Existing Acceptances definition

Existing Acceptances means each of the acceptances issued under the Existing Credit Agreement prior to the date hereof.

Existing Acceptances as defined in Section 5.1(a).

Existing Acceptances means each acceptance or term draft created prior to the Effective Date by BTCo that is to be continued as an Acceptance under this Agreement and is listed on Annex XI hereto.

Examples of Existing Acceptances in a sentence

• If it is found that there is any non-conformance to specifications, the performance security deposit will be forfeited and the bidder will have no claim to any payments.

• In the event that any Acceptances are outstanding on the date on which any Canadian Lender other than The Toronto-Dominion Bank becomes a party to this Agreement, such Canadian Lender shall enter into an indemnity agreement with The Toronto-Dominion Bank with respect to such Existing Acceptances, in form and substance satisfactory to such Canadian Lender and The Toronto-Dominion Bank.

• On or before the Closing Date, Borrowers shall have paid in full all amounts outstanding under the Existing Credit Agreement and shall have terminated all commitments of the lenders thereunder (except with respect to the Existing Company Letters of Credit and Existing Acceptances issued pursuant to the Existing Credit Agreement, which shall remain issued notwithstanding the termination of all commitments thereunder).

• The Existing Letters of Credit and the Existing Acceptances, and the amount and payment date of fees thereon (including such Existing Letters of Credit deemed to be Letters of Credit hereunder), shall be governed by this Agreement.

• Letters of Credit and Acceptances shall include each of the Existing Letters of Credit and Existing Acceptances, which shall be deemed issued, for purposes of Sections 2.05(a), 3.01(a) and 3.01(b), on the Restatement Effective Date.

More Definitions of Existing Acceptances

Existing Acceptances is defined in the first recital.

Existing Acceptances shall have the meaning provided in Section 2.01(a).

Existing Acceptances such bankers' acceptances as are part of the Existing Extensions of Credit and are outstanding and/or unreimbursed on the Closing Date.

Existing Acceptances has the meaning assigned to that term in subsection 4.1.

Existing Acceptances means such bankers' acceptances created by the lenders parties to the Existing Agreement for the account of the Company pursuant thereto as are outstanding and unreimbursed on the Closing Date.

Existing Acceptances the aggregate amount of Acceptances outstanding on the Closing Date.

Existing Acceptances means each Acceptance under and as defined in the Original Credit Agreement that is outstanding on, and is to remain outstanding after, the Restatement Effective Date and is listed on Annex XI hereto.