Common use of Discounting Clause in Contracts

Discounting. Each Lender may arrange for a ▇▇▇▇ accepted by it to be discounted on its behalf in the London discount market or elsewhere or discount the ▇▇▇▇ itself.

Appears in 2 contracts

Sources: Credit Facility Agreement (Smith & Nephew PLC), Credit Facility Agreement (Oratec Interventions Inc)