Common use of Terms Applicable to Discount Notes Clause in Contracts

Terms Applicable to Discount Notes. As set out in the definition of “Bankers’ Acceptances”, that term includes Discount Notes and BA Equivalent Loans not evidenced by Discount Notes and all terms of this Agreement applicable to Bankers’ Acceptances shall apply equally to BA Equivalent Loans and Discount Notes evidencing BA Equivalent Loans with such changes as may in the context be necessary. For greater certainty: (1) the term of a Discount Note shall be the same as the Interest Period for Bankers’ Acceptances accepted and purchased on the same date in respect of the same Canadian Revolving Loan; (2) an acceptance fee will be payable in respect of a Discount Note and shall be calculated at the same rate and in the same manner as the Acceptance Fee in respect of a Bankers’ Acceptance; and (3) the Discount Rate applicable to a Discount Note shall be the Discount Rate applicable to BA Equivalent Loans made on the same date in respect of the same Canadian Revolving Loan. Notwithstanding the foregoing, it is understood and agreed that any Non-BA Lender may agree, in lieu of receiving any Discount Notes, that such Discount Notes may be uncertificated and the applicable BA Equivalent Loan shall be evidenced by a loan account, which such Non-BA Lender shall maintain in its name, and in such event such loan account shall be entitled to all the benefits of Discount Notes in respect of BA Equivalent Loans.

Terms Applicable to Discount Notes. As set out in the definition of “Bankers’ Acceptances”, ,” that term includes Discount Notes and BA Equivalent Loans not evidenced by Discount Notes and all terms of this Agreement applicable to Bankers’ Acceptances shall apply equally to BA Equivalent Loans and Discount Notes evidencing BA Equivalent Loans with such changes as may in the context be necessary. For greater certainty: (1) the term of a Discount Note shall be the same as the Interest Period for Bankers’ Acceptances accepted and purchased on the same date in respect of the same Canadian Revolving Loan; (2) an acceptance fee will be payable in respect of a Discount Note and shall be calculated at the same rate and in the same manner as the Acceptance Fee in respect of a Bankers’ Acceptance; and (3) the Discount Rate applicable to a Discount Note shall be the Discount Rate applicable to BA Equivalent Loans made on the same date in respect of the same Canadian Revolving Loan. Notwithstanding the foregoing, it is understood and agreed that any Non-BA Lender may agree, in lieu of receiving any Discount Notes, that such Discount Notes may be uncertificated and the applicable BA Equivalent Loan shall be evidenced by a loan account, which such Non-BA Lender shall maintain in its name, and in such event such loan account shall be entitled to all the benefits of Discount Notes in respect of BA Equivalent Loans.

Terms Applicable to Discount Notes. As set out in the definition of “the Bankers’ Acceptances”, that term includes Discount Notes and BA Equivalent Loans not evidenced by Discount Notes and all terms of this Agreement applicable to Bankers’ Acceptances shall apply equally to BA Equivalent Loans and Discount Notes evidencing BA Equivalent Loans with such changes as may in the context be necessary. For greater certainty: (1a) the term of a Discount Note shall be the same as the Interest Period term for Bankers’ Acceptances accepted and purchased on the same date Borrowing Date in respect of the same Canadian Revolving Credit Loan; (2b) an acceptance fee will be payable in respect of a Discount Note and shall be calculated at the same rate and in the same manner as the Acceptance BA Fee in respect of a Bankers’ AcceptanceAcceptance accepted and purchased on the same Borrowing Date in respect of the same Revolving Credit Loan; and (3c) the Discount Rate interest rate applicable to a Discount Note shall be the Discount BA Rate applicable to BA Equivalent Loans made Bankers’ Acceptances accepted by a Canadian Facility Lender other than a Schedule I Lender on the same date Borrowing Date in respect of the same Canadian Revolving Credit Loan. Notwithstanding the foregoing, it is understood Each Canadian Borrower and agreed that any each applicable Non-BA Lender hereby acknowledge and agree that from time to time certain Non-BA Lenders may agreeelect not to receive any Discount Notes, and each Canadian Borrower and each applicable Non-BA Lender agrees that with respect to any such Non-BA Lender, in lieu of receiving any Discount Notes, that such Discount Notes may be uncertificated and the applicable BA Equivalent Loan shall may be evidenced by a loan account, account which such Non-BA Lender shall maintain in its name, and in such event such loan account shall be entitled to all the benefits of Discount Notes in respect of BA Equivalent LoansNotes.

