Common use of Term of Bankers Acceptances Clause in Contracts

Term of Bankers Acceptances. The Borrower and the Agent, without any binding obligation to do so, shall consult with each other to ascertain appropriate terms to maturity of Bankers' Acceptances, having regard to the amount the Borrower wishes to borrow from time to time by way of Bankers' Acceptances and general market conditions affecting the purchase and sale of bankers' acceptances generally.

Term of Bankers Acceptances. The Borrower and the Agent, without any binding obligation to do so, shall consult with each other to ascertain appropriate terms to maturity of Bankers' ’ Acceptances, having regard to the amount the Borrower wishes to borrow from time to time by way of Bankers' ’ Acceptances and general market conditions affecting the purchase and sale of bankers' ’ acceptances generally, but in no event shall such term end in respect of any Bankers’ Acceptance subsequent to the Converted Term Maturity Date, if the Bankers’ Acceptance was issued under the Converted Term Facility.