the actual proceeds of a Banker’s Acceptance and the amount required to pay a maturing Banker’s Acceptance, if a Banker’s Acceptance is being rolled over; and
(c) the difference between the actual proceeds of a Banker’s Acceptance and the amount required to repay any Advance which is being converted to a Banker’s Acceptance; shall be funded and paid by the Borrower from its own resources, by 11:00 a.m. (Toronto time) on the day of the Advance or may be advanced as a Prime Rate Advance under the Credit Facility if the Borrower is otherwise entitled to an Advance under the Credit Facility.
Shortfall on Drawdowns, Rollovers and Conversions. PMCULC and each Designated Borrower agrees that:
(i) the difference between the amount of a Borrowing requested by PMCULC or such Designated Borrower by way of Canadian BA’s and the actual proceeds of the Canadian BA’s;
(ii) the difference between the actual proceeds of a Canadian BA and the amount required to pay a maturing Canadian BA, if a Canadian BA is being rolled over; and
(iii) the difference between the actual proceeds of a Canadian BA and the amount required to repay any Borrowing that is being converted to a Canadian BA; shall be funded and paid by PMCULC or such Designated Borrower from its own resources, by 12:00 p.m. (Toronto time) on the day of the applicable Borrowing or may be advanced as a Canadian Prime Rate Loan under the Commitments if PMCULC or such Designated Borrower is otherwise entitled to a Borrowing under this Agreement.
Shortfall on Drawdowns, Rollovers and Conversions. PMCULC agrees that:
(i) the difference between the amount of a Borrowing requested by PMCULC by way of Canadian BA’s and the actual proceeds of the Canadian BA’s;
(ii) the difference between the actual proceeds of a Canadian BA and the amount required to pay a maturing Canadian BA, if a Canadian BA is being rolled over; and
(iii) the difference between the actual proceeds of a Canadian BA and the amount required to repay any Borrowing that is being converted to a Canadian BA; shall be funded and paid by PMCULC from its own resources, by 12:00 p.m. (Toronto time) on the day of the applicable Borrowing or may be advanced as a Canadian Prime Rate Loan under the Commitments if PMCULC is otherwise entitled to a Borrowing under this Agreement. None. None. None. None. None. Plains Marketing, L.P. 000 Xxxx Xxxxxx, Xxxxx 0000 Xxxxxxx, XX 00000 Attention: Vice President and Treasurer Telephone: 000-000-0000 Telecopier: (000) 000-0000 U.S. Taxpayer Identification Number: 00-0000000 Plains Midstream Canada ULC 000 Xxxx Xxxxxx, Xxxxx 0000 Xxxxxxx, XX 00000 Attention: Vice President and Treasurer Telephone: 000-000-0000 Telecopier: (000) 000-0000 Canadian Corporate Access Identification Number: 2015780733 Plains All American Pipeline, L.P. 000 Xxxx Xxxxxx, Xxxxx 0000 Xxxxxxx, XX 00000 Attention: Vice President and Treasurer Telephone: 000-000-0000 Telecopier: (000) 000-0000 U.S. Taxpayer Identification Number: 00-0000000 Bank of America, N.A. Building B 0000 Xxxxxxx Xxxx Mail Code: CA4-702-02-25 Xxxxxxx, XX 00000-0000 Attention: Xxxxxxx Xxxxxxxx Telephone: 000-000-0000 Telecopier: 000-000-0000 Electronic Mail: xxxxxxx.xxxxxxxx@xxxx.xxx Account No.: 37508-36479 Attn: Corporate Credit Services—West Ref: Plains Marketing, L.P. ABA# 000000000 Bank of America, N.A. Agency Management 0000 Xxxxxx Xxxxxx, 0xx Xxxxx Mail Code: CA5-701-05-19 Xxx Xxxxxxxxx, XX 00000 Attention: Xxxxxxxx X. Manduk Telephone: 000-000-0000 Telecopier: 000-000-0000 Electronic Mail: xxxxxxxx.xxxxxx@xxxx.xxx Bank of America, N.A. Trade Operations 0 Xxxxx Xxx Mail Code: PA6-580-02-30 Xxxxxxxx, XX 00000 Attention: Xxxxxxxx X. Xxxxx Telephone: 000-000-0000 Telecopier: 000-000-0000 Electronic Mail: xxxxxxxx.x.xxxxx@xxxx.xxx Bank of America, N.A. Building B 0000 Xxxxxxx Xxxx Mail Code: CA4-702-02-25 Xxxxxxx, XX 00000-0000 Attention: Xxxxxxx Xxxxxxxx Telephone: 000-000-0000 Telecopier: 000-000-0000 Electronic Mail: xxxxxxx.xxxxxxxx@xxxx.xxx Account No.: 37508-36479 Attn: Corporate Credit Services—West Ref: Pla...
Shortfall on Drawdowns, Rollovers and Conversions. The Borrower agrees that:
(a) the amount, if any, by which the amount of the maturing Bankers' Acceptance exceeds the actual proceeds of the Bankers' Acceptance being issued;
(b) the amount, if any, by which the amount required to repay any Advance which is being converted to a Banker's Acceptance exceeds the actual proceeds of the Bankers' Acceptance being issued. shall be funded and paid by the Borrower from its own resources, by 3:00p.m. on the day of the Advance or may be advanced as a Prime Rate Advance under a Credit if the Borrower is otherwise entitled to an Advance under the Credit.
Shortfall on Drawdowns, Rollovers and Conversions. Each Designated Borrower agrees that:
(i) the difference between the amount of a Borrowing requested by such Designated Borrower by way of Canadian BA’s and the actual proceeds of the Canadian BA’s;
(ii) the difference between the actual proceeds of a Canadian BA and the amount required to pay a maturing Canadian BA, if a Canadian BA is being rolled over; and
(iii) the difference between the actual proceeds of a Canadian BA and the amount required to repay any Borrowing that is being converted to a Canadian BA;
Shortfall on Drawdowns, Rollovers and Conversions. Each Canadian Borrower agrees that:
(i) the difference between the amount of an advance requested by a Canadian Borrower by way of Bankers' Acceptances and the actual proceeds of such Bankers' Acceptances;
(ii) the difference between the actual proceeds of a Bankers' Acceptance and the amount required to pay a maturing Bankers' Acceptance, if a Bankers' Acceptance is being rolled over; and
(iii) the difference between the actual proceeds of a Bankers' Acceptance and the amount required to repay any advance which is being converted to such Bankers' Acceptance; shall be funded by the Canadian Borrowers from their own resources by 11:00 a.m. on the day of the advance or may be advanced by Canadian Administrative Agent as a Canadian Revolving Loan at the rate of interest then applicable to Canadian Revolving Loans which are Base Rate Loans.
