Acceptance Note Lender definition

Acceptance Note Lender means a Lender (other than a Schedule I Lender) that cannot or does not as a matter of policy issue bankers’ acceptances.
Acceptance Note Lender as defined in subsection 2.5(f)(i).
Acceptance Note Lender has the meaning set forth in Section 2.03(e).

Examples of Acceptance Note Lender in a sentence

  • In connection with any request by the Borrower for the creation of Bankers’ Acceptances, the Borrower shall deliver to each Acceptance Note Lender an Acceptance Note of the Borrower having the same maturity as the Bankers’ Acceptances to be created and in an aggregate principal amount equal to the aggregate amount of the Bankers’ Acceptances that would otherwise have been required to be accepted by such Lender.

  • Each Acceptance Note Lender hereby agrees to purchase Acceptance Notes from each Canadian Revolving Credit Borrower at a price equal to the BA Discount Proceeds determined by reference to the BA Discount Rate which would have been applicable if a Bankers’ Acceptance had been accepted by it, and such Acceptance Notes shall be governed by the provisions of this subsection 2.5 as if they were Bankers’ Acceptances.

  • Each Acceptance Note Lender hereby agrees to purchase Acceptance Notes from the Canadian Borrower at the Applicable BA Discount Rate which would have been applicable if a Bankers’ Acceptance had been accepted by it (less any Acceptance Fee which would have been paid pursuant to Section 2.03(d) if such Acceptance Note Lender had accepted and purchased a Bankers’ Acceptance), and such Acceptance Notes shall be governed by the provisions of this Section 2.03 as if they were Bankers’ Acceptances.

  • Each Acceptance Note Lender hereby agrees to purchase Acceptance Notes from the Borrower at the Applicable BA Discount Rate which would have been applicable if a Bankers’ Acceptance had been accepted by it, and such Acceptance Notes shall be governed by the provisions of this Section 2.12 as if they were Bankers’ Acceptances.

  • Each Acceptance Note Lender hereby agrees to purchase Acceptance Notes from the Canadian Borrower at the Applicable BA Discount Rate which would have been applicable if a Bankers’ Acceptance had been accepted by it (less any Acceptance Fee which would have been paid pursuant to Section 3.02(d) if such Acceptance Note Lender had accepted and purchased a Bankers’ Acceptance), and such Acceptance Notes shall be governed by the provisions of this Section 3.02 as if they were Bankers’ Acceptances.

  • Each Acceptance Note Lender hereby agrees to purchase Acceptance Notes from such Canadian Borrower at the Applicable BA Discount Rate which would have been applicable if a Bankers’ Acceptance had been accepted by it (less any Acceptance Fee which would have been paid pursuant to Section 2.03(d) if such Acceptance Note Lender had accepted and purchased a Bankers’ Acceptance), and such Acceptance Notes shall be governed by the provisions of this Section 2.03 as if they were Bankers’ Acceptances.


More Definitions of Acceptance Note Lender

Acceptance Note Lender has the meaning set forth in Section 1.3(d).
Acceptance Note Lender has the meaning set forth in Section 3.02(f).
Acceptance Note Lender has the meaning set forth in Section 2.12(f)(i).

Related to Acceptance Note Lender