Acceptance Usage definition

Acceptance Usage means, as at any date, the sum (without duplication) of the aggregate Face Amount of all Acceptances created by Canadian Lenders pursuant to Section 4 which have not been repaid by Canada Safeway whether or not due and whether or not held by any Lender. For purposes of this definition, any Acceptance which has been prepaid in full shall not be deemed to be outstanding and all Acceptances shall be valued in Dollar Equivalents as of any date of determination.
Acceptance Usage means, as at any date of determination, the aggregate Face Amount of all completed Bankers’ Acceptances which have not been repaid by McKesson Canada whether or not due and whether or not held by a Lender. For purposes of this definition, any Bankers’ Acceptance that has been prepaid in full shall not be deemed to be outstanding and all Bankers’ Acceptances shall be valued in Dollar Equivalents as of the applicable Computation Date.
Acceptance Usage means, as at any date of determination, the aggregate Face Amount of all completed Bankers' Acceptances which have not been repaid by Libbey Canada whether or not due and whether or not held by Canadian Agent. For purposes of this definition, any Bankers' Acceptance for which security has been given to Canadian Agent for the full amount thereof shall not be deemed to be outstanding and all Bankers' Acceptances shall be valued in Dollar Equivalents as of such date of determination.

Examples of Acceptance Usage in a sentence

  • You understand that if you are required to use the Trust’s IT systems as part of any engagement you undertake that you will abide by the Trust IT Acceptance Usage Policy a copy of which is available from the Staffbank office.

  • The amount of the Total Domestic Revolving Credit Commitment which shall be available to the Multicurrency Facilities Borrowers as Domestic Revolving Loans shall be reduced by the aggregate amount of all Domestic Letters of Credit Outstandings, Swing Line Outstandings, Domestic Acceptance Usage and Competitive Bid Loans.

  • For the purposes of determining the amount of Domestic Loans plus Domestic Letters of Credit Outstandings plus Domestic Acceptance Usage plus Swing Line Outstandings, it is intended by the parties that all Domestic Loans shall be the functional equivalent of Loans made and repaid (based on the applicable Advance Date Exchange Rate for each Advance) in Dollars.

  • The amount of the Total Domestic Revolving Credit Commitment which shall be available to the Multicurrency Facilities Borrowers shall be reduced by the aggregate amount of all Domestic Letters of Credit Outstandings, Swing Line Outstandings, Domestic Acceptance Usage and Competitive Bid Loans.

  • For the purposes of determining the amount of Domestic Loans plus Domestic Letter of Credit Outstandings plus Domestic Acceptance Usage plus Swing Line Outstandings, it is intended by the parties that all Domestic Loans shall be the functional equivalent of Loans made and repaid (based on the applicable Advance Date Exchange Rate for each Advance) in Dollars.

  • The Proceeds of Discount of such Bills shall be applied by the Bank in payment to it of the Bills Acceptance Usage Fee payable in respect of those Bills and of an amount equal to the amount of the unpaid payment.

  • The amount of the Total Canadian Revolving Credit Commitment which shall be available to TD Canada for Canadian Loans shall be reduced by the aggregate amount of all Canadian Letters of Credit Outstandings and Canadian Acceptance Usage.

  • The amount of the Total Canadian Revolving Credit Commitment which shall be available to TD Canada shall be reduced by the aggregate amount of all Canadian Letters of Credit Outstandings and Canadian Acceptance Usage.