Terms Applicable to Discount Notes. As set out in the definition of “the Bankers’ Acceptances”, that term includes Discount Notes and BA Equivalent Loans not evidenced by Discount Notes and all terms of this Agreement applicable to Bankers’ Acceptances shall apply equally to BA Equivalent Loans and Discount Notes evidencing BA Equivalent Loans with such changes as may in the context be necessary. For greater certainty: (1A) the term of a Discount Note shall be the same as the Interest Period term for Bankers’ Acceptances accepted and purchased on the same date Borrowing Date in respect of the same Canadian Revolving Credit Loan; (2B) an acceptance fee will be payable in respect of a Discount Note and shall be calculated at the same rate and in the same manner as the Acceptance BA Fee in respect of a Bankers’ AcceptanceAcceptance accepted and purchased on the same Borrowing Date in respect of the same Revolving Credit Loan; and (3C) the Discount Rate interest rate applicable to a Discount Note shall be the Discount BA Rate applicable to BA Equivalent Loans made Bankers’ Acceptances accepted by a Canadian Facility Lender other than a Schedule I Lender on the same date Borrowing Date in respect of the same Canadian Revolving Credit Loan. Notwithstanding the foregoing, it is understood Each Canadian Borrower and agreed that any each applicable Non-BA Lender hereby acknowledge and agree that from time to time certain Non-BA Lenders may agreeelect not to receive any Discount Notes, and each Canadian Borrower and each applicable Non-BA Lender agrees that with respect to any such Non-BA Lender, in lieu of receiving any Discount Notes, that such Discount Notes may be uncertificated and the applicable BA Equivalent Loan shall may be evidenced by a loan account, account which such Non-BA Lender shall maintain in its name, and in such event such loan account shall be entitled to all the benefits of Discount Notes in respect of BA Equivalent LoansNotes.

Terms Applicable to Discount Notes. As set out in the definition of “Bankers’ Acceptances”, that term includes Discount Notes and BA Equivalent Loans not evidenced by Discount Notes and all terms of this Agreement applicable to Bankers’ Acceptances shall apply equally to BA Equivalent Loans and Discount Notes evidencing BA Equivalent Loans with such changes as may in the context be necessary. For greater certainty: (1A) the term of a Discount Note shall be the same as the Interest Period term for Bankers’ Acceptances accepted and purchased on the same date Borrowing Date in respect of the same Canadian Revolving Credit Loan; (2B) an acceptance fee will be payable in respect of a Discount Note and shall be calculated at the same rate and in the same manner as the Acceptance BA Fee in respect of a Bankers’ Acceptance; and (3C) the Discount BA Rate applicable to a Discount Note shall be the Discount BA Rate applicable to BA Equivalent Loans made Bankers’ Acceptances accepted by a Lender other than a Schedule I Lender on the same date Borrowing Date or other date, as the case may be, in respect of the same Canadian Revolving Credit Loan. Notwithstanding the foregoing, it is understood Each Canadian Borrower and agreed that any each applicable Non-BA Lender hereby acknowledge and agree that from time to time certain Non-BA Lenders may agreeelect not to receive any Discount Notes, and each Canadian Borrower and each applicable Non-BA Lender agrees that with respect to any such Non-BA Lender, in lieu of receiving any Discount Notes, that such Discount Notes may be uncertificated and the applicable BA Equivalent Loan shall may be evidenced by a loan account, account which such Non-BA Lender shall maintain in its name, and in such event such loan account shall be entitled to all the benefits of Discount Notes in respect of BA Equivalent LoansNotes.

Terms Applicable to Discount Notes. As set out in the definition of “"Bankers’ ' Acceptances”", that term includes Discount Notes and BA Equivalent Loans not evidenced by Discount Notes and all terms of this Agreement applicable to Bankers’ ' Acceptances shall apply equally to BA Equivalent Loans and Discount Notes evidencing BA Equivalent Loans with such changes as may in the context be necessary. For greater certainty: (1) the term of a Discount Note shall be the same as the Interest Period for Bankers’ ' Acceptances accepted and purchased on the same date in respect of the same Canadian Revolving Loan; (2) an acceptance fee will be payable in respect of a Discount Note and shall be calculated at the same rate and in the same manner as the Acceptance Fee in respect of a Bankers’ ' Acceptance; and (3) the Discount Rate applicable to a Discount Note shall be the Discount Rate applicable to BA Equivalent Loans made on the same date in respect of the same Canadian Revolving Loan. Notwithstanding the foregoing, it is understood and agreed that any Non-BA Lender may agree, in lieu of receiving any Discount Notes, that such Discount Notes may be uncertificated and the applicable BA Equivalent Loan shall be evidenced by a loan account, which such Non-BA Lender shall maintain in its name, and in such event such loan account shall be entitled to all the benefits of Discount Notes in respect of BA Equivalent Loans.