Common use of Size and Maturity of Canadian BA’s and Rollovers Clause in Contracts

Size and Maturity of Canadian BA’s and Rollovers. Each Borrowing by means of Canadian BA’s shall be in a minimum amount of CDN$1,000,000, and no more than seven Borrowings of Canadian BA’s shall be outstanding at any time. Each Canadian BA shall have a term of 30, 60 or 90 days (or such other period as may be agreed to by PMCULC or the Designated Borrower requesting such Borrowing and the Lenders) after the date of acceptance of the Canadian BA by a Lender, but no Canadian BA may mature on a date which is not a Business Day or after the Maturity Date. The face amount at maturity of a Canadian BA may be rolled over as a Canadian BA (by repayment and reissue) or repaid.

Size and Maturity of Canadian BA’s and Rollovers. Each Borrowing by means of Canadian BA’s shall be in a minimum amount of CDN$1,000,000CDN$500,000, and no more than seven Borrowings of Canadian BA’s shall be outstanding at any time. Each Canadian BA shall have a term of 30, 60 60, 90 or 90 180 days (or such other period as may be agreed to by PMCULC or the Designated Borrower requesting such Borrowing and the Lenders) after the date of acceptance of the Canadian BA by a Lender, but no Canadian BA may mature on a date which is not a Business Day or after the Maturity Date. The face amount at maturity of a Canadian BA may be rolled over as a Canadian BA (by repayment and reissue) or repaid.

Size and Maturity of Canadian BA’s and Rollovers. Each Borrowing by means of Canadian BA’s shall be in a minimum amount of CDN$1,000,000, and no more than seven Borrowings of Canadian BA’s shall be outstanding at any time. Each Canadian BA shall have a term of 30, 60 or 90 days (or such other period as may be agreed to by PMCULC or the Designated Borrower requesting such Borrowing and the Lenders) after the date of acceptance of the Canadian BA by a Lender, but no Canadian BA may mature on a date which is not a Business Day or after the Maturity Date. The face amount at maturity of a Canadian BA may be rolled over as a Canadian BA (by repayment and reissue) or repaid.

Size and Maturity of Canadian BA’s and Rollovers. Each Borrowing by means of Canadian BA’s shall be in a minimum amount of CDN$1,000,000CDN$500,000, and no more than seven Borrowings of Canadian BA’s shall be outstanding at any time. Each Canadian BA shall have a term of 30, 60 60, 90 or 90 180 days (or such other period as may be agreed to by PMCULC or the Designated Borrower requesting such Borrowing and the Lenders) after the date of acceptance of the Canadian BA by a Lender, but no Canadian BA may mature on a date which is not a Business Day or after the Maturity Date. The face amount at maturity of a Canadian BA may be rolled over as a Canadian BA (by repayment and reissue) or repaid.