Eligible Bills Clause Samples

Eligible Bills. Each Borrower shall ensure that any ▇▇▇▇ drawn by it and accepted by a Bank is, assuming that the relevant Bank is a bank whose acceptances are then being treated as eligible acceptances by the Bank of England, eligible for rediscounting at the Bank of England.
Eligible Bills. A Borrower shall ensure that each ▇▇▇▇ drawn by it and accepted by a Bank is, assuming that the relevant Bank is a bank whose acceptances are then being treated as eligible acceptances by the Bank of England, eligible for rediscounting at the Bank of England.
Eligible Bills. NG Company shall ensure that each B▇▇▇ drawn by it and accepted by a Bank is eligible for rediscounting at the Bank of England (assuming that the relevant Bank is an Eligible Bank).
Eligible Bills. A Borrower shall ensure that each Bill ▇▇▇wn by it and accepted by a Lender is, assuming that the relevant Lender is a bank whose acceptances are then being treated as eligible acceptances by the Bank of England, eligible for rediscounting at the Bank of England.
Eligible Bills. The Company must ensure that each ▇▇▇▇ drawn by it and accepted by a Lender is, assuming that the accepting Lender is a bank whose acceptances are then being treated as eligible acceptances by the Bank of England, eligible for rediscounting at the Bank of England.