BA Equivalent Advance definition

BA Equivalent Advance means, in relation to a Drawdown of, Conversion into or Rollover of Bankers’ Acceptances, an Advance in Canadian Dollars made by a Non-Acceptance Lender as part of such Loan.

BA Equivalent Advance means a Canadian Dollar Advance provided hereunder by a Non-BA Lender in lieu of Bankers' Acceptances, pursuant to Section 9.4.

BA Equivalent Advance means, in relation to a Drawdown of, Conversion into or Rollover of Bankers’ Acceptances, an Advance in Cdn. Dollars made by a Non-Acceptance Lender under a Credit Facility as part of such Loan.

Examples of BA Equivalent Advance in a sentence

• Any BA Equivalent Advance shall be made on the relevant Drawdown Date, Rollover Date or Conversion Date as the case may be and shall remain outstanding for the term of the relevant Bankers’ Acceptances.

• Concurrent with the making of a BA Equivalent Advance, a Non-Acceptance Lender shall be entitled to deduct therefrom an amount equal to the acceptance fee which, but for this Section, such Lender would otherwise be entitled to receive as part of such Loan.

• To the extent required as a mandatory prepayment under Section 2.5(c) above, the Canadian Borrower shall defease any B/A or B/A Equivalent Advance prior to the expiry of the applicable Contract Period by depositing with the Canadian Administrative Agent an amount that, together with interest accruing on such amount to the end of the Contract Period for such B/A or B/A Equivalent Advance, is sufficient to pay such maturing B/As or B/A Equivalent Advances when due.

• The results of this pilot will inform efforts to use HL7 data exchange as a standard method of data transmission between all participating PRISM Data Partners and IIS registries.

• Any BA Equivalent Advance shall be made on the relevant Drawdown Date, Rollover Date or Conversion Date as the case may be and shall remain outstanding for the term of the relevant Bankers' Acceptances.

More Definitions of BA Equivalent Advance

BA Equivalent Advance means an Advance contemplated as such in Section 10.3.

BA Equivalent Advance means a loan provided hereunder by a Canadian Lender in lieu of accepting and purchasing a BA pursuant to Section 3.08.

BA Equivalent Advance means an Advance contemplated as such in Section 2.18(c).

BA Equivalent Advance means a Canadian Advance provided hereunder by a Canadian Lender in lieu of accepting and purchasing a BA pursuant to Section 2.12(f).

BA Equivalent Advance means an Advance made by a Non-BA Lender as part of a BA Issue;

BA Equivalent Advance has the defined meaning assigned to it in Section 4.11;

BA Equivalent Advance has the meaning ascribed to it in Section 3.9(e).