Timing of Credit Availments. No LIBOR Loan under the Credit Facility may have a maturity date later than the Maturity Date.
Timing of Credit Availments. No Bankers’ Acceptance, BA Rate Loan or LIBOR Loan may have a maturity date later than the Maturity Date.
Timing of Credit Availments. No Term Benchmark Loan may have a maturity date later than the Maturity Date.
Timing of Credit Availments. No Bankers’ Acceptance, BA Rate Loan or LIBOR Loan may have a maturity date later than the Maturity Date. If, upon termination of the Credit Facility and release of the Security, an Issuing Lender, in its sole and absolute discretion, agrees to continue to provide a Letter or Letters on behalf of the Borrower, the Borrower shall post cash collateral security with such Issuing Lender as collateral security for the maximum aggregate exposure under such Letter or Letters. Following such payment by the Borrower to such Issuing Lender, the Borrower shall have no further liability to such Issuing Lender with respect to any such Letter. Prior to the expiry of any such cash collateralized Letter, the relevant Issuing Lender may, in its sole and absolute direction, pay the beneficiary of such Letter the face amount thereof from the proceeds of said cash collateral as if such beneficiary had presented such Letter to such Issuing lender for payment and thereafter cancel such Letter. Upon the expiry of any such cash collateralized Letter (or the return thereof by the beneficiary to the relevant Issuing Lender) which (i) has not been presented to the relevant Issuing Lender for payment or (ii) which has been presented to the relevant Issuing Lender for payment of less than the full face value thereof, such Issuing Lender shall promptly return the balance of such cash collateral to the Borrower.
Timing of Credit Availments. The Facility shall be available to the Borrower during the Availability Period. For the avoidance of doubt, no Loans may have a maturity date later than the Maturity Date.
Timing of Credit Availments. 39 3.7 INABILITY TO FUND U.S. DOLLAR ADVANCES IN CANADA..........................................39 3.8 INABILITY TO FUND LIBOR LOAN IN THE UNITED STATES.........................................40 3.9
Timing of Credit Availments. No Bankers’ Acceptance, LIBOR Loan or BA Rate Loan under Credit Facility 1 may have a maturity date later than the Credit Facility 1 Maturity Date or that would prevent the Borrowers from paying the scheduled instalments under Credit Facility 1 pursuant to Section 9.01. No Bankers’ Acceptance, LIBOR Loan or BA Rate Loan under Credit Facility 2 may have a maturity date later than the Credit Facility 2 Maturity Date.
Timing of Credit Availments. 36 3.07 Inability to Fund U.S. Dollar Advances in Canada.................... 36 3 (ii)
Timing of Credit Availments. 32 3.9 Time and Place of Payments....................................... 32 3.10
Timing of Credit Availments. No Bankers’ Acceptance, LIBOR Loan or BA Rate Loan under any Credit Facility may have a maturity date later than the Maturity Date or that would, with respect to the Term Facility, prevent the Canadian Borrowers from paying the scheduled instalments under the Term Facility pursuant to Section 9.1.
