BA Equivalent Loans by Non BA Lenders. Whenever the Borrower requests a BA Loan or conversion to a BA Loan or continuation of a BA Loan under this Agreement, each Non-BA Lender shall, in lieu of accepting and purchasing a Bankers’ Acceptance, make a BA Equivalent Loan in an amount equal to the Non-BA Lender’s Commitment Percentage of the BA Loan to be made on the applicable borrowing date.
Appears in 5 contracts
Samples: Seventh Amendment (Bowater Inc), Fourth Amendment (Bowater Inc), Third Amendment and Waiver (Bowater Inc)
BA Equivalent Loans by Non BA Lenders. Whenever the a Borrower requests a BA Loan or conversion to a BA Loan or continuation of a BA Loan an Advance under this AgreementAgreement by way of BAs, each Non-Non BA Lender shall, in lieu of accepting and purchasing a Bankers’ AcceptanceBA, make a BA Equivalent Loan in an amount equal to the Non-Non BA Lender’s Commitment Percentage 's Rateable Portion of the BA Loan to be made on the applicable borrowing dateAdvance.
Appears in 3 contracts
Samples: Credit Agreement (SunOpta Inc.), Credit Agreement (SunOpta Inc.), Credit Agreement (SunOpta Inc.)
BA Equivalent Loans by Non BA Lenders. Whenever the Borrower requests a BA Loan or conversion to a BA Loan or continuation of a BA Loan under this Agreement, each Non-BA Lender shall, in lieu of accepting and purchasing a Bankers’ Acceptance, make a BA Equivalent Loan in an amount equal to the Non-BA Lender’s Revolving Credit Commitment Percentage of the BA Loan to be made on the applicable borrowing date.
Appears in 3 contracts
Samples: Eleventh Amendment and Consent (AbitibiBowater Inc.), Eleventh Amendment and Consent (Bowater Inc), Credit Agreement (Bowater Inc)
BA Equivalent Loans by Non BA Lenders. Whenever the Borrower requests a BA Loan or conversion to a BA Loan or continuation of a BA Loan under this Agreement, each Non-BA Lender shall, in lieu of accepting and purchasing a Bankers’ ' Acceptance, make a BA Equivalent Loan in an amount equal to the Non-BA Lender’s 's Commitment Percentage of the BA Loan to be made on the applicable borrowing date.
Appears in 3 contracts
Samples: Third Amendment and Waiver (AbitibiBowater Inc.), Seventh Amendment (AbitibiBowater Inc.), Credit Agreement (AbitibiBowater Inc.)
BA Equivalent Loans by Non BA Lenders. Whenever the Borrower requests a BA Loan or conversion to a BA Loan or continuation of a BA Loan under this Agreement, each Non-BA Lender shall, in lieu of accepting and purchasing a Bankers’ ' Acceptance, make a BA Equivalent Loan in an amount equal to the Non-BA Lender’s 's Revolving Credit Commitment Percentage of the BA Loan to be made on the applicable borrowing date.
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