Examples of Acceptance Drawing in a sentence
If there is no Rollover or Conversion of a Banker’s Acceptance Drawing pursuant to the terms hereof, or no repayment of the relevant Bankers’ Acceptances in accordance with the foregoing, there shall be deemed to be a Conversion of the Bankers’ Acceptance Drawing to a Prime Rate Drawing and the provisions hereof relating to Prime Rate Drawings shall be applicable thereto.
It may also be that action outside the standards e.g. greater clarity and guidance about automated tools and techniques in a staff publication could be more beneficial.We agree that in certain jurisdictions it is necessary to increase confidence and trust in audits and there remains an expectation gap between what auditors are required to do and what stakeholders’ expectations are (pg.
The amount of each BA Equivalent Drawing shall be equal to the BA Discount Proceeds which would be realized from a hypothetical sale of those Bankers’ Acceptances which, but for this Section 5.7, such Lender would otherwise be required to accept as part of such Bankers’ Acceptance Drawing.
The following diagrams indicate acceptable and unacceptable door frame installations.
To determine the amount of such BA Discount Proceeds, the hypothetical sale shall be deemed to take place at a BA Discount Rate equal to the rate paid by Schedule II Lenders and Schedule III Lenders set out in Section 5.6. Any BA Equivalent Drawing shall be made on the relevant Drawing Date, Rollover Date or Conversion Date as the case may be and shall remain outstanding for the term of the relevant Bankers’ Acceptance Drawing.
To determine the amount of such BA Discount Proceeds, the hypothetical sale shall be deemed to take place at a BA Discount Rate equal to the rate paid by Schedule II Lenders and Schedule III Lenders set out in Section 5.6. Any BA Equivalent Drawing shall be made on the relevant Drawing Date, Rollover Date or Conversion Date as the case may be and shall remain outstanding for the term of the relevant Bankers' Acceptance Drawing.
Concurrent with the making of a BA Equivalent Drawing, a Non-Acceptance Lender shall be entitled to deduct therefrom an amount equal to the BA Stamping Fee which, but for this Section 5.7, such Lender would otherwise be entitled to receive as part of such Bankers' Acceptance Drawing.
Upon the BA Maturity Date for such Bankers' Acceptance Drawing, the Borrower shall pay to each Non-Acceptance Lender an amount equal to the face value of the Bankers' Acceptances which are the subject of the hypothetical sale referred to above.
If there is no Rollover or Conversion of a Banker's Acceptance Drawing pursuant to the terms hereof, or no repayment of the relevant Bankers' Acceptances in accordance with the foregoing, there shall be deemed to be a Conversion of the Bankers' Acceptance Drawing to a Prime Rate Drawing and the provisions hereof relating to Prime Rate Drawings shall be applicable thereto.
Upon the BA Maturity Date for such Bankers’ Acceptance Drawing, the Borrower shall pay to each Non-Acceptance Lender an amount equal to the face value of the Bankers’ Acceptances which are the subject of the hypothetical sale referred to above.