Common use of BA Equivalent Loans by Non BA Lenders Clause in Contracts

BA Equivalent Loans by Non BA Lenders. Whenever the Canadian Borrower requests a Bankers’ Acceptance Loan or conversion or continuation thereof under this Addendum, each Non BA Lender shall, in lieu of accepting a Bankers’ Acceptance, make a BA Equivalent Loan in an amount equal to the Non BA Lender’s Syndicated Canadian Pro Rata Share of such Bankers’ Acceptance Loan.

BA Equivalent Loans by Non BA Lenders. Whenever the Canadian Borrower CERI requests a Bankers’ Acceptance Canadian Revolving Credit Loan or conversion or continuation thereof under this AddendumAgreement by way of Bankers' Acceptances, each Non BA Lender shall, in lieu of accepting a Bankers’ ' Acceptance, make a BA Equivalent Loan in an amount equal to the Non BA Lender’s Syndicated 's Ratable Portion of the Canadian Pro Rata Share of such Bankers’ Acceptance Revolving Credit Loan.

BA Equivalent Loans by Non BA Lenders. Whenever the Canadian any Borrower requests a Bankers’ Acceptance Loan or conversion or continuation thereof under this Addendum, each Non BA Lender shall, in lieu of accepting a Bankers’ Acceptance, make a BA Equivalent Loan in an amount equal to the Non BA Lender’s Syndicated Canadian Pro Rata Share of such Bankers’ Acceptance Loan.