Common use of WITHDRAWALS AND DEPOSITS Clause in Contracts

WITHDRAWALS AND DEPOSITS. 4.1 Subject always to the provisions of the Cash Management Agreement, the Bank Account Agreement, the Security Agreement and the Guarantor Agreement, the Guarantor, or the Cash Manager on behalf of the Guarantor, may on any Canadian Business Day give notice to the GDA Provider that it wishes to withdraw on such date all or part of the GDA Balance from the GDA Account and the GDA Provider shall comply with such notice and pay the amount specified in such notice to the account specified therein, provided that if any such notice is received after 12 noon (Eastern Standard Time) on any day it shall be deemed to have been received at the opening of business on the next following Canadian Business Day. 4.2 The Guarantor may deposit, or procure the deposit of, sums in the GDA Account, to the extent permitted by the terms of the Cash Management Agreement, the Bank Account Agreement, the Security Agreement and the Guarantor Agreement, and the GDA Provider agrees to accept and credit to the GDA Account such sums in accordance with the terms hereof.

WITHDRAWALS AND DEPOSITS. 4.1 Subject always to the provisions of the Cash Management Agreement, the Bank Account Agreement and the Security Agreement, the Security Agreement and the Guarantor Agreement, the Guarantor, (or the Cash Manager on behalf of the Guarantor, its behalf) may on any Canadian Toronto Business Day give notice to the GDA Provider that it wishes to withdraw on such date all or part of the GDA Balance from the GDA Account and the GDA Provider shall comply with such notice and pay the amount specified in such notice to the account specified therein, provided that if any such notice is received after 12 noon (Eastern Standard TimeToronto time) on any day it shall be deemed to have been received at the opening of business on the next following Canadian Toronto Business Day. 4.2 The Guarantor (or the Cash Manager on its behalf) may deposit, or procure the deposit of, sums in the GDA Account, to the extent permitted by the terms of the Cash Management Agreement, the Bank Account Agreement, the Security Agreement and the Guarantor Security Agreement, and the GDA Provider agrees to accept and credit to the GDA Account such sums in accordance with the other terms hereof.