Common use of Acceptance and Purchase Clause in Contracts

Acceptance and Purchase. Subject to the terms and conditions hereof, each Canadian Bank severally agrees to accept and purchase Bankers’ Acceptances drawn upon it by the Canadian Borrowers denominated in Canadian Dollars. The Canadian Borrowers shall notify the Canadian Agent by irrevocable written notice (each a “Bankers’ Acceptance Notice”) by 11:00 a.m. (Toronto time) within one (1) Canadian Business Day of the date of any borrowing by way of Bankers’ Acceptances. Each borrowing by way of Bankers’ Acceptances shall be in a minimum aggregate face amount of C$3,000,000 or an integral multiple of C$100,000 thereof. The face amount of each Bankers’ Acceptance shall be C$100,000 or any integral multiple thereof. Each Bankers’ Acceptance Notice shall be in the form of Exhibit F. In no event shall the Dollar Equivalent of the aggregate face amount of all outstanding Bankers’ Acceptances exceed the remainder of (i) the Total Canadian Commitment minus (ii) the sum of (A) the Outstanding Amount of all Canadian Loans denominated in U.S. Dollars, plus (B) the Outstanding Amount of all Canadian Loans denominated in Canadian Dollars.

Acceptance and Purchase. Subject to the terms and conditions hereof, each Canadian Bank Lender severally agrees to the extent of its respective Pro Rata Share of the Revolving Credit Commitments accept and purchase Bankers’ Canadian Bankers Acceptances drawn upon it by the Canadian Borrowers Borrower denominated in Canadian Dollars. The Canadian Borrowers Borrower shall notify the Canadian Agent by irrevocable written notice (each a “Bankers’ "Canadian Bankers Acceptance Notice”") by 11:00 10:00 a.m. (Toronto Toronto, Ontario time) within one two (12) Canadian Business Day of Days prior to the date of any borrowing Borrowing (including a conversion into or continuation/rollover of) by way of Bankers’ Canadian Bankers Acceptances. Each borrowing Borrowing by way of Bankers’ Canadian Bankers Acceptances shall be in a minimum aggregate face amount of C$3,000,000 or an 500,000.00 and integral multiple multiples of C$100,000 thereof. The face amount of each Bankers’ Acceptance shall be C$100,000 or any integral multiple 100,000.00 in excess thereof. Each Bankers’ Canadian Bankers Acceptance Notice shall be in the form of Exhibit F. "D". In no event shall the Dollar Equivalent of the aggregate face amount (without discount) of all outstanding Bankers’ Canadian Bankers Acceptances exceed the remainder of (i) the Total Maximum Canadian Commitment Exposure minus (ii) the sum of (A) the Outstanding Amount outstanding principal amount of all Canadian Loans denominated (expressed in U.S. Dollarsits Dollar Equivalent thereof), plus the Canadian Letter of Credit Obligations (B) the Outstanding Amount of all Canadian Loans denominated expressed in Canadian Dollarsits Dollar Equivalent thereof).

Acceptance and Purchase. Subject to the terms and conditions hereof, each Canadian Bank Lender severally agrees to accept and purchase Bankers’ Acceptances drawn upon it by the Canadian Borrowers denominated in Canadian Dollars. The Canadian Borrowers shall notify the Canadian Agent by irrevocable written notice (each a “Bankers’ Acceptance Notice”) by 11:00 a.m. (Toronto time) within one (1) Canadian Business Day of the date of any borrowing by way of Bankers’ Acceptances. Each borrowing by way of Bankers’ Acceptances shall be in a minimum aggregate face amount of C$3,000,000 or an integral multiple of C$100,000 thereof. The face amount of each Bankers’ Acceptance shall be C$100,000 or any integral multiple thereof. Each Bankers’ Acceptance Notice shall be in the form of Exhibit F. In no event shall the Dollar Equivalent of the aggregate face amount of all outstanding I. A Bankers’ Acceptances exceed the remainder of Acceptance shall be purchased and accepted only if, after giving effect to such purchase and acceptance (i) the Total Canadian Commitment minus Revolving Credit Exposure of any Canadian Lender shall not exceed such Canadian Xxxxxx’s Canadian Commitment, and (ii) the sum of (A) Total Canadian Outstandings shall not exceed the Outstanding Amount of all Aggregate Canadian Loans denominated in U.S. Dollars, plus (B) the Outstanding Amount of all Canadian Loans denominated in Canadian DollarsCommitments.

Acceptance and Purchase. Subject to the terms and conditions hereof, each Canadian Bank severally agrees to accept and purchase Bankers’ ' Acceptances drawn upon it by the Canadian Borrowers denominated in Canadian Dollars. The Canadian Borrowers shall notify the Canadian Agent by irrevocable written notice (each a “"Bankers’ ' Acceptance Notice”") by 11:00 10:00 a.m. (Toronto New York time) within one two (12) Canadian Business Day of Days prior to the date of any borrowing by way of Bankers’ ' Acceptances. Each borrowing by way of Bankers’ ' Acceptances shall be in a minimum aggregate face amount of C$3,000,000 or an 1,000,000 and integral multiple multiples of C$100,000 in excess thereof. The face amount of each Bankers’ ' Acceptance shall be C$100,000 or any integral multiple thereof. Each Bankers’ ' Acceptance Notice shall be in the form of Exhibit F. H. In no event shall the Dollar Equivalent of the aggregate face amount of all outstanding Bankers’ ' Acceptances exceed the remainder of (i) the Total Canadian Commitment minus (ii) the sum of (A) the Outstanding Amount outstanding principal amount of all Canadian Loans denominated (expressed in U.S. Dollarsits Dollar Equivalent thereof), plus the Maximum Drawing Amount (Bexpressed in its Dollar Equivalent thereof) the Outstanding Amount of all outstanding Canadian Loans denominated in Canadian DollarsLetters of Credit.

Acceptance and Purchase. Subject to the terms and conditions hereof, each Canadian Bank Lender severally agrees to accept and purchase Bankers’ Acceptances drawn upon it by the Canadian Borrowers denominated in Canadian Dollars. The Canadian Borrowers shall notify the Canadian Agent by irrevocable written notice (each a “Bankers’ Acceptance Notice”) by 11:00 a.m. (Toronto time) within one (1) Canadian Business Day of the date of any borrowing by way of Bankers’ Acceptances. Each borrowing by way of Bankers’ Acceptances shall be in a minimum aggregate face amount of C$3,000,000 or an integral multiple of C$100,000 thereof. The face amount of each Bankers’ Acceptance shall be C$100,000 or any integral multiple thereof. Each Bankers’ Acceptance Notice shall be in the form of Exhibit F. In no event shall the Dollar Equivalent of the aggregate face amount of all outstanding I. A Bankers’ Acceptances exceed the remainder of Acceptance shall be purchased and accepted only if, after giving effect to such purchase and acceptance (i) the Total Canadian Commitment minus Revolving Credit Exposure of any Canadian Lender shall not exceed such Canadian Lender’s Canadian Commitment, and (ii) the sum of (A) Total Canadian Outstandings shall not exceed the Outstanding Amount of all Aggregate Canadian Loans denominated in U.S. Dollars, plus (B) the Outstanding Amount of all Canadian Loans denominated in Canadian DollarsCommitments